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Tuesday, April 28, 2009

REX Closing All 111 Stores In 34 States

111 Stores To Close

Olean Center Mall losing Rex store

OLEAN - It’s more bad news for the Olean Center Mall, as another store bites the dust.

Rex TV and Appliance is closing within a matter of days.

John Daugherty, internal auditor with the company, said the store will be closed by Thursday at the latest. They are currently advertising a store-wide sale through Saturday.

The Olean store, one of four in the state, isn’t the only one being shut down.

The company, headquartered in Dayton, Ohio, is closing all of its 111 retail stores in 34 states. More....

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