Store Closings and Gift Cards [cont.]

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Wickes Furniture - Filed for bankruptcy in early 2008 and already closed down all retail stores. (source)

Levitz Furniture - Filed for bankruptcy in late 2007 and is still in the process of liquidating assets. (source)

The Bombay Co. Filed for bankruptcy in 2007 and announced it would close all U.S. stores. (source)

Zales - Last February announced the planned closure of 105 stores in 2008. source

Whitehall Jewelers - Filed for bankruptcy in June 2008 and is Closing all stores. (source)

Piercing Pagoda - Owned by Zales. Some, but not all, Piercing Pagoda locations were among the 105 planned closures announced by Zales in Feb. 2008. (source)

Disney - Announced in May 2008 it would close 98 stores. (source)

Home Depot - Announced in May 2008 it would close 15 stores nationwide. (source)

Macy's - Closed 9 stores in 2008. No more closings planned (source)

Linens 'n Things - Filed for bankruptcy in May 2008 and is closing all stores. (source)

Movie Gallery - AKA Hollywood Video, filed for bankruptcy in 2007 and closed hundreds of stores but remains in business. (source)

Pacific Sunwear - In Jan. 2008 announced the closure of 154 "demo" stores nationwide. (source)

Pep Boys - Closed 31 locations in 2008. (source)

Sprint Nextel - In Jan. 2008 announced it would close 125 stores. (source)

JC Penney - No recent announcements of planned store closures.

Ethan Allen - In Jan. 2008 announced plans to consolidate 12 retail design and service centers. (source)

Wilson Leather - Already closed 160 of its stores and is converting the remainder to sell women's accesories. (source)

Sharper Image - Filed for bankruptcy in early 2008 and announced plans to close all 184 stores. (source)

KB Toys - Last year closed 156 stores. No closures announced for this year. (source)

Lowe's - Has scaled back planned store openings but announced no plans to close locations. 9source)

Dillard's - Closed at least three stores in 2008. New CEO says the company will continue closing underperforming stores. (source)



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Sources and further reading:

Bogus Email Claims Store Closings
Eagle Tribune, 19 November 2008

Talbots Victim of Email Hoax?
Patriot Ledger, 20 November 2008

Retail Down-Sizing
Inside Tucson Business, 12 November 2008

Some Stores Closing Before Christmas
Tennessean, 17 November 2008

You'd Better Watch Out: Gift Cards Can Be Lumps of Coal
USA Today, 17 November 2008


Last updated: 11/22/08

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