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Topic: STORE CLOSINGS
no photo
Thu 10/30/08 05:23 PM

STORE CLOSINGS AND LAYOFFS - If you have gift cards, hurry up and use them!! Just passing this along - FYI

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 nationwide The owner of retailers Lane Bryant , Fashion Bug , Catherines Plus Sizes will close about 150 underperforming 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, Talbots announced that it will be shuttering all 78 of its kids and men's stores. Now the company says it will close another 22 underperforming stores. The 22 stores will be a mix of Talbots 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 =2 0 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 c all 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 Furniture 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.

Levitz / BOMBAY - closed already. The furniture retailer 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 1960s, 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 Zales and Piercing Pagoda previously said it plans to close 82 stores by July 31. Today, it announced that it is closing another 23 0A underperforming 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 w ill 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) ATLANTA - Nearly 7+ months after its chief executive said there were no
plans to cut the number of its core retail stores,20The 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 underperforming U.S. stores being closed represent 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 purchased 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 returned to owners.


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 stores

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 125 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

Ethan Allen Interiors: The company announced plans to close 12 of 300+

If you have gift cards for any of these stores, now would be the time to cash them in before they close 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 underperforming Demo stores=2 0closed last May.

Sharper Image (Closed): The company recently filed for bankruptcy protection and announced that 90 of its 184 stores are closing. The retailer will still o perate 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 company 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 Information web site, and click on Press Information

Dillard's to Close More Stores. Dillard's Inc. said it will continue to focus on closing underperforming> stores, reducing expenses and improving its merchandise in 2008. At thecompany's annual sh areholder mee ting, CEO William Dillard II said the company will close another six underperforming stores this year.

cutelildevilsmom's photo
Thu 10/30/08 05:27 PM
I don't know who owns Linen and Things but they just went bankrupt and will not accept gift cards.

no photo
Thu 10/30/08 05:29 PM

I don't know who owns Linen and Things but they just went bankrupt and will not accept gift cards.

That's true. Add that to the list.

MalenaC's photo
Thu 10/30/08 05:44 PM
No one is affecting me.I am doing all my shopping at Victoria's Secret :wink: :wink: :wink: :wink: :wink: :wink: :banana: :banana: :banana: :banana: :banana:

MalenaC's photo
Thu 10/30/08 05:45 PM
But thank's, is always good to know flowerforyou flowerforyou

Giocamo's photo
Thu 10/30/08 05:46 PM

No one is affecting me.I am doing all my shopping at Victoria's Secret :wink: :wink: :wink: :wink: :wink: :wink: :banana: :banana: :banana: :banana: :banana:


gulp !!...blushing

cutelildevilsmom's photo
Thu 10/30/08 05:46 PM
I am a Wal-mart gal.The mall is ridiculously expensive and so are the home improvement stores.Wal-mart always has what I need and if they don't ,there is always Target.

papersmile's photo
Thu 10/30/08 05:46 PM

No one is affecting me.I am doing all my shopping at Victoria's Secret :wink: :wink: :wink: :wink: :wink: :wink: :banana: :banana: :banana: :banana: :banana:



even your grocery shopping?

STARTRAVELER's photo
Thu 10/30/08 05:53 PM

No one is affecting me.I am doing all my shopping at Victoria's Secret :wink: :wink: :wink: :wink: :wink: :wink: :banana: :banana: :banana: :banana: :banana:
well as a trucker we need all those stores ! we build a lot of them. thats how I make my liveing so it matters

MalenaC's photo
Thu 10/30/08 05:53 PM


No one is affecting me.I am doing all my shopping at Victoria's Secret :wink: :wink: :wink: :wink: :wink: :wink: :banana: :banana: :banana: :banana: :banana:



even your grocery shopping?


