35 Mervyn’s Stores To Be Sold Or Closed

Dayton Hudson Corp. is selling its Mervyn’s stores in Florida and Georgia and selling or closing 10 Mervyn’s stores in other states.

The Minneapolis-based company said Friday it is negotiating or has entered into agreements to sell Mervyn’s 25 stores in Florida and Georgia.

Dayton Hudson will also sell or close approximately 10 poor-performing Mervyn’s stores throughout the chain.

Spokeswoman Susan Eich said the company would not identify those locations because sale negotiations are under way.

Dillard Department Stores Inc. has agreed to purchase 10 of the 18 Florida stores and J.C. Penney Inc. has agreed to purchase three of seven Georgia locations. The remaining properties are expected to be sold to a variety of other buyers.