Hawaiian clothing and souvenir retailer Hilo Hattie filed for bankruptcy protection Thursday, citing "the rapidly deteriorating economy, historic oil price levels, and the weakening of Hawaii's tourist-driven economy." The nine-store chain, which operates as a subsidiary of a parent company, plans to restructure its debt without closing stores or laying off employees.
Hilo Hattie
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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.
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This page contains a single entry by David Wertheimer published on October 3, 2008 6:44 PM.
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