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Tuesday, December 23, 2008

Value City Department Stores Close

By Denise Yost
Managing Editor, nbc4i.com
Published: December 23, 2008

COLUMBUS, Ohio—It’s been two months since Value City Department Stores filed for bankruptcy and the company closed its last two locations Tuesday.

The locations that closed included the stores on Innis Road and West Broad Street, NBC 4‘s Tanya Hutchins reported.

Longtime Columbus residents consider the company an institution. Value City Department Stores’ liquidation sale has items for 90 percent off, including all fixtures, furniture and equipment.

The signs were unavoidable and there was no shortage of shoppers.

“It was pretty bare. I’m used to a ton of stuff. There are people rummaging through everything. They’re selling wallpaper for 90 cents that’s supposed to go for $40. It’s pretty crazy in there and I got a bunch of dresses that go for $60 for $1.97,“ said Samantha Dress, a shopper.

The company wouldn’t comment Tuesday, but said when it filed for bankruptcy that it couldn’t handle the current financial crisis.

“I think that Value City has been a staple in Columbus for a long time. It’s kind of Columbus’ history, so it is really sad to see it go,“ said Dana Mason, an area resident.

Now, shoppers have to find a new department store and employees have to find new jobs.

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http://www.nbc4i.com/cmh/news/local/article/value_city_department_stores_close/11037/

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