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Arizona’s Atomic Comics chain shuts down [Updated]

Atomic Comics' Chandler, Arizona, location

Atomic Comics, the nationally known Arizona retail chain, abruptly closed all four locations on Sunday, shocking staff, customers and industry figures alike. Although the closing of the stores in Mesa, Phoenix, Chandler and Paradise Valley was initially announced last night by multiple employees and creators, owner Michael Malve confirmed the news this morning in an installment of his weekly newsletter titled “My Final Report.”

“As some of you may have already heard, after 25 years of running a successful business, sadly and much to my dismay, I have shut the doors of Atomic Comics,” Malve wrote. “The villain in this tragedy is the economy. I had hoped to be the superhero and triumph over the recession, but sadly the economic downturn of the past 5 years has proven to be unsustainable.”

In the newsletter, which can be read below, Malve revealed he’s filed for bankruptcy, and that he and his family are losing their home, ” as we had secured it against our leases which we obviously have to break.”

“I know there are many people out there facing very similar situations in these difficult times and now I can definitely empathize with them,” he continued. “I have always been and will forever be an extremely optimistic person and will look at this situation as an adventure. I have very high hopes for the next chapter of my life.”

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