Wednesday, January 07, 2009
Yikes – a pandemic of retail store closings
by Larry Geller
You can view a list of retail store closings in 2008 here, and in 2009 (supposed to be continuously updated) here.
Yikes!
When some of the larger stores close, the mall that they were anchoring may also run into difficulties.
Footlocker, formerly Venator, formerly Woolworths, is closing everything. That’s 4,000 stores.
The list is extensive. Check out the articles because they have more details, but here is the 2008 list snipped for you:
- Ann Taylor (117)
- Movie Gallery (378)
- Sprint/Nextel (125)
- Ethan Allen (12)
- Dell (140)
- Friedmans (120)
- Pier 1 (25)
- Sigrid Olsen (54)
- Talbots Kids/Mens (78)
- Home Depot (15)
- Eddie Bauer (29)
- GAP (85)
- Footlocker (140)
- Bombay (all 384 stores)
- Disney (98)
- Macy's (11)
- JC Penney (scaling back)
- Loews (scaling back)
- Sharper Image (184)
- Wilson Leather (160)
- Pep Boys (31)
- Pacific Sunwear / PacSun (154 Demo stores)
- Zales (105)
- Cache (20)
- Lane Bryant (40)
- KB Toys (356)
- Dillards (26)
- Fashion Bug (100)
- CompUSA (all stores)
- Linens 'N Things (all 371 stores)
- Mervyn's (all 149 stores)
- Club Libby Lu (Saks owned) (all 78 stores)
- Steve & Barry's (all 173 stores)
- Sergio Rossi (all standalone US stores)
- Office Depot (126 stores)
- Rite Aid (181 stores)
Again, there is more detail at the articles linked, check them out.
If you like videos, here is a link to one narrated in American Sign Language. Stick with it, though, and see the parade of closing stores.
Wow,
Woolworth closing ALL stores
CompUSA closing ALL stores
SharperImage closing All stores
Amazing, esp. the Woolworth. That's an institution going back over 100 years.
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