On Thu 20 Nov 2008 07:51:00p, Terry Pulliam Burd told us...

> The DH, as some of you may recall, is a bankruptcy lawyer (commercial
> not personal). I received the following from one of his colleagues in
> email this evening. I haven't vetted it personally, but the source is
> very reliable:
>
>>Stores that are planning to close after Christmas are still selling the
>>gift cards through the holidays even though the cards will be worthless
>>January 1. There is no law preventing them from doing this. On the
>>contrary, it is referred to as 'Bankruptcy Planning'.
>>
>>Below is a partial list of stores that you need to be cautious about.
>>
>>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 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
>>
>>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
>>
>>Hollywood Video just filed for bankruptcy
>
> Terry "Squeaks" Pulliam Burd
>
> --

Good Gawd! The malls will be empty. I could see many such malls simply
closing all their doors.


--
Wayne Boatwright
(correct the spelling of "geemail" to reply)
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Date: Thursday, 11(XI)/20(XX)/08(MMVIII)
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Countdown till U.S. Thanksgiving Day
6dys 2hrs 44mins
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It is not enough merely to succeed: one's friends must also fail.
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