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steve_05
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Old Navy going out of business?

submitted on December 12, 2008 by steve_05 in "Stores / Merchants"
I just heard on the radio that they're going out business soon. The other day I saw a commercial saying that the whole store would be $5,$10 or $15. The sale is online as well, but not everything falls under that price. Google it and you'll find a bunch of discussions going on.
 

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  • 12622
    MrCheap
    professor
    2
    1 1 1
    Posted by MrCheap on December 12, 2008
    [reply] 1 0
    Time to dump gift cards if you have any
      13408
    • LadyZaxxon
      beginner
      Posted by LadyZaxxon on December 23, 2008
      [reply] 1 0
      THIS IS WHY I NEVER GIVE GIFT CARDS. NOT ONLY ARE THEY WASTE AND RESTRICT YOU TO A SINGLE STORE, BUT YOU HAVE TO WORRY ABOUT STUFF LIKE THIS.

      STORES MAKE MUCHO DINERO ON THE TINY BALANCES LEFT ON THESE CARDS EVERY YEAR FOLKS.
  • 13342
    Jenny
    guest
    Posted by Jenny on December 22, 2008
    [reply] 0 1
    The $5,10,15 sale is something Old Navy has going on all the time. That's just a sale, not going out of business. I work there, and it's not a liquidation sale. It's just sales on basic stuff like t-shirts
  • 14635
    joshua
    guest
    Posted by joshua on January 16, 2009 [reply] 0 0
    i work at old navy now and i have been there just shy of 2 years, i can tell you oldnavy is not going under. old navy has always been a discount store, so they will always have sales like this. i can say that they are shutting branches down, but that is just because that store is not profitable in these days of economic slump. so old navy is not going under, a store by you might be closing, but the company is not going under.
  • 14932
    YanBz
    admin
    Posted by YanBz on January 20, 2009 [reply] 0 0
    I dug out the source of this rumor. Read this article, it mentions Old Navy and a few other brands that they predict will disappear.
    http://www.247wallst.com/2008/.....-20th.html
  • 14945
    bnwsmile
    beginner
    Posted by bnwsmile on January 20, 2009 [reply] 0 0
    Thanks for the info YanBz =)

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