Upcoming Store Closings

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Sir_Galahad
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Upcoming Store Closings

#1 Post by Sir_Galahad » Fri Nov 14, 2008 12:04 pm

If you have gift cards for these stores, hurry up and use them!! Could be a store near you......

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, Catherine's closing 150 stores nationwide The owner of retailers Lane Bryant , Fashion Bug , Catherine's 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.

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 22underperforming 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 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 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.

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 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 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 TheChildren'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)
ATLANTA - 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 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-partyprovider, 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 Kans as . 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+ 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 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 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 the company's annual shareholder meeting, CEO William Dillard II said the company will close another six underperforming stores this year.

At least Walmart isn't closing any stores yet. ;)
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minimetoo26
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Re: Upcoming Store Closings

#2 Post by minimetoo26 » Fri Nov 14, 2008 12:06 pm

It's all Obama's fault!
Knowing a great deal is not the same as being smart; intelligence is not information alone but also judgment, the manner in which information is collected and used.

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Re: Upcoming Store Closings

#3 Post by sunflower » Fri Nov 14, 2008 12:31 pm

That is really helpful, thank you!!!

I knew Ann Taylor must be in trouble, their clothes have been sucking lately and they have half the inventory they used to have. At least the stores around my house. That makes me sad, it was one of my favorite stores.

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Rexer25
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Re: Upcoming Store Closings

#4 Post by Rexer25 » Fri Nov 14, 2008 12:39 pm

minimetoo26 wrote:It's all Obama's fault!
You can joke all you want to, but I need that $10 more than he does. It's my fault.

I wonder...if you set up a web site like his to take donations, do you actually have to do anything? Or can you just let the donations roll in?
Enough already. It's my fault! Get over it!

That'll be $10, please.

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Re: Upcoming Store Closings

#5 Post by minimetoo26 » Fri Nov 14, 2008 12:42 pm

Rexer25 wrote:
minimetoo26 wrote:It's all Obama's fault!
You can joke all you want to, but I need that $10 more than he does. It's my fault.

I wonder...if you set up a web site like his to take donations, do you actually have to do anything? Or can you just let the donations roll in?

I'll send you all my useless gift cards.... :P

(I know what I'm NOT getting people for Christmas this year!)
Knowing a great deal is not the same as being smart; intelligence is not information alone but also judgment, the manner in which information is collected and used.

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Re: Upcoming Store Closings

#6 Post by littlebeast13 » Fri Nov 14, 2008 12:44 pm

minimetoo26 wrote:
Rexer25 wrote:
minimetoo26 wrote:It's all Obama's fault!
You can joke all you want to, but I need that $10 more than he does. It's my fault.

I wonder...if you set up a web site like his to take donations, do you actually have to do anything? Or can you just let the donations roll in?

I'll send you all my useless gift cards.... :P

(I know what I'm NOT getting people for Christmas this year!)
I wasn't expecting anything anyway..... :P

lb13

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Re: Upcoming Store Closings

#7 Post by minimetoo26 » Fri Nov 14, 2008 12:46 pm

littlebeast13 wrote:
minimetoo26 wrote:
Rexer25 wrote: You can joke all you want to, but I need that $10 more than he does. It's my fault.

I wonder...if you set up a web site like his to take donations, do you actually have to do anything? Or can you just let the donations roll in?

I'll send you all my useless gift cards.... :P

(I know what I'm NOT getting people for Christmas this year!)
I wasn't expecting anything anyway..... :P

lb13

Just a sackful of trouble! :P
Knowing a great deal is not the same as being smart; intelligence is not information alone but also judgment, the manner in which information is collected and used.

-Carl Sagan

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Re: Upcoming Store Closings

#8 Post by Harry Sachs » Fri Nov 14, 2008 12:50 pm

minimetoo26 wrote:
littlebeast13 wrote:
minimetoo26 wrote:
I'll send you all my useless gift cards.... :P

(I know what I'm NOT getting people for Christmas this year!)
I wasn't expecting anything anyway..... :P

lb13

Just a sackful of trouble! :P
Did you say sackful?

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Re: Upcoming Store Closings

#9 Post by Gold Digger » Fri Nov 14, 2008 12:56 pm

Harry Sachs wrote:
minimetoo26 wrote:
littlebeast13 wrote: I wasn't expecting anything anyway..... :P

lb13

Just a sackful of trouble! :P
Did you say sackful?
Did someone say Saks?
Hey, Big Spender!

