KB Toys Closing Stores - KB Toys is closing 356 stores by January 2009 according to the Security Exchange Commission and hundreds of other popular retailers announce store closings - here is the list.
KB Toys closing stores is good news for those hoping to get great deals on toys right at Christmas time, but don’t get too giddy. This is just the beginning of the US economy heading south and the list below is just the tip of the iceberg.
Store Closings
Ann Taylor- 117 stores nationwide are to be shuttered
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 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 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
Loews to close down some stores
Dillard’s to close some stores
Though consumers will reap the benefits of clearance toys at Christmas, what about all those employees, that retail space that will now sit empty, the continuing downward spiral…
That’s the latest very grim news about KB Toys Closing Stores.
Tags: black friday 2008, KB Toys closing, KB Toys closing stores, store closings, Talbots closing
November 23rd, 2008 at 12:34 pm
Here are some news sources that may help readers determine whether the store closings date is real or rumor, or is the writing on the wall…
Abelson, Jenn. “Talbots Is Seeking a Buyer for J. Jill.”
The Boston Globe. 7 November 2008.
Ackerman, Ruthie. “Sharper Image Files for Bankruptcy.”
Forbes. 20 February 2008.
Barbaro, Michael. “Retailing Chains Caught in a Wave of Bankruptcies.”
The New York Times. 15 April 2008.
Barbaro, Michael. “Big Retailers Scaling Back Expansion Plans and Shutting Stores.”
The New York Times. 2 May 2008.
D’innocenzio, Anne. “Toy Stocks Enjoy Strong Gains As Official Start of Holiday Season Nears.”
Associated Press. 3 November 2006.
Finney, Michael. “Levitz Furniture Files for Bankruptcy.”
KGO-TV [San Francisco]. 27 November 2007.
Hirsh, Lou. “Wickes Furniture Begins Going-out-of-Business Sale.”
The Press-Enterprise. 29 February 2008.
Kingsbury, Kevin. “Restructuring Charges, Economic Environment Hurt AnnTaylor’s Net.”
The Wall Street Journal. 22 May 2008.
Kosdrosky, Terry. “Pep Boys Posts Wider Loss, Outlines Strategic Changes.”
The Wall Street Journal. 28 November 2007.
Lloyd, Mary Ellen. “Lowe’s 3Q Net Down 24% on Big-Ticket Sales Weakness.”
CNNMoney.com. 17 November 2008.
McCarty, Dawn and Michael Bathon. “Whitehall Jewelers Files for Bankruptcy Protection.”
Bloomberg News. 23 June 2008.
Niedt, Bob. “Erroneous Closings Now an Urban Legend.”
The [Syracuse] Post-Standard. 21 November 2008.
O’Donnell, Jayne. “Disney to Shutter 98 Stores; Home Depot Closing 15.”
USA Today. 1 May 2008.
Rovella, David E. and Dawn McCarty. “Movie Gallery Files Plan to Exit Bankruptcy in 2008.”
Bloomberg News. 23 December 2007.
Saranow, Jennifer. “AnnTaylor, Talbots Plan Further Cuts.”
The Wall Street Journal. 7 November 2008.
Soenarie, Angelique. “Whitehall Jewelers Going Out of Business.”
The Arizona Republic. 29 October 2008.
Associated Press. “KB Toys Hopes to Exit Chapter 11 Before Holidays.”
FOXNews.com. 16 May 2005.
Associated Press. “Consumer Electronics Store CompUSA Is Sold; Will Close All Stores.”
International Herald Tribune. 8 December 2007.
Associated Press. “Wilsons Leather Closing Stores.”
Green Bay Press-Gazette. 16 February 2008.
Associated Press. “Home Depot to Close 15 Underperforming US Stores.”
International Herald Tribune. 1 May 2008.
Birmingham News. “Movie Gallery to Shutter Another 160 Stores.”
3 April 2008.
CBS News. “Macy’s to Slash 2,300 Jobs.”
6 February 2008.
Computerworld. “Systemax to Buy CompUSA Brand, 16 Retail Outlets.”
9 January 2008.
Dow Jones Newswires. “Foot Locker 1Q Net Falls 82%; Backs Year Forecast.”
CNNMoney.com. 22 May 2008.
Inside Tucson Business. “Retail Down-Sizing.”
12 November 2008.
Reuters. “Dillard’s Cuts Spending, to Open Fewer Stores.”
31 October 2008.
Reuters. “AnnTaylor Sees Weak Holiday Season.”
21 November 2008.
WHAS-TV [ Louisville]. “Many Stores Closing Due to Retail Slump.”
22 May 2008.
December 8th, 2008 at 8:59 pm
The KB Toys entry is from a press release of 2006.