Scope (?):  All Topics
YanBz
admin
Hot or Not?
0

List of retail bankruptcies

submitted on December 12, 2008 by YanBz in "Stores / Merchants", last updated on June 17, 2009 by YanBz
I thought it would be useful to compile a list of stores that filed or are rumored to file for bankruptcy. Everyone then could use it as a reference when making a decision on using the deals we list on Buxr

Past bankruptcies

Sharper Image (gadgets) - February, 2008
http://www.reuters.com/article.....1220080220

Mervyn's (CA based dept. store) - July, 2008
http://www.sfgate.com/cgi-bin/.....829D48.DTL

Linens 'n Things (home and garden) - October, 2008
http://www.bizjournals.com/pit.....a=from_rss

Steve & Barry’s (apparel) - November, 2008
http://www.bizjournals.com/col.....ily32.html

Levitz (furniture) - November, 2008
http://articles.latimes.com/20.....i-levitz10

Circuit City (electronics) - November, 2008
http://biz.yahoo.com/ap/081110.....uptcy.html

KB Toys (toys & baby items) - December, 2008
http://news.yahoo.com/s/ap/200.....bankruptcy

Goody's (apparel) - January, 2009
http://www.reuters.com/article.....MZ20090114

Ritz Camera (photo) - February, 2009
http://www.twice.com/article/C.....id=5691061

S&K Menswear (apparel) - February, 2009
http://www.richmondbizsense.co.....ankruptcy/

Eddie Bauer (apparel) - June, 2009
http://www.marketwatch.com/sto.....9617143940

I will try to keep this list up to date as I find more names in the news. Please chime in with your tips in the comments Smile
        

Favorite (2)
  Comments
  • 12640
    MikeG
    learner
    Posted by MikeG on December 13, 2008 [reply] 0 0
    Old Navy! I'm shocked. I thought they would do well in this in this economy.
  • 12668
    MrCheap
    professor
    2
    1 1 1
    Posted by MrCheap on December 13, 2008 [reply] 0 0
    Here is an interesting though a bit old (October 6, 2008) reading:

    Kiss These Retailers Goodbye
    http://www.fool.com/investing/.....odbye.aspx

    The author claims that Circuit City, Talbots and Borders are unlikely to make it through this holiday season. We all know what happened to Circuit City Sad
  • 14360
    YanBz
    admin
    Posted by YanBz on January 8, 2009 [reply] 0 0
    Added Goody's, thanks Emma123
  • 14656
    JackBauer
    admin
    Posted by JackBauer on January 16, 2009 [reply] 0 0
    Add Circuit City to the list. They just announce today, they are done.
      14661
    • Solstice
      professor
      1 6 2
      11 4 1
      Posted by Solstice on January 16, 2009
      [reply] 0 1
      I'll be one of the vultures circling on this one.
    • 14715
    • JackBauer
      admin
      Posted by JackBauer on January 17, 2009 [reply] 0 0
      My local store closed in Dec. I got a LG-BD 300 Blu-ray player for $175. They retail for $350.
    • 14737
    • MrCheap
      professor
      2
      1 1 1
      Posted by MrCheap on January 17, 2009 [reply] 0 0
      I now how a bunch of Blu-ray movies that I can't play. I need a Blu-ray player badly. Is the LG any good?
    • 14786
    • JackBauer
      admin
      Posted by JackBauer on January 18, 2009 [reply] 0 0
      I think it is great. Also, it has the capability to stream Netflix online providing you have an ethernet connection near the player.

      CNET gives it a very good rating. Plus for a $175, I am not going to complain. I will be hitting the circuit city liquidation to pick up 50% blu-ray dvds.
  • 16865
    steve_05
    professor
    3 1
    10 8 1
    Posted by steve_05 on February 23, 2009 [reply] 0 0
      16866
    • YanBz
      admin
      Posted by YanBz on February 23, 2009 [reply] 0 0
      Thanks! Added to the list
  • 17073
    vinhdanh
    expert
    1 1
    Posted by vinhdanh on February 26, 2009 [reply] 0 0
  • 17074
    vinhdanh
    expert
    1 1
    Posted by vinhdanh on February 26, 2009 [reply] 0 0
    The retailer announced the closure of 28 stores during 2008 and on Thursday said it had decided to close 24 additional stores in January.

