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Article: Williamsburg, Va., Retailer Files for Chapter 11.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- March 25, 1999
- Author:
CopyrightCOPYRIGHT 1999 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Knight Ridder/Tribune Business News
Mar. 25 -- WILLIAMSBURG, Va. -- On Christmas Eve, Charles Sydnor sat in the dark in his closed store, Casey's of Williamsburg, and tried to joke with his employees.
Imagine being one of those poor guys who shows up in a hunting outfit and muddy boots, trying to buy the wife a Christmas present at 3 p.m., he said, and they all laughed.
But it wasn't funny. Not really.
Sydnor, general manager and president of the store on Merchants Square, knew he was losing tens of thousands of dollars every hour. With the power off, the store closed and the ice falling the day before Christmas, it was like shutting a ...
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