urShadow's Blog: STORE CLOSURES

No	Name	No of stores operated in beginning of 2008	No of store closures in 2008	No of job cuts in 2008	Remarks
1	Ann Taylor	929 Retail stores	117 stores nationwide by 2008	180 staff by 2008	Closing down underperforming stores. Had plans to open 85 new stores now that is on hold.
2	Gap Inc	3,167 stores	85 Stores by 2008		Closing down underperforming stores.
3	Mervyns	177 stores	All the stores		Department store has closed down.
4	JC Penney	1,067 stores	44 Underperforming department stores and 3 catalog outlets		Closing down underperforming Dept stores.
5	Dillards	326 Department stores	21 underperforming stores in 2008	500 Jobs by 2008
6	Macy’s	850 stores	9 Stores
7	Talbots & J Jill	1390 stores	Close 100 stores in fiscal year 08	1^st wave of job cuts-5% of total workforce or around 800, 2^nd wave of job cuts -9% of its corporate staff 129 jobs	J Jill which is owned by Talbots has been put up for sale.
8	Elie Tahari	Brand		35 Job cuts
9	Hanesbrands	Brand		8500 jobs
10	Sears Holdings Corp	2465 stores	14 stores closed and will close 8 underperforming stores in fourth quarter.	Approximately 50 Jobs
11	Saks	197 stores		1,700 jobs in Club Libby Lu girls chain which is being closed down.
12	Steve & Barry’s	276 stores			Chapter 11
13	La Perla	Brand		400 Job cuts
14	Columbia Sportswear	Brand		75 Job cuts – 4% of workforce.
15	Carrefour SA	12,547 stores		700 job cuts in non food merchandising jobs
16	Lane Bryant, Fashion bug, Catherines	Lane Bryant-896 Fashion Bug-989 Catherines-468	150 Stores nationwide in 2008
17	Lord & Taylor	47 Department stores		100-150 Job cuts
18	Christopher & Banks	821 stores	Closing Acorn division- 36 Acorn stores	80 Full time and 200 Part time
19	Pacific Sunwear	954 stores	153 Demo stores
20	Eddie Bauer	369 stores	Closed 27 shops, plans to close 2 more by the end of the year.
21	Warnaco Group Inc.	Brand		7% of its corporate work force in 2008
22	Goody’s family clothing	370 stores	Closing 90 stores		Chapter 11
23	Li & Fung	Sourcing Group		150 local jobs or 4% of its Hong Kong headcount in 2008
24	Disney Store	335 stores	98 stores Nationwide
25	Cache	296 Cache and Cache Luxe stores	Closing 20-23 Stores in 2008
26	PPR’S La Redoute	Catalog and online		672 jobs over the next 4 years
27	Sigrid Olsen	54 stores	Close all 54 stores		Company closed down.
28	Timberland	79 stores in US. International- 165 stores	40 larger retail stores
29	Foot Locker	3,785 stores	140 stores closing in 2008
30	Karstadt –Germany’s	86 Department stores		400-450 Jobs
31	Linens N’ Things	589 stores	411 stores		Liquidation of chain
32	Wickes	190 stores	Closing all the stores		Company is closing down
33	Levitz	76 stores	Closed all 76 stores nationwide.		Company is closing down.
34	Zales and Piercing Pagoda	750 stores in the US and Puerto Rico.	Closing 105 stores
35	Home Depot	2,234 stores	15 retail stores
36	Movie Gallery	Approximately 3,500 stores	All stores		Chapter 11
37	Pep Boys	531 stores	33 Stores
38	Sprint Nextel	1400 retail outlets	125 retail Locations	4,000 employees
39	Ethan Allen	More than 300 Design centers.	12 stores
40	Sharper Images	184 stores	90 Stores		Chapter 11
41	KB toys	460 stores	356 Stores		Bankrupty
42	Wilsons Leather	411 stores	160 Stores in 2008	1002 Jobs
43	Metro Group	2,221 stores	40 Retail Stores in 2008, 27 outlets to be sold by 2010.
44	Shoe Pavilion	64 stores	All 64 stores in 2008		Closed down of business.
45	Myer Ltd-Australia	60 Department stores		25 Job cuts in buying department
46	Circuit City	682 stores	155 domestic segment stores		Chapter 11
47	Whitehall	375 stores	All stores		Chapter 11
48	Friedmans	388 stores	120 stores		Operating in Chapter 11
49	Bombay	384 stores	All 384 Stores		Company closing down.
50	Starbucks	6,793 stores in USA	600 stores in the US
51	Tiffany	186 stores		Offered voluntary retirement incentives to about 800 U.S. employees.