Worst Corporate Press Release Of The Day: Harold's

For the management that drove its company into Chapter 11, there is always the option of telling as many people as possible:

Harold’s, an 18-state chain of traditional, classic styled ladies and men’s specialty apparel stores for customers between the ages of 30 and 50, announced today that it is closing its doors for good. Yesterday, an Oklahoma bankruptcy court approved plans for the 60-year-old retail chain to begin a store-wide Going-Out-of-Business sale. One store will close in Mississippi.

"We’d like to thank our loyal customers for their many years of patronage by offering incredible values on the merchandise in the store. As always, our knowledgeable Associates will provide our customers with the same high level of service," stated Ronald S. Staffieri, Chief Executive Officer of Harold’s Stores, Inc.

Will the last "Associate" please shut our the lights when he leaves?

Douglas A. McIntyre