GLG News Analyses of the following article:

RETAILER MERVYN'S CLOSE TO CHAP. 11

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Published at: www.nypost.com

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Can Mervyns Survive?

July 29, 2008

On the one hand, a Mervyns' bankruptcy could be just another closure of a region department store chain typical of 30 years of store consolidation in the US. On the other, it could be an opportunity to revive a regional name in a market that is quickly rejecting 'cookie cutter' retailing that offers poor service, merchandise sameness, and mediocre quality.

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