It's happened again, a mostly mall driven retailer has entered bankruptcy and announced they will close all stores. This time the bankruptcy/ store closings effect the Fargo based Vanity chain of Women's clothing and accessories. They operate 140 stores in 20+ states, all of which will close with going out of business sales coming. All employees of Vanity will be laid off...
The closing will directly effect the Spokane / Coeur d Alene area as Vanity had 3 locations in our area. Those stores we're inside Spokane Valley Mall, Northtown Mall and Silver Lake Mall over in Coeur d' Alene.
Like most of the recent retail store closings the company does say the bankruptcy is largely due to stiff competition from internet retailers.
