Stores to Watch Out For

We all know that the economy is not in a very good spot as we speak. I wanted to do some personal research and find out which stores were going out of business and which stores are in fear of going out of business. According to Forbes.com Circuit City, Linens ‘N Things and Mervyn’s stores are all going out of business! More pain is predicted along the way as a women’s survey suggested that one third of the women claimed they did not plan on purchasing any new clothing in 2009! Lane Bryant, Gap, and Starbucks are some of the companies that we are supposed to keep our eye on, as they are not predicted to do well in the New Year.

Research suggests that the market will not be the same for a long period of time and could take easily up to 10 years to get back on track. Eddie Bauer, Pacific Sunwear, along with Zales, the big jewelry chain are other stores to keep watch over. All of these retailers are currently having a really hard time making it in the market. It is tough to survive right now and only the strongest will survive as retailers struggle more and more. Stay tuned for continued up dates…