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Wednesday, dec 25
Tag:
Big Lots
Business
These 18 NJ Big Lots Stores Are Among Nearly 1,000 Closing Nationwide: Here's When
Big Lots, the popular discount retailer, is officially going out of business. 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. The last day of business is expected to be in mid-February, according to sources familiar with the closures. While official store closing sales have not yet begun, all Christmas items are currently 50% off, offering shoppers a chance to stock up before the doors shut for good. The closures mark the end of an era for the budget-friendl…
Business
Big Lots To Begin 'Going Out Of Business' Sales At Nearly 1,000 Remaining Stores
Big Lots has announced plans to close all of its remaining 963 stores, initiating "going out of business" sales following its Chapter 11 bankruptcy filing in September. The company says it's started the process of closing stores in 48 states and liquidating inventory under its court-supervised Chapter 11 bankruptcy proceedings. The decision comes as the retailer seeks to maximize value for stakeholders while exploring potential going-concern sale opportunities. "We all have worked extremely hard and have taken every step to complete a going concern sale," Big Lots' President and Chie…
Business
Big Lots To Shut These New Jersey Stores: Closing Sales Under Way
Big Lots! has announced the closures of even more locations since filing for bankruptcy in September. The company announced on Monday, Sept. 9 that it will sell its assets to an affiliate of private equity firm Nexus Capital Management. Additional closures were approved this month in bankruptcy court. New Jersey has 27 stores, and 13 of them are set to close with closing sales underway. They are: Cherry Hill, 949 Church Road Dover, 550 Mount Pleasant Avenue East Brunswick, 275 Route 18 Freehold, 220 Trotters Way Glassboro, 811 N Delsea Drive Jersey Ci…
Business
Whose House? Celebs To Cut Ribbon On New Paramus Barnes & Noble
Barnes & Noble is opening its new Paramus digs in grand fashion. Rev. Run and his wife, Justine Simmons, along with Harlan Coben will be at the space formerly occupied by Big Lots! on Route 17 Friday, Nov. 24, to cut the ribbon and sign copies of their books. Barnes & Noble Paramus' new location opens Friday, Nov. 24. @bnparamus Instagram “It was a dark day when we lost our Paramus bookstore in March after 28 very happy years," Barnes & Noble CEO James Daunt said. "As it happens, there is a silver lining to losing the old store: "This one is better in every way." The new…
Business
Shuttered Paramus Barnes & Noble To Reopen In Former Toys R Us Store
The shuttered Paramus Barnes & Noble is coming back to life. The treasured book store that long stood at 765 Route 17 south on the Ridgewood border will be replacing Big Lots! on Route 17 northbound, the store announced on Facebook. Big Lots ! is set to close in May, store associates tell Daily Voice. The space was formerly home to Toys 'R' Us. "While we are sad to leave this location, we are excited for our next chapter," the store said. Barnes & Noble of Paramus broke hearts last January when it announced it would be closing.
News
Amazon Fulfillment Center Replacing Vacant Jersey Shore Sears Store
Amazon plans to open another fulfillment center in Central Jersey at the site of a vacant Sears store. The approximately 93,000-square-foot Monmouth County location — at Seaview Square Shopping Center in Ocean Township — is expected to open in October, Mayor Chris Siciliano told NJ Advance Media. “It’s a win-win for us and for Amazon," Siciliano told NJ.com. "It’s really an ideal spot and it will serve the needs of several communities." Amazon customers will be able to pick up packages at the center, which will create up to 200 jobs. Fulfillment centers are used to store inventory like el…
News
Authorities: Man Caught Taking Upskirt Pics In Route 46 Store Tries To Fool Police
A man accused of taking an upskirt photo of a customer in a Big Lots store on Route 46 tried to fool police by changing his shirt, authorities said. The thing was: Jalen Torres, 25, of Passaic was carrying the shirt the victim said he was wearing at the time, they said. The 31-year-old victim from New York told police she was shopping with her young child in the Clifton store when she “felt something touch her leg,” Detective Sgt. Robert Anderson said. “When she looked down, she saw [Torres] holding a cellphone under her skirt with the camera app open,” he said. Torres fled the store wh…
Business
Big Lots Taking Over Paramus Toys R Us
Big Lots is on its way to Paramus. The discount chain last year purchased the remaining 12-year lease on the 36,000-square-foot Toys R Us store on Ridgewood Avenue for $2.75 million, according to TheRealDeal.com. That's $6.50 per square foot annually, compared to $30 (had the chain signed a new lease on a larger space). The vacant space was transformed into a Spirit Halloween store last fall. Big Lots is known across 47 states for its closeout buys and massive furniture markdowns. No word yet on opening date.
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