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Last Full-Size Kmart Store In US, Located In NY, Set To Close: Here's Where, When Last Full-Size Kmart Store In US, Located In NY, Set To Close: Here's Where, When
Last Full-Size Kmart Store In US, Located In NY, Set To Close: Here's Where, When The nation's last remaining full-size Kmart discount department store is just weeks away from permanently closing, according to a new report. The New York store, located on Long Island, will close on Sunday, Oct. 20, a store employee told NBC affiliate WJAR in Providence on Sunday, Sept. 22. The store is in Bridgehampton on Montauk Highway (Route 27). A smaller format store in Miami, Florida remains open, the report said. Kmart operated around 2,500 stores at its peak in the early 90s, according to government filings. It merged with Sears in 2005. Earlier remaining full-size Kmart stores…

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by Joe Lombardi
Business
New ShopRite Locale Preparing To Open In Westchester: Here's Where New ShopRite Locale Preparing To Open In Westchester: Here's Where
New ShopRite Locale Preparing To Open In Westchester: Here's Where A new ShopRite supermarket in Northern Westchester is readying itself for shoppers.  The upcoming ShopRite, which will be opening in Mount Kisco at 333 North Bedford Rd. in late 2024, gave a sneak peak of its interior in a social media post on Thursday, Aug. 22.  The new location will replace the company's current supermarket in Bedford Hills at 747 Bedford Rd.  Although an opening date has not yet been announced, the company teased that residents should look out for more information "in the coming weeks."  "That's all we can say for now," the company added.

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by Ben Crnic
Business
Stop & Shop Closing 32 Stores, Including One In Westchester Stop & Shop Closing 32 Stores, Including One In Westchester
Stop & Shop Closing 32 Stores, Including One In Westchester Stop & Shop announced they plan to close 32 underperforming stores, including seven in New York. The supermarket said on Friday, July 12, that the closures allowed it to take the next steps in its plans to position the company for growth.  Following the closures, Stop & Shop will continue to have a strong presence across its five-state footprint with more than 350 stores.  The company said Stop & Shop associates at impacted locations will be offered other opportunities within the company.  “Stop & Shop is proud of the deep roots and community ties we have de…

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by Kathy Reakes
News
Dollar Tree Sold Lead-Infused Applesauce Pouches For Weeks After Recall, FDA Says Dollar Tree Sold Lead-Infused Applesauce Pouches For Weeks After Recall, FDA Says
Dollar Tree Sold Lead-Infused Applesauce Pouches For Weeks After Recall, FDA Says Despite a recall notice and multiple warnings from the Food and Drug Administration, Dollar Tree continued to sell applesauce pouches containing lead for weeks, federal officials say. The popular retail chain was issued a letter from the FDA this month regarding the WanaBana fruit puree pouches, distributed by Negasmart. "As described below, laboratory analysis of multiple lots of WanaBana Apple Cinnamon Fruit Puree pouches, including finished product samples collected from Dollar Tree stores, detected extremely high concentrations of lead," the letter reads.  "... you conti…

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by Cecilia Levine
Business
Stop & Shop To Close Underperforming Stores In Northeast Stop & Shop To Close Underperforming Stores In Northeast
Stop & Shop To Close Underperforming Stores In Northeast The future is grim for Stop & Shop's underperforming stores in the Northeast. The grocery giant — which operates 400 stores across Rhode Island, New Jersey, New York, and Massachusetts (where the company is headquartered) — announced plans to close a number of its underperformers in the interest of company longevity, officials confirmed with Daily Voice. Nearly half of the company's stores have been remodeled, and a Stop & Shop spokesperson said those stores continue to perform well. "We're committed to continuing to invest in our stores - as well in our prices - to deliver a great…

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by Cecilia Levine
Business
Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy
Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy A retailer primarily located in malls is set to close all 543 of its stores following its third Chapter 11 bankruptcy filing. Closures for all rue21 locations are expected to be completed within the next two months with going-out-of-business sales coming soon. Founded in 1970, rue21 specializes in women's & men's casual apparel and accessories. In its filing on Thursday, May 2, the company said, "It became clear that offers to buy the debtors' assets at their current worth could not exceed the expected profits from selling off the closing stores and assets.  "As a result, the deb…

