Monday, April 5, 2010

SWOOZIE'S IS GOING OUT OF BUSINESS

A retailer that sells invitations with custom printing, housewares and party goods is going out of business after filing for Chapter 11 bankruptcy protection in early March.

Swoozie’s, founded in 1999, has 43 stores, including a location at Plaza El Segundo, its only California location. It also sells products online.

The going-out-of-business sales began Tuesday at all 43 locations across the country. Discounts of up to 30 percent are offered on items such as stationery, greeting cards, invitations, gift wrap, Easter decor, gift ware, tabletop items, handbags and jewelry, according to Hilco Merchant Resources, which is handling the liquidation sale.

Internet users are now printing their own invitations, stationery and greeting cards now. This has put many printing companies out of business.

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