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Owners Looking To Transform Galleria At White Plains Owners Looking To Transform Galleria At White Plains
Owners Looking To Transform Galleria At White Plains The owners of a Westchester County mall are teaming up with prominent real estate players to turn the site into a mixed-use residential and commercial development.  The owners of The Galleria at White Plains located at 100 Main St. (Route 119), Pacific Retail Capital Partners (PRCP) and Aareal Bank, are teaming up with real estate developers SL Green Realty Corp. and the Cappelli Organization to transform the mall, according to an announcement by PRCP from Thursday, Nov. 3.  The 870,000-square-foot Galleria opened in 1980 in downtown White Plains and is near a major mass…

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by Ben Crnic
Business
Sears' Last Full-Service Store In Hudson Valley To Close Sears' Last Full-Service Store In Hudson Valley To Close
Sears' Last Full-Service Store In Hudson Valley To Close The last full-service Sears store in the Hudson Valley has announced it will be closing next month after 43 years of serving the community.  The Orange County store, located in the Newburgh Mall, announced on Facebook on Aug. 31 that it would be closing its store on Sunday, Oct. 16. "It's with a heavy heart to be announcing the Sears Store at the Newburgh Mall is closing its doors on October 16th. We want to thank the community for its support over the last 43 years here in the Newburgh Mall," the company said. They went on to announce sales that included everything from refrigerators…

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by Kathy Reakes
Business
New Closure Announced For Macy's Store In Galleria Mall New Closure Announced For Macy's Store In Galleria Mall
New Closure Announced For Macy's Store In Galleria Mall A Macy's store in Westchester County will be closing its door as part of the company's restructuring strategy. On Wednesday, Jan. 6, the company announced it will close the Macy's location at the Galleria mall in White Plans, said Carolyn Ng Cohen, director of medial relations. The closure is part of the company’s strategy announced in early 2020, she added.  Macy's has shared the closure information with store employees and will work to help find them jobs at nearby Macy's store.  "Regular, non-seasonal colleagues who we are unable to place at nearby Macy’s store will be eligible fo…

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by Kathy Reakes
Business
Sears To Close White Plains Store Sears To Close White Plains Store
Sears To Close White Plains Store The last Sears store in Westchester is set to close its doors. Officials announced that the Sears store on Main Street in White Plains, including its attached auto-center, will be closing early next year as the former retail giant continues its nationwide closures of brick-and-mortar stores. Related story - New Sears Closure Announced In Hudson Valley Officials cited “unforeseeable business circumstances” that were prompted by the COVID-19 pandemic, which impacted businesses nationwide. When Sears closes on Feb. 21, 2021, 59 employees will be out of a job, according to a filing with the s…

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by Zak Failla
Business
Target To Open New Location In Westchester Target To Open New Location In Westchester
Target To Open New Location In Westchester Target is making a long term commitment to Westchester’s largest city. The retail giant announced that it has signed a 40-year lease to open a 130,000-square-foot store at the Cross County Center in Yonkers, replacing the bulk of the 200,000-square-foot location left by Sears that closed last year. The 15-building Cross County Center is also home to H&M, which recently signed a 10-year renewal, as well as to Zara, Ulta, and Blink Fitness. Target entered talks about a possible deal shortly after Sears closed in September last year, though nothing official was announced until Monday, Oct…

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by Zak Failla
Business
New Sears Closure Announced In Hudson Valley New Sears Closure Announced In Hudson Valley
New Sears Closure Announced In Hudson Valley Another one bites the dust. A new Sears location in the Hudson Valley is set to shut its doors amid massive nationwide closures of traditional brick-and-mortar stores. Sears at the Poughkeepsie Galleria will be the latest to close, with signs going up reading “store closing sale,” and “everything must go” throughout the store. Transformco, Sears’ parent company, has been liquidating dozens of Sears and Kmart locations after acquiring the assets of Sears Holding Corporation last year. No official date has been set for the Poughkeepsie closing. Sears and Kmart have closed thousands of job…