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by Joe Lombardi
Business
New Barnes & Noble Coming To Westchester: Here's Where New Barnes & Noble Coming To Westchester: Here's Where
New Barnes & Noble Coming To Westchester: Here's Where Iconic bookstore chain Barnes & Noble will soon open a new location in Northern Westchester. The mega-bookseller has signed a lease to open a new store in the former Walgreens space at 55 South Moger Ave. in Mount Kisco, according to Beth Vetare Civitello, Co-Executive Director of the Mount Kisco Chamber of Commerce.  The 13,700-square-foot store will take the space as of Friday, Aug. 2, Vetare Civitello added.  In a statement, the Chamber of Commerce said the store's arrival would help Mount Kisco become a "hub of Northern Westchester."  "Our belief…

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by Ben Crnic
Business
Family Dollar, Dollar Tree To Close 1,000 Stores Family Dollar, Dollar Tree To Close 1,000 Stores
Family Dollar, Dollar Tree To Close 1,000 Stores Discount chain Family Dollar and parent company Dollar Tree will close a combined 1,000 stores. Family Dollar will shut down 600 stores in 2024 and 370 stores over the next several years as store leases expire.  Dollar Tree will close 30 locations as leases expire.  The company made the announcement Wednesday morning, March 13. Family Dollar has around 8,000 US locations and Dollar Tree has  The company said it initiated a review of its stores in the fourth quarter of 2023.  It involved "identifying stores for closure, relocation, or re-bannering based on an evaluati…

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by Joe Lombardi
Business
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…

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by Joe Lombardi
Business
COVID-19: Four Walmart Stores Being Tested For 'New Era Of Retail,' Senior VP Says COVID-19: Four Walmart Stores Being Tested For 'New Era Of Retail,' Senior VP Says
Covid-19: Four Walmart Stores Being Tested For 'New Era Of Retail,' Senior VP Says The COVID-19 pandemic has forced one of the country’s largest retailers to reevaluate how it does business in a “new era of retail.” Walmart announced that after being forced to adjust on the fly during the COVID-19 outbreak, it is testing out four new stores across the country that will serve as “both physical shopping destinations and online fulfillment centers.” John Crecelius, Walmart’s Senior Vice President of Associate Product and Next Generation Stores, said that the four stores willl serve as “test centers” where they will rotate different prototype technology in and out of the st…

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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
Bed Bath & Beyond To Eliminate Nearly 3,000 Jobs Starting Immediately Bed Bath & Beyond To Eliminate Nearly 3,000 Jobs Starting Immediately
Bed Bath & Beyond To Eliminate Nearly 3,000 Jobs Starting Immediately Bed Bath & Beyond will cut nearly 3,000 jobs under a plan to cut costs and streamline operations. Jobs will start to be eliminated immediately, the company said in a statement on Tuesday, Aug. 25. "In conjunction with the organizational realignment, the company has implemented a significant workforce reduction of approximately 2,800 roles from across its corporate headquarters and retail banner stores, effective immediately," the statement said.  "This action is designed to further reduce layers at the corporate level, significantly reposition field operations to better serve…

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by Joe Lombardi
Business
COVID-19: Men's Wearhouse, Jos. A. Bank To Close Up To 500 Stores COVID-19: Men's Wearhouse, Jos. A. Bank To Close Up To 500 Stores
Covid-19: Men's Wearhouse, Jos. A. Bank To Close Up To 500 Stores Men’s Wearhouse and Jos. A. Bank will close up to 500 stores and lay off 20 percent of its corporate workforce, the California-based company has announced.  The company has not announced a timeline for closure. The continuing negative economic impact of COVID-19 was largely blamed for the decision, according to corporate parent company Tailored Brands President Dinseh Lathi. Following these changes, the company expects to pay about $6 million in severance pay and other termination costs. Tailored Brands has an estimated 1,500 stores across all of its brands.

