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  1. #1
    Affiliate Manager Allen Nance's Avatar
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    Store Closings bring joy to affiliates?
    Is there an upswing for the affiliate world? Hopefully the strong brand names will still pull the customers toward them and into our referral system.

    This is a list of the unfortunate side of retailing. So many stores closing their brick and mortars.

    Nationwide store closings

    Guess we had better be very careful of gift certificates this season.
    Just in case you have them, use those Gift Certificates or you may lose them.

    If you have gift cards, hurry up and use them!!


    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_3-9834177-7.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.

    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.
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  2. #2
    ABW Founder Haiko de Poel, Jr.'s Avatar
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    Yep that's the lemonade.

    People will look for online deals since most of the B&M are closed. As I've said earlier make sure your site sells, you don't want them searching for coupons or better deals for the same product at another site.
    Continued Success,

    Haiko
    The secret of success is constancy of purpose ~ Disraeli

  3. #3
    Troll Killer and best Snooper!
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    Store closings bring me no joy whatsoever. Our economy is in the shitter and this is one of the effects of that. I'd rather compete in a healthy marketplace where consumer confidence is high and people are freely spending their money -- everywhere.

  4. #4
    AM Navigator Geno Prussakov's Avatar
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    We went to a local mall yesterday night, and in many stores we were the only customers walking around (besides a few European tourists that we would notice throughout the mall). The prices in some of the factory stores were simply amazing. We got a quality $80 item at an Eddie Bauer store for only $9.50, and a few $40-50 items at Abercrombie & Fitch for $12 each...

    G.

  5. #5
    ABW Ambassador
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  6. #6
    Grandma broke her coccyx! Uncle Rico's Avatar
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    The rent in shopping malls particularly is simply way to much for some stores to recoup.

  7. #7
    Full Member Code Monkey's Avatar
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    It's all relative..

    When everyone has money, things tend to get too expensive..

    When noone has money, things start to get cheap..

    Smart people save all their money during good times, and spend it when times are tough..

  8. #8
    http and a telephoto
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    Allen! Great to see you posting ....

    Yes, the economy sucks but hopefully people will be going online to save gas and time and money.
    Deborah Carney
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  9. #9
    Prince of Content Vinny O'Hare's Avatar
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    People losing their jobs means less people shopping online. There is no good thing about brick and mortar stores closing.

    The malls can't pay their loans to the banks and can't pay their property taxes which means the state has to find a way to make up the difference and they do that by raising your property tax.

    No matter what business you are in you always want to see people getting hired not losing their jobs. The trickle effect is what is hurting the country right now.
    Vinny O'Hare - OPM - Contact Info email: vinny at teamloxly.com ~ 702-582-6742 Twitter

  10. #10
    Affiliate Manager PingoPrepaidCallingCards's Avatar
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    Well, will you finally be able to drive across america and not see the same national dept store strip malls.......Or will it just be replaced with a giant WalMart's in every town.....
    Brian Hawkins AM @ [URL=http://www.pingo.com/affiliate.do]Pingo[/URL] Earn up to $35 CPA for a [URL=http://www.pingo.com/p/onedollar/onedollar.html]$1 trial offer[/URL]!
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  11. #11
    ABW Ambassador Greg Rice's Avatar
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    Quote Originally Posted by nyfalcon
    People losing their jobs means less people shopping online. There is no good thing about brick and mortar stores closing.

    The malls can't pay their loans to the banks and can't pay their property taxes which means the state has to find a way to make up the difference and they do that by raising your property tax.

    No matter what business you are in you always want to see people getting hired not losing their jobs. The trickle effect is what is hurting the country right now.
    Yep. Affiliates may be able to capitalize on this but don't think any should be happy about it. This is bad for all of us in many ways.
    Greg Rice Affiliate Program Management
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  12. #12
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    I agree that store closings are bad for everyone. If the only reason for stores closing was that people were shifting their purchasing to online, that wouldn't be so bad. But stores are closing because consumers aren't buying -- and probably more important, consumers are not PLANNING to buy. Uncertainty and fear are bad for business -- everyone's business.

    And the ripple effect is not a "trickle" effect -- it is a tsunami, as hundreds of thousands of people lose jobs, and then spend less in their community so that local businesses lay off staff or shut down, and so on. The impact on sales and income tax revenue is already huge; if home prices continue to crash, then property tax revenues will slide further (as homeowners demand re-appraisals by their tax assessors, who probably already are many months behind schedule).

    What's outrageous is that the people most responsible -- reckless lenders, irresponsible borrowers, and speculative buyers in real estate -- have already received their benefits, but will never be forced to pay the cost, which (as with Enron) is many times greater than the gain.

