Pluto In Capricorn: Watching Business Die Redux – Going Out Of Business After Christmas – January 2010 – Updated
Astrology in real life
With Pluto in Capricorn we can be assured of a few things. One of them is that many businesses will die. I write about this periodically. It’s not the most popular topic but one I am very interested in.
This piece is meant to update an earlier piece, Watching Business Die . You can also click the tags below or this one – my personal favorite – Black Market to read more on my take on this but anyway I was thinking that with Pluto retrograde we’d not be talking about this so much.
When a planet retrogrades it does see things ease off but then I got this list:
Linens and Things
Pep Boys
Foot Locker
Wilson Sport
Ann Taylor
Pier One
Zales Jewelers
All of these businesses will be closing, December after their Christmas sales. They will join, Circuit City, Sportsman’s Warehouse, Mervyns, and many other large chains that have closed their doors.
Note that Pluto will be direct at that time and I am sure this list will grow between now and then as will the impact on our day to day lives.
I spend a lot of time analyzing this stuff with my primary focus on discerning who will survive. Because once these businesses go down it’s going to be, “Ann Who?”
To me this is like a plague sweeping through our cities leaving empty shells where business once thrived and no one even talks about it.
29 Responses to “Pluto In Capricorn: Watching Business Die Redux – Going Out Of Business After Christmas – January 2010 – Updated”
man, I like Pier One. they have some funky, cheap stuff. shoot.
I’m wondering how long Lowe’s and Home Depot can both stay in business. it seems like one or the other will have to fold.
satori – if that is true then Target goes down… not sure it’s true though.
Lots more mall stores are going to close those and once they start it will be like dominoes falling.
I love target, how I love target. I never buy anything anymore but someday when I do I want target to still be there. I think they’ll make it.
ok, satori now I really need to know: do you love it so much you pronounce it “tar-zzshjay”?
oh no, never, I respect it too much for that kind of tomfoolery.
a lot of those have already left here. there’s empty storefronts popping up like mushrooms. time for a new business model…
somehow.
Elsa, I, for one, find this fascinating and appreciate you writing on this topic. My sweetie thinks I’m morbid and depressive and fascinated with “the end” and never got my fascination with this stuff until I explained to him that it wasn’t THE END I am interested in but in people’s reactions. How do we change and adjust in response. How does that shape or re-shape our culture, choices, options, decisions. Does that make our lawn mower that more valuable that we’ll repair it with the neighbor down the street that will take something in trade for it? What do we do without first?
So please keep talking about this, well, as long as you are interested in it. I will be a ready and waiting audience 
Ironically, I went to IKEA recently and found it overwhelmingly packed and long long lines. They had one small thing I needed for our bathroom as we’re taking on another poor un-homed soul.
I thought we were in an economic downturn but not there. Definitely not there.
I can relate mudlike, to the interest in humans’ reactions to change around them. It’s inspiring to me, to watch humans blossom like the proverbial lotus flower that grows in the mud.
I am finding this subject very interesting!
Here is an updated list I am seeing floating around out there:
* Circuit City
* Ann Taylor closing 117 stores
* Lane Bryant, Fashion Bug, and Catherine’s to close 150 store nationwide
* Eddie Bauer to close stores 27 stores and more after January
* Cache will close 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 New Brunswick, NJ
* 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
* Loews to close down some stores
* Dillard’s to close some stores
I was actually just talking about this with a few co-workers yesterday, and they speculated that more people might move into cities (instead of the “sprawl” that we’ve seen over the years) and communities will have to change in response to these big box stores closing shop.
Times are a changin’, that’s for sure.
I could not find a basic men’s flannel robe for the soldier locally and I spent more than 1/2 a day looking, combed an entire mall before coming home to order online. That’s fine but there goes my neighbor’s jobs who work in retail. 
man, what a list!
i’m seeing places go out of business in my small town, seeing my friends lose their jobs, and seeing those that still have them worried about them, many of whom expect them to not last much beyond the end of the year.
i have taken a page from your book, elsa, and started paying the small businesses i frequent in cash.
