Goodys liquidating

"My heart goes out to the employees here and all over," Hardy said.

"Goody's is an institution in this part of the country. I hate to see the fallout of good companies like Goody's which has been a household name in East Tennessee since its beginnings." The firm is working with Goody's vendors and its parent, PGDYS Lending LLC.

“I’m telling them if they can get a job some place else now, go. “Jobs right now, especially retail jobs, are so few and far between.

If they find something, they should jump on it.” Goody’s corporate office cites “pressures from tightening credit markets, strain on merchandise flow and a sizable but isolated number of underperforming stores in the chain” for the closures.

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The Scottsdale, Arizona-based company plans to build a new discount tire store on an out-parcel in front of Hobby…The Oak Ridger was told on Wednesday that employees of the local Goody's store, located in the Oak Ridge Mall, have received no official notification of closure from officials at headquarters or at regional offices. "All we know is what we're reading in the paper." "It obviously is not a good thing for Oak Ridge, because it is popular here," Oak Ridge Chamber of Commerce President Parker Hardy stated late Wednesday afternoon.Hardy said Chamber employees are still having conversations with city officials about the impact the closing will have on the Oak Ridge Mall.It's uncertain what will happen to the company's 9,800 workers after the liquidation -- being handled by a joint venture between Gordon Brothers Retail Partners LLC and Hilco Merchant Resources LLC -- is completed by the end of March.But without a last minute buyer or an investor to purchase high-performing stores, their job outlook is grim.

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