NASHVILLE, Tenn. – Service Merchandise Co. Inc., a 42-year-old retail chain that has operated under Chapter 11 bankruptcy protection since March 1999, announced Friday that it is going out of business ...

Service Merchandise, the one-time catalog showroom retailer that attempted a comeback through a mail order catalog last spring, has been tabled at least until early next year. Due to a lack of ...

Update—In an early afternoon release, Service Merchandise confirmed that it intends to cease operations and liquidate its assets. The company cited “disappointing 2001 results in a post-September 11 ...

Nashville, Tenn.-based Service Merchandise Co. Inc. announced Friday it is closing its doors. The decision will affect the company's 218 stores in 32 states, including its location at 1636 Martin ...

Service Merchandise never would have gone out of business if company officials hadn’t hired Bill Cosby as a pitchman in the late 1980s, the company’s CEO Sam Cusano says. Cosby was still at the height ...