Rumored Closings Ruining Retailers
I remember the e-mail well. My mother-in-law - God bless her - is good for forwarding a few e-mail chain letters my way daily. This one during the Christmas season alerted the readers that a bunch of retailers were going to go out of business immediately after Christmas, and that you shouldn’t buy gift cards from any of them.
My initial reaction was that Talbots, one of the merchants on the list, was not going out of business. We’d written enough about their woes that I knew it was a hoax. But this USA Today article shows that other recipients (like my mother-in-law) were gullible. more
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We’ve been writing a lot lately about Talbots, and not a lot of it had been positive. The women’s apparel and accessories retailer/cataloger has struggled to turn a profit since it acquired J Jill for gobs and gobs of money in 2006. 
