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Store Closings - now and later - Merry Christmas?

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Bobbieo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-19-08 09:25 PM
Original message
Store Closings - now and later - Merry Christmas?
This was passed on to me so I don't have a link -

Hi Everyone:
>
> This is something to think about as you shop for the holidays as the things you
> purchase may not be returnable if the stores close right after the holidays
> and/or merchandise may be limited and you might not be able to exchange for
> something you really want.
>
> Be cautious in your shopping.
>>
>Be careful who you buy gift certificates from this holiday season:
>
> Ann Taylor closing 117 stores nationwide. A company spokeswoman
> said the company hasn't revealed which stores will be shuttered. It will let the
> stores that will close this fiscal year know over the next month
>
> Eddie Bauer to close more stores. Eddie Bauer has already closed 27
> shops in the first quarter and plans to close up to two more outlet stores by
> the end of the year.
>
>Cache closing stores. Women's retailer Cache announced that it is
> closing 20 to 23 stores this year.
>
> Lane Bryant, Fashion Bug, Catherines closing 150 stores nation wide.
> The owner of retailers Lane Bryant , Fashion Bug , Catherine's Plus Sizes will
> close about 150 under performing stores this year. The company hasn't provided a
> list of specific store closures and can't say when it will offer that info,
> spokeswoman Brooke Perry said today.
>
> Talbots, J. Jill closing stores. About a month ago, Talbot's
> announced that it will be shuttering all 78 of its kids and men's stores. Now
> the c ompany says it will close another 22 under performing stores.. The 22
> stores will be a mix of Talbot's women's and J. Jill , another chain it owns.
> The closures will occur this fiscal year, according to a company press release.
>
> Gap Inc. Closing 85 stores. In addition to its namesake chain, Gap
> also owns Old Navy and Banana Republic . The company said the closures - all
> planned for fiscal 2008 - will be weighted toward the Gap brand.
>
> Foot Locker to close 140 stores. In the company press release and
> during its conference call with analysts today, it did not specify where the
> future store closures - all planned in fiscal 2008 - will be. The company could
> not be immediately reached for comment
>
> Wickes is going out of business. ;Wickes Furnitu re is going out of
> business and closing all of its stores, Wickes, a 37-year-old retailer that
> targets middle-income customers, filed for bankruptcy protection last month.
>
> Goodbye Levitz / BOMBAY - closed already. The furniture retailer,
> which is going out of business. Levitz first announced it was going out of
> business and closing all 76 of its stores in December. The retailer dates back
> to 1910 when Richard Levitz opened his first furniture store in Lebanon , PA. In
> the 1960's, the warehouse/showroom concept brought Levitz to the forefront of
> the furniture industry. The local Levitz closures will follow the shutdown of
> Bombay ..
>
> Zales, Piercing Pagoda closing stores. The owner of Zale s and
> Piercing Pagoda previously said it plans to close 82 stores by July 31. Today,
> it anno unced that it is closing another 23 under performing stores. The company
> said it's not providing a list of specific store closures. Of the 105 locations
> planned for closure, 50 are kiosks and 55 are stores.
>
> Disney Store owner has the right to close 98 stores. The Walt
> Disney Company announced it acquired about 220 Disney Stores from subsidiaries
> of The Children's Place Retail Stores. The exact number of stores acquired will
> depend on negotiations with landlords. Those subsidiaries of Children's Place
> filed for bankruptcy protection in late March. Walt Disney, in the news release,
> said it has also obtained the right to close about 98 Disney Stores in the U.S.
> The press release didn't list those stores.
>
> Home Depot store closings. (E. Brunswick, Rt 18 just put up their
> closing sign) ATLA NTA - Nearly 7+ months after its chief executive said there
> were no plans to cut the number of its core retail stores, The Home Depot Inc.
> Announced Thursday that it is shuttering 15 of them amid a slumping U.S. Economy
> and housing market. The move will affect 1,300 employees. It is the first time
> the world's largest home improvement store chain has ever closed a flagship
