<p>Linens and Things and Mervyns have already been discussed. Following is a list of some stores that will be closing all or SOME of their stores. Generally, when a store declares reorganization bankruptcy or store closings, it does not necessarily mean they will be going out of business. Sometimes it is just a matter of closing unprofitable locations so they can remain in business. However, in the current economic crisis, if you generally give Gift Certifcates/Cards to family and friends for holiday presents, or return things for credit, you need to be more vigilant. Once a stores merchandise is sold to a liquidator, the Gift Card or merchandise credit is usually no good. If you get a gift card from a company that is sturggling, be sure to spend it rather than save it for “later” purchases. </p>
<p>Circuit City (filed Chapter 11)
Ann Taylor- 117 stores nationwide closing
Lane Bryant, Fashion Bug ,and Catherine’s to close 150 stores nationwide
Eddie Bauer to close stores 27 stores and more after January
Cache will close all stores
Talbots closing down specialty stores
J. Jill closing all stores (owned by Talbots)
Pacific Sunwear (also owned by Talbots)
GAP closing 85 stores
Footlocker closing 140 stores mo re to close after January
Wickes Furniture closing down
Levitz closing down remaining stores
Bombay closing remaining stores
Zales closing down 82 stores and 105 after January
Whitehall closing all stores
Piercing Pagoda closing all stores
Disney closing 98 stores and will close more after January.
Home Depot closing 15 stores
Macys to close 9 stores after January
Linens and Things closing all stores
Movie Galley Closing all stores-not sure on this
Pep Boys Closing 33 stores
Sprint/Nextel closing 133 stores
JC Penney closing a number of stores after January
Ethan Allen closing down 12 stores.
Wilson Leather closing down all stores
Sharper Image closing down all stores
K B Toys closing 356 stores
Loews to close down some stores
Dillard’s to close some stores</p>
<p>Now, obviously Home Depot closing 15 stores or Macys closing 9 seems more like normal business decisions in the current economic situation. And I doubt Sprint is going out of business in the next six months. However, it pays to be vigilant. Circuit city may have some better deals but if you are looking for a gift card, Best Buy might be the better choice.</p>
<p>Please add to the list or correct anything on the list you find wrong. Don’t want to scare anyone away from a great store with incorrect information.</p>