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Updated: 6:24 PM Jul 4, 2008
Dawahares Closing All Stores
Dawahares announced Thursday night it will be closing its 22 remaining stores. Posted: 11:22 PM Jul 3, 2008 |
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63 Comments
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It's an end of an era for Dawahares. The Lexington-based chain announced Thursday night it will be closing its 22 remaining stores.
Dawahares says it's going out of business because it can't raise the money it needs to continue operations. The 101-year-old family-owned company expects to run out of money by October.
Dawahares said it expects the liquidation to begin July 12th. This comes after the company filed for chapter 11 bankruptcy last month-- and closed 7 stores. Now, all its stores, including the four locations in Lexington, will be closing.
Latest Comments
Posted by: Barbara
Location: Breckinrige
on Dec 16, 2008 at 07:19 PM
it is very sad for the people that are employed there and also for the people that enjoyed the home owned business, sadly we will miss them
[ Report Abuse ]
Posted by: Burl
Location: Mullins
on Oct 13, 2008 at 08:16 PM
Arrogance gets you nowhere!
[ Report Abuse ]
Posted by: Holly
Location: Morehead
on Jul 19, 2008 at 05:05 PM
I hate to see Dawahare's closing. It is the best clothing store we have in this town.I feel really sorry for the people losing their jobs,some have worked there since they first opened.The new Super Wal-Mart has really hurt this community in alot of ways,the shopping center they were in is a ghost town now. Food-Lion and Goody's will probaly be the next to go. For all you people who think it's funny they are going out of business,wait till your company leaves.Show some compassion and respect!
[ Report Abuse ]
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