I see Neptune conjunct Jupiter giving us an illusion that the economic recession is over. Just look at some of the headlines out right now! But deep inside I don’t think it’s gonna be over that quick. Or maybe the worse hasn’t even begin?
I keep thinking about more equity in earnings too. Less at the top end and more to the bottom. No one needs several million dollar homes scattered around the country. Saturn in Libra thought . . .
WOW, Elsa, thanks for that list. I read from the bottom and didn’t even realize this was a Pluto in Capricorn blog… I was thinking Saturn in Libra, reduction of my shopping choices. And Elsa, I also really hate that you can’t find basics of anything, and I hope somehow this brings back simplicity in fashion. I do admire that you made the effort to troll your local mall first!
satori, hear hear on the Target love.
Hell maybe I DO need to learn how to sew. It’s not like that many stores carry my size anyway …
OK that aside, I bet IKEA is thriving because people are willing to do a bit more work now (it’s all self-assemble stuff) and save more money. This is exactly the kind of store I would expect to thrive in the downturn. Home Depot goes, but IKEA stays? I can see it happening.
Though that makes me wonder, what happens to all those day laborers if the Home Depot closes? See, it’s never just the one thing. If the Home Depot goes, not only do we lose a store, but a hub for information for other people who are … you got it, looking for work.
Wow. Sobering stuff here.
Well I think if we don’t change up, we are going 3rd world.
That is, very, very few will be privileged and have access to goods and the rest will all go to Wal-mart, scrape and scrimp to live and there will be nothing in between.
Jesus Christ, this is what I fear.
last month Golden Gate Capital bought first Eddie Bauer and then J.Jill. whew. I love J.Jill (aka Clothes for Pisces).
I agree with Elsa about no middle class. Already higher education is starting to become mostly for the rich again.
I’d like to see them try some more bailouts during Saturn in Libra and stand back and watch everyone complain about how fair or not it is ha ha.
I read this story today and immediately thought of you. Not business related – but a little sign of a shift in perspective perhaps.
Well if you look at the list you can see what’s happening (who is disappearing) pretty clearly.
Lane Bryant noooooo.
Oh my! Thanks for the list, Elsa. I wasn’t aware of any of the impending closures, apart from Circuit City, and Ann Taylor. I wonder if some of them will continue to trade on-line (e.g. J.Jill – I hope so.)
Our small-ish town lost its J.C. Penny a long time ago, and Dunlaps went last year. Only bright spot is that if many of the big chains close it might open the gate to small independent boutiques once again. (Wishful thinking?)
“Only bright spot is that if many of the big chains close it might open the gate to small independent boutiques once again. (Wishful thinking?)”
It is probably wishful thinking but I have thought about this and think it is pretty easy to see who is going to make it and who is not. I am going to write about this as soon as I get my nerve up, LOL
Looking forward to reading more on this subject and I would love to get your take on who’s gonna make it, and who’s not, Elsa.
Growing up near a small college town, we had a very limited number of clothing stores and like two grocery stores. We may be headed in that direction once more – only the online version.
**Hey Satori! Agree with you about J.Jill! That’s where I head when I want a comfortable but unique look in natural fibers. Great colors too.
Well Neith, I can absolutely tell but it is complicated because there is more than one way you can make it… and I am sure there are some ways I have not thought of that others will so I guess it would be more accurate to say I know who is NOT going to make it and I can also tell you some who will make it and why.
Most notably, this comes out of my own head, I want you to know. I do not puke up what I heard elsewhere. I know this stuff because of my entire life experience criss-crossed and overlaid with the various people I know or have known who I have listened to over decades!
In other words, I’ve got Capricorn and I am old enough where it can pay!
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Pep Boys? Manny Moe and Jack? Wow, I remember them from when I was really little. Same with Zales Jewelers.
I’ve heard, too, that a lot of businesses are threatening to close down in order to get their employees to take serious pay cuts.