Steve & Barry's has been rescued! The discount retailer that
filed for Chapter 11 bankruptcy last month has been bought out by an affiliate of the Bay Harbour Management investment firm, which paid $168 million to purchase the chain. This means most of the Steve & Barry's 276 stores can continue to operate. And hey, maybe that Steve & Barry's that's supposed to open in the old Tower Records space has a fighting chance to actually open.
Steve and Barry's not going under after all | RuchingDiva's Xanga Site - Weblog
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Steve and Barry's not going under!
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