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Home > Company Index > Retail > Discount & Variety Retailing > Service Merchandise Company, Inc.

Service Merchandise Company, Inc.
OTC: SVCDQ
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 NEWS FROM THE STANDARD
Shop 'Til You Drop
Jan 04 1999 12:00 AM PST

 PROFILE
Service Merchandise is a diamond seller in the rough. Until a recent revamping, the troubled firm was the nation's #1 catalog-showroom retailer -- a dubious distinction, considering the format peaked in the mid-1980s amid the rise of Wal-Mart Stores and other discounters. Service Merchandise, now operating under Chapter 11 bankruptcy protection, is repositioning itself as a smaller, self-service retailer specializing in jewelry and housewares. It has quit selling such categories as consumer electronics, sporting goods, toys, and indoor furniture. After closing about one-third of its locations, Service Merchandise has about 220 stores in 31 states. Customers can also place orders by mail, phone, or on the Internet.

 COMPETITION
Sears, Roebuck and Co. (S)
Wal-Mart Stores, Inc. (WMT)
Zale Corporation (ZLC)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,550.00
1-Yr. Sales Growth: (30.5)%
Employees: 16,974
Revenue per employee: $91,316.13

 KEY PEOPLE
• Sam Cusano
    CEO
• Michael E. Hogrefe
    CFO

 CONTACT INFO
7100 Service Merchandise Dr.
Brentwood, TN 37072
US
Phone: 615-660-6000
Fax: 615-660-3319
Online: Web Site

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Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


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