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STORE CLOSINGS - info for Christmas reference

 


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JerseyGirl
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Joined: 26 Feb 2007
Location: wherever I take my laptop

PostPosted: Tue Nov 18, 2008 12:54 pm    Post subject: Reply with quote

This may help understand what is closing and what isn't:

Retail down-sizing
Published on Wednesday, November 12, 2008

In the face of the economic downturn, retail chains over the past 12 months have been closing stores to cut costs. Here is rundown of what major retailers have done:

• Ann Taylor — Is closing 117 of its 959 women’s clothing stores. By year’s end the company will have closed 25 Ann Taylor and 39 Loft stores with the remainder to be closed in 2009.

• Bennigan’s Grill and Tavern — All 200 company-owned restaurants were closed as part of a Chapter 7 bankruptcy liquidation filing in July.

• Bombay Company — Closed all 388 stores in January as part of bankruptcy and liquidation.

• Caché — Women’s specialty retailer closed 14 stores but is also opening stores and currently has 295 across the country.

• Charming Shoppes Inc. — Operator of plus-size womens apparel stores, the company has closed 150 of approximately 2,360 stores. Bryant stores; Fashion Bug ; and Catherines Plus Sizes store.

• Circuit City — Announced Nov. 3 it will close 155 of its 721 stores by the end of the year.

• CompUSA — Liquidated all 103 of its stores in January.

• CostPlus World Market — Trimmed its count of stores by about 6 percent closing 18 of 314 locations.

• Dillard’s — The Arkansas-based department store closed three underperforming stores and now has 330 stores.

• Disney Store — Closed 98 of its 322 North American stores after being reacquired in March by the Disney Co.

• Ethan Allen — Closed 12 retail design centers and two service centers.

• Foot Locker — Closed 140 stores out of more than 3,500 in North America.

• Friedman’s/Crescent Jewelers — Liquidated and closed 377 of 565 of its stores as of the end of July.

• Gap — Is closing 85 of its 2,677 stores but is also repositioning and opening others. Most of the stores being closed are branded Gap stores.

• Hollywood Video — The nation’s second largest video rental retailer closed 542 stores, plus another 378 operated under the name Movie Gallery under Chapter 11 bankruptcy reorganization, which ended in May.

• Home Depot — Is closing 15 under-performing stores. The company has 2,141 stores.

• KB Toys — A Massachusetts-based toy retailer with stores located in malls, closed 156, about 26 percent of its stores a year ago after emerging from Chapter 11 bankruptcy protection.

• Kirkland’s Home — A home decor retailer is closing 130 stores, about 37 percent of its store count, by the middle of next year.

• Linens ‘N Things — Is liquidating and closing all 370 of its stores.

• Macy’s — Closed 11 department stores this year.

• Mervyns — The clothing retailer will liquidate and close its 149 remaining stores after the holidays.

• Mikasa — Dinnerware and home decor retailer in January closed all 86 of its outlet storesl.

• Pacific Sunwear — Closed all 228 stores that were branded as Demo stores featuring “urban-style” clothes.

• Pep Boys — Closed 31 locations, about 5 percent of its auto supply and repair stores.

• Rent-A-Center — Closed 280 stores, about 8 percent of its total stores.

• Sharper Image — Closed all 184 stores as part of a bankruptcy liquidation.

• Shoe Pavilion — Is liquidating and will have all stores closed by the end of the year. It had 117 stores when it filed for Chapter 11 reorganization

• Sigrid Olsen — All 54 of the stores, which were operated by Liz Claiborne, were closed.

• Sprint — Closed 125 stores, about 8 percent of its total.

• Starbucks — Is closing 600 underperforming stores, 19 percent of its total.

• Talbots — Closed 22 stores, 2 percent of its total.

• Trans World Entertainment — Closed 100 stores, about 12 percent of its total store count. The stores, which had operated under a variety of different names including Sam Goody, Suncoast Motion Picture Company and Wherehouse Music, were united under one brand name f.y.e. (For Your Entertainment).

• Whitehall Jewelers — Is in the final stages of liquidating and closing all 373 of its specialty jewelry stores.

• Wilsons Leather — Closed 160 stores, 62 percent of its total, and converting the remaining stores into a new women’s accessories concept.

• Zales Corp. — Closed 105 stores, 3 percent of its total.

Source
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freebieprincess
Site Moderator


Joined: 06 May 2008
Location: San Diego, California

PostPosted: Mon Nov 17, 2008 9:21 pm    Post subject: Reply with quote

It is rather depressing to see such a long list Crying or Very sad

Mervyns is closing too (they are big on west coast)
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JerseyGirl
Site Admin


Joined: 26 Feb 2007
Location: wherever I take my laptop

PostPosted: Mon Nov 17, 2008 11:56 am    Post subject: Reply with quote

Thanks. I got the same email this morning. Are you my sister? Razz
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happyc
Good Deal


Joined: 05 Nov 2008

PostPosted: Mon Nov 17, 2008 11:14 am    Post subject: STORE CLOSINGS - info for Christmas reference Reply with quote

Just received this email - not sure of total accuracy, but wanted to pass on:

Watch those store money cards and gift cards.. and credit slips! Stores
that informed the Security Exchange of closing plans between October
2008 and January 2009.

Circuit City stores... most recent (? how many)

Ann Taylor- 117 stores nationwide are to be shuttered

Lane Bryant,, Fashion Bug ,and Catherine's to close 150 store nationwide

Eddie Bauer to close stores 27 stores and more after January

Cache will close all stores

Talbots closing down all stores

J. Jill closing all stores

GAP closing 85 stores

Footlocker closing 140 stores more to close after January

Wickes Furniture closing down

Levitz closing down remaining stores

Bombay closing remaining stores

Zales closing down 82 stores and 105 after January.

Whitehall closing all stores

Piercing Pagoda closing all stores

Disney closing 98 stores and will close more after January.

Home Depot closing 15 stores 1 in NJ ( New Brunswick )

Macys to close 9 stores after January

Linens and Things closing all stores

Movie Gallery Closing all stores

Pacific Sunware closing stores

Pep Boys Closing 33 stores

Sprint/ Nextel closing 133 stores

JC Penney closing a number of stores after January

Ethan Allen closing down 12 stores.

Wilson Leather closing down all stores

Sharper Image closing down all stores

K B Toys closing 356 stores

LOWES to close down some stores

Dillard's to close some stores.
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