> store for performance reasons. Its shares rose almost 5 percent. The
> Atlanta-based company said the under performing U.S. Stores being closed
> represents less than 1 percent of its existing stores. They will be shuttered
> within the next two months.
>
> CompUSA (CLOSED) clarifies details on store closings. Any extended
> warranties purchased for products through CompUSA will be honored by a
> third-party provider, Assurant Solutions. Gift cards, rain checks, and rebates
> purc hased prior to December 12 can be redeemed at any time during the final
> sale. For those who have a gadget currently in for service with CompUSA, the
> repair will be completed and the gadget will be ret urned to
> owners.http://www.news.com/8301-10784_3-9834177-7html
> <http://www.news.com/8301-10784_3-9834177-7.HTML
>
> Macy's - 9 stores
>
> Movie Gallery - 160 stores as part of reorganization plan to exit
> bankruptcy. The video rental company plans to close 400 of 3,500 Movie Gallery
> and Hollywood Video stores in addition to the 520 locations the video rental
> chain closed last fall.
>
> Pacific Sunwear - 153 Demo st ores
>
> 0A
> Pep Boys - 33 stores
>
> Sprint Nextel - 125 retail locations. New Sprint Nextel CEO Dan
> Hesse appears to have inherited a company bleeding subscribers by the thousands,
> and will now officially be dropping the ax on 4,000 employees and 1 25 retail
> locations. Amid the loss of 639,000 postpaid customers in the fourth quarter,
> Sprint will be cutting a total of 6.7% of its work force (following the 5,000
> layoffs last year) and 8% of company-owned brick-and-mortar stores, while
> remaining mute on other rumors that it will consolidate its headquarters in
> Kansas . Sprint Nextel shares are down $2.89, or nearly 25%, at the time of this
> writing.
>
> J. C. Penney, Lowe's and Office Depot are scaling back
&g t;
> Ethan Allen Interiors: The company announced plans to close
> 12 of 300+ stores in an effort to cut costs.
>
> Wilsons the Leather Experts - 158 stores
>
> Pacific Sunwear will close its 154 Demo stores after a review of
> strategic alternatives for the urban-apparel brand. Seventy-four under
> performing Demo stores closed last May.
>
> Sharper Image: The company recently filed for bankruptcy protection
> and announced that 90 of its 184 stores are closing. The retailer will still
> operate 94 stores to pay off debts, but 90 of these stores have performed poorly
> and also may close.
>
> Bombay Company: (Freehold Mall store closed) The comp any unveiled
> plans to close all 384 U.S.-based Bombay Company stores. The company's online
> storefront has discontinued operations.
>
> KB Toys posted a list of 356 stores that it is closing around the
> United States as part of its bankruptcy reorganization. To see the list of store
> closings, go to the KB Toys Information20web site, and click on Press
> Information
>
> Dillard's to Close More Stores. Dillard's Inc. said it will
> continue to focus on closing under performing stores, reducing expenses and
> improving its merchandise in 2008. At the company's annual shareholder meeting,
> CEO William Dillard II said the company will close another six under performing
> stores this year.











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Sweet Freedom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-19-08 09:31 PM
Response to Original message
1. Some true, some not
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itsrobert Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-19-08 09:33 PM
Response to Original message
2. Sorry, but Levitz and Wickes have gone out of business
and reopened again and again. Closing stores and opening stores is nothing new to them.
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Lena inRI Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-19-08 09:34 PM
Response to Original message
3. Here's the link ya need. . .snopes.com
http://www.snopes.com/politics/business/storeclosings.asp

D O W N W A R D S P I R A L



No doubt about it. . . yikes!

:yoiks: :yoiks: :yoiks: :yoiks: :yoiks:
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samplegirl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-19-08 10:09 PM
Response to Original message
4. George Bush ruined this country
pretty tough to find a job.
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8 track mind Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-20-08 12:22 AM
Response to Original message
5. damn
i can't wait for that stupid mother fucker to get out of office
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