Mervyns, a regional retailer in California and the Southwest, today announced it has eliminated a significant number of jobs, including many unfilled positions. This action, along with a decision to close 26 stores in August, is a critical component of the company's restructuring plan. Most of the associates affected today are at the Mervyns Hayward headquarters.
"Morgan Hill is not one (of the stores closing)," said spokesman Roy Berces.
The affected positions were across all headquarters areas, including finance, human resources, information technology, marketing, merchandising and store operations. Additionally, the restructuring had an impact on several field positions in stores and in Mervyns' distribution centers in Fremont and Ontario.
"Decisions to reduce headcount are never easy," said John Goodman, chief executive offier of Mervyns. "This was as difficult as our announcement to close 26 stores in August. But we are confident that further cost reduction will put Mervyns in a better position to return to profitability. This is no reflection on the contributions, dedication and hard work of everyone affected today," Goodman added.
Mervyns is a department store offering fashions and home decor for the entire family. Mervyns currently operates 175 locations in seven states. For more information, go to www.mervyns.com.
POST A COMMENT
If you are under 13 years of age you may read this message board, but you may not participate.
Here are the full legal terms you agree to by using this comment form.
Care for some worm soup?