I go to the farmers for food.Is cheap and more organicthink

MalenaC's photo
Thu 10/30/08 05:55 PM


No one is affecting me.I am doing all my shopping at Victoria's Secret :wink: :wink: :wink: :wink: :wink: :wink: :banana: :banana: :banana: :banana: :banana:
well as a trucker we need all those stores ! we build a lot of them. thats how I make my liveing so it matters
laugh laugh laugh laugh laugh laugh laugh laugh laugh laugh laugh laugh
Don't you worry about it .Something else is coming up .Are many people with lot,lot of money out theredrinker drinker drinker

cutelildevilsmom's photo
Thu 10/30/08 05:55 PM
well until they can grow a poptart or mac n cheese,I'm in the grocery store.

cutelildevilsmom's photo
Thu 10/30/08 05:56 PM


No one is affecting me.I am doing all my shopping at Victoria's Secret :wink: :wink: :wink: :wink: :wink: :wink: :banana: :banana: :banana: :banana: :banana:
well as a trucker we need all those stores ! we build a lot of them. thats how I make my liveing so it matters

yeah,I feel for the truckers.the fuel prices bit them in the ass and now this.

STARTRAVELER's photo
Thu 10/30/08 05:59 PM



No one is affecting me.I am doing all my shopping at Victoria's Secret :wink: :wink: :wink: :wink: :wink: :wink: :banana: :banana: :banana: :banana: :banana:
well as a trucker we need all those stores ! we build a lot of them. thats how I make my liveing so it matters
laugh laugh laugh laugh laugh laugh laugh laugh laugh laugh laugh laugh
Don't you worry about it .Something else is coming up .Are many people with lot,lot of money out theredrinker drinker drinker
Well get them to spend it then I build half of those stores listed are they gonna get better before I lose my house ? combine the closeings with the out rageous fuel and new regs being forced on us it's insane frustrated frustrated frustrated frustrated

STARTRAVELER's photo
Thu 10/30/08 06:00 PM
flowers



No one is affecting me.I am doing all my shopping at Victoria's Secret :wink: :wink: :wink: :wink: :wink: :wink: :banana: :banana: :banana: :banana: :banana:
well as a trucker we need all those stores ! we build a lot of them. thats how I make my liveing so it matters

yeah,I feel for the truckers.the fuel prices bit them in the ass and now this.
Thank You flowers

Drivinmenutz's photo
Thu 10/30/08 06:03 PM

I am a Wal-mart gal.The mall is ridiculously expensive and so are the home improvement stores.Wal-mart always has what I need and if they don't ,there is always Target.


Careful, thereis supposedly another shipment of bad products coming from China...

Moondark's photo
Thu 10/30/08 06:09 PM
I understand the point of view of truckers. But I also don't use those shops. I DO like home depot, but there seem to be mostly Lowels and some other home improvement store around here.

But in reality, I think personal spending is going to start to get to where it really should have always been.

I think we had a FALSE impression of prosperity based on credit card usage. Spending money we hadn't earned yet. The futures markets had investors betting on products not yet produced, and therefore we thought money existed that had not yet been realized.

Gee, what an interesting parallel.


Drivinmenutz's photo
Thu 10/30/08 06:19 PM

I understand the point of view of truckers. But I also don't use those shops. I DO like home depot, but there seem to be mostly Lowels and some other home improvement store around here.

But in reality, I think personal spending is going to start to get to where it really should have always been.

I think we had a FALSE impression of prosperity based on credit card usage. Spending money we hadn't earned yet. The futures markets had investors betting on products not yet produced, and therefore we thought money existed that had not yet been realized.

Gee, what an interesting parallel.




The world system is in fact debt based. Meaning, if people stop borrowing money there will be a depression. Kinda scary huh? Wanna know what's even scarier? It is a mathmatic certainty that one day the world's whole monetary system will crash... End Result being? The banks own everything, we own nothing....

cutelildevilsmom's photo
Thu 10/30/08 06:23 PM


I am a Wal-mart gal.The mall is ridiculously expensive and so are the home improvement stores.Wal-mart always has what I need and if they don't ,there is always Target.


Careful, thereis supposedly another shipment of bad products coming from China...

thanx I will.

cutelildevilsmom's photo
Thu 10/30/08 06:24 PM

flowers



No one is affecting me.I am doing all my shopping at Victoria's Secret :wink: :wink: :wink: :wink: :wink: :wink: :banana: :banana: :banana: :banana: :banana:
well as a trucker we need all those stores ! we build a lot of them. thats how I make my liveing so it matters

yeah,I feel for the truckers.the fuel prices bit them in the ass and now this.
Thank You flowers


your welcome

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