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Tag:
Retail Industry
Bayonne, NJ
Business
Eight GameStops Closing In New Jersey: Here's The List
GameStop, the video game retailer, is shuttering nearly 300 locations nationwide this month and the Garden State is one of the hardest hit states. Eight stores are closing or have closed throughout New Jersey. According to a blog dedicated to tracking GameStop closures, the stores closing in New Jersey are: Bayonne: South Cove Plaza, 205 Lefante Way Deptford: Deptford Landing, 2000 Clements Bridge Rd, closed Wednesday, Jan. 7 Newark: 786 Broad St. North Bergen: 2100 88th St. at Tonelle Ave., closed Wednesday, Jan. 7 South Plainfield: 4959 Stelton Rd. Somerdale: Town Square Plaza…
Hartford, CT
Business
'Grinch Economy' Stealing Holiday Cheer From Most Americans, Survey Finds: Here's Why
Most Americans are expecting the holiday season to feel a little less bright as economic conditions worsen for many families, according to a new survey. WalletHub released its 2025 Holiday Shopping Survey on Tuesday, Nov. 11. The personal finance website found that 65% of Americans say the "Grinch Economy" will make the holiday season "less fun." The survey showed that Americans are concerned about rising prices, President Donald Trump's tariffs, and shrinking paychecks. "People across the country are getting into the holiday spirit right now, just like clockwork, but the festive…
Tewksbury, MA
Business
Market Basket Fires CEO Arthur T. Demoulas After Bitter Battle; What's Next For Grocery Chain?
Market Basket’s board has voted to remove CEO Arthur T. Demoulas, setting off another fight over the future of the New England grocery chain. The board accused Demoulas of acting in his own interest. In a complaint filed in Delaware court obtained by NBC, directors wrote: "Mr. Demoulas' conduct has been at all relevant times contrary to the best interests of Market Basket and all its constituents, and is directly only at preserving his own power. That is not how the leader — the President and CEO — of an iconic company like Market Basket is supposed to or required to act." Demoulas is pushi…
Hartford, CT
Business
Bed Bath & Beyond Returns: First New Store Opens, Dozens Planned In Comeback
Bed Bath & Beyond is officially making its comeback, opening its first physical store since the last location shuttered more than two years ago. The new store, called Bed Bath & Beyond Home, opened in Brentwood, Tennessee, on Friday, Aug. 8. The Brand House Collective is planning to start with six locations in the greater Nashville area. The launch marks the first phase of a broader rollout that could see about 75 stores open by the end of 2026. Brand House was previously named Kirkland's until shareholders approved the company's name change in late July. T…
Hartford, CT
Business
Target Reportedly Ends Popular Price-Matching Perk Amid Slumping Sales
Target is ending its perk that matches competitors' prices as the retail giant struggles throughout 2025, according to reports. The price-matching program for deals on Amazon, Walmart, and other online retailers will end on Monday, July 28, Retail Dive reported. Target will only match its own prices up to 14 days after a purchase, either through cheaper prices online or if an item is discounted. A spokesperson said the decision comes after the chain found that shoppers "overwhelmingly price match Target and not other retailers." "We're always working to deliver consumers outstanding value …
Fairfax, VA
Business
Dollar Tree Completes Family Dollar Sale For $1B Amid
Va-b
ased Discount Chain's Struggles
Dollar Tree has finalized the sale of its struggling Family Dollar chain to two investment firms for a little more than $1 billion. Brigade Capital Management and Macellum Capital Management have completed their $1.007 billion cash purchase of Chesapeake, Virginia-based Family Dollar. The deal was first revealed in March and Dollar Tree announced the sale's completion in a news release on Tuesday, July 8. Dollar Tree said it expects to receive about $800 million after taxes and other adjustments, including $665 million paid at closing. "The completion of this transaction marks a defining m…
Manchester, CT
Business
Major Home Goods Chain Declares Bankruptcy, Blames Trump Tariffs: See List Of Closing Stores
A popular home goods retailer is declaring bankruptcy, citing President Donald Trump’s sweeping tariffs and a significant drop in consumer spending. At Home has filed for Chapter 11 bankruptcy, the Dallas-area company announced on Monday, June 16. The retailer said it reached a deal with lenders to eliminate nearly $2 billion in debt and receive a $200 million capital infusion. The move will allow At Home to continue operating during the court-supervised restructuring process. "We are continuing to offer the home furnishing pairings that customers expect to find at our store…
Manchester, CT
Business
Dick's Sporting Goods Buying Foot Locker In $2.5B Deal: Here's Why
