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Joyce Leslie Schedules Auction of Store Leases

Submitted by jhartgen@abi.org on

Bankrupt retailer Joyce Leslie Inc. will hold an auction for its store leases on Feb. 16, NorthJersey.com reported yesterday. The company has a stalking-horse bid from 618 Main Street Corp., which sells clothes under the Mad Rags/10spot name, for a number of the store leases. Joyce Leslie also is seeking bids for the lease on its corporate offices and distribution center, and for the rights to its name and intellectual property. The company is holding liquidation sales at its 42 stores in New Jersey and three other states.