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After 83 years and one month after filing for Chapter 11, Mark Shale is closing all three stores. Clothing and fixtures have been marked down starting at 20% and topping out at 50%. This is great for consumers looking to build their wardrobe right now because the liquidation sale includes all fall and winter 2012 stock that hasn't even hit the racks yet. According to a Mark Shale rep, one large fall shipment came in last week, more is arriving this week and even more fall and winter merchandise is expected next week. The Racked 38 member closes all three stores forever on December 31.
· All Mark Shale Coverage [Racked]
· Mark Shale [Official Site]
· Mark Shale Files for Chapter 11, Liquidation Possible [Tribune]
· Mark Shale to Close All Locations [Crain's]