Metropolitan Museum of Art closing stores

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This one just bubbled up: the Metropolitan Museum is closing 15 stores nationwide in a cost-cutting move. The museum only had 23 stores, so this is a substantial resizing. The news resurfaced in conjunction with reports of layoffs and financial losses in the museum's endowment. No operating plans are planned for the museum itself.

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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

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This page contains a single entry by David Wertheimer published on March 13, 2009 8:07 PM.

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