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by Kristin Palpini
Business
COVID-19: Macy's Cuts 3.9K Corporate, Management Jobs; CEO Says 'We Will Be A Smaller Company' COVID-19: Macy's Cuts 3.9K Corporate, Management Jobs; CEO Says 'We Will Be A Smaller Company'
Covid-19: Macy's Cuts 3.9K Corporate, Management Jobs; CEO Says 'We Will Be A Smaller Company' Macy's is eliminating 3,900 corporate and management positions, about three percent of its total workforce, in a move to cut costs amid a steep decline in revenue during the novel coronavirus (COVID-19) pandemic. It's also reducing staffing across its stores, supply chain and customer support network, the company announced Thursday, June 25. Macy's says it will adjust staffing as sales rebound. “COVID-19 has significantly impacted our business. While the re-opening of our stores is going well, we do anticipate a gradual recovery of business, and we are taking action to align our cos…

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by Joe Lombardi
Business
COVID-19: Here's How Much More Target Will Be Permanently Paying Workers COVID-19: Here's How Much More Target Will Be Permanently Paying Workers
Covid-19: Here's How Much More Target Will Be Permanently Paying Workers Target is planning to permanently offer employees an increased hourly wage and additional benefits in appreciation of their work during the novel coronavirus (COVID-19) pandemic. The company announced this week that as of July 5, starting hourly wages will be bumped to $15, and employees will also receive a one-time $200 “recognition bonus” for both full and part-type associates that worked during the outbreak. Brian Cornell, Chairman, and CEO of Target made note that the $15 starting wage is 25 percent higher than the industry average nationwide. “In the best of times, our team brings i…

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by Zak Failla
Business
Victoria's Secret, Bath & Body Permanently Closing Stores Nationwide Victoria's Secret, Bath & Body Permanently Closing Stores Nationwide
Victoria's Secret, Bath & Body Permanently Closing Stores Nationwide Victoria’s Secret will permanently close about 250 stores in the United States and Canada this year, parent company L Brands announced.  Ohio-based L Brands did not detail the closure locations, but there are 1,635 stores nationwide.  L Brands also announced that 51 Bath & Body Works stores in the U.S. and Canada will close this year.  The popular retail chain joins others in announcing permanent store closures in recent weeks including J.Crew, Neiman Marcus, JC Penney, Macy's and Pier 1, accelerated by the coronavirus pandemic.  L Brands said it is evaluating all …

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by Jon Craig
Business
COVID-19: JCPenney Plans To Permanently Close More Than 240 Stores COVID-19: JCPenney Plans To Permanently Close More Than 240 Stores
Covid-19: JCPenney Plans To Permanently Close More Than 240 Stores JCPenney, which filed for bankruptcy last week, now says it plans to close nearly one-third of its stores amid the novel coronavirus (COVID-19) pandemic. JCPenny will be left with about 600 stores after the planned 242 closures. Earlier report - COVID-19: JCPenney Files For Bankruptcy In Largest Retail Casualty Of Pandemic The retailer also says it is aiming to double its e-commerce business, which currently accounts for about 14 percent of its revenue. “The coronavirus (COVID-19) pandemic has created unprecedented challenges for our families, our loved ones, our communitie…

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by Joe Lombardi
Business
COVID-19: JCPenney Files For Bankruptcy In Largest Retail Casualty Of Pandemic COVID-19: JCPenney Files For Bankruptcy In Largest Retail Casualty Of Pandemic
Covid-19: JCPenney Files For Bankruptcy In Largest Retail Casualty Of Pandemic In the largest retail casualty of the novel coronavirus (COVID-19) pandemic, JCPenney has filed for bankruptcy. Founded in 1902, JCPenny has about 800 stores in the United States. “The coronavirus (COVID-19) pandemic has created unprecedented challenges for our families, our loved ones, our communities, and our country," said Jill Soltau, chief executive officer of JCPenney, in a statement released on Friday, May 15. "As a result, the American retail industry has experienced a profoundly different new reality, requiring JCPenney to make difficult decisions in running our business to pr…

