Scaling Back
Mar 1, 2009 12:00 PM
LIQUIDATIONS
- Jan. 7, Goody's, closing 287 stores
- Jan. 16, Circuit City to liquidate; closing 567 stores
CHAPTER 11 FILINGS
Jan. 8, Against All Odds, operates 64 stores overall; plans to close West Coast stores
Jan. 13, Shane Co., operates 23 stores
Jan. 14, Gottschalks, operates 58 stores
Feb. 6, Fortunoff, operates 20 stores
Feb. 6, Bruno's, operates 66 stores
Feb. 12, S&K Famous Brands, operates 136 stores; plans to close 30
Feb. 17, Innovation Luggage, operates 10 stores
Feb. 23, Ritz Camera, operates about 1,000 stores
ANNOUNCED CLOSINGS
- Jan. 8, New York & Co., 50 stores
- Jan. 8, Macy's, 11 stores
- Jan. 9, Supervalu, 50 stores
- Jan. 13, Cost Plus, 26 stores
- Jan. 20, Yankee Candle, 28 Illuminations stores
- Jan. 21, Filene's Basement, 11 stores
- Jan. 22, Phillips-Van Heusen, 175 stores
- Jan. 22, Brown Shoe, up to 35 Famous Footwear stores
- Jan. 26, Home Depot, 48 stores
- Jan. 29, Starbucks, 200 U.S. stores (plus 100 international)
- Jan. 29, Chico's, up to 25 stores
- Feb. 9, Talbots, 20 stores
- Feb. 24, Jimmy'Z, 11 stores
- Feb. 24, Z. Gallerie, 25 stores
TOTAL CLOSINGS: up to 715 U.S. stores
POTENTIAL IMPACT OF ALL ANNOUNCEMENTS TO DATE: 1,599 CLOSURES OUT OF UP TO 2,946 POTENTIALLY AFFECTED U.S. STORES
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