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Thursday, jul 4
Tag:
Store closure
Business
New Jersey's Last-Standing Sears Store Says It's Closing
And then there were none. New Jersey's last-standing Sears store, located in Jersey City, appears to be closing. The store at Newport Centre announced a store closing sale on Friday evening, Jan. 5 on Facebook. A voice answering service said the store was closed when Daily Voice called Friday at 7 p.m. Daily Voice has reached out to the Simon Property Group, who owns Newport Centre, and Sears corporate for comment. Sears Holdings filed for bankruptcy in 2018. The Jersey City store became the final Sears in New Jersey in 2020 after the store in Hackensack — a local landmark — shutter…
Business
Stop & Shop To Shutter Another NJ Store
Stop & Shop has announced the closure of its third New Jersey store this year. The Highland Park grocery store is slated to close sometime in 2023. A Stop & Shop spokesperson cited operating performance as the reason for not renewing the lease at 424 Raritan Ave. Stop & Shop closed stores in Paramus and Dayton earlier this year.
News
Target To Replace These Shuttered NJ Kmarts
Another Kmart store has closed its doors leaving just two left in all of New Jersey. The Kearny store on Passaic Avenue closed on May 2, NJ Advance Media reports. The storefront will be replaced by a Target store, according to Target's list of upcoming locations. Target will also be replacing the Kmart that closed in Wall on Route 35, and the one in Somers Point on 250 New Road. Only two Kmart stores remain in New Jersey: One in Avenel and the other in Westwood.
Business
Lord & Taylor Closing All U.S. Stores Including 9 In NJ
Lord & Taylor is going out of business. The company initially said it would be closing 19 stores after filing for Chapter 11 bankruptcy earlier this month. On Thursday, Lord & Taylor said it will instead be closing all of its stores, including the nine in New Jersey, after 194 years in business. "While we are still entertaining various opportunities, we believe it is prudent to simultaneously put the remainder of the stores into liquidation to maximize value of inventory for the estate while pursuing options for the company's brands," said Ed Kremer, Lord & Taylor's chief restr…