Mervyn's going-out-of-business sales begin

Want to do some early holiday shopping? Mervyn's Holdings LLC's going-out-of-business sales will begin Nov. 1.

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Mervyns' liquidators estimate inventory valued at about $900 million will be sold during the going-out-of-business sales, according to Reuters. Hudson Capital is working with Great American Group LLC, SB Capital Group LLC and Tiger Capital Group LLC to run the sales at Mervyn's remaining 149 locations.

Mervyn's will shut down all stores after the holiday season. - Maria Woehr

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