Report: Goody’s to Liquidate

Knoxville, Tenn. Goody’s has decided to liquidate, Women’s Wear Daily reported.

The retailer emerged from bankruptcy on Oct. 20, but was said in early December to have exhausted its cash, credit and restructuring resources, the report said.

Sources said Goody’s was expected to conduct an auction of its inventory as early as Monday afternoon with potential liquidators, according to Women’s Wear Daily.