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New York's Legendary Hotel Chelsea To Close Its Doors

Filed under: MadonnaR.I.P.Etc.Sad Sad


So long, Hotel Chelsea.

The legendary New York hotel is closing its doors after being in business for over 100 years.

The 100 sq. foot hotel

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Oprah's Closing Up Shop

Filed under: Oprah WinfreyBusiness Blitz


If you planned on visiting Chicago to pick up an Oprah souvenir before the show goes off the air you don't have much time.

By mid-June all the Oprah Stores, kiosks and online shop will be gone for good.

The good news in all of this? Each location is has already started marking things on sale!

It may not be Oprah's Favorite Things, but at least it's something.

[Image via AP Images.]

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In The Heights Closing On Broadway!

Filed under: Broadway Babies

in the heights closing on broadway in 2011

After running almost three years on Broadway, In the Heights will give its final performance on Sunday, January 9, 2011.

The show won four Tony Awards in 2008 including Best Musical, Best Music and Lyrics, Best Choreography, and Best Orchestrations. It also took home the 2008 Grammy Award for Best Original Cast Album.

It had an amazing run!

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Saks Shutters More Stores

Filed under: Business Blitz


More bad news Saks Fifth Avenue.

After shutting down both the Portland and San Diego locations in May, the luxury department store has decided to close the Saks in Southampton as well as their Off 5TH in Reno.

Saks CEO Steve Sadove explained:

Store closing decisions are difficult ones to make, but the planned closing of these two locations is consistent with our strategy of deploying our resources in productive stores and closing underperforming stores, when feasible.

Wonder which stores are next???

[Image via AP Images.]

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American Eagle To Close Some Stores

Filed under: Business Blitz


Bad news for American Eagle.

The company is set to close 50 to 100 stores over the new few years.

Currently they have 934 stores open. And that’s after closing 20 of their stores already over the past year.

Turns out their latest earnings report show a loss of 66%.


And to cut loses, they’re also planning on closing its Martin + Osa division.

While American Eagle is hoping that closing those stores will increase their profits, many will soon be out of their jobs.

Are U an American Eagle shopper? Let's hope they don't close a store near U.

[Image via AP Images.]

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