NASHVILLE, Tenn. – Service Merchandise Co. Inc., a 42-year-old retail chain that has operated under Chapter 11 bankruptcy protection since March 1999, announced Friday that it is going out of business ...
Service Merchandise, the one-time catalog showroom retailer that attempted a comeback through a mail order catalog last spring, has been tabled at least until early next year. Due to a lack of ...
The late, lamented catalog showroom retailer Service Merchandise is making a comeback of sorts. The success of a Service Merchandise jewelry Website launched in December has led to the test-mailing of ...
Update—In an early afternoon release, Service Merchandise confirmed that it intends to cease operations and liquidate its assets. The company cited “disappointing 2001 results in a post-September 11 ...
Service Merchandise never would have gone out of business if company officials hadn’t hired Bill Cosby as a pitchman in the late 1980s, the company’s CEO Sam Cusano says. Cosby was still at the height ...