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After filing for Chapter 11 bankruptcy, the nation’s oldest department store announced it will also be closing seven stores in New York, three in Connecticut, two in Massachusetts, two in Illinois and two in Maryland, CNBC reports.
One store each in Florida, Michigan, New Hampshire, Virginia and Pennsylvania will also close.
The New Jersey stores set to shutter are:
- Livingston, 111 Eisenhower Pkwy.
- Rockaway, 317 Mt. Hope Ave.
- Wayne, Willowbrook Mall
These two dozen stores are just a few of the more than 6,000 that have been pushed to their financial limit so far this year, the report says, citing Coresight Research.
Remaining New Jersey stores are located in Bridgewater Commons, the Fashion Center and the Garden State Plaza in Paramus, Quakerbridge Mall in Lawrenceville, the Freehold Raceway Mall and Westfield.
The retailer will offer liquidation deals of up to 40 percent off, company officials said in the report.
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