Re: unintended long arrow
marika
This just doesn't look good. In light of these closing and who knows what
else will be closing, it might be good to have your bank load a gift Visa
card instead of giving a gift card for a specific company or store for those
loved ones that you might be considering giving gift cards to
> STORE CLOSINGS AND LAYOFFS
>
>
>
> Ann Taylor closing 117 stores nationwide. A company spokeswoman said
> the company hasn't revealed which stores will be shuttered. It will let
> the stores that will close this fiscal year know over the next month
>
>
> Eddie Bauer to close more stores. Eddie Bauer has already closed 27
> shops in the first quarter and plans to close up to two more outlet
> stores by the end of the year.
>
>
> Cache closing stores. Women's retailer Cache announced that it is
> closing 20 to 23 stores this year.
>
>
> Lane Bryant, Fashion Bug, Catherines closing 150 stores nationwide. The
> owner of retailers Lane Bryant , Fashion Bug , Catherine's Plus Sizes
> will close about 150 under performing stores this year. The company
> hasn't provided a list of specific store closures and can't say when it
> will offer that info, spokeswoman Brooke Perry said today.
>
>
> Talbots, J. Jill closing stores. About a month ago, Talbot's announced
> that it will be shuttering all 78 of its kids and men's stores. Now the
> company says it will close another 22 under performing stores.. The 22
> stores will be a mix of Talbot's women's and J. Jill , another chain it
> owns. The closures will occur this fiscal year, according to a company
> press release.
>
>
> Gap Inc. closing 85 stores. In addition to its namesake chain, Gap also
> owns Old Navy and Banana Republic . The company said the closures - all
> planned for fiscal 2008 - will be weighted toward the Gap brand.
>
>
> Foot Locker to close 140 stores. In the company press release and
> during its conference call with analysts today, it did not specify where
> the future store closures - all planned in fiscal 2008 - will be. The
> company could not be immediately reached for comment
>
>
> Wickes is going out of business. Wickes Furniture is going out of
> business and closing all of its stores, Wickes, a 37-year-old retailer
> that targets middle-income customers, filed for bankruptcy protection
> last month.
>
>
> Goodbye Levitz / BOMBAY - closed already. The furniture retailer, which
> is going out of business. Levitz first announced it was going out of
> business and closing all 76 of its stores in December. The retailer
> dates back to 1910 when Richard Levitz opened his first furniture store
> in Lebanon , PA. In the 1960's, the warehouse/showroom concept brought
> Levitz to the forefront of the furniture industry. The local Levitz
> closures will follow the shutdown of Bombay ..
>
>
> Zales, Piercing Pagoda closing stores. The owner of Zales and Piercing
> Pagoda previously said it plans to close 82 stores by July 31. Today, it
> announced that it is closing another 23 under performing stores. The
> company said it's not providing a list of specific store closures. Of
> the 105 locations planned for closure, 50 are kiosks and 55 are stores.
>
>
> Disney Store owner has the right to close 98 stores. The Walt Disney
> Company announced it acquired about 220 Disney Stores from subsidiaries
> of The Children's Place Retail Stores. The exact number of stores
> acquired will depend on negotiations with landlords. Those subsidiaries
> of Children's Place filed for bankruptcy protection in late March. Walt
> Disney, in the news release, said it has also obtained the right to
> close about 98 Disney Stores in the U.S. The press release didn't list
> those stores.
>
>
> Home Depot store closings. (E. Brunswick, Rt 18 just put up their
> closing sign) ATLANTA - Nearly 7+ months after its chief executive said
> there were no plans to cut the number of its core retail stores, The
> Home Depot Inc. announced Thursday that it is shuttering 15 of them amid
> a slumping U.S. economy and housing market. The move will affect 1,300
> employees. It is the first time the world's largest home improvement
> store chain has ever closed a flagship store for performance reasons.