Dick's Sporting Goods is buying Foot Locker in a $2.5 billion deal, as the major sports brands try to cash in on Nike partnerships and sneaker culture. Dick's and Foot Locker announced the acquisition in a joint news release on Thursday, May 15. The deal will allow the Western Pennsylvania-based Dick's to have its first international presence, since the athletics apparel chain only has stores in the US. Foot Locker runs 2,400 stores in 20 countries, including brands like Champs Sports and atmos. "We believe there is meaningful opportunity for growth ahead," said Dick's executive chair…
Doylestown, PA
Business
New Stance On Tariffs By One Of America's Biggest Grocery Store Owners Could Protect Prices
Albertsons Companies is warning its suppliers: don't expect to pass tariff costs on to us, and definitely don't think we'll pass them on to our shoppers. In a letter sent to suppliers in March 2025, Albertsons told vendors that, with few exceptions, it "is not accepting cost increases due to tariffs," according to reporting by BoiseDev. The grocery giant further advised that any tariff-related surcharges added to invoices without prior approval could cause disputes and payment delays. Supermarket News and Grocery Nerd confirmed that suppliers seeking an exception must submit a detailed…
Arlington, VA
Business
Price Hikes Likely At Best Buy, Target As Trade Wars Escalate, CEOs Say
Shoppers at Best Buy and Target should prepare for higher prices as new tariffs on imports from Mexico, Canada, and China disrupt supply chains, according to the companies' CEOs. The heads of the retail giants sent out warnings about likely price hikes for everything from fresh produce to expensive electronics. On Tuesday, Mar. 4, President Donald Trump officially enacted 25 percent tariffs on goods from Mexico and Canada, along with raising tariffs on Chinese imports to 20 percent. Best Buy CEO Corie Barry said the chain heavily relies on China and Mexico as its top two…
Bristol, CT
Business
Walmart To Lay Off, Relocate Over 800 Workers, Report Says
Over 800 employees across three Walmart regional facilities may face layoffs, according to a new report. The affected locations include Hoboken, New Jersey, with 481 employees; Charlotte, North Carolina, with 267; and San Bruno, California, with 79, according to Supermarket News, which said some of the workers may choose to relocate in the weeks ahead. While the offices in Hoboken and San Bruno will remain open, the Charlotte office is set to close, the outlet reported. The Worker Adjustment and Retraining Notification (WARN) notices filed with state labor departments in New Jersey, …
Albany, NY
Business
Major Grocers Putting Limits On Egg Carton Purchases
Egg shortages are hitting grocery stores nationwide, prompting retailers to impose limits on how many cartons customers can buy. Major chains, including Trader Joe’s, Costco, and Whole Foods, have restricted egg purchases as supply chain disruptions and an ongoing avian flu outbreak send prices soaring. Some locations are limiting customers to one or two dozen eggs per visit in an effort to prevent stockpiling and ensure availability for more shoppers. What’s Behind Egg Shortages? The latest bird flu outbreak has severely impacted egg production, with millions of chickens culled to …
Westbury, NY
Business
Long Island Costco Workers Practice Picketing, Union Approves Strike Over Retailer's 'Greed'
Workers at America's largest wholesale retailer may soon go on strike as the corporation has seen profits skyrocket in recent years, union officials said. Costco workers nationwide voted by an overwhelming 85-percent margin to authorize a strike, the International Brotherhood of Teamsters said in a news release on Monday, Jan. 20. The Teamsters cited the retail giant's dramatic surge in net profits and refusal to offer a fair contract. More than 18,000 union-member employees are set to strike if a new agreement isn't reached by the time the current one expires on Friday, Jan.…
Meriden, CT
Business
Goodbye, Ruby Tuesday: Restaurant Pulls Out Of Meriden Mall: Report
The Rolling Stones called it 58 years early. Ruby Tuesday is pulling up stakes from the Meriden Mall, leaving just two locations for the casual dining chain in Connection, CT Insider reported on Friday, Jan. 10. Per the report, the restaurant closed on Tuesday and has been removing equipment from the building. This marks the latest major chain to pull out of Meriden Mall, including Dick's Sporting Goods, Charlotte Russe, Forever 21, and Ramani's Clothiers among others. A call to Meriden Mall's leasing offices was not immediately returned. The two remaini…
Drexel Hill-Upper Darby, PA
Business
Macy’s Closing 4 PA Locations Including Wanamaker Center City Philly Store
Macy’s, Inc. confirmed Thursday, Jan. 9, that its Center City Philadelphia store in the historic Wanamaker building will close, along with three other Pennsylvania locations, as part of the company's nationwide "Bold New Chapter" strategy. The Wanamaker building store at 1300 Market Street will shut its doors permanently, along with Macy’s locations at: Logan Valley Mall Exton Square Mall Wyoming Valley Mall These closures are part of Macy’s plan to eliminate 150 "underproductive stores" over three years, allowing the retailer to focus resources on 350 "go-forward" locations nationwide, …
Hartford, CT
Business
400+ REI Employees Laid Off, Outdoor Retailer Ends Adventure Travel Program
