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Retail Apocalypse

Business
Papyrus Closing All Stores In National Liquidation Including 5 In North Jersey Papyrus Closing All Stores In National Liquidation Including 5 In North Jersey
Papyrus Closing All Stores In National Liquidation Including 5 In North Jersey Papyrus stores in Bergen, Hudson, Essex and Morris counties will soon shut their doors permanently, recent reports say. The stationery retailer recently announced the closure of each of its more than 260 locations, eight of which are in New Jersey. The North Jersey stores shuttering are located in Jersey City, Hackensack, Short Hills, Paramus and Ridgewood. Papyrus is just one of many national chains to be impacted by the "retail apocalypse," citing "current challenges of the retail industry" as the reason for the closures, NJ.com says. Though no closing dates have been announc…

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by Valerie Musson
Business
Sussex County Bed Bath & Beyond To Close Sussex County Bed Bath & Beyond To Close
Sussex County Bed Bath & Beyond To Close Bed Bath & Beyond in Sussex County is among two of the latest stores to shutter, recent reports say. The Union-based company announced last year that 40 “underperforming” stores would be closed this year.  Included are stores located at 17 Hampson House Road in Newton and 141 Tuckahoe Road in Sewell, News12 says. BB&B is just one of many national chains to be impacted by the “retail apocalypse” -- other notable names include Pier 1, which expects to close 450 stores, and Macy’s, which expects to close at least 28 stores, the report says. At least 20 of BB&B’s “concep…

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by Valerie Musson