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STORE CLOSINGS AND LAYOFFS
> >
> > If you have gift cards, hurry up and use them!!
> >
> > Just passing this along - FYI
> >
> > 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 ,
> Catherine's Plus
> > Sizes will close about 150 under performing 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,
> Talbot's
> > announced that it will be shuttering all 78 of its
> kids and men's
> > stores. Now the company says it will close another 22
> under
> > performing stores.. The 22 stores will be a mix of
> Talbot's 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
> > 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
0D > > 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
> >
> > 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.
> >
> > Goodbye Levitz / BOMBAY - closed already. The
> furniture retailer,
> > which 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 1960's,
> 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
>=2 0> 31. Today, it announced that it is closing another 23
> under
> > performing 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 will 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. (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 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 under performing U.S. stores
> being closed
> > represents less than 1 percent of its existing stores.
> They will be
> > shuttered within the next two months.
> >
> > CompUSA (CLOSED) clarifies details on store closings.
> Any extended
> > warranties purchased for products through CompUSA will
> be honored by
> > a third-party provider, Assurant Solutions. Gift
> cards, rain checks,
> > and rebates purchased prior to December 12 can be
> redeemed at any
> > time during the final sale. For those who have a
> gadget currently in
> > for service with CompUSA, 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
> >
> > Macy's - 9 stores
> >
> > Movie Galle ry - 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=2 0announced plans to
> close
> > 12 of 300+ stores in an effort to cut costs.
> >
> > 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
> > under performing Demo stores closed last May.
> >
> > Sharper Image: 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..
> >
> > Bombay Company: (Freehold Mall store closed) The
> company unveiled
> > plans to close all 384 U.S.-based Bombay Company
> stores. The
> > company's online 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 under performing 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 under performing stores this year.
> >
> >
> > If you have gift cards, hurry up and use them!!
> >
> > Just passing this along - FYI
> >
> > 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 ,
> Catherine's Plus
> > Sizes will close about 150 under performing 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,
> Talbot's
> > announced that it will be shuttering all 78 of its
> kids and men's
> > stores. Now the company says it will close another 22
> under
> > performing stores.. The 22 stores will be a mix of
> Talbot's 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
> > 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
0D > > 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
> >
> > 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.
> >
> > Goodbye Levitz / BOMBAY - closed already. The
> furniture retailer,
> > which 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 1960's,
> 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
>=2 0> 31. Today, it announced that it is closing another 23
> under
> > performing 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 will 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. (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 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 under performing U.S. stores
> being closed
> > represents less than 1 percent of its existing stores.
> They will be
> > shuttered within the next two months.
> >
> > CompUSA (CLOSED) clarifies details on store closings.
> Any extended
> > warranties purchased for products through CompUSA will
> be honored by
> > a third-party provider, Assurant Solutions. Gift
> cards, rain checks,
> > and rebates purchased prior to December 12 can be
> redeemed at any
> > time during the final sale. For those who have a
> gadget currently in
> > for service with CompUSA, 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
> >
> > Macy's - 9 stores
> >
> > Movie Galle ry - 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=2 0announced plans to
> close
> > 12 of 300+ stores in an effort to cut costs.
> >
> > 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
> > under performing Demo stores closed last May.
> >
> > Sharper Image: 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..
> >
> > Bombay Company: (Freehold Mall store closed) The
> company unveiled
> > plans to close all 384 U.S.-based Bombay Company
> stores. The
> > company's online 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 under performing 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 under performing stores this year.
> >
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