Sep
03

Steve & Barry’s Plans to Stay at Columbia Place

By
Bankrupt clothing chain has new owners

September 3, 2008

By Noelle Phillips – The State

Steve & Barry’s, the struggling discount clothing store chain, is staying at Columbia Place mall, a company spokeswoman said Tuesday.

The store, on the mall’s upper level, will remain open, but the spokeswoman offered few other details about the bankrupt chain’s plans for the future.

Two investment firms bought the chain in bankruptcy court last week and said they anticipated announcements about store openings and closings as early as this week. On Tuesday, the company announced it would close Steve & Barry’s in Sumter, Camden and North Augusta.

Rumors have been flying about Columbia Place’s other anchor stores since Dillard’s said on Friday that it would shutter its store as of Nov. 4. The Little Rock, Ark.-based chain has been closing stores across the country.

Sharon Bateman, a spokeswoman for Macy’s department stores, said Tuesday she has been fielding calls about her company’s store at Columbia Place, but the Cincinnati-based chain had no announcements about openings or closings.

Sears officials could not be reached for comment.

Steve & Barry’s, along with Burlington Coat Factory, replaced JCPenney after it left in 2005 for the Village at Sandhill, an outdoor mall a few miles up Two Notch Road.

Columbia Place mall’s owners said last week that it is too early to speculate about who will take over the 180,000 square feet Dillard’s now occupies.

ARTICLE SHORTENED DUE TO LENGTH….


LINK TO ARTICLE HERE:

http://www.thestate.com/business/story/511652.html
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