Wednesday, November 26, 2008

RETAIL Companies that will probably go Bankrupt in 2009. DO YOU SHOP HERE?

Here is a list of companies which may well not make it if their sales drop by double digits this holiday season compared to last:

1. Bon-Ton Store
2. Dillard's
3. Talbots
4. Pier 1's
5. Cost Plus
6. Williams-Sonoma
7. Chico's
8. Fitch
9. Eddie Bauer's
10.Rite Aid
Circuit City filed Chapter 11
Ann Taylor 117 stores nationwide closing
Lane Bryant, Fashion Bug ,and Catherine's to close 150 stores nationwide
Eddie Bauer to close stores 27 stores and more after January
Cache will close all stores
Talbots closing down specialty stores
J. Jill closing all stores (owned by Talbots)
Pacific Sunwear closing all stores (also owned by Talbots)
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 Galley closing all 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
Merry Christmas

20 comments:

  1. Don't buy presents this year. Buy food and water for the coming collapse folks.

    Wake up!!!

    ReplyDelete
  2. Good riddance. Mostly, these are retailers charging too much for things we don't need. They survive on high margins while selling over-priced brands as if those brands offer greater value.

    When consumers with lower incomes/savings are suddenly forced to think about their purchases, they make more intelligent decisions.

    ReplyDelete
  3. Yes, but these stores employ tens of thousands of workers who will lose their jobs, their medical coverage and possibly their houses.
    Have a little compassion for the employees!

    ReplyDelete
  4. While I don't wish to see anyone lose there job, maybe NOW people will stop living ABOVE their means. Perhaps having lots of credit card debt, two car payments, and a new flat-screen isn't all its cracked up to be. Another thought...why is it normal for people to pay for car insurance every month but it's the employers' responsibility to provide health insuarance? Personal responsibility folks!!!

    ReplyDelete
  5. Have you ever compared car insurance premiums to health insurance? Personal responsibility also includes working, and in most cases for corporations. Many people working at the above corporations are responsible, but will suffer from this collapse. It's not just people living above thier means that provide for a stable economy, stop thinking in hyperbole. This cut-back in "discretionary" spending is abnormal, and is spurred by companies such as the ones listed, not being able to sustain profits. You may hate corporations for charging excessive mark ups on thier products, but you just also got a life lesson on the importance of corporations in sustaining even a normal lifestyle.

    ReplyDelete
  6. This is very, very frightning. Me and my girlfriend have shopped at pretty much all
    these stores. Our local mall is now just a
    collection of cheap dollar stores. The
    bottom line seems to me is that there are
    too many people and not enough jobs.I have
    this terrible fear that the worlds govt's
    are going to thin the population in some
    ghastly way. Maybe introduce some kind of
    engineered virus or something.It just seems
    that things are ramping up to something
    like this

    ReplyDelete
  7. pac sun is not closing and is not owned by talbotts. they are closing the demo stores only. the company is still profitable.

    j. jill is also not closing, and niether is talbots.

    ReplyDelete
  8. I think this is going to be a return to what really matters most in life. I know our economy is driven by retail spending, but I think this will force companies to produce higher quality at prices that are more reasonable. We got carried away with spending and getting into debt to keep up with the joneses that we lost touch with what is important in life...which is time spent with friends and family. I think there needs to be way more oversight on companies and how they are run. I worked in the mortgage industry in 04-05 and I saw the shady things going on...I quit because I knew it was going to blow up in everyone's face. We were making money off of a false value of something. everyone was scamming eachother and just being greedy as hell...I don't think the government should bail anyone out. You made you bed..sleep in it.

    ReplyDelete
  9. All the old people need to die, and deport all the latinos! Yes there are too many people in the world. The Credit agencies gave people to much credit. For instance they gave me a 25000 credit limit, 2 morgatges. A 300 grand house to make payments on. And me and wife are restraunt employees not even managers. Wtf are they thinking. Its also becauces buisness push to beat sales from the previous year, so stocks will go up. F the stock market! Buisness push sales up and up drying the bottom person on the totem pole poorer and poorer, until something is really done to help the little man, bankruptcies will keep happening because nobody is going to be able to buy the stuff. And china is going to take us over when we can't pay them back. Start learning chinese.

