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Following a failed takeover bid by Blacks Leisure in 1989, Goldbergs went into receivership and ceased trading in 1990 having suffered losses of £ 10 million.
The flagship Glasgow store on Candleriggs was acquired by entrepreneurs Vera and Gerald Weisfeld in 1994 and reopened as discount clothes store Weisfelds in a similar concept to their previous business What Everyone Wants.
However, this closed in 1999 and the site subsequently fell into dereliction.
The building was partially demolished in 2002 following the collapse of an adjacent tenement due to unstable foundations.
The site was acquired by Selfridges, but plans for the company to build its first Scottish store on the site were shelved in 2007.

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