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Matress Firm 106 Percival Road Suite 100: October 2018   no comments

Posted at 11:59 pm in closing

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That was pretty quick work. The pictures of the store in operation were taken on 9 October 2018, and by 16 October, the signage is down and the store is empty save for a few mattresses stacked against the front wall -- No closing sale, no bargains, just gone.

This is the second vacancy in the still fairly new Jackson Square (which replaced, most recently, Liquids Gentlemen's Club). Earlier in the year, the adjacent Tijuana Flats closed, and has yet to be replaced.

Written by ted on October 16th, 2018

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Spring Valley Liquor Store & Party Shop, 8712 Two Notch Road   1 comment

Posted at 12:10 am in closing

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I kind of like the folklore quality of identifying liquor stores with red dots. I think it was more a legal thing, at least at one time, than were the barber pole, the pawnbroker's trio of balls and the medical cross & caduceus, but it falls in that category nonetheless. Anyway, this store, not far from the antique mall, is listed in the 2018 phonebook, so it either closed this year, or after listings closed last year.

Written by ted on October 12th, 2018

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Mattress Firm, 131 Harbison Boulevard Suite A: Fall 2018   15 comments

Posted at 11:36 pm in closing

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Apart from all the conspiracy theories, apparently the ubiquitious Mattress Firm just thought that Nothing succeeds like excess. It's not always a terrible business model. For instance, if you see two Circle K stores located across from each other, the thought is that This is a busy intersection, and *somebody* is going to put a gas station across from us to catch cars going the other way -- it might as well be *us*.

It can be more problematic for something like mattresses, which aren't a convenience purchase, or as the Houston Chronicle puts it:

Why store-on-every-corner strategy didn’t work for Mattress Firm:

Mattress Firm, as it gobbled up rivals and tripled its store count to more than 3,300 locations, seemed to have a storefront on every block — sometimes two storefronts. In its quest to become the biggest player in the $15 billion U.S. bedding industry, it pursued a strategy of clustering shops close together with the aim of crowding out competition.

It didn’t work.

The Houston retailer said as much when it filed for bankruptcy Friday, acknowledging that it operates too many stores and plans to shutter as many as 700 locations as it tries to get out from under $3.2 billion in debt through its Chapter 11 filing, which allows companies to restructure operations and finances while protecting them from creditors.

“I think they’re humbled,” said Seth Basham, an analyst with Los Angeles-based Wedbush Securities. “They grew far too fast with ambitions to be a national retailer.”

The Wall Street Journal has some more details including that the crisis is a world wide one in some sense:

The bankruptcy marks a rapid fall for the once high-flying bedding retailer and Steinhoff, the South Africa-based retail conglomerate that has been called “Africa’s IKEA.” Steinhoff, whose purchase of Mattress Firm marked its entry into the U.S. market, has been caught up in an accounting scandal that erupted in December. Its creditors, who hold billions of dollars of the company’s bonds, agreed to suspend all payments on its debt for three years. Steinhoff is expected to launch a debt restructuring for its European business in the U.K. later this month.

Commenter Andrew supplies a link that lists the South Carolina stores affected (so far). For the record, they are:

7381 Rivers Ave., Ste 102 Charleston SC
131 Harbison Blvd., Ste 100 Columbia SC
6208A Garners Ferry Road Columbia SC
106 Percival Road, Ste 100 Columbia SC
5075 Sunset Blvd Lexington SC
2391 Dave Lyle Blvd, Suite 106 Rock Hill SC

This particular store is next to Jimmy Johns, more or less near the top of the Harbison hill going towards Saint Andrews Road. As of yet, they have not posted any closing signage.

(Hat tip to commenter Andrew)

Written by ted on October 10th, 2018

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Jim Hudson Hyundai, 310 Greystone Boulevard: June 2018   3 comments

Posted at 11:58 pm in closing

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Commenter James R notes the sale of Jim Hudson Hyundai on Greystone to Peacock Hyundai as of June.

This is just down from the old Stivers location, but unlike that closing, will not be taking a new car dealership off Greystone, which, I think, used to have quite a few more than it does now.

I do find it a little interesting in that Peacock is a bit of an unusual name for a dealership, which tend to have a human name (usually a man's) associated with the brand.

(Hat tip to commenter James R)

Written by ted on October 8th, 2018

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Vacumart, 945 Lake Murray Boulevard Suite D: August 2018   no comments

Posted at 10:20 pm in closing

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I have been to this strip fairly often for either Moe's or Bruegger's, and I do recall seeing Vacumart here, though I had no reason to visit that store. Commenter Tom mentions that the owner retired early as it was just getting too hard for a local store to compete with Amazon.

I can see that, but about all I can say about vacuum cleaners is If you have an Electrolux, you can pass it down to your children. If you have children..

(Hat tip to commenter Tom)

Written by ted on October 3rd, 2018

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Reznables Boutique, 1581 Broad River Road: 2014 (moved?)   no comments

Posted at 12:30 am in closing

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I noticed this empty storefront in Boozer Shopping Center the other day. I know they were licensed for business here in 2014 but don't see any other information about this shop.

However, they were either a branch of a Greenville operation, or moved to Greenville, and you can see their colorful clothes here, here and here.

Chocolate Monkey, 5341 Sunset Boulevard Suite C: 29 July 2018   no comments

Posted at 11:37 pm in closing

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Although I did not know it, Chocolate Monkey is a small family owned chain of candy shops. As their Facebook explains, the owners have moved to Tennessee to run the stores there, and keeping up with the lone South Carolina store from there was just a bridge too far.

That's a good looking strawberry!

(Hat tip to commenter James R)

Written by ted on August 28th, 2018

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Goodwill Industries, 754 West Main Street (Lexington): 22 August 2018 (moved)   no comments

Posted at 12:47 am in closing

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This Lexington Goodwill location, by K-Mart has moved down the street from 754 West Main to 1307 West Main. The State has the story, and a picture of the new store.

I don't go to Goodwill often becuause I really don't need more stuff and don't have to hunt through records and books anymore with the Internet, but you never know what you'll find. I got both of my nieces bikes from one of the Myrtle Beach locations.

(Hat tip to commenter James R)

Written by ted on August 25th, 2018

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House of Fabrics, 1312 Main Street: June 2017 (moved)   3 comments

Posted at 11:21 pm in closing

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I noticed this vacant storefront as I was walking Main Street the other day. Judging by the signs, this is an old building that is way overdue for a big overhaul, and got past the point of everyday maintenance. I would be interested in what is upstairs, and what shape it is in. As you can see from the sign, the tenant, House of Fabrics has relocated to 652 Bush River Road.

Written by ted on August 21st, 2018

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Shoe Dept., 5570 Sunset Boulevard Suite F: May 2018   no comments

Posted at 11:13 pm in closing

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Looking at the company website, it appears that Shoe Dept. is the correct name for this store front with no The and no full spelling of Department. It also appears to be a brand of Shoe Show, Inc. which also operates stores under that name and as Burlington Shoes.

Commenter ED suggests that the adjacent Dollar Tree will be expanding into this space, and indeed this may already has happened, as I have not looked back in there since May.

Shoe Dept. appears to still have a store in the Lexington area at 1792 South Lake Drive.

(Hat tip to commenter James R)

Written by ted on August 20th, 2018

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