Sunday, July 15, 2012

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

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The store closings are part ofthe Ontario-based retailer’s restructurinfg plan. Founded in 1972 as Miller's Outpost, the retailer changed its name to Anchorf Blue in thelate 1990s. The companhy sells casual apparel for teens and young adulte and has 117 stores in 12 The entire inventory at shuttering stores went on sale GordonBrothers Group, a global advisory, restructurint and investment firm specializing in the retail, consumed products, real estate and industrial sectors, is running the storer closing sale on Ancho Blue’s behalf.
“These strategic store closingsw will help us significantly improve operational performance as we proactivelyg restructure our business to conformto today’s market,” Thomasz Sands, chief executive officer of Anchor Blue Retail Group, said in a news “Anyone who lives near a closinh store is encouraged to take advantage of the tremendoud values we’re offering on all merchandise during the sale.
” Anchor Blue Retail Grou is the holding company for Anchor Blue and Levi’ s & Dockers Outlet by In the Sacramento area, Ancho Blue will close stores at Sunrise Mall in Citrusw Heights, The Village at Sacramento Gateway in Natomass and County Fair Mall in Woodland.

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