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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.
Andalusia was not one of those underperforming stores, Givens said.
“Andalusia has been very good to Goody’s and Goody’s has been very good for Andalusia,” she said.
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.
Commissioners voted April 2 to rezone Sam Miller’s property in the 100 block of Survey Road from agricultural…"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.The move, which comes less than four months after the privately held retailer emerged from Chapter 11 bankruptcy protection, affects the Knoxville-based chain's 287 stores scattered throughout 20 Midwestern and Southern states, said Cathy Hershcopf, a partner at Cooley Godward Kronish LLP.Included in those 287 stores is the one located in Oak Ridge.