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by Zak Failla
Business
Fairway Market Store In Area Will Close Fairway Market Store In Area Will Close
Fairway Market Store In Area Will Close The rumor is true, a Fairway Market store in the area is closing its doors. Area shoppers had wondered for weeks if the store, located at the Shops at Nanuet, was closing after fewer items filled the shelves and rumors circulated on various Facebook pages. On Tuesday, Sept. 24, the grocer made it official by posting a sign on the front door announcing it will close for good on Wednesday, Sept. 25. The sign says: "We truly appreciate your business and loyalty over the last six years and have had the greatest pleasure being a part of your community and serving you.  "It wasn’t an easy …

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by Kathy Reakes
Business
Cross County Shopping Center Owners 'Surprised' To Hear News Of Anchor Sears Store Closure Cross County Shopping Center Owners 'Surprised' To Hear News Of Anchor Sears Store Closure
Cross County Shopping Center Owners 'Surprised' To Hear News Of Anchor Sears Store Closure The news that the Sears store at the Cross County Shopping Center plans to close next month came as a surprise to the owners of the center, after inquiries from Daily Voice. “While we were surprised to hear news about our particular location closing, Sears has been in the news about closures for a while now," said James Stifel and Craig Deitelzweig, EVPs Brooks Shopping Centers, LLC, owners of Cross County Shopping Center. "Retail demand is strong here and their departure will create an opportunity to re-lease that same space to a concept that will continue to drive traffic, more shopper int…

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by Kathy Reakes
Business
Sears Announces This Westchester Store Will Be Latest To Close Sears Announces This Westchester Store Will Be Latest To Close
Sears Announces This Westchester Store Will Be Latest To Close This story has been updated. As Sears continues to struggle to survive in a market filled with instant deliveries and the internet, the company announced on Wednesday, June 5, that another of its Westchester stores will close its doors. “As we continue to evaluate our store network and invest in our best stores, the Sears store in Yonkers at Cross Country Shopping Center did not meet our go-forward criteria," a Sears company spokesperson told Daily Voice. The store will close in late July and the store liquidation sale will start around Thursday, June 6, the spokesperson said. "We invite …

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by Kathy Reakes
Business
Dollar Tree To Shut Down 390 Family Dollar Stores Dollar Tree To Shut Down 390 Family Dollar Stores
Dollar Tree To Shut Down 390 Family Dollar Stores Dollar Tree is closing at least 390 Family Dollar stores and will rebrand 200 others, the company announced in releasing its fiscal fourth-quarter earnings this week. Dollar Tree CEO Gary Philbin announced the plans on Wednesday, which will include renovating some locations to sell alcohol and $1 Dollar Tree merchandise sections. As many as 400 stores will get expanded refrigeration sections and some Family Dollar discount stores will be rebranded to the Dollar Tree brand. In total, the discount chain lost approximately $2.3 billion by the end of the fourth quarter. “We are further acceler…

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by Zak Failla
Business
Fashion Retailer Charlotte Russe To Close Stores In Westchester, Rockland Fashion Retailer Charlotte Russe To Close Stores In Westchester, Rockland
Fashion Retailer Charlotte Russe To Close Stores In Westchester, Rockland Another traditional brick-and-mortar retailer will soon be shuttering its doors in the Hudson Valley. Charlotte Russe Holding Corp., which operates Charlotte Russe, a fashion brand for females filed for Chapter 11 bankruptcy protection over the weekend, impacted local stores. The company announced that it is planning to close 94 stores, including locations at the Jefferson Valley Mall in Yorktown Heights and Rockland Plaza on Route 59 in Nanuet. The stores at the Galleria Mall in White Plains and Palisades Center in West Nyack were not on the initial list of locations closing. Charlotte Ru…

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by Zak Failla
Business
Macy's Store In Area Scheduled For Closure Macy's Store In Area Scheduled For Closure
Macy's Store In Area Scheduled For Closure Macy's fans will soon have one less store to shop at when one of its locations in the area closes its doors early next year. The decision to close the location in Rockland at the Shops at Nanuet was made following a review of the company's holdings. “Macy’s, Inc. has been reviewing its real estate portfolio across the country to see if there are opportunities to improve the use of our assets," said Emily Hawkins, director for Macy's Northeast Media Relations. "After careful consideration, Macy’s has decided to close the Nanuet, NY, store in early 2019." A clearance sale will begin in mid-J…

