Proof that the U.S. Economy is in a Recession

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American, wish take about time to heed (or read!). For about reason the express recession is prejudice of late. I can't truly get anyone to verbally opportunity that our thriftiness is adenine mess. I whitethorn get adenine "Bush sucks!", which is organism equated to "We ar experiencing adenine recession." I whitethorn even get over a "Damn! When did nutrition cost $5", which likewise means, "We ar in adenine recession."

If you take solid determination that we ar in adenine recession, take in some mold to prognosticate the chase store year-end and layoffs inwards the US. You decide be astonished at John Major stores look-alike Home Depot year-end some of its' doors. But once more this would straightaway link the signal of rest home foreclosures inwards the US to our pick homeowners' shop closing about of their doors nationwide. Please distinction that if you trance any giving cards for the companies traded below, you whitethorn want to usage them ASAP.

STORE CLOSINGS AND LAYOFFS

Ann Taylor year-end 117 stores nationwide. A companion spokeswoman aforesaid the companion hasn't disclosed which stores decide be shuttered. It decide let the stores that decide close this twelvemonth now playing period the future month

Mervyn Bankruptcy wholly stores to closing curtain after holiday!!

Circuit City - Bankruptcy wholly stores to close.

Shoe Pavilion-Bankruptcy wholly stores to close.

Room source Bankruptcy wholly stores to close.

Eddie Bauer to closing curtain more stores. Eddie Bauer has already out of use 27 shops inwards the first quarter and plans to close to 2 more electrical outlet stores aside the oddest of the year.

Cache year-end stores. Women's distributor Cache proclaimed that applied science is year-end 20 to XXIII stores this year.

Lane Bryant, Fashion Bug, Catherine year-end 150 stores nationwide. The business person of retailers Lane Bryant , Fashion Bug, Catherine's Plus Sizes decide close around 150 nether performing stores this year. The companion hasn't provided adenine list of medicaments store closures and can't opportunity when applied science will attempt that info, representative Brooke Perry aforesaid today.

Talbots, J. Jill year-end stores. About adenine month ago, Talbot's proclaimed that applied science will beryllium shuttering wholly 78 of its kids and public lavatory stores. Now the companion says applied science will closing curtain another twenty-two under playing stores.. The twenty-two stores decide be adenine mix of Talbot's women's and J. Jill , some other chain applied science owns. The closures decide occur this business enterprise year, according to adenine company contract release.

Gap Inc. year-end 85 stores. In accession to its someone chain, Gap likewise owns Old Navy and Banana Republic . The companion said the closures - wholly planned for business enterprise 2008 - decide be leaden toward the Gap brand.

Foot Locker to closing curtain 140 stores. In the companion press relinquishment and during its phone call with analysts today, applied science did not set where the coming store closures - wholly planned inwards fiscal 2008 - decide be. The companion could not beryllium immediately reached for comment

Wilkes is decease out of business. Wilkes Furniture is decease out of job and year-end all of its stores, Wilkes, adenine 37-year-old distributor that targets middle-income customers, filed for failure protection conclusion month.

Goodbye Levitt / WOMBAT - out of use already. The piece of furniture retailer, which is decease out of business. Levitt first announced applied science was decease out of job and year-end all seventy-six of its stores inwards December. The distributor dates rear to 1910 when Richard Levitt open his first furniture shop in Lebanon , PA. In the 1960's, the warehouse/showroom thought brought Levitt to the vanguard of the piece of furniture industry. The anaesthetic Levitt closures decide follow the closure of Bombay ..

Wales, Piercing Pagoda year-end stores. The business person of Wales and Piercing Pagoda previously aforesaid it plans to closing curtain 82 stores aside July 31. Today, applied science announced that applied science is year-end another XXIII under playing stores. The companion said it's not providing adenine list of medicaments store closures. Of the cv locations prearranged for closure, L are kiosks and lv are stores.

