Posted by: Apostolic Oneness Pentecostals | November 14, 2008

Store Closing’s 2008

My mom just sent  me this email and I wanted to share it with my readers. Perhaps you can run and see if your favorite store is having some type of going out of business sale. Also, be careful about those Gift Cards at certain stores. Once they close, ya cant use those store purchased gift cards.

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*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 r the next month*
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*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.*
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*Cache **closing stores. Women’s retailer Cache announced that it is
closing 20 to 23 stores this year.*
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*Lane Bryant, Fashion Bug, Catherines **closing 150 stores nationwide. The
owner of retailers Lane Bryant , Fashion Bug , Catherines Plus Sizes 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.*
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*Talbots, **J. Jill  closing stores. About a month ago, Talbots
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 Talbots women’s and J. Jill , another chain it
owns. The closures will occur this fiscal year, according to a company press
release.*
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*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.*
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*Foot Locker **to close 140 stores. In the company press release and during
its conference call with analysts today, it did no t specify where the
future store closures – all plan ned in fiscal  2008 – will be. The company
could not be immediately reached for comment*
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*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.*
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*Zales, **Piercing  Pagoda closing stores. The owner of Zales and Piercing
Pagoda 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.*
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*Disney Store’s  **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. 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.anounced 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.*
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*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.*
 
 *Macy’s **- 9 stores*
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*Movie Gallery **- 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.*
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*Pep Boys **- 33 stores*
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*Sprint Nextel **- 125 retail locations New Sprint NextelCEO Dan Hesse
appears to have inherited a company bleeding  subscribers by the thousands,
and will now officially be dropping the ax on 4,000 e mployees 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.*
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*J. C. Penney,  Lowe’s and Office Depot **are scaling back*
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*Ethan Allen Interiors: **The company announced plans to close 12 of 300+
stores in an effort to cut costs.*
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*Wilsons** the Leather Experts **- 158 stores*
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*Pacific Sunwear **will close its 154 Demo stores after a review
of strategic alternatives for the urban-apparel brand.  Seventy-four
underperforming Demo stores closed last May.*
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*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.*
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*Bombay Company: **The company unveiled plans to close all 384 U.S.-based
Bombay Company stores. The company’s online storefront has discontinued
operations.*
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*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 underperforming
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 underperforming stores this year.*
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