More than 400 employees will lose their jobs as REI closes its Experiences program, ending the adventure travel and outdoor education programs that have been part of the retailer’s identity for 40 years. REI announced the shutdown of its Experiences division in a news release on Wednesday, Jan. 8. The decision will result in 438 layoffs for 180 full-time employees and 248 part-time guides as the company shifts focus to its core business. The retail chain cited ongoing financial challenges as the reason for ending the program. Experiences included adventure travel, day to…
Clifton, NJ
News
Big Lots Laying Off 385 NJ Employees As Stores Close: Here's Where
Big Lots, the popular discount retailer, is officially going out of business, which means hundreds of workers are about to lose their jobs. The company, which filed for Chapter 11 bankruptcy in September, has announced plans to close all 963 of its remaining stores nationwide, including 18 locations in New Jersey. According to a WARN notice, 385 New Jersey employees will be out of work by Feb. 28, 2025. The layoffs will be in Somers Point, Edgewater Park, North Cape May, Toms River, Clifton, Brickton, South Plainfield, West Deptford, Sicklerville, Middletown, Dover, Barnegat, Cape May Court…
Gettysburg, PA
Business
Big Lots To Close 5 More Pennsylvania Stores
Things have gotten worse for the discount retailer Big Lots. The national chain was previously set to close approximately 300 stores, then they decided to close 40 more, but following a new filing with the Securities & Exchange Commission on Friday, Oct. 4, the impending closure of another 150 stores nationwide has been announced. The store closures are part Chapter 11 bankruptcy process. This latest round brings the total number of planned and completed closures to about 500. Big Lots had 73 stores located in the Keystone State when this process started, at the tim…
Southampton, NY
Business
Last Full-Size Kmart Store In US, Located In Bridgehampton, Set To Close: Here's Where, When
The nation's last remaining full-size Kmart discount department store is just weeks away from permanently closing, according to a new report. The New York store, located on Long Island, will close on Sunday, Oct. 20, a store employee told NBC affiliate WJAR in Providence on Sunday, Sept. 22. The store is in Bridgehampton on Montauk Highway (Route 27). A smaller format store in Miami, Florida remains open, the report said. Kmart operated around 2,500 stores at its peak in the early 90s, according to government filings. It merged with Sears in 2005. Earlier remaining full-size Kmart stores…
Mt. Kisco, NY
Business
New ShopRite Locale Preparing To Open In Mount Kisco: Here's
A new ShopRite supermarket in Northern Westchester is readying itself for shoppers. The upcoming ShopRite, which will be opening in Mount Kisco at 333 North Bedford Rd. in late 2024, gave a sneak peak of its interior in a social media post on Thursday, Aug. 22. The new location will replace the company's current supermarket in Bedford Hills at 747 Bedford Rd. Although an opening date has not yet been announced, the company teased that residents should look out for more information "in the coming weeks." "That's all we can say for now," the company added.
Hackensack, NJ
News
These NJ Stop & Shop Stores Are Among 32 Underperforming Locations Slated For Closure
Stop & Shop has released a list of the 32 underperforming stores by the end of the year. The grocery giant in March announced that it planned on closing a number of stores "in the interest of company longevity," as previously reported by Daily Voice. On Friday, July 12, Stop & Shop announced the locations of stores it expected to close on or before Nov. 2. Scroll down for the complete list. The 32 impacted store locations, which are anticipated to close on or before Nov. 2, 2024, include: New Jersey 1083 Inman Ave., Edison 1049 US Highway 1 South, Edison 4861 US Highway 9, Howel…
Stony Point, NY
Business
Stop & Shop Closing 32 Stores, Including In Westchester
Stop & Shop announced they plan to close 32 underperforming stores, including seven in New York. The supermarket said on Friday, July 12, that the closures allowed it to take the next steps in its plans to position the company for growth. Following the closures, Stop & Shop will continue to have a strong presence across its five-state footprint with more than 350 stores. The company said Stop & Shop associates at impacted locations will be offered other opportunities within the company. “Stop & Shop is proud of the deep roots and community ties we have de…
New Haven, CT
Business
New Update: Stop & Shop Announces 32 Store Closings, Including 5 In CT
This story has been updated. Stop & Shop announced they plan to close 32 underperforming stores, including five in Connecticut. The company said on Friday, July 12, that the closures allowed it to take the next steps in its plans to position the company for growth. Following the closures, Stop & Shop will continue to have a strong presence across its five-state footprint, with more than 350 stores. The impacted stores include: 100 Division St., Ansonia, New Haven County 855 Bridgeport Ave., Milford (1360 East Town Road, Milford will remain open), New Haven County 21…
Paramus, NJ
News
Dollar Tree Sold Lead-Infused Applesauce Pouches For Weeks After Recall, FDA Says
