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Seasons Kosher Supermarket To Reopen In Westchester After Bankruptcy
Seasons, the nation’s largest kosher supermarket chain, which was forced to declare bankruptcy late last year, is returning to Westchester with new owners.
Under the management of businessman Joseph Bistritzky's family, Seasons will be reopening their 12,000-square-foot location in Scarsdale, in time for Passover. Other openings are planned in Clifton, Lakewood, Lawrence and Queens,
The Scarsdale location will reopen at 1 p.m. on Sunday, March 3 in the Golden Horseshoe Shopping Center on Wilmot Road.
The new location will seem supersized to shoppers, with a new state-of-the-art kitchen and…
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…
Nation's Largest Mattress Retailer Will Close 700 Stores
Mattress Firm, the nation's largest mattress retailer, will close 700 stores nationwide, including four in New York, after filing for bankruptcy.
It has more than 3,200 stores and nearly 10,000 employees in the U.S. and in recent years had aggressively expanded its retail footprint.
That rapid expansion of stores, including locations often close to each other, resulted in "cannibalization" of sales, the company said.
The four New York locations closing are:
Old Country Road, Plainview
Hylan Blvd, Staten Island
Avenue U, Brooklyn
Flatbush Avenue, Brooklyn
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Daily Voice