    And of course, even after we dig out and stabilize and restore our economy, it will all happen again, in 20 or 50 years, because we are sheep.

  13. #13
    I like traffic lights
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    >and probably more important, consumers are not PLANNING to buy.

    Exactly...

    "Shoppers Cut 2008 Christmas Spending Plans in Half from 2007"

    "Shoppers around the country say they are planning to spend an average of $431 for gifts this holiday season, down from $859 last year according to the twenty-third annual survey on holiday spending from the American Research Group, Inc..."

    http://americanresearchgroup.com/holiday/

  14. #14
    Troll Killer and best Snooper!
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    Rhea's Avatar
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    The ancient Romans called it "bread and circus," and we all know what happened to them.

  15. #15
    Outsourced Program Manager TrishaLyn's Avatar
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    Circut City just filed for Bankruptcy this week and a lot of their stores are closing. Here in the Bay Area as well, all the Shoe Pavilions are closing and Mervyn's are also closing - some are already closed.

    I'm hoping that some of these big brands bowing out will drive more people to shop online - which is always good for affiliates

  16. #16
    ABW Ambassador simcat's Avatar
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    B&M stores going out of business sales often mean cheap christmas gifts. Many may buy there instead of online.

    People who DO buy online will spend less on gifts. (less commisions for us)

    Also there may be more online only merchants suddenly going bankrupt (affiliates not getting paid).

    Crappy economy will hurt many more afffiliates than it helps, IMO.

  17. #17
    Moderator BurgerBoy's Avatar
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    Quote Originally Posted by PingoPrepaidCallingCards
    Well, will you finally be able to drive across america and not see the same national dept store strip malls.......Or will it just be replaced with a giant WalMart's in every town.....
    I thought every town already has one.

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  18. #18
    What's the word? Rhia7's Avatar
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    Quote Originally Posted by Allen Nance
    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.
    Talbots had all types of stores operating. I read that they were cutting [what would be for them] the fluff and sticking with women's clothing [their original line & what they do best]

    I live walking distance to a Talbots and just popped in for fun, I didn't intend to buy anything. I saw on a sales rack a silk camisole that a woman could wear under a blazer in a gorgeous color complimentary to my mother's complexion in her size. It was originally priced at $78 and had been subsequently marked down. Today I was able to buy it at 40% off the lowest ticketed price -- I bought the silk camisole for my Mother for $20 -- I intend to give that to her at Christmas.

    Oh, and there was one in my size too so I bought one for myself when I heard it would only be $20

    Btw, don't tell Mom
    I'm lucky that no one in my family [except for yours truly] reads ABW (or at least I don't think they do)

    I can see "best price pandemonium" coming soon. Unless an affiliate is a technical wiz and can build a good price comparison site, it may be best to avoid posting prices and instead creating a clickable link that says Click here for the current/best price[s]
    Last edited by Rhia7; November 16th, 2008 at 09:26 PM.
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  19. #19
    ABW Ambassador Boom or Bust's Avatar
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    Drewbert, stop sidetracking this thread and turning it into a political rant.



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  20. #20
    More Cheesier Than Ever Cheesehead's Avatar
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    According to what was reported on the news last week, Walmart is one of the only stores reported with better sales this year in this early Christmas shopping season. All one can read from that is that people are buying cheaper gifts this year.

    At any rate, this whole atmosphere of fear and uncertainty is not desirable.
    This World is Not My Home
    We're gonna go inside, we're gonna go outside, inside and outside. . . And then we're gonna go go go and we're not gonna stop til we get across that goalline! Quotes from the movie Rudy, 1993

  21. #21
    ABW Ambassador simcat's Avatar
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    the 99c store sector seems to be doing well, probably not much room for affiliate promotion there though
    http://biz.yahoo.com/ibd/081112/general01.html?.v=1

  22. #22
    ABW Ambassador Boom or Bust's Avatar
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    Drewbert, political statements are not allowed here due to inevitable conflicts. You were warned. Your last comment has resulted in a seven day ban. Full access will be restored on Nov 23rd at 9:00PM PST.



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  23. #23
    More Cheesier Than Ever Cheesehead's Avatar
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    Quote Originally Posted by simcat
    the 99c store sector seems to be doing well, probably not much room for affiliate promotion there though
    http://biz.yahoo.com/ibd/081112/general01.html?.v=1
    I'm sure one could promote this fine. Commissions would only be about $0.04 to $0.12 per item however.
    This World is Not My Home
    We're gonna go inside, we're gonna go outside, inside and outside. . . And then we're gonna go go go and we're not gonna stop til we get across that goalline! Quotes from the movie Rudy, 1993

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