Saturday, September 3, 2011

Anchor Blue to close three local stores - Nashville Business Journal:

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The store closings are part ofthe Ontario-baserd retailer’s restructuring plan. Founded in 1972 as Miller's the retailer changed its name to Anchodr Blue in the late The company sells casual apparel for teens and youn adults and has 117 stores in 12 The entire inventory at shuttering stores went on sale GordonBrothers Group, a global restructuring and investment firm specializing in the retail, consumer products, real estate and industria sectors, is running the storre closing sale on Anchor Blue’s behalf.
“These strategi store closings will help us significantly improvr operational performance as we proactively restructure our business to conforjmto today’s market,” Thomas Sands, chief executive officed of Anchor Blue Retail Group, said in a news “Anyone who lives near a closing store is encouraged to take advantagse of the tremendous values we’re offerin on all merchandise during the sale.” Ancho Blue Retail Group is the holding companyu for Anchor Blue and Levi’s & Dockers Outley by MOST.
In the Sacramentol area, Anchor Blue will closew stores at Sunrise Mall inCitrusx Heights, The Village at Sacramento Gatewauy in Natomas and County Fair Mall in Woodland.

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