Really, with Wal-Mart and Target doing spectacular business, that they've managed to stay open this long is a miracle itself. See, Hayward-based Mervyns is closing its doors. For good. (Now where will be get our 1000+ thread count sheets? Fuuuuuuuuuck.) The semi-super-chain, which has about 175 locations in seven states, plans to liquidated their assets under the Chapter 11 bankruptcy code.

That is to say, everything must go! The company and its board says "going out of business sales during the holiday season is the best way to maximize value for the company’s creditors." So during the holiday season, be sure to head over to the Mervyns nearest you to pick up a few bottles of discounted Drakkar-Noir and janky Anne-Klein II separates for the loves ones in your life. You can (still!) find Mervyns in Bay Area at 2675 Geary Blvd, SF; 63 Serramonte Ctr, Daly City; and 2201 S Shore Ctr, Alameda.