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The Wiz To Disappear

27 Mar, 2003 By: Hive News

The U.S. Bankruptcy Court has approved TW, Inc.'s plant to liquidate and shutter the final 17 stores of specialty retailer The Wiz.

TW Inc. filed for bankruptcy and announced its plan to close the stores March 14.

"The entire inventory at these 17 stores must be liquidated before we shut the doors of The Wiz for good, including our entire inventory of televisions, DVD players, computers, camcorders, and home audio and more," said chief restructuring officer Stephen Gray, "All of The Wiz's inventory is being offered at substantial discounts."

The 17 cloures are in New York, New Jersey and Connecticut.

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