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by Kathy Reakes
Business
Nearly 200 Sears, Kmart Workers In Area Will Lose Jobs Following Bankruptcy Declaration Nearly 200 Sears, Kmart Workers In Area Will Lose Jobs Following Bankruptcy Declaration
Nearly 200 Sears, Kmart Workers In Area Will Lose Jobs Following Bankruptcy Declaration Nearly 200 Sears and Kmart employees will lose their jobs following the official filing for bankruptcy by Sears Holdings. Last week, Sears announced that it would be closing another 142 unprofitable Sears and Kmart locations, including several in the area. Those closures will reportedly impact According to the Worker Adjustment and Retraining Notification filed on Oct. 15, 42 employees at Kmart on Route 6 in Mahopac would be let go; 55 employees at Sears in the Jefferson Valley Mall would face termination; 76 employees at the Sears at The Shops in Nanuet; and 12 at Sears on Route 59 in Nanu…

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by Zak Failla
Business
Updated Sears/Kmart Closure List: Several Stores In Area Among 142 To Close Updated Sears/Kmart Closure List: Several Stores In Area Among 142 To Close
Updated Sears/Kmart Closure List: Several Stores In Area Among 142 To Close Sears, once the world's largest retailer, has now officially filed for bankruptcy, while announcing plans to close another 142 unprofitable Sears and Kmart stores, including several in the area. The Sears closures include two in the Hudson Valley: at 75 West Route 59 in Nanuet and at 600 Lee Boulevard in Yorktown. Two Sears stores in Connecticut are closing: at 1201 Boston Post Road in Milford (Lands' End) and 850 Hartford Turnpike in Waterford (Lands' End). Among stores closing are five Kmarts in New York, including the Kmart at 987 Route 6 in Mahopac. No Kmart closures in Connecticut are…

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by Joe Lombardi
Business
Sears Files For Bankruptcy, Closing 142 Stores, Including Several In Area Sears Files For Bankruptcy, Closing 142 Stores, Including Several In Area
Sears Files For Bankruptcy, Closing 142 Stores, Including Several In Area This story has been updated. Sears, once the world's largest retailer, has now officially filed for bankruptcy, while announcing plans to close another 142 unprofitable Sears and Kmart stores, including several in the area. The Sears closures include two in the Hudson Valley: at 75 West Route 59 in Nanuet and at 600 Lee Boulevard in Yorktown. Two Sears stores in Connecticut are closing: at 1201 Boston Post Road in Milford (Lands' End) and 850 Hartford Turnpike in Waterford (Lands' End). Among stores closing are five Kmarts in New York, including the Kmart at 987 Route 6 in Mahopac. No Kma…

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by Joe Lombardi
Business
Sears On Brink Of Bankruptcy, Report Says Sears On Brink Of Bankruptcy, Report Says
Sears On Brink Of Bankruptcy, Report Says After years of store closures, Sears, once the world's largest retailer, could be just days away from facing bankruptcy. The 125-year-old company, which has not turned a profit since 2010, has approached several banks to prepare for a bankruptcy filing, according to CNBC. Sears has a $134 million debt payment due Monday that it previously reported it cannot cover, the report said. Eddie Lampert, a hedge-fund manager who took over as Sears CEO in 2013, said in late September that despite changes in the way it does business, the future looked bleak for the once vibrant company. “The journey…

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by Joe Lombardi
Business
Full List Of New Round Of Sears, Kmart Closures Announced Full List Of New Round Of Sears, Kmart Closures Announced
Full List Of New Round Of Sears, Kmart Closures Announced Sears Holdings Corp., which owns Sears and Kmart, has announced the exact locations in a round of store closures as sales continue to decline. The company said in an earnings statement Thursday it plans to close 63 of about 100 nonprofitable stores. Sears Holdings initially announced plans to close 72 stores, but later in the day adjusted that number to 63 stores: 48 Sears stores and 15 Kmart stores. Nine additional stores that it initially planned to announce would close will be evaluated further. There are 529 Sears stores and 365 Kmart stores in the U.S. The list of the Sears and Kmart…

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by Joe Lombardi