Saturday, February 4, 2012

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

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The store closings are part ofthe Ontario-basesd retailer’s restructuring plan. Founded in 1972 as Miller'ws Outpost, the retailer changed its name to Anchofr Blue in thelate 1990s. The company sells casual apparel for teensx and young adults and has 117 storew in12 states. The entire inventory at shuttering stores went on sale GordonBrothers Group, a global advisory, restructuring and investmengt firm specializing in the retail, consumed products, real estate and industrial is running the store closing sale on Anchor Blue’s “These strategic store closings will help us significantly improve operational performance as we proactivelyu restructure our business to conform to today’s Thomas Sands, chief executive officer of Anchor Blue Retailo Group, said in a news release.
“Anyone who lives near a closinfg store is encouraged to take advantaged of the tremendousvalues we’re offerinfg on all merchandise during the sale.” Anchor Blue Retail Grouo is the holding company for Anchot Blue and Levi’s & Dockerd Outlet by MOST. In the Sacramento Anchor Blue will close storeds at Sunrise Mall in Citrus The Village at Sacramento Gateway in Natomaz and County Fair Mallin

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