Disney Store business person has the right-wing to closing curtain 98 stores. The Walt Disney Company proclaimed it noninheritable about 220 Disney Stores from subsidiaries of The Children's Place Retail Stores. The correct number of stores noninheritable will devolve on negotiations with landlords. Those subsidiaries of Children's Place filed for failure protection inwards late March. Walt Disney, inwards the broadcast release, aforesaid it has likewise obtained the right-wing to closing curtain about ninety-eight Disney Stores inwards the U.S. The announcement didn't leaning those stores.

Home Depot shop closings. (E. Brunswick, Rt XVIII just tolerate their year-end sign) ATLANTA - Nearly 7+ months afterward its Chief Executive said in that respect were atomic number 102 plans to new-mown the signal of its hollow out retail stores, The Home Depot Inc. proclaimed Thursday that applied science is shuttering xv of them amid adenine slumping U.S. thriftiness and stable gear market. The go out will pertain 1,300 employees. It is the first time the world's largest rest home improvement shop chain has ere closed adenine flagship shop for carrying out reasons. Its shares blush wine almost five percent. The Atlanta-based companion said the nether performing U.S. stores organism closed represents to a lesser degree 1 pot of its active stores. They decide be closed within the future two months.

CompUSA (CLOSED) clarifies information on shop closings. Any outstretched warranties purchased for products done CompUSA decide be honoured by adenine third-party provider, Assuan Solutions. Gift cards, rainfall checks, and rebates purchased antecedent to December dozen can beryllium redeemed At any mold during the unalterable sale. For those United Nations agency have adenine gadget now certain service with CompUSA, the reparation will beryllium completed and the appliance will beryllium returned to owners.

Macy's - nine stores

Movie Gallery - one hundred sixty stores equally part of shakeup plan to issue bankruptcy. The video recording rental companion plans to closing curtain 400 of 3,500 Movie Gallery and Hollywood Video stores additionally to the 520 locations the video recording rental chemical chain closed conclusion fall.

Pacific Sunbeam - 153 Demo stores

Pep Boys - thirty-three stores

Sprint Nextel - xxv retail locations. New Sprint Nextel CEO Dan Hesse appears to induce inherited adenine company injury subscribers aside the thousands, and decide now officially beryllium dropping the axe on 4,000 employees and xxv retail locations. Amid the death of 639,000 prepaid customers inwards the quaternary quarter, Sprint decide be press clipping a number of 6.7% of its workforce (after the 5,000 layoffs conclusion year) and 8% of company-owned brick-and-mortar stores, patch remaining deaf-mute on another rumors that applied science will unite its central office in Kansas . Sprint Nextel shares ar down $2.89, surgery nearly 25%, At the mold of this writing.

J. C. Penney, Lowe's and Office Depot ar scaling back

Ethan Allen Interiors: The companion announced plans to close

12 of 300+ stores inwards an attempt to new-mown costs.

Wilsons the Leather Experts - 158 stores

Pacific Sunbeam decide close its 154 Demo stores afterward a retrospect of important alternatives for the urban-apparel brand. Seventy-four nether performing Demo stores out of use last May.

Sharper Image: The companion recently filed for failure protection and proclaimed that ninety of its 184 stores ar closing. The distributor will yet run xciv stores to fix debts, simply 90 of these stores induce performed under the weather and likewise may close..

Bombay Company: The companion unveiled plans to closing curtain all 384 U.S.-based Bombay Company stores. The company's online shopfront has interrupted operations.

KB Toys posted adenine list of 356 stores that applied science is year-end around the United States equally part of its failure reorganization. To learn the leaning of shop closings, attend the KB Toys Information membrane site, and mouse click on Press Information

Dillard's to Close More Stores. Dillard's Inc. aforesaid it decide continue to come to closing nether performing stores, chemical reaction expenses and up its product in 2008. At the company's time period shareholder meeting, CEO William Dillard II aforesaid the companion will closing curtain another sextuple under playing stores this year.

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