Teen retailer Rue21, which has been the subject of recent bankruptcy rumors, has decided to shutter 400 stores and put more of its attention to online sales. [More]
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JCPenney Postpones Store Closings Because People Are Shopping There Again
Two months after JCPenney announced it would shutter 138 stores across the country amid falling sales, the company says it is delaying those closings as customers have apparently started shopping with the retailer again. [More]
Chipotle Closing All 15 ShopHouse Asian Kitchen Locations
Five months after Chipotle said it would stop investing in the growth and development of its Asian-inspired ShopHouse Kitchen chain, the company announced plans to close all 15 locations, essentially abandoning the brand. [More]
BCBG Max Azria Closing 120 Stores, Reportedly Looking At Bankruptcy Options
Following a trend set by Macy’s, Wet Seal, The Limited, and others, mall mainstay BCBG Max Azria plans to close 120 stores at shopping centers around the country, and may file for bankruptcy protection. [More]
Gap To Close Banana Republic Stores In The UK
Mall stalwart Gap’s rough year — including a distribution center fire, store closures, and a “too normal” clothing line — is getting a bit rockier, as the company announced it will soon close most of its Banana Republic-branded stores across the pond. [More]
Logan’s Roadhouse Files For Bankruptcy, Will Close 18 Locations
No road trip would be complete without stopping by a kitschy restaurant right off the highway. Travelers will soon have slightly fewer eateries to choose from as Logan’s Roadhouse filed for bankruptcy Monday, detailing plans to close more than a dozen of its locations. [More]
Toys ‘R’ Us Closing 110,000-Square-Foot NYC Flagship Store At End Of The Year
This will be the last holiday shopping season for the Toys ‘R’ Us flagship location in Manhattan, as the retailer plans to leave its 110,000-square-foot mega-store at the end of the month. [More]
Target Confirms 3,100 Jobs Being Cut, Left Unfilled At Minneapolis Headquarters
When Target announced it would shut down its Canadian operation, 17,600 people lost their jobs. Now, as the company prepares to embark on a $2 billion cost-cutting effort over the next two years, it has eliminated an additional 3,100 positions, this time at its Minneapolis headquarters. [More]
One-Hour Facelift Company Lifestyle Lift Abruptly Closes, Considering Bankruptcy
Cosmetic surgery chain Lifestyle Lift promises clients it can remove wrinkles, frown lines and sagging skin in just a matter of an hour. But if you were planning to stop by one of the company’s centers on Monday you were likely met with locked doors and few answers. [More]
Jones New York Will Close Stores, End Wholesale Business
This week hasn’t exactly brought good news for women’s fashion. Kate Spade announced yesterday that it would shutter its Kate Spade Saturday and Jack Spade stores, and today, Jones New York announced it would close stores and discontinue its wholesale business. [More]
Macy’s Closing 14 Stores As Part Of Restructuring Plan; Opening Two In California
Citing changes in the way consumers shop, department store giant Macy’s announced Thursday that it plans to shut 14 stores in an effort to increase its focus in online shopping. [More]
Bank Of America Wants Customer To Travel 1,500 Miles To Close His Mother's Account
It hasn’t even been a month since our last dead Bank of America customer story, but here the bank is at it again, refusing to let a woman’s son close her checking account no matter what he does. Although she lived and banked in Tennessee and he lives in Pennsylvania, the latest nonsense has the bank demanding that he visit Texas in person to get a document notarized. [More]
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Hershey is closing its online store (www.hersheygifts.com) at the end of the month, saying they can’t keep it running in this economy. If you like their “chocolate” products, everything on the site is on sale for 25% off. [LA Times] (Thanks to Robert!)
Return To Sender: BMG Music Has Been Discontinued
If you’re a BMG Music Service member you won’t be for much longer — the service is being discontinued as of June 30th, 2009.
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Tshirt Hell isn’t going out of business, it was just a joke. [T-Shirt Hell] (Thanks to Michael!)
After 8 Years, T-Shirt Hell Closes Its Doors Thanks to Hate Mail
UPDATE: It was just a stunt, they’re still in business.