http://consumerist.com/2008/07/10/steve-barrys-the-super/

Steve & Barry’s, the super cheap clothing store that’s like H&M with all the Euro-DNA removed, has filed for Chapter 11 bankruptcy. Analysts say it has to do with declining credit markets throwing it into a liquidity crisis, higher commodities and fuel prices, and oh yeah, razor-thin margins on those $9 sneakers. [Marketwatch]