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Re: Upcoming Store Closings

#10 Post by andrewjackson » Fri Nov 14, 2008 1:24 pm

Thanks for the tip on Eddie Bauer. They are one of the few stores that I can walk into and buy pants. That 36" inseam is hard to find especially with a relatively normal waist-size.

I may go stock up there in the near future.
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Re: Upcoming Store Closings

#11 Post by Bob Juch » Fri Nov 14, 2008 1:39 pm

Gold Digger wrote:
Harry Sachs wrote:
minimetoo26 wrote:
Just a sackful of trouble! :P
Did you say sackful?
Did someone say Saks?
No, Sacks. You want to wear those?
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Re: Upcoming Store Closings

#12 Post by silverscreenselect » Fri Nov 14, 2008 2:54 pm

minimetoo26 wrote:It's all Obama's fault!
It is in good bit the fault of the 2005 Bankruptcy Act (which Obama to his credit voted against, as did Hillary), which made Chapter 11 reorganization tougher for retailers in particular. More cash-strapped retailers are unable now to come up with a successful plan and wind up being liquidated instead. Look for this to happen to Circuit City.
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Re: Upcoming Store Closings

#13 Post by PlacentiaSoccerMom » Fri Nov 14, 2008 9:29 pm

I just got an email from Creative Memories, because I am a consultant.

Their parent organzation is going through Chapter 11.

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Re: Upcoming Store Closings

#14 Post by kayrharris » Sat Nov 15, 2008 4:54 pm

We have both Ann Taylor and Talbots which are relatively new
to our mall. I don't think they do all that much business so I'm wondering if
they'll be gone soon.

Talbots was way overpriced in my opinion.
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Re: Upcoming Store Closings

#15 Post by PlacentiaSoccerMom » Sat Nov 15, 2008 4:57 pm

I really like Ann Taylor Loft stores.

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Re: Upcoming Store Closings

#16 Post by kayrharris » Sat Nov 15, 2008 5:05 pm

Might be because we're a college town, but ours seems to cater to
the "younger" generation. :oops:
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Re: Upcoming Store Closings

#17 Post by PlacentiaSoccerMom » Sat Nov 15, 2008 5:10 pm

I just got a special code to get 30% off at Gap.com.

I thought, great, I can buy more jeans.

Gap's "Classic Boot Cut Jeans" fit me perfectly. (The Regular Boot Cut jeans require a bikini wax to wear.) Anyway, I checked on the site and they no longer carry my size in any of the three colors in the regular length. I suspect that they aren't going to sell them any more because the teens and twenty somethings prefer really low rise jeans.

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Re: Upcoming Store Closings

#18 Post by kayrharris » Sat Nov 15, 2008 5:19 pm

I hate it when something I like is discontinued. I just got a killer pair of
jeans from Coldwater Creek (I was shocked!). They fit perfectly and I didn't have to have
them cut off. I think they were $79, which is not outrageous and I did have a discount
coupon with that order.
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Re: Upcoming Store Closings

#19 Post by Bob Juch » Sat Nov 15, 2008 5:20 pm

PlacentiaSoccerMom wrote:I just got a special code to get 30% off at Gap.com.

I thought, great, I can buy more jeans.

Gap's "Classic Boot Cut Jeans" fit me perfectly. (The Regular Boot Cut jeans require a bikini wax to wear.) Anyway, I checked on the site and they no longer carry my size in any of the three colors in the regular length. I suspect that they aren't going to sell them any more because the teens and twenty somethings prefer really low rise jeans.
Maybe it's just your size. I can't buy from a "normal" size store anymore.
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Re: Upcoming Store Closings

#20 Post by Kazoo65 » Sat Nov 15, 2008 7:57 pm

We have some of those stores in our mall, which is owned by General Growth Properties. The company is rumored to be selling some of their malls because they are going bankrupt.

We have: Gap and Gap Kids, Eddie Bauer, Ann Taylor, Wilsons, Pacific Sunwear, and Foot Locker.

The Talbots' store in Kalamazoo just expanded. My mom LOVES to shop there-every time she goes in, she comes out with a bag. If it closes, she won't like that!
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