ARMS Releases First Round of Future Retail Store Closures for 2012

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Over A Hundred Planned Closings Include Sears, Kmart, J.C. Penney, Toys R Us And More

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"Our TNT Database has become a tool of choice for real estate companies, landlords, real estate brokers whose profession is dependent upon being fully informed on significant changes in space availability."

ARMS (Accounts Receivable Management Solutions), an affiliated company of Information Clearinghouse, Inc., released last week the latest list of planned retail store closings for 2012 in the Tomorrow’s News Today (TNT) Database.

The TNT Database now includes the initial 79 Sears/ Kmart locations closing in conjunction with the company’s 2012 business plan, in addition to other store closures of interest such as J.C. Penney, Target, Petco, Barnes & Noble, Old Navy, Bon-Ton, Toys R Us and more. Through extensive research, ARMS is able to provide closure and/or layoff details for companies throughout the U.S. The database, which is kept current and updated daily, includes the number of employees, effective date and the precise location of the store, warehouse or manufacturing facility.

Lawrence Sarf, Chief Executive Officer, commented: “Now that we are beginning to see the early signs of economic recovery, retailers are going to need to position themselves to realize the greatest sales lift from a revitalized consumer. For some, that may mean closing weaker stores to preserve capital for reinvestment in a more focused store base. A store about to close is a loss of brand exposure for the seller, but it is also an opportunity to get in front of the competition in determining what other local retailers will gain from the closure. National consumer goods manufacturers can use the database to minimize surprises. Likewise, our TNT Database has become a tool of choice for real estate companies, landlords, real estate brokers whose profession is dependent upon being fully informed on significant changes in space availability. Management in virtually all disciplines need, more than ever, to take full advantage of all tools available. Our TNT is definitely a ‘glass half full’ product for sales, marketing, distribution, real estate and financial executives.”

Lawrence Sarf has over 45 years of hands-on, practical experience in numerous retail industries. His experience and industry knowledge has made him a recognized and respected expert in financial, operational, marketing and insolvency matters.

Market Service Inc. (t/a ARMS), (http://ww.fdarms.com) along with sister companies F&D Reports (http://www.fdreports.com) and Creditntell (http://www.creditntell.com), are recognized as the premiere financial consulting services with respect to nearly 20 retail channels of distribution. For a sample look at this truly unique database, contact Lori Ziegler at 1.800.789.0123 ext.148 or visit http://www.fdarms.com to request a trial password.

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Lori Ziegler
ARMS
1-800-789-0123 148
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