But that sentiment didn't stop a "day laborer" from taking a job holding a sign at 115th and Nall the other day announcing great deals at the Harold's Going Out Of Business sale.
The closing of the Harold's store illustrates that in the current (bad) economy is affecting even affluent places like Leawood's Town Center Plaza.
To be fair the writing was on the wall for the regional retailer of ladies fashions. It was having trouble throughout it's Midwest territory, and the chain filed for bankruptcy at its Oklahoma headquarters back in November.Turns out the 60-year-old business couldn't keep up with the failing economy.
"Increased competition and a weak economy have left us no choice but to cease operations," stated Ronald S. Staffieri, Chief Executive Officer of Harold's Stores, Inc. "We'd like to thank our loyal customers for their many years of patronage by offering incredible values on merchandise in all stores. As always, our knowledgeable Associates will provide our customers with the same high level of service."Related: Metro GOOB Watch: Rainforest Cafe
tagged: economy, business, Johnson County, Kansas, Harold's, Leawood
The Limited is going out too!
ReplyDeleteAlthough, my shopaholic insiders tell me it's an issue with the TCP leasing company, not due to economic turmoil.
Still, kinda sad!
sign holders are in demand, I may get a certification just in case.
ReplyDeleteAll Harolds are closing. The whole country. What does this have to do with Leawood?
ReplyDelete