The Limited may shutter headquarters, close all stores

[retailisking]

Emphasis on "may," of course, but a filing with the State of Ohio makes that possibility official
http://www.retaildive.com/news/report-the-limited-may-shutter-headquarters-close-stores-permanently

[retailisking]

Liquidation is looking almost inevitable now
https://www.bloomberg.com/news/articles/2016-12-20/limited-stores-said-to-prepare-for-bankruptcy-by-hiring-advisers

[TheFugitive]

ex-Service Merchandise CEO Raymond Zimmerman is on their Board of Directors.

Nice to see Ray still has the magic touch!   ;D

[BillyGr]

ex-Service Merchandise CEO Raymond Zimmerman is on their Board of Directors.

Nice to see Ray still has the magic touch!   ;D

Seems like there are a few people like that that companies should run from - like a certain former Ames leader (and at least a couple other companies before and after that wound up in the same fate).

[retailisking]

Yeah, I don't know Joe Ettore kept getting retail CEO gigs despite his dismal track record (Kings, Jamesway, Stuarts, Ames, WiseBuys etc.)

[TheFugitive]

As bad as Joe Ettore's track record was, Peter Hollis was worse.

Ames, Zayre, Fisher Big Wheel, Jamesway.....took them all into Chap. 11 and
eventually out of business.