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
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 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Textiles | On 27th Oct 2016

Fischer Konzept installs sixth Zünd digital cutter

Fischer Konzept, German developers of individual packaging solutions...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search