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The Budget Fashionista’s Weekly Retail Closing Report

| January 23, 2009 07:00 PM | Posted in , , , ,
store closings

Retailers have taken a lot of hard hits lately, and while some are getting back on their feet after the holiday slump, others are, well, giving up.

The Phillips-Van Heusen Corporation, owner of DKNY, Calvin Klein, and other clothing brands, will close 175 stores; this is a big blow to the outlet malls of the country. But Van Heusen isn’t alone. Here’s a wrap-up of the latest store closures… hint: there’s a liquidation sale coming to a store near you.

Steve & Barry’s (where will Sarah Jessica Parker’s “fashion you can afford to love line”, BITTEN, go?)
Cub Libby Lu (Saks is letting go of this retailer, aimed at fashion-savvy young girls, so parents have lots of great deals to pounce on)

Others retailers closing stores…
Mervyn’s
Filene’s Basement
Ann Taylor (117 stores)
Gap Inc (85)
Foot Locker (140)
Dillard’s (26)
Sigrid Olsen (54)
Pacific Sunwear (153 demo stores)
Macy’s (11)
Fashion Bug (150)
Cache (23)

JC Penney may be scaling back soon, too.

Have a tip on a store closing? Click here to send us your tips

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Member Comments

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January 23, 2009 Shopsista wrote:

NOOOOO!!!!!!! Not Dillard’s and Filene’s Basement!!! OMG!!!

This economy has to pick up!  Man!!!

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January 24, 2009 sarai wrote:

My local Goody’s is closing, though they haven’t dropped their prices far enough yet for me to be enticed (they were overpriced to begin with).

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January 24, 2009 Grumpy Smurf wrote:

Shopista- Dillards an Filene’s are only closing some stores NOT all stores.. I would b very sad if these stores closed down completely

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February 20, 2009 Rocki White wrote:

DO you know if they stores that are closing down will also be closing or scaling back their e-retail as well?

~~Rocki

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