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by Joe Lombardi
Business
COVID-19: Neiman Marcus Becomes First Department Store To File For Bankruptcy During Pandemic COVID-19: Neiman Marcus Becomes First Department Store To File For Bankruptcy During Pandemic
Covid-19: Neiman Marcus Becomes First Department Store To File For Bankruptcy During Pandemic High-end retailer Neiman Marcus became the first department store to file for bankruptcy amid the novel coronavirus (COVID-19) pandemic. The outbreak temporarily forced the closure of all 43 Neiman Marcus stores, as well as the company's Bergdorf Goodman stores and Last Call outlets, in late March. On Thursday, May 7, the company said in a statement that it has entered into a restructuring agreement with creditors that will allow it to "substantially reduce debt and position the company for long-term growth." No specific store closures have been announced. Neiman Marcus, whose headq…

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by Joe Lombardi
Business
COVID-19: Nordstrom Permanently Closing 16 Stores COVID-19: Nordstrom Permanently Closing 16 Stores
Covid-19: Nordstrom Permanently Closing 16 Stores Nordstrom has announced it plans to close 16 of its luxury department stores as it makes adjustments to its business model amid the novel coronavirus (COVID-19) pandemic. The company is also planning phased reopenings of its other 100 stores. Nordstrom did not list what locations are closing but said it will start contacting employees who are affected. It will also implement curbside pickup and returns and speed up digital services, CEO Erik Nordstrom said in a statement. Earlier story - COVID-19: Retailer J.Crew, With 450 Stores Throughout Nation, Files For Bankruptcy Nordstrom, ba…

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by Joe Lombardi
Business
COVID-19: Here's How Much Online Grocery Sales Are Increasing Amid Pandemic COVID-19: Here's How Much Online Grocery Sales Are Increasing Amid Pandemic
Covid-19: Here's How Much Online Grocery Sales Are Increasing Amid Pandemic The demand for home delivery and online store pickup grocery sales have skyrocketed during the novel coronavirus (COVID-19) pandemic, according to a new report. Home delivery and store pickup online grocery sales reached a new 30-day record for April, hitting $5.3 billion and marking a 37-percent increase from $4 billion in March, according to the latest Brick Meets Click and Symphony RetailAI Online Grocery Survey. The report found the month-to-month sales growth represents a 33 percent increase in the monthly number of online orders, from 46.9 million to 62.5 million. There was also a 3 p…

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by Zak Failla
Lifestyle
COVID-19: Here's One Bright Spot In Record March Retail Sales Decline COVID-19: Here's One Bright Spot In Record March Retail Sales Decline
Covid-19: Here's One Bright Spot In Record March Retail Sales Decline Though the novel coronavirus (COVID-19) pandemic has wreaked havoc on retail stores in the entire nation, grocery and beverage store sales skyrocketed to new heights, according to newly released data. While retailers have seen businesses plummet, grocery stores and beverage depots have seen sales increase by more than 25 percent since the outbreak began in early March, according to a new report from the National Retail Federation. According to the U.S. Census Bureau, the overall retail business was down 8.7 percent from February to March, and down 6.2 percent at the same point last year. Th…

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by Zak Failla
Business
COVID-19: Reports Of 'Mass Call Out' Of Employees 'Grossly Exaggerated,' Amazon Says COVID-19: Reports Of 'Mass Call Out' Of Employees 'Grossly Exaggerated,' Amazon Says
Covid-19: Reports Of 'Mass Call Out' Of Employees 'Grossly Exaggerated,' Amazon Says A planned “mass call out” of Amazon employees over safety concerns amid the novel coronavirus (COVID-19) outbreak was “grossly exaggerated,” according to the retail giant. Hundreds of Amazon employees said this week that they have pledged not to go into work, according to worker rights group United for Respect. “Amazon's response to the coronavirus outbreak has unnecessarily put the lives of Amazon employees at increased risk and exposure,"  the group wrote online. "There are now over 130 warehouses where employees have contracted COVID-19 (Coronavirus) including some warehouses with …

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by Zak Failla
Business
COVID-19: DeCicco & Sons' Eight Area Stores Schedules Some Sunday Closures To Give Staff Rest COVID-19: DeCicco & Sons' Eight Area Stores Schedules Some Sunday Closures To Give Staff Rest
Covid-19: DeCicco & Sons' Eight Area Stores Schedules Some Sunday Closures To Give Staff Rest A popular grocery store chain is going to begin closing its eight stores in Westchester and Putnam counties on Sundays amid the novel coronavirus (COVID-19) pandemic in order to give their staff time off to rest and spend time with their families. All DeCicco & Sons stores, including locally in Brewster, Ardsley, Armonk, Harrison, Larchmont, Millwood, Pelham, and Somers, will begin the Sunday closures on Sunday, April 19 and again on Sunday, April 26, when they will reconsider the practice. A lot of behind the scenes efforts take place every day to make sure the stores are extra clean a…

