COVINA - Alin Party Supply and Party Depot, a Cerritos-based retailer of party supplies, is closing four of its six stores. The 40-year-old, family-owned company has fallen victim to an economic downturn in which many are unemployed, while others have lost their homes or are struggling to hang onto them.
PROVIDENCE, R.I. (AP) -- The Tim Hortons chain of coffee shops says it has closed 36 restaurants and will shut down 18 kiosks in New England, with two in Maine set to shut, neither one in the Lewiston-Auburn area. A spokesman for the company said Thursday that restaurants in Westbrook and Windham would stop doing business. Two others would be opening in Maine: one in Lincoln and one in Madawaska. The total number of restaurants in Maine would remain at 30.
The Alabama-based company that operates the Hollywood Video and Movie Gallery video rental stores is closing 10 of its location in Connecticut, including stores in Cheshire and Orange. The closings are part of cost-cutting strategy that Movie Gallery Inc. -- which owns both chains -- had announced last week. But the specific locations in Connecticut that are closing weren't identified until this week.
The struggling Borders bookstore chain is prepared to begin closing its 399 remaining stores as early as Friday - a move that eventually will include the company's Arcadia location. A representative from the Arcadia store said that store's closure won't happen right away.
The Secaucus-based Marty's Shoes discount chain will close all 47 stores and liquidate operations, according to documents filed in the company's bankruptcy petition, which had its first hearing Tuesday in U.S. Bankruptcy Court in Wilmington, Del. The 34-year-old company, named after founder Martin Samowitz, filed for Chapter 11 protection on Friday. The chain, which has 10 stores in North Jersey, began liquidation sales in August. But employees said Tuesday that the news that all stores would close took them by surprise.
CORRECTION; from 23.03.2004: An article in the Business section Saturday about the closing of Festival Foods supermarkets incorrectly stated that the supermarket at 6300 W. Brown Deer Road, Brown Deer, already is closed. It will close by April 1, along with four other Festival stores in the Milwaukee area.
J. Wright discount stores in El Monte and La Puente will shutter their doors by mid-February, TJX Cos., the national chain's owner, announced Friday. The stores will be part of TJX's plan to eliminate the chain completely by closing 71 stores nationwide and converting the remaining 91 into Marshalls, TJ Maxx or HomeGoods stores. TJX also owns those three chains.
The last Waldenbooks stores in Virginia - including two in Hampton Roads - are scheduled to close by the end of January. The bookstores at Greenbrier Mall and Chesapeake Square, both in Chesapeake, are the last local sites remaining of the mall-based chain. Waldenbooks stores in Charlottesville and Glen Allen are also closing.
The saying goes that when God closes a door, he opens a window. So when the Borders bookstore chain - the nation's second- largest - finishes closing all of its stores this month, Christian retailers see a window of opportunity in the death of a mega- competitor that once threatened to put them out of business.
Orchard Supply Hardware, which has operated at its Foothill Boulevard location in Rancho Cucamonga since 1997, will close at the end of the year. The Rancho and Fresno stores are the two in the San Jose-based hardware retailer chain that are closing at this time.
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