Home / Knowledge / News / Apparel/Garments / Goody's Clothing to dispose 69 retail stores across Southeast
Goody's Clothing to dispose 69 retail stores across Southeast
26
Jun '08
Goody's Family Clothing Inc (Goody's), which recently filed for Chapter 11 to restructure its operations, has selected DJM Realty, the leading national retail real estate disposition and restructuring firm, to exclusively manage the disposition project of 69 retail store leases located primarily throughout the Southeast.

During this process, Goody's, a retailer of moderately priced family apparel, will continue to remain fully operational and open for business as usual.

"These 69 Goody's stores that DJM Realty will be marketing range from 20,574 - 52,632 square feet. We are pleased to offer these prime real estate locations to retailers; The Goody's portfolio offers a unique mix of mid and big box stores located in freestanding locations and strip centers with strong retail co-tenants," said Emilio Amendola, Co-President of DJM Realty.

The Goody's store leases are available in the following locations:
Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Missouri, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia.

Goody's Family Clothing Inc, has identified the need to close these 69 underperforming stores to significantly reduce expenses and create a more appropriate capital structure so that Goody's is better positioned for the future.

These 69 locations are currently liquidating its inventory through their stores until store closures are complete. The engagement of DJM Realty, which is subject to bankruptcy court approval, anticipates a bid due date by July 30, 2008.

DJM Realty has worked with over 220 companies to dispose of their excess or underperforming real estate. DJM Realty is a leader in finding innovative ways to consolidate and reconfigure real estate to achieve the highest possible value.

Goody's Family Clothing Inc

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search