Despite a recall notice and multiple warnings from the Food and Drug Administration, Dollar Tree continued to sell applesauce pouches containing lead for weeks, federal officials say. The popular retail chain was issued a letter from the FDA this month regarding the WanaBana fruit puree pouches, distributed by Negasmart. "As described below, laboratory analysis of multiple lots of WanaBana Apple Cinnamon Fruit Puree pouches, including finished product samples collected from Dollar Tree stores, detected extremely high concentrations of lead," the letter reads. "... you conti…
Hackensack, NJ
Business
Stop & Shop To Close Underperforming Stores In Northeast
The future is grim for Stop & Shop's underperforming stores in the Northeast. The grocery giant — which operates 400 stores across Rhode Island, New Jersey, New York, and Massachusetts (where the company is headquartered) — announced plans to close a number of its underperformers in the interest of company longevity, officials confirmed with Daily Voice. Nearly half of the company's stores have been remodeled, and a Stop & Shop spokesperson said those stores continue to perform well. "We're committed to continuing to invest in our stores - as well in our prices - to deliver a great…
Arlington, VA
Business
Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy
A major retailer primarily located in malls and headquartered in Pennsylvania is set to close all 543 of its stores following its third Chapter 11 bankruptcy filing. Closures for all rue21 locations are expected to be completed within the next two months with going-out-of-business sales coming soon. The company, headquartered in Pennsylvania outside Pittsburgh, had first filed for bankruptcy in 2003, and then for a second time in 2017, when it closed around 400 stores. Founded in 1970, rue21 specializes in women's & men's casual apparel and accessories. rue21 has locations in …
White Plains, NY
Business
Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy
A retailer primarily located in malls is set to close all 543 of its stores following its third Chapter 11 bankruptcy filing. Closures for all rue21 locations are expected to be completed within the next two months with going-out-of-business sales coming soon. Founded in 1970, rue21 specializes in women's & men's casual apparel and accessories. In its filing on Thursday, May 2, the company said, "It became clear that offers to buy the debtors' assets at their current worth could not exceed the expected profits from selling off the closing stores and assets. "As a result, the deb…
Mt. Kisco, NY
Business
New Barnes & Noble Coming To Mount Kisco: Here's Where
Iconic bookstore chain Barnes & Noble will soon open a new location in Northern Westchester. The mega-bookseller has signed a lease to open a new store in the former Walgreens space at 55 South Moger Ave. in Mount Kisco, according to Beth Vetare Civitello, Co-Executive Director of the Mount Kisco Chamber of Commerce. The 13,700-square-foot store will take the space as of Friday, Aug. 2, Vetare Civitello added. In a statement, the Chamber of Commerce said the store's arrival would help Mount Kisco become a "hub of Northern Westchester." "Our belief…
New Haven, CT
Business
Family Dollar, Dollar Tree To Close 1,000 Stores
Discount chain Family Dollar and parent company Dollar Tree will close a combined 1,000 stores. Family Dollar will shut down 600 stores in 2024 and 370 stores over the next several years as store leases expire. Dollar Tree will close 30 locations as leases expire. The company made the announcement Wednesday morning, March 13. Family Dollar has around 8,000 US locations and Dollar Tree has The company said it initiated a review of its stores in the fourth quarter of 2023. It involved "identifying stores for closure, relocation, or re-bannering based on an evaluati…
White Plains, NY
Business
Macy's To Close 150 Stores, Prioritize Luxury Brands
Macy's plans to close about 30 percent of its remaining stores over the next three years. The 150 closures will be at underperforming locations, with 50 planned for this year, the retailer announced on Tuesday, Feb. 27, unveiling what it is calling "A Bold New Chapter" strategy designed to return Macy’s profitability. "It challenges the status quo to create a more modern Macy’s, Inc.," Tony Spring, chief executive officer of the company said in a statement. "We are making the necessary moves to reinvigorate relationships with our customers through improved shopping experiences, releva…
Elizabeth, NJ
Business
North Jersey's 'The Farmhouse' Closing After 16 Years
The Farmhouse in Westfield is closing its doors. After 16 years in business and 12 at its current location, owner Kelly Richardson announced on Instagram on Wednesday, Aug. 9, the furniture store will shut its doors on Sunday, August 13 at 5 p.m. "This has been a heartbreaking decision for me to make, however, we simply aren't able to outlast the current climate and circumstances that we face," Richardson, who has owned the store for the last two years, said. Richardson said The Farmhouse will fulfill all of its orders and will be keeping its outlet and warehouse open to allow for deliveri…
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