Tool supplier Western Tool filed for Chapter 11 bankruptcy last week to deal with a cash crunch. The company, which had as many as 61 stores across 13 states, is down to just over half that number. Western Tool plans on using the bankruptcy filing to "stabilize operations" and continue in business.
Western Tool bankrupt
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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 June 18, 2009 5:16 PM.
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