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by Kathy Reakes
Business
COVID-19: Retailers Install Plexiglass Barriers At Cash Registers To Protect Workers COVID-19: Retailers Install Plexiglass Barriers At Cash Registers To Protect Workers
Covid-19: Retailers Install Plexiglass Barriers At Cash Registers To Protect Workers Some of the nation’s largest retailers are taking drastic measures to ensure that staff and customers stay safe during the outbreak of the novel coronavirus (COVID-19). Walmart - and other national retail store chains - have installed plexiglass barriers at cash registers, and employees have been directed to wear masks, gloves and are being given additional breaks to wash hands. Additionally, Walmart has reduced store hours to allow employees to make time for sanitizing stores and installing the sneeze guards, which will help limit the spread of airborne droplets, which is the predominant w…

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by Zak Failla
Business
COVID-19: Kohl's Closes 1,100 US Stores COVID-19: Kohl's Closes 1,100 US Stores
Covid-19: Kohl's Closes 1,100 US Stores Kohl's is temporarily closing all 1,100 of its stores in the United States amid the novel coronavirus (COVID-19) pandemic.  The closure is effective after the close of business on Thursday, March 19. It will last through at least Wednesday, April 1. Store workers will get two weeks of pay after the closure, the company's CEO, Michelle Gass said in a statement. The website and app will continue to operate for home-delivery purchases. Late last week, Kohl's said it had experienced "softening" sales in stores after the outbreak started but that online demand had not been affected.&…

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by Joe Lombardi
Business
COVID-19: Macy's, Bloomingdale's, Nordstrom To Close All Stores COVID-19: Macy's, Bloomingdale's, Nordstrom To Close All Stores
Covid-19: Macy's, Bloomingdale's, Nordstrom To Close All Stores Three of the nation's largest retailers -- Macy's, Bloomingdale's and Nordstrom -- will be closing their stores temporarily due to the spread of the novel strain of the coronavirus (COVID-19). Macy's said it would close all stores, including Bloomingdale's locations, at the end of the business day on Tuesday, March 17 through Tuesday, March 31. That's the same time frame for Nordstrom's scheduled closure. Online stores for all three will stay open.  "The health and safety of our customers, colleagues and communities is our utmost priority," said Jeff Gennette, chairman and chief …

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by Joe Lombardi
Business
Nearly Two Dozen Modell's Stores Slated For Closure Nearly Two Dozen Modell's Stores Slated For Closure
Nearly Two Dozen Modell's Stores Slated For Closure With online shopping leading to the demise of many traditional brick-and-mortar retailers, Modell’s Sporting Goods announced it will be closing nearly two dozen East Coast stores in an attempt to save the entire company. Eight Modell’s locations will be closing in New York - including one on Long Island - though the Hudson Valley avoided the chopping block.  The move comes so the retailer can avoid filing for bankruptcy as soon as Sunday, March 1, according to reports. Modell’s didn’t announce which Long Island location would be closing, and no closing dates or start of closing sales …

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by Zak Failla
Business
Luxury Retailer Barneys Sets Closing Date For Its Stores Luxury Retailer Barneys Sets Closing Date For Its Stores
Luxury Retailer Barneys Sets Closing Date For Its Stores Barneys New York luxury goods stores and its corporate office will officially be closed later this month, costing hundreds of jobs after the company went bankrupt. The once iconic luxury retailer will shutter the doors of 15 stores across the country as of Sunday, Feb. 23, with 719 employees losing their jobs, according to the New York State Department of Labor. According to reports, any employee at the 97-year-old chain who has worked for the company at least two years received five-weeks severance, though workers did not receive accrued vacation time. The closures come after Barneys file…

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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
News
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…

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by Joe Lombardi