Thursday, May 29, 2008

Dig In. It's Going To Be A Hard-Candy Christmas

From Snopes. Look for the following closures this year due to CEO Administration's economy.

Pier 1 Imports will be closing an unspecified number of

The Foot Locker shoe store chain closed 274 stores in 2007 and
another 60 in the first quarter of this year; more such closures are likely
before the end of the 2008.

The Ann Taylor women's apparel chain plans to close 117 struggling
stores by the end of 2011.

Pacific Sunwear closed 74 underperforming stores in its d.e.m.o.
line in 2007 and will be closing all 154 of its remaining d.e.m.o. stores in
2008. (The company has not so far announced plans to close any of its core
Pacific Sunware outlets.)

Wilsons Leather (the Leather Experts) will be closing all 260 of
its mall-based locations — 160 will be shuttered permanently, and the remaining
100 will be remodeled and revamped as a "Studio" concept focused on fashion
accessories for women.

The Zales chain of jewelry stores plans to close about 100 of its

Friedman's Jewelers plans to close an unspecified number of

The Pep Boys chain of auto parts stores will be closing an
unspecified number of outlets.

Charming Shoppes, which owns the Lane Bryant and Catherines brands
of women's clothing retailers, plans to close at least 150 stores.

The Kirklands chains of home decor stores announced at the end of
2007 that they would likely close between 40 to 130 of their stores in

Last updated: 27 May 2008

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