Troublesome rumors circulating...

[XDeSuEhTX]

I've recently heard some unsettling rumors about stores to close soon.

They include:

- Gabriel Brothers
- Pacsun
- Rue 21
- JC Penny

I almost want to say I don't really believe any of it's true, but with this economic crisis we're in, I wouldn't rule out the possibility.

I really, really, hope this isn't true. Because I enjoy all of these stores, they are where I get most all of my clothes. If they go out, there will hardly be anywhere left in my town that sells the kind of clothes I like. I'll be pretty angry.

Can someone please confirm that these are indeed, only rumors?

[NJxxJon]

Welcome back to the boards....
-
If PacSun's prices weren't so jacked up I would buy a tee shirt from them once in a while.  :mad:

[silverrose43]

I've heard the PAC SUN one. I heard that they were closing a lot of stores. I work the the Crystal Mall in Waterford and ours is rumored to be going soon which will be a huge blow to the mall.

They are so expensive it's no wonder they are struggling so much

[JimSawhill]

JC Penny won't be closing!! The one in the Mall here in Brandon (Florida) is doing GREAT!! They just opened a new JCP in a new mall in Pasco county.

[store215]

Originally posted by JimSawhill
JC Penny won't be closing!! The one in the Mall here in Brandon (Florida) is doing GREAT!! They just opened a new JCP in a new mall in Pasco county.

I highly doubt one store's sales represents a whole chain. I'm sure we will see many closings of JC Penney and other retailers, even if the entire chain does not fold.

[kendra]

I personally don't see JCP in danger of any mass closures anytime soon...PacSun, on the other hand, as noted above is a highly overpriced specialty retailer, and those are likely going to find it harder and harder to hold their own in this economic climate. Something that caters to consumers on a broader level, such as JCP, will probably stick around a lot longer. I'm not familiar with the other two chains so I cannot comment.