> Its shares rose almost 5 percent. The Atlanta-based company said the
> under performing U.S. stores being closed represents less than 1 percent
> of its existing stores. They will be shuttered within the next two
> months.
>
>
> CompUSA (CLOSED) clarifies details on store closings. Any extended
> warranties purchased for products through CompUSA will be honored by a
> third-party provider, Assurant Solutions. Gift cards, rain checks, and
> rebates purchased prior to December 12 can be redeemed at any time
> during the final sale. For those who have a gadget currently in for
> service with CompUSA, the repair will be completed and the gadget will
> be returned to owners. http://www.news.com/8301-10784_3-9834177-7html
> <http://www.news.com/8301-10784_3-9834177-7html>
> <http://www.news.com/8301-10784_3-9834177-7.html
> <http://www.news.com/8301-10784_3-9834177-7.html>
>
>
> Macy's - 9 stores
>
>
> Movie Gallery - 160 stores as part of reorganization plan to exit
> bankruptcy. The video rental company plans to close 400 of 3,500 Movie
> Gallery and Hollywood Video stores in addition to the 520 locations the
> video rental chain closed last fall.
>
>
> Pacific Sunwear - 153 Demo stores
>
>
> Pep Boys - 33 stores
>
>
> Sprint Nextel - 125 retail locations. New Sprint Nextel CEO Dan Hesse
> appears to have inherited a company bleeding subscribers by the
> thousands, and will now officially be dropping the ax on 4,000 employees
> and 125 retail locations. Amid the loss of 639,000 postpaid customers in
> the fourth quarter, Sprint will be cutting a total of 6.7% of its work
> force (following the 5,000 layoffs last year) and 8% of company-owned
> brick-and-mortar stores, while remaining mute on other rumors that it
> will consolidate its headquarters in Kansas . Sprint Nextel shares are
> down $2.89, or nearly 25%, at the time of this writing.
>
>
> J. C. Penney, Lowe's and Office Depot are scaling back
>
>
> Ethan Allen Interiors: The company announced plans to close 12 of 300+
> stores in an effort to cut costs.
>
>
> Wilsons the Leather Experts - 158 stores
>
>
> Pacific Sunwear will close its 154 Demo stores after a review of
> strategic alternatives for the urban-apparel brand. Seventy-four under
> performing Demo stores closed last May.
>
>
> Sharper Image: The company recently filed for bankruptcy protection and
> announced that 90 of its 184 stores are closing. The retailer will still
> operate 94 stores to pay off debts, but 90 of these stores have
> performed poorly and also may close..
>
>
> Bombay Company: (Freehold Mall store closed) The company unveiled plans
> to close all 384 U.S.-based Bombay Company stores. The company's online
> storefront has discontinued operations.
>
>
> KB Toys posted a list of 356 stores that it is closing around the United
> States as part of its bankruptcy reorganization. To see the list of
> store closings, go to the KB Toys Information web site, and click on
> Press Information
>
>
> Dillard's to Close More Stores. Dillard's Inc. said it will continue to
> focus on closing under performing stores, reducing expenses and
> improving its merchandise in 2008. At the company's annual shareholder
> meeting, CEO William Dillard II said the company will close another six
> under performing stores this year.
>
"marika" <marik...@gmail.com> wrote in message
news:w_2dnf1CNISrWk_U...@rcn.net...
> this is sick
>
> I also heard that AMerican Express having become a bank has now
> applied for bailout funds
>
> at this point we are being asked to share the pain, so why not the wealth
> "marika" <marik...@gmail.com> wrote in message
> news:sKGdnWng28NfW0_U...@rcn.net...
>> On the other hand AMEX may be so savvy they have figured out how to
>> cash in on this thing and have had scenarios planned for a long time.
>> i hope that's the one
>>
>> "marika" <marik...@gmail.com> wrote in message
>> news:56OdnfHjZe1uWE_U...@rcn.net...
