Monday, November 17, 2008

Marketing Online is the Answer to Stores' Shutdowns

A friend of mine just sent a long list of store closings and it made me think of the perfect solution all these stores might want to consider if feasible.

Online storefronts.

Why in the world don't they realize all the money they will save? All they have to do is learn how to market online and it's not all that difficult. I do it and if I can do it, why can't the bigwigs of these companies below do it, too?

Here's the email my friend sent me and a few words of warning just in case you're using store money cards and gift cards:

It seems there are lots of stores that are closing due to the "recession" and the fact that people are not shopping. If you have any "gift cards" from these stores, make sure you use them, or you will
lose them.

Watch those store money cards and gift cards.. and credit slips! Stores that informed the Security Exchange of closing plans between October 2008 and January 2009.

Circuit City stores... most recent (? how many)

Ann Taylor- 117 stores nationwide are to be shuttered

Lane Bryant,, Fashion Bug ,and Catherine's to close 150 stores nationwide

Eddie Bauer to close stores 27 stores and more after January

Cache will close all stores

Talbots closing down all stores

J. Jill closing all stores

GAP closing 85 stores

Footlocker closing 140 stores more to close after January

Wickes Furniture closing down

Levitz closing down remaining stores

Bombay closing remaining stores

Zales closing down 82 stores and 105 after January.

Whitehall closing all stores

Piercing Pagoda closing all stores

Disney closing 98 stores and will close more after January.

Home Depot closing 15 stores 1 in NJ (New Brunswick)

Macys to close 9 stores after January

Linens and Things closing all stores

Movie Galley Closing all stores

Pacific Sunware closing stores

Pep Boys Closing 33 stores

Sprint/ Nextel closing 133 stores

JC Penney closing a number of stores after January

Ethan Allen closing down 12 stores.

Wilson Leather closing down all stores

Sharper Image closing down all stores

K B Toys closing 356 stores

Lowes to close down some stores

Dillard's to close some stores.

Pfaltzgraf (Hope I spelled that right) all stores & outlets to close (mail order business will continue)

Faberware to close all stores & outlets (will do mail orders only )

The secret to staying afloat if you are still able to do it at this point? Low prices and online storefronts.

And, I'm wondering, of the stores mentioned above where there will be still some afloat, where in the country would they be located? Would we have to drive for miles and miles to buy something from them or rely on the few remaining stores left in our neck of the woods?

It's getting crazy and scary.


5 comments:

  1. I agree, it is scary. That's one of the downsides to online buying. Workers in stores are negatively impacted when people purchase online. Online deals are often significant, and with free shipping many times, why bother with driving to the mall.

    Cheryl

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  2. I know what you're saying but I'm thinking it's the wave of the future unless a miracle happens.

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  3. Mervyn's is closing all it stores in California. Circuit city is filing for bankruptcy.

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  4. One of my favorite "brick and mortar" places is (big surprise here) Barnes & Noble. I can get lost in that place for hours on end -probably could exist there for weeks I think. However, the closest store to me is about 38 miles from my home and I don't get over to that area very often anymore but I still shop -a good bit -at B&N via their great website! I use my membership card liberally to make purchases for birthday and Christmas gifts -especially for my grandson -and do it all in the comfort of my home. And I love it!

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  5. I have a family memeber who is a police officer and they got this list too..scary isn't it..

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