Where You Won’t Shop in 2009

For too many customers now, it’s McDonald’s or bust.

If you thought my predictions for 2009 were dire, have a look at this new article put out by Forbes. They are predicting closures and failures on a massive scale. Just a few of the stores they expect to have difficulties for the year include:

Lane Bryant
Gap
Starbucks
Sears
Zales
Eddie Bauer

By many projections this is just the start. Things won’t bottom out for some time to come. We’ve also seen plenty of news about layoffs hitting just about every sector of business. Even multi-billion dollar organizations are closing plants and trimming back on employees.

So what’s your plan for 2009?

While industry executives and shoppers will remember 2008 as the year the party ended, figure 2009 to be the year of the hangover. Already, Circuit City, Linens ‘N Things and Mervyn’s stores are going away. Sharper Image is too, though the company will continue to sell some of its high-end gadgets through license agreements with other retailers.

More pain is on the way. One-third of U.S. women recently surveyed by America’s Research Group said they plan no clothing purchases–none–in 2009. Normally, it’s just 4%. That means the market is still far too saturated with stores.

Where you won’t shop in 2009

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