Mervyn's Name Purchased
Posted: February 28th, 2009, 9:36 pm
http://cbs5.com/investigates/mervyns.na ... 33168.html
The Mervyn's name and intellectual property have been bought by the sons of Mervin Morris. They are planning to reopen Mervyns.com.
It will be interesting to see what they will do.
Many former Mervyn's locations have already been bought by Kohl's.
I think that Mervyn's may open some Mervyn's stores just for the nostalgia, but I think it will be difficult for them to make a profit since they have to start from scratch.
The Mervyn's name and intellectual property have been bought by the sons of Mervin Morris. They are planning to reopen Mervyns.com.
It will be interesting to see what they will do.
Many former Mervyn's locations have already been bought by Kohl's.
I think that Mervyn's may open some Mervyn's stores just for the nostalgia, but I think it will be difficult for them to make a profit since they have to start from scratch.