I don't know if this true maybe someone can check it out

[bsliny]

See if you have any of these cards
Subject: Fwd: stores to close

It seems there are lots of stores that are closing due to the "recession" and the fact that people are not shopping. If you have any "gift cards" from these stores, make sure you use them, or you will lose them !

Watch those store money cards and gift cards.. and credit slips! Stores that informed the Security Exchange of closing plans between October 2008 and January 2009. PLEASE PASS THIS ON TO ALL YOUR FAMILY AND FRIENDS.

Circuit City stores... most recent (? how many)

Ann Taylor- 117 stores nationwide are to be shuttered

Lane Bryant,, Fashion Bug ,and Catherine's to close 150 store nationwide

Eddie Bauer to close stores 27 stores and more after January

Cache will close all stores

Talbots closing down all stores

J. Jill closing all stores

GAP closing 85 stores

Footlocker closing 140 stores more 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 Jewelers closing all stores

Piercing Pagoda closing all stores

Disney closing 98 stores and will close more after January.

Home Depot closing 15 stores 1 in NJ ( New Brunswick )

Macys to close 9 stores after January

Linens and Things closing all stores

Movie Galley Closing all stores

Pacific Sunware closing stores

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

Lowes to close down some stores

Dillard's to close some stores.

[Coconuts]

A remarkable number seen all together like that.

[chelsea24]

This is very sad indeed.:ohdear:

[KathieI]

Very sad indeed. But did anyone notice over the past 10 years, the inordinate amount of new stores opening and malls too? I often wondered where they thought all these new customers were going to come from. New store branches were popping up everywhere, and yet people haven't been getting the salary increases we were 10 years earlier, so where were they're marketing plans and projections telling them that this was the right thing to do? I never could understand it and therefore, I'm not surprised. Of course, having a down turn like we are having in our economy, doesn't help the situation but if it were my company, I would always plan for a "worse case scenario"... Guess they were just too greedy.

[Boomer]

The owner of two of the Cincinnati area's major shopping malls is on the verge of bankruptcy. One of those malls, which is considered Cincinnati's best, has had a major construction project going on which I fear may have stopped. Not sure.

I believe the correct terminology for the business practices of this mall owner is "leveraged out the wazoo." And now that house of cards (and plastic cards) is collapsing. It is sickening. There are lots of jobs that people need in those malls.

I don't know where this one is heading. If something doesn't give, it will have real local impact. I hope he does not expect a government bailout. Maybe there will be a buyer somewhere.

This monstrous mess is growing arms and legs by the day.

Boomer

[Mikitv]

If there are no jobs where do they expect people to get the money to even go out to any of those stores and shop. Service jobs hardly pay enough for a family to even have the basics in life. So we send all the jobs out of this country but those same Companies expect us to continue to buy things from them so they can pay slave wages in other countries.

[Cassie325]

http://www.snopes.com/politics/business/storeclosings.asp

[graciegirl]

"THEY" are us, Mikark.

[rekop]

Here's what I found on snopes.com:

http://www.snopes.com/politics/business/storeclosings.asp

Sounds like there was an email going around that was a mix of accurate, inaccurate, and outdated information.

[SteveFromNY]

One thing that I learned awhile back - it was posted out here under a similar thread last year I think - was that the Gift Cards you buy at a store are considered a "loan" to the store for merchandise at a future date. As such, if the store files for bankruptcy, they no longer have to honor that "loan" nad your Gift Card is worthless. Be careful!

[Peggy D]

This is scary

[Just Susan]

I read this post, I hear and see this same kind of news on TV, radio and the newspaper....and yet, every mall we shop at or store we have been to for the past several months is packed, the restaurants are full with waiting lines. Very confusing.

[nONIE]

Gift cards to specific stores IMHO have been a huge frustration to us. They either expire without our realizing it, or they are easily lost. The stores will not honor expired gift cards. If you dont run out and use it immediately most likely you will run into the expiration problem.

We have also lost them or forgetten that we have them and by the time we remember its too late. I know they seem like an easy and thoughtful gift to give but I have sworn off gift cards forever, I dont give them ,and I dont want to receive them.

We have found that gift cards such as American Express can be a better alternative then store specific cards.

[BUC]

Cash is better than a gift card, if cash expires we've got big problems

[Casino]

See if you have any of these cards
Subject: Fwd: stores to close

It seems there are lots of stores that are closing due to the "recession" and the fact that people are not shopping. If you have any "gift cards" from these stores, make sure you use them, or you will lose them !

Watch those store money cards and gift cards.. and credit slips! Stores that informed the Security Exchange of closing plans between October 2008 and January 2009. PLEASE PASS THIS ON TO ALL YOUR FAMILY AND FRIENDS.

Circuit City stores... most recent (? how many)

Ann Taylor- 117 stores nationwide are to be shuttered

Lane Bryant,, Fashion Bug ,and Catherine's to close 150 store nationwide

Eddie Bauer to close stores 27 stores and more after January

Cache will close all stores

Talbots closing down all stores

J. Jill closing all stores

GAP closing 85 stores

Footlocker closing 140 stores more 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 Jewelers closing all stores

Piercing Pagoda closing all stores

Disney closing 98 stores and will close more after January.

Home Depot closing 15 stores 1 in NJ ( New Brunswick )

Macys to close 9 stores after January

Linens and Things closing all stores

Movie Galley Closing all stores

Pacific Sunware closing stores

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

Lowes to close down some stores

Dillard's to close some stores.






Well I can only voice my opinion about stores that are closing.....
As for J.Jill which is up for saleand is owned by Talbots, Unfortunately, Talbots felt that the J.Jill stores did not make enough profit. Yes , Talbots sunk ALOT of money into the stores. But I do not think that they will close.

As for Talbots, will they close???? With the amount of stores that they own, and the amount of inventory that they have, I do not think so. If they were, you would see alot of mark downs going on now. My inside scoop -Talbots just placed an order for new fixtures for their stores .( How do I know that...I work for a company that manufactures millwork for Talbots.)So would a company spend over a half million dollars now and closed next year? I do not think so.


Just my humbe opinioon.......

[joannej]

Here's what I found on snopes.com:

http://www.snopes.com/politics/business/storeclosings.asp

Sounds like there was an email going around that was a mix of accurate, inaccurate, and outdated information.

I saw this mentioned on the news---you are right about the inaccuracy of the e-mail. I've learned to check with Snopes before I forward e-mails that dis products, or in this case, spread around fear regarding buying gift certificates; however, it's good to be cautious during these hard times about plunking money down on any gift certificate. It's a shame that some people believe a lot of these phony e-mails that are circulating on the web.

[Barefoot]

I've learned to check with Snopes before I forward e-mails. It's a shame that some people believe a lot of these phony e-mails that are circulating on the web.

Excellent point Joanne! I've received at least five e-mails with "important" information in the past month that turned out to be false when checked with Snopes.com. Mostly of the false e-mails were regarding security and medical issues.

I don't know why people like to author and circulate false and misleading information but they do. It does pay to check out information with Snopes before forwarding it.

[Peggy D]

Good point, Bare. I had alot of e-mails, as I'm sure many did, during the election that were not completely true when checked out.

I learned my lesson