I heard a lot of stores are closing down after the holidays?

Question

After hearing this i want to know if that's true? And also what stores are closing? I know about a few but not much. Whats going on?!

Answer 1

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

0A

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 Galley 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



Loews to close down some stores



Dillard's to close some stores.

Answer 2

I work in retail and this email is mostly false. There are always stores each year that close some doors due to the fact that a store has not performed well over a period of time. I urge you all to check out the websites of stores that you are concerned about - most retail stores are publicly traded stocks and if they are closing it will be announced in a press release. I can tell you that J Jill is the company that I work for and we are not closing any J Jill stores or Talbot's stores this is all rumor based on the fact that earlier this year we closed our Talbot's Men's, Kids and UK chains. Refer to the the letter on the J Jill main page www.jjill.com and look for the banner that reads "Our Response to Recent Gift Card Concerns". Thank you to our loyal guests who make our brand a success!

Answer 3

I heard the same stores. It actually came from an email from another retailer saying, buy their gift cards because all these stores are closing. Seems a little tacky to me to bank on the other stores from closing.

Answer 4

Some are. Circuit City is a big one. It's closing something like 155 of it's stores across the country.

Answer 5

I'm a Christian, and this letter does not represent Jesus at all, the fact is, they could well take Christ out of Christmas, and change it to xmas. that would be awesome, as Christ never was in Christmas to began with, neither is he accepting of it. It is foolish to try and teach people that Jesus is the reason for the season, they need to do a bit of praying, and a little history. over 200 million tons of alcohol will be consumed on this holiday, there will be more suicides than any other time of the year, alot of church goers will max out credit cards they cant pay back. and the blunt of it all, WHAT GIFT DOES GOD GET? the blame for all this corruption. I am a strong believer in God Almighty, and he is a God of Love, but not corruption, lies, and gluttony. As for getting alone. I can share opinions and beliefs with atheist, and have a true heart to see them saved, but can never accept their theories.

Answer 6

This is the list I received:

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



>>Ann Taylor- 117 stores na tionwide



>>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 stor es



>>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 Galley Closing all stores



>>Pacific Sunware closing stores



>>Pep Boys Closing 33 stores



>> AT&TSprint/ 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



>>Loews to close down some stores



>>Dillard's to close some stores

Answer 7

In two stores cases, the email provides out of date information. Ann Taylor announced a year ago it would close 117 stores, the same number the email states.



Same for Charming Stores Inc, who owns Lane Bryant, Fashion Bug and Catherines - they announced in February they would close 150 stores - that is what the email says will happen in the future - but they have shut most of the stores down already.



The companies ask that shoppers not panic, and if one of their local stores ever does close, there are other ways to use those gift cards.



"Any gift cards purchased at any of our brands, any of our stores, can be honored at any of our 2,300 stores or online," Coolick said.



Ann Taylor, Cache, Lane Bryant/Fashion Bug/Catherines, and Talbots all confirmed today they have no new plans to close stores. Eddie Bauer confirmed that it will close two more stores, but that it was part of a strategic long-range plan - and they have opened 16 new stores this year. Many of the stores we contacted could not comment or did not get back with us, but we will update this site if they do.



Here is the email being sent around:



If you have gift cards or credits at any of these stores, now would be the time to cash them in before they close for good.

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 - 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.



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+ locations



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.



Bombay Company: (Freehold Mall store closed) The company unveiled plans to close all 384 U.S.-based Bombay Company stores. The company's onlin e 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.