The La Mesa store will close the day after Christmas. The other two outlets will close following liquidation sales expected to conclude in March. Four stores will continue to operate: in Mission Valley, Point Loma, Escondido and La Jolla.
A store employee says that most, if not all workers at the closed stores will be absorbed by the remaining outlets. Strouds is seeking bankruptcy court permission to close four other stores, including one in Huntington Beach in Orange County.
The case will be heard Dec. 21 in Wilmington, DE.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
