The Service Merchandise store on Mercury Boulevard – a seller of jewelry, electronics and other home products – is closing its dorrs after nine years in business. The store at Todd Center is one of ...
Retail businesses often have similar histories. They start small, often in a tiny storefront. As they grow, they may move into a shopping center. After many years of being in business, they may falter ...
In an effort to save an estimated $35 million in 2001, Nashville, Tenn.-based Service Merchandise laid off about 1,750 full-time employees Jan. 10 and announced plans to restructure its core business.