Saturday, November 22, 2008

PSA - Store Closings

Just check out the list below. If you still have gift certificates or store coupons, you should redeem them as soon as possible.

This is scary stuff! Most of these stores are "big box" stores so what happens to these huge vacant buildings and plots of land after closing? Eventually they may get occupied again, but not in this market. In the meantime, these vacancies will have a negative affect on home values. Undoubtedly, restaurants will probably start closing soon too.

Here's a list of stores that informed the Security Exchange of store closing plans:



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

Ann Taylor- 117 stores nationwide

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 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

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

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