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Posted: Tuesday, 29 July 2008 1:50PM

Mervyns Files For Bankruptcy Protection



HAYWARD, Calif. (KCBS/AP)  -- Department store chain Mervyns LLC says it has filed for Chapter 11 bankruptcy protection. That makes it the latest merchant to become a casualty of the harsh retail environment.

The Hayward-based chain, along with certain of its affiliates, filed for protection from its creditors in U.S. bankruptcy court for the District of Delaware.

Mervyns says all of its stores will remain open and business will continue as the company reorganizes. Mervyns operates about 175 locations in seven states, primarily in California.

(clo)


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