    You can find the direct store closing list here. http://www.searsmedia.com/tool.....262009.pdf
      17086
    • MikeG
      learner
      Posted by MikeG on February 27, 2009 [reply] 0 0
      The way this is going, we will only have online shopping.
  • 20489
    vinhdanh
    expert
    1 1
    Posted by vinhdanh on April 4, 2009 [reply] 0 0
    Rite Aid to shut as many as 117 stores after wider loss.

    http://www.latimes.com/busines.....3742.story
  • 23168
    steve_05
    professor
    3 1
    10 8 1
    Posted by steve_05 on April 27, 2009 [reply] 0 0
    Illuminations closes down. http://www.illuminations.com/
      23170
    • YanBz
      admin
      Posted by YanBz on April 27, 2009 [reply] 0 0
      This is the latest I could find in the news:

      Yankee Holding Corp. today said it will cut 330 jobs as part of a restructuring plan that includes closing its 28 Illuminations stores.

      Yankee is also discontinuing its Illuminations consumer direct business and closing one underperforming store at its Yankee Candle Co.


      http://www.boston.com/business.....ation.html
  • 23190
    Beemeyers
    learner
    Posted by Beemeyers on April 27, 2009 [reply] 0 0
    I am surprised about sears and old navy.
      23219
    • MrCheap
      professor
      2
      1 1 1
      Posted by MrCheap on April 28, 2009 [reply] 0 0
      What about them?
  • 23266
    fiesta1018
    beginner
    2
    Posted by fiesta1018 on April 28, 2009 [reply] 0 0
    wow! This info is good to know!!!Thanks
      23939
    • YanBz
      admin
      Posted by YanBz on May 5, 2009 [reply] 0 0
      Like it? Add it to favorite and you can go back to it any time by using the menu on top
  • 23869
    TheBest
    professor
    6 3
    9 1 1
    Posted by TheBest on May 4, 2009 [reply] 0 0
    Linens 'n Things Back?
    just got this mail today

    http://links.em.lnt.com/servle.....&mt=1&rt=0
      23930
    • Solstice
      professor
      1 6 2
      11 4 1
      Posted by Solstice on May 4, 2009
      [reply] 0 1
      Apparently the dead do rise. Twisted
  • 23928
    jack69darin
    professor
    11 2 1
    Posted by jack69darin on May 4, 2009 [reply] 0 0
    That's weird about Linen-n-Things
      23931
    • JackBauer
      admin
      Posted by JackBauer on May 4, 2009 [reply] 0 0
      read the name of the company: © 2009 LNT Acquisition, LLC. All rights reserved.

      Someone bought the name. I read somewhere that the same might happen with Circuit City.
  • 26014
    fiesta1018
    beginner
    2
    Posted by fiesta1018 on May 21, 2009 [reply] 0 0
    Hi Admin,
    Are you still keeping this list up-to-date? How about Lane Bryant?maybe once a week he can resubmit it, that way we can all keep our eyes open for possibles. hmmmm just thinking
      26016
    • YanBz
      admin
      Posted by YanBz on May 21, 2009 [reply] 0 0
      I couldn't find anything on Lane Bryant going bankrupt. Just some store closures last year. Can you post more details?
  • 26354
    YanBz
    admin
    Posted by YanBz on May 25, 2009 [reply] 0 0
    S&K Menswear filed last February and is reportedly closing all stores
    http://www.ddimagazine.com/dis.....4953c2354a
  • 28390
    fiesta1018
    beginner
    2
    Posted by fiesta1018 on June 14, 2009 [reply] 0 0
    Here is a site that list 15 more to fall.........
    http://www.usnews.com/blogs/fl.....-2009.html
  • 28740
    YanBz
    admin
    Posted by YanBz on June 17, 2009 [reply] 0 0
    Added Eddie Bauer. Thanks to chinnam for the tip!
  • 28759
    phunkeey
    teacher
    Posted by phunkeey on June 18, 2009 [reply] 0 0
    Also Perkin's and Captain D's are "on the ropes":

    http://www.usnews.com/blogs/fl.....ropes.html

Leave a Comment (members Sign in to comment)

Name

E-Mail (will not be published)

2 x 3 = ?

Emoticons

'Mr Green''Neutral''Twisted''Arrow''Eek''Smile''Confused''Cool''Evil''Big Grin''Idea''Red Face'

(more)


 

Browse by tags