U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics > Frugal Living
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 10-27-2008, 11:16 AM
 
Location: California
65,144 posts, read 16,021,406 times
Reputation: 40118

Advertisements

STORE CLOSINGS AND LAYOFFS

If you have gift cards, hurry up and use them!!

XXXX Closing 117 stores nationwide A company spokeswoman said the company hasn't revealed which stores will be shuttered. It w ill let the stores that will close this fiscal year know over the next month

XXXX T o close more stores
XXXXX 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.

XXXXX closing stores
Women's retailer XXXX announced that it is closing 20 to 23 stores this year.

XXXX, XXXX, XXXX closing 150 stores nationwide The owner of retailers XXXX , 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.

closing stores
About a month ago, 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 XXXX , another chain it owns. The closures will occur this fiscal year, according to a company press release.

XXXXX closing 85 stores
In addition to its namesake chain, Gap also owns XXXX . The company said the closures - all planned for fiscal 2008 - will be weighted toward the XXXX brand.

XXXX to close 140 stores
In the company press release and during its conference call 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

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

XXXXX- closed already
The furniture retailer, which is going out of business. XXXX 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 opened his first furniture store in Lebanon , PA. In the 1960s, the warehouse/showroom concept brought XXX to the forefront of the furniture industry. The local XXX closures will follow the shutdown of Bombay .

X, closing stores
The owner of XXXX previously said it plans to close 82 stores by July 31. Today, it announced that it is closing another 23 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.

XXXX Store owner has the right to close 98 stores The XXX announced it acquired about 220 XXXX Stores from subsidiaries of The XXX Retail Stores. The exact number of stores acquired will depend on negotiations with landlords. Those subsidiaries of XXXXled for bankruptcy protection in late March. XXX in the news release said it has also obtained the
right to close about 98 XXXX in the U.S. Th e press release didn't list those stores.

XXXt store closings (E. Brunswick, Rt 18 just put up their closing sign)
ATLANTA - Nearly 7+ months after its chief executive said there were no plans to cut the number of its core retail stores, The XXX 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.

(CLOSED) clarifies details on store closings Any extended warranties purchased for products through XXXX will be honored by a third-party provider, Assurant Solutions. Gift cards, rain checks, and rebates purchased prior to=2 0December 12 can be redeemed at any time during the final sale. For those who have a gadget currently in for service20with XXXXX, the repair will be completed and the gadget will be returned to owners.
http://www.news.com/8301-10784_3-9834177-7html
<http://www.news.com/8301-10784_3-9834177-7.html>

XXXXX - 9 stores

XXXX - 160 stores as part of reorganization plan to exit
bankruptcyThe video rental company plans to close 400 of 3,500 XXX
and XXX stores in addition to the 520 locations the video rental
chain closed last fall.

XXXX- 153 Demo stores

XXXX- 33 stores

XXX- 125 retail locations New XXXXCEO 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.20Amid 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

XXXX are scaling back

XXX: The company announced plans to close 12 of 300+
stores in an effort to cut costs.

XXXX- 158 stores

XXXXXwill close its 154 Demo stores after a review of strategic alternatives for the urban-apparel brand. Seventy-four underperforming Demo stores closed last May.

XXXX: The company recently filed for bankruptcy protection and announced that 90 of its 184 stores are closing. The retailer will still operate 94 stores to pay off debts, but 90 of these stores have performed poorly and also may close.

XXXl store closed) The company unveiled plans to close all 384 U.S-based Company stores. The company's online storefront has discontinued operations.

XXX 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

X
XX 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 XXXX II said the company will close another six underperforming stores this year.

Last edited by 2goldens; 12-29-2008 at 04:11 PM.. Reason: This is clearly a ©copyrighted post which is being displayed in the Administrators panel
Reply With Quote Quick reply to this message

 
Old 10-27-2008, 11:37 AM
 
25,573 posts, read 23,766,561 times
Reputation: 44094
I dont shop at any of the above stores so for now, guess its okay. Word from a few other sources there are quite a few Home Depot places shutting down, and we at Lowes (here where I live) are going to be facing hours cut back as well...but I hear also it happens every winter. Good thing I have a backup job though, to help pull through these times, whew!
Thanks for the tip, Izzy!
Reply With Quote Quick reply to this message
 
Old 10-27-2008, 11:51 AM
 
Location: On a road heaven bound !
10,290 posts, read 8,039,494 times
Reputation: 17783
Wow....sure a lot of this happening! I also heard on the news the other day Mervyns is closing their doors also.

Thanks, Izzy! There are a couple I do patronize and now aware of them closing!! Darn, that's to bad!!!
Reply With Quote Quick reply to this message
 
Old 10-27-2008, 11:54 AM
 
Location: California
65,144 posts, read 16,021,406 times
Reputation: 40118
So now everything is cheaper,discounts are great before the holidays,finish up using your gift cards!
Reply With Quote Quick reply to this message
 
Old 10-27-2008, 01:08 PM
 
Location: Not tied down... maybe later! *rawr*
2,689 posts, read 6,075,185 times
Reputation: 4320
I believe Mervyn's may only be a California store, but still some great bargains to be had during their liquidation sales.

When Bombay Co. was going out of business, I happened to wander into one and their prices were just the same as they were when they' weren't in financial trouble. Two days later, the store was closed. I didn't see them doing much to liquidate their assets. I'm just sayin'.
Reply With Quote Quick reply to this message
 
Old 10-27-2008, 02:12 PM
 
Location: California
65,144 posts, read 16,021,406 times
Reputation: 40118
Quote:
Originally Posted by canibeyou View Post
I believe Mervyn's may only be a California store, but still some great bargains to be had during their liquidation sales.

When Bombay Co. was going out of business, I happened to wander into one and their prices were just the same as they were when they' weren't in financial trouble. Two days later, the store was closed. I didn't see them doing much to liquidate their assets. I'm just sayin'.
Mervyn's are closing in my area.
Bombay was a great store! loved buying there
Reply With Quote Quick reply to this message
 
Old 10-27-2008, 02:16 PM
 
Location: Texas
42,203 posts, read 49,753,916 times
Reputation: 66975
They'll never shut down amazon.com...LOL!
Reply With Quote Quick reply to this message
 
Old 10-27-2008, 02:21 PM
 
Location: Not tied down... maybe later! *rawr*
2,689 posts, read 6,075,185 times
Reputation: 4320
Quote:
Originally Posted by stan4 View Post
They'll never shut down amazon.com...LOL!
Or Ebay!

Yeah, VillageLife, I liked Bombay's furniture. They also had a really great selection of clocks. LOL... that last sentence might be the most random sentence I've ever posted!
Reply With Quote Quick reply to this message
 
Old 10-27-2008, 02:27 PM
 
Location: Houston, TX
2,373 posts, read 5,238,041 times
Reputation: 6211
Well our town has 15 of those stores. We used to have Eddie Bauer, but they closed their store a couple of years ago. If more than a few close in our town our mall will be way worse than before. As it is, us mall employees complain about how slow it is. If our mall goes down the tubes, I'm pretty sure my job does as well.
Reply With Quote Quick reply to this message
 
Old 10-27-2008, 02:45 PM
 
Location: Out there somewhere...
38,677 posts, read 45,030,920 times
Reputation: 106708
Mervyn's as well as Linens & Things going bankrupt and closing stores here in AZ. Rumors in the business world have it that other big stores may follow suit, especially after christmas.
Many furniture stores have closed here and many other business's related to the home building sector will be shutting down too.
Looks like the recession has taken a firm hold on the economy now.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics > Frugal Living
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top