    ReplyDelete
  10. So much waste of words... Yes, everyone here who wasted their times being mean. Instead, do something to improve the world. Don't complain, just do something you feel really proud of. Something that can contribute to the world's wellbeing as a whole, not yourself and your family only. By being more humble and really caring for the others, swallowing your pride, being more understanding you will find that the world is become a better place. It's all in front of you, can't you see it?! It's all there. Search inside your soul and you will find there's so much more than that selfish, unforgiving, mediocre material soul. Money is not the most important thing when you lose your friends, relationships, family, health or your life. Nothing is purer than the smile of the stranger at the end of the road who lends you a hand to get you out of the hole on the ground you dug yourself. We are all brothers and sister in this world, not just families, or american families. From the moment we are born, we are mainly souls with physical, progressively deteriorating bodies who will be consumed by the earth sometime without having the power to stop that, maybe only to prolong a little more if you take good care of your body and soul. But there is still goodness in this world, besides believing all others are not worth your time and consideration. Times are changed. America's best president is black. Can't you see?! Just accept you are not important for the world if you don't accept the differences and love them. Help them. Your color, your money, your beauty or your fame - they no longer make you a better person. You are just like everyone else. Think how others, no matter which color or background, with proper education, health and opportunities are exactly the same as yourself. You may think you are better or your life is better, but when it goes all down the drain, believe me, you will be nothing. There's goodness and badness in this world. Make sure you REALLY know the difference and choose the side that can make you whole and why not say organic, clean, honest. No empire has last forever. They all fall. It's time for you to understand that. There's time to win and time to lose when the "whole" is not considered. Selfishness and anger is what destroys nations. Maybe we still have time for a change. Don't waste any more of this time being selfish and mean.

    ReplyDelete
  11. Correction of the text above:

    "By being more humble and really caring for the others, swallowing your pride, being more understanding you will find that the world can become a better place".
    Sorry about the grammar confusion. I type very fast. I'm human, like you.

    ReplyDelete
  12. Health insurance was a benefit to employers everywhere. The keep their employees alive and well. After all the promote healthy maintenance to their computers,buildings, Copy machines Ect... You are an investment to a company. After all they spend years training you. You think they want to loose their investment. It cost a ton of money to create you specific skill set for a certain position within a corp. Use yor head you are machine that cost thousands of dollars and thats why they need you to be happy and healthy.

    ReplyDelete
  13. As we speak, America is swirling in the bowl. It will make the final plunge down the throat of the toilet once the currency, the vaunted US Greenback, becomes the worthless victim of hyperinflation. Even a $1000 will buy little --if anything. Nobody will want it. Gold, silver and necessities like food and fuel will become the new currencies. Crisis and panic will mark America's trip through the lines to the sewage outfall and into the abyss. The causes of this tragedy took place years ago. A lot of grasshoppers are going to die in this economic winter.

    ReplyDelete
  14. Coming Economic Depression; The World Economy is like a patient in Intensive Care who is comatose that has no IV fluids, no Doctor, no Nurses, and is on a rice matt on the floor. Sincerely, Concerned and Petrified

    ReplyDelete
  15. Bring our U.S. Troops home. Feed our People (U.S. Citizens).Give Medical Aid to our People.
    Christianity needs to stand up for itself! Why do we cower and care what other countries think of us? Bring the boys and the money home! Stand up and take your hat off when the flag waves at a game. Pull up those baggy pants and do something for yourselves youth! We have a lot of good young and need more. Get off my bumper when I'm doing 75 in the fast lane, wait in line like everybody else and get off that phone when I'm eating in a restaurant. How bout learning some etiquette whether on the golf course or in public.
    Archie Bunker

    ReplyDelete
  16. Good thing no one listened to this clown... buying these stocks at the time this was written would have at least tripled your money

    ReplyDelete
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