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Circuit City to close 155 stores - Nov. 3, 2008 (http://money.cnn.com/2008/11/03/news/companies/circuit_city.ap/index.htm?postversion=2008110309&eref=googleto olbar - broken link)
I work for Ann Taylor Stores Corporation and wanted to assure you that Ann Taylor is a financially strong Company with a healthy balance sheet. We already communicated early this year that we are closing a number of stores through 2010, but we continue to open new stores and have close to 1,000 stores in our fleet. Ann Taylor and LOFT Gift Cards are a great idea for gifting this holiday…and they can be redeemed at any of our stores or online. Although the source of this viral email is questionable, we felt we should clarify because we want our clients to always feel confident in their Ann Taylor purchases.
Mervyn's and Linens-n-Things closing in my area too. Went to LNT and they still have 20% off everything. Big deal, that's what you paid when you had their 20% off coupons. Mervyn's had better sales before they announced they were closing.
The little guys (mom & pop) don't have a chance when Costco sells everything now.
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