Big Retails Which May Close Or Downsize

Started by Zayre88, August 04, 2008, 09:34:49 AM

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Zayre88

Big Retails Which May Close Or Downsize

It is now no secret that we are in a very weak economic environment and if it is not an official recession it is for about 80% of the country.  We've already seen some retailers collapse entirely or at least fall into the restructuring chapters that protect the company from liquidation.  Among these are Sharper Image, Lillian Vernon, Mervyn's, Ames, Harvey Electronics, Good Guys, Levitz, Bombay, Movie Gallery, Tweeter, and other former modest-sized retailers which have filed to shield themselves from creditors

(Rest of the story):
http://www.247wallst.com/2008/07/big-retails-whi.html

Linens'n Things, Starbucks, Bennigan's, Boscov's... TJX looking to sell Bob's stores, mall vacancies rise to 13-year high...

Jonah Norason

Well, some of those died long ago, like The Good Guys and Ames. Mall vacancies are at a 13-year high...what's what 13 years ago? Oh, 1995, the death of many retailers (Chess King, County Seat)

There's a large plaza in town that has BOTH a Pier 1 and World Market.