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Bloomingdale's

Macy's To Close 150 Stores, Prioritize Luxury Brands Macy's To Close 150 Stores, Prioritize Luxury Brands
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…
Report On Bridgewater Mall Fight Between White, Black Teens Could Be Released Soon: AG Report On Bridgewater Mall Fight Between White, Black Teens Could Be Released Soon: AG
Report On Bridgewater Mall Fight Between White, Black Teens Could Be Released Soon: AG A report on the fight between white and black teenagers that resulted in an alleged disproportionate police response should be released soon, Attorney General Matthew J. Platkin said. The fight occurred at Bridgewater Commons Mall in Somerset County in February 2022 outside of Bloomingdale's and triggered a viral response on social media. The public's trust is fragile and if a local administrative review is not completed soon, Platkin said he will release his non-public September 2022 report to the public. The local review "process has taken an inordinate length of time and further delay o…
13K Baby Push Walkers Recalled Over Strangulation Hazard 13K Baby Push Walkers Recalled Over Strangulation Hazard
13K Baby Push Walkers Recalled Over Strangulation Hazard More than 13,000 baby walkers that were sold nationwide are being recalled due to possible strangulation risk. The Consumer Product Safety Commission (CPSC) announced that Asweets is recalling Wonder & Wise Baby Activity four-wheel walkers because rubber rings on the rear wheels can separate, detach, and pose a hazard for young children. According to CPSC, the wooden push walkers have a panel of interactive toys and activities for babies. The recalled walkers are white with black and wood-colored accents, a front panel with a shape-sorting puzzle, bead activities, other wooden toys, …
Former Bergen Resident From CT Admits Embezzling $540,000 From Security Firm Former Bergen Resident From CT Admits Embezzling $540,000 From Security Firm
Former Bergen Resident From CT Admits Embezzling $540,000 From Security Firm A former Bergen County resident now living in Connecticut admitted Wednesday that she embezzled $540,000 from a local company. Melissa Corso, 50, and her husband lived in Closter when she worked for a Delaware-based security systems supplier with an office in Ridgefield Park, federal authorities said. Corso, currently of Groton, CT, and co-worker Joseph Spaccavento steered customer payments owed to their former employer to a PayPal account registered to him and linked to her work email, according to an FBI complaint. The customers, in turn, sent more than $3.1 million through 1,150 transa…
Ramsey Man Admits Embezzling $516,000 From Ridgefield Park Security Firm Ramsey Man Admits Embezzling $516,000 From Ridgefield Park Security Firm
Ramsey Man Admits Embezzling $516,000 From Ridgefield Park Security Firm A Ramsey man who worked at a Ridgefield Park security systems firm told a federal judge that he and an accomplice diverted $516,000 of the company’s money to spend on themselves. Joseph Spaccavento, 41, was an accounts payable manager and assistant controller at the firm, which developed hardware and software for video surveillance, federal authorities said. His accomplice, Melissa Corso, coordinated the collection of customer payments and applied them to invoices, they said. For more than 5 ½ years, the two diverted customer payments to themselves, Spaccavento admitted during a videoconfe…
Feds: Former Bergen Resident Embezzled $540,000 From Local Security Firm Feds: Former Bergen Resident Embezzled $540,000 From Local Security Firm
Feds: Former Bergen Resident Embezzled $540,000 From Local Security Firm A former Bergen County resident now living in Connecticut embezzled $540,000 intended for a local company that she diverted into a PayPal account for herself, her husband and a co-worker, federal authorities charged. A federal judge in Connecticut ordered Melissa Corso, 50, of Groton, held pending transfer to New Jersey to face wire fraud charges after the FBI arrested her on Thursday. Corso and her husband lived in Closter when she worked for a Delaware-based security systems supplier with an office in Ridgefield Park, federal authorities said. For more than six years, beginning in early …
Macy's To Close 125 Stores While Launching New Smaller-Format Outlets Macy's To Close 125 Stores While Launching New Smaller-Format Outlets
Macy's To Close 125 Stores While Launching New Smaller-Format Outlets Macy's has announced it plans to close 125 stores over the next three years and slash about 2,000 corporate jobs while launching new smaller outlets. Macy’s, which has shut down more than 100 stores since 2015, said it will exit weaker shopping malls while changing its focus to opening smaller-format stores in strip centers called Market by Macy’s. This new format is smaller than an average Macy’s store and will be located off-mall in lifestyle centers," said Jeff Gennette, chairman and chief executive officer of Macy’s, Inc.  "Market by Macy’s will feature a mix of curated Macy…