>>> from the ny times in November
>>>
>>> The news that the government will not buy soured mortgage assets,
>>> along with a string of poor corporate earnings, disheartened investors
>>> on Wednesday, sending the markets down for a third straight day this
>>> week. The Dow Jones industrial average fell 411.30 points, or 4.7
>>> percent, to close at 8,282.66.
>>>
>>> I say: I don't get it. We were supposed to recoup the bailout money
>>> when the mortgage bond market became unfrozen, and they could resell
>>> the bonds to the tune of a very great profit that would more than
>>> compensate the american taxpayer.
>>>
>>> I told you they were lying and now I am proved right.
>>> At least with the original plan, there was some glimmer of payback
>>> this however is a hoax and was on day one
>>>
>>> "marika" <marik...@gmail.com> wrote in message
>>> news:vO2dnZYdM_5KWU_U...@rcn.net...
>>>> well I am glad to see that Kucinich was at least nailing Kashkari. I
>>>> don't know what he is doing now but this was good
>>>>
>>>> The fact that he suspects as much as I do is somewhat telling
>>>>
>>>> he got grilled mercilessly in March
>>>> Kashkari not Kucinich
>>>> with exhortations that he should resign because he has no clue what he
>>>> was doing
>>>> good to keep them on their toes
>>>> and they should hire me
>>>> I would be transformative
>>>> and LOOK KUCINICH mentioned the tarp bonus problem way back in November
>>>> no one was paying attention
>>>>
>>>>
>>>> http://www.abcnews.go.com/Blotter/WallStreet/story?id=6230441&page=1
>>>> Lawmakers Demand to See Bailout Chief
>>>> Neel Kashkari to Testify Before Congress on Friday.
>>>> By JUSTIN ROOD
>>>> November 11, 2008
>>>> The Treasury Department's top bailout official will testify before
>>>> Congress Friday, after two congressmen wrote to demand he appear.
>>>>
>>>> Assistant Treasury Secretary Neel Kashkari listens on Capitol Hill in
>>>> Washington, Thursday, Oct. 23, 2008, during a Senate Banking Committee
>>>> hearing on the U.S. financial crisis.
>>>> (Gerald Herbert/AP Photo)
>>>> The department rejected an earlier request by Reps. Dennis Kucinich,
>>>> D-Ohio, and Darrell Issa, R-Calif., for Neel Kashkari, Interim
>>>> Assistant Secretary for the Treasury for Financial Stability, to
>>>> appear at a hearing slated for Friday, the two lawmakers said.
>>>>
>>>>
>>>> Kucinich and Issa are the chairman and ranking member of the Domestic
>>>> Policy Subcommittee of the House Oversight and Government Reform
>>>> Committee, respectively.
>>>>
>>>>
>>>> Kashkari's appearance is "imperative," the two told Treasury Secretary
>>>> Henry M. Paulson, Jr., in a letter dated Tuesday. "There are serious
>>>> questions," the duo said, whether the $700 billion Troubled Assets
>>>> Relief Program could actually stabilize the economy, as Congress and
>>>> the Bush administration intended.
>>>>
>>>> Related
>>>> Who's Minding the Bailout?Wall Street Titans Blasted on Capitol
>>>> HillComplete Blotter Coverage: Wall Street of Shame
>>>> Kashkari testified before a Senate panel late last month. But his
>>>> testimony - and subsequent responses from Treasury officials to House
>>>> staffers -- were mostly "generalizations," the lawmakers wrote
>>>> Paulson.
>>>>
>>>>
>>>> Kucinich and Issa cited news reports that banks have used some of the
>>>> $250 billion from TARP to buy other financial institutions and pay
>>>> bonuses - not to make new loans and thaw credit markets, which the
>>>> economy needs.
>>>>
>>>>
>>>> "The time has come for the Treasury Department to speak clearly and
>>>> definitively to Congress and the American people about its plans for
>>>> the extraordinary sums Congress has authorized," the lawmakers wrote.
>>>
>>
>