The Wall Street Journal took a look at Circuit City’s current predicament today and concluded that they’re in deep sh*t. But that’s great for bargain hunters, right? Nah. Not really.
closings
When Things Get Crazy, Rumors Get Even Crazier
By 9.30.08
We received a tip today that Bank of America supposedly plans to close nearly all of its customers’ credit cards on October 1st, but the only source we can find for this rumor is a single post at iReport.com, CNN’s public journalism free-for-all. Everything else online that mentions this is traced back to that one short post. So, until we find out more, we’re going to say this one is bunk—and a great example of how wild rumors can pop up during desperate times. (Thanks to Joseph!)
This Is Probably Not A Good Place To Look For A Job Right Now
By 9.22.08
Sidd snapped this photo at the Palisades Mall in West Nyack, NY over the weekend. “Flexible hours” in this case might mean a lot of free time very soon.
By 9.9.08
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Astroland, the Coney Island amusement park, is closing for good this Sunday, says its owner. You can buy the rides at www.rides4u.com. Sorry, the wooden Cyclone coaster and the Wonder Wheel are part of another amusement company and won’t be sold (they’ll continue to operate). [New York Times]
A Complete List Of Starbucks Locations That Will Be Closing
By 7.18.08
Starbucks has released the complete list of stores that will be closing. You can browse the full list, organized alphabetically by state, inside.
By 7.8.08
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Behold! A map of the Starbucks locations that are rumored to be closing. If you know of a location that’s getting the ax, you can submit your information to the Seattle Times. [Seattle Times via Starbucks Gossip]
By 7.7.08
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If you’re wondering which 600 Starbucks locations are going to be closed, well, you can just keep on wondering. [Bizjournals via Starbucks Gossip]
Starbucks To Close 600 Stores, Cut Up To 12,000 Jobs
By 7.1.08
MSNBC says that Starbucks has announced that it will be closing 600 locations in the US and could eliminate up to 12,000 full and part-time jobs. Previously, the company had announced that it would close only 100 stores.
By 5.23.08
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Airlines aren’t just hiking fees to cover fuel costs—they’re also reducing the number of places where they’ll fly. Nearly 30 cities across the country have lost their scheduled service over the last year, making it just a little harder to get to sparsely populated areas. [New York Times]
Closing: An Employee Report From Inside The Wilson's Leather Bloodbath
By 2.19.08
Reader L is an employee of Wilson’s Leather and has the following to report from inside the liquidation. Everything and everyone must go.
Crackpot Restaurant Closes Abruptly After Selling Thousands In Gift Cards
By 2.15.08
Neil Smith, owner of two Crackpot Restaurants in Maryland, recently shut down one of them and left employees without pay and gift card holders without compensation.
Polaroid Instant Film Is Dead
By 2.13.08
”We’re trying to reinvent Polaroid so it lives on for the next 30 to 40 years,” Tom Beaudoin, Polaroid’s president, chief operating officer and chief financial officer, said in a phone interview Friday.
Macy's Is Closing 9 Stores
By 12.28.07
Well now you’ve done it, shoppers of America: your refusal to spend enough money at Macy’s is forcing the department store chain to shutter nine “underperforming stores in Indiana, Ohio, Louisiana, Oklahoma, Utah and Texas,” reports Reuters. Seriously, what does it take to get you to buy stuff from them? They gave out coupons!
By 12.15.07
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CompUSA has publicly announced their consumer hotline for repair questions: 1-877-520-8324. (It’s the same as the number in the letters they’re mailing out to customers.) You can also visit a new website, www.compusaconsumerhelp.com. [Dallas Business Journal]
Blockbuster To Close 282 Stores
By 6.29.07
The AP is reporting that Blockbuster will be closing 282 stores nationwide and will beef up spending on its online DVD rental service in order to compete with industry-leader Netflix. From the AP:
“Traffic is just not what it used to be when Blockbuster was the big rooster in the hen house,” said Andy Cross, senior analyst with The Motley Fool.
CompUSA Won't Honor Rebates For Items Purchased At Closing Stores
By 3.13.07
Effective immediately, customers in closing stores are not eligible for CompUSA rebates, and manufacturer rebates will not be available. If an item was purchased prior to 2/27/07, and qualifies for a rebate, please follow the normal submission instructions located on your rebate form. The closing store will not participate in CompUSA’s national ads. However, the closing stores will have their own sales; pretty much every item in the store will be on sale, and the closing stores may have their own ads too.
Well, at least “pretty much every item in the store will be on sale.” You just don’t see enough use of the phrase “pretty much every” in store policies these days.—MEGHANN MARCO
GAP CEO's Email Address
By 3.6.07
According to a tipster, this is the email address for the CEO of GAP: Bob_fisher_ceo@gap.com
