McDade & Co. Going Out Of
October 12, 1987 - By
George Papajohn - Chicago Tribune.
McDade & Co. Inc. will shut its six remaining Chicago-area catalogue
showrooms after a Christmas season liquidation sale, ending nearly
30 years of business in the retail industry and eliminating 800
jobs, a lawyer for the company said Sunday.
"`The retail catalogue
industry continues to have its problems, and McDade has insufficient
capital to weather these hard times,"
said Glen R. Bernfield,
attorney for McDade.
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