The Budget Fashionista’s Weekly Retail Closing Report

January 23, 2009

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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{ 4 comments… read them below or add one }

Shopsista 1 January 23, 2009

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

This economy has to pick up!  Man!!!

sarai 2 January 24, 2009

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).

Grumpy Smurf 3 January 24, 2009

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

Rocki White 4 February 20, 2009

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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