Friday, October 31, 2008

Bankrupt and Closing Retail Stores


Here is a list of Retail stores closing, is your favorite store here? This is quite scary folks!

Ann Taylor closing 117 stores nationwide.

Eddie Bauer to close more stores after closing 27 stores in the first quarter.

Cache, a women’s retailer is closing 20 to 23 stores this year.

Lane Bryant, Fashion Bug, Catherines closing 150 stores nationwide

Talbots
, J. Jill closing stores. Talbots will close all 78 of its kids and men's stores plus another 22 underperforming stores. The 22 stores will be a mix of Talbots women's and J. Jill.

Gap Inc. closing 85 stores

Foot Locker to close 140 stores

Wickes Furniture
is going out of business and closing all of its stores. The 37-year-old retailer that targets middle-income customers, filed for bankruptcy protection last month.

Levitz - the furniture retailer, announced it was going out of business and closing all 76 of its stores in December. The retailer dates back to 1910.

Zales, Piercing Pagoda plans to close 82 stores by July 31 followed by closing another 23 underperforming stores.

Disney Store owner has the right to close 98 stores.

Home Depot store closings 15 of them amid a slumping US 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.

CompUSA
(CLOSED).

Macy's
- 9 stores closed

Movie Gallery
– 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 as part of bankruptcy.

Pacific Sunwear - 153 Demo stores closing

Pep Boys - 33 stores of auto parts supplier closing

Sprint Nextel - 125 retail locations to close with 4,000 employees following 5,000 layoffs last year.

J. C. Penney, Lowe's and Office Depot are all scaling back

Ethan Allen Interiors: plans to close 12 of 300 stores to cut costs.

Wilsons
the Leather Experts – closing 158 stores

Bombay Company
: to close all 384 U.S.-based Bombay Company stores.

KB Toys closing 356 stores around the United States as part of its bankruptcy reorganization.

Dillard's Inc. will close another six stores this year.
Chili’s restaurants closing across the PacNW region

Bennigan’s / Steak & Ale
Mervyn’s
Steve & Barry’s Fashion
Sprint Nextel closing 125 locations
Sharper Image shutting down 90 to 180 stores
Pep Boys, 33 stores; Ethan Allen, 12 stores and Dillards, six stores
Kirkland's Stores Closing: 30 to 130
Why? Management of the national home-decor chain told analysts it intends to close 30 underperforming stores during the fourth quarter, which ended in January. It is considering closing even more stores (up to 100) in the next 18 months, saying it wants to focus on stores not based in malls.
Rite Aid Stores Closing: 28
Why? The drugstore chain announced in January that it was exiting the Las Vegas, Nev. market because the stores there had not been contributing to overall results. The company hasn't opened a new store in the Las Vegas area since 1999
Pier 1 Imports Stores Closing: 25
Friedman's, which operated 455 jewelry stores, is also closing after filing Chapter 11

14 comments:

  1. And did we really NEED so many businesses selling the SAME type of product??

    I'll buy it here...No wait, I'll cross the street and buy it there...or maybe I'll walk down to the other corner and buy it There!
    hahahaha

    ReplyDelete
  2. Some retail stores just opened too many of their own stores, too close to each other, for any of them to turn a profit. Along with the big chains not looking at the communitiy they serve, they try to sell that area things they don't need or want. So, if retailers got a little fat, it is time to lose some extra weight. I hate to see jobs lost and companies go under but sometimes they just do it to themselves.

    ReplyDelete
  3. This is my first time pay a visit at here and i am truly
    pleassant to read all at alone place.

    my blog - spanisch intensivkurs münchen

    ReplyDelete
  4. Right here is the right web site for anybody who would like to
    understand this topic. You realize so much its almost tough to argue with you (not that I actually
    would want to…HaHa). You definitely put a fresh spin on a subject that
    has been discussed for ages. Excellent stuff, just wonderful!



    my web site kohlenhydratarme Diät

    ReplyDelete
  5. What's up to every one, the contents present at this site are genuinely amazing for people knowledge, well, keep up the nice work fellows.

    Also visit my webpage Wie kann man sich die gesunde und sehr einfache glutenfreie Diät vorstellen
    my site :: Glutenfreie Diät

    ReplyDelete
  6. Fantastic site. Lots of helpful information here. I am sending it to
    some buddies ans additionally sharing in delicious.
    And of course, thanks for your sweat!

    Feel free to visit my webpage - wordpress workshop

    ReplyDelete
  7. Hello there, I believe your site could possibly be having internet browser compatibility problems.
    Whenever I look at your blog in Safari, it looks fine however, when opening in Internet
    Explorer, it has some overlapping issues. I simply wanted to give you a quick
    heads up! Other than that, wonderful blog!

    my page; wordpress grundlagenkurs
    Also see my webpage - wordpress professional themes

    ReplyDelete
  8. Attractive part of content. I just stumbled upon your website and in accession
    capital to claim that I acquire in fact enjoyed account your weblog posts.
    Any way I'll be subscribing in your augment and even I success you access constantly rapidly.

    My website :: paläo ernährung

    ReplyDelete
  9. Greetings! Very helpful advice in this particular post!
    It's the little changes that produce the greatest changes. Thanks for sharing!

    Here is my weblog steinzeit ernährung

    ReplyDelete
  10. I all the time used to study post in news papers but now as I am a user
    of net so from now I am using net for content, thanks to web.


    Feel free to visit my web-site low carb frühstücksrezepte

    ReplyDelete
  11. Hey there, You've done a fantastic job. I will certainly digg it and personally recommend to my friends. I am sure they'll be benefited from this
    site.

    Visit my weblog; wordpress news themes

    ReplyDelete
  12. Inspiring quest there. What happened after? Good luck!

    My site ... wie werde ich bilanzbuchhalter

    ReplyDelete
  13. I visited several web sites however the audio quality for audio
    songs existing at this web page is in fact excellent.

    Here is my webpage :: steinzeit diät rezepte

    ReplyDelete
  14. Buy and sell new and used modern, outdoor, office, bedroom and home furniture.
    Choose from a great selection of gently used furniture for every room in your home.
    More here www.postallads4free.com

    ReplyDelete

Everyone is encouraged to participate with civilized comments.