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Store Closures

Business
Foot Locker Closing Stores In Major Shakeup: 'Clean Out The Garage' Foot Locker Closing Stores In Major Shakeup: 'Clean Out The Garage'
Foot Locker Closing Stores In Major Shakeup: 'Clean Out The Garage' Several Foot Locker stores are closing a few months after Dick's Sporting Goods purchased the sneaker chain in a $2.5 billion deal. Dick's announced the closures in its third-quarter earnings report on Tuesday, Nov. 25. The Pittsburgh-based sporting goods giant completed its purchase of Foot Locker in September. The restructuring aims to prevent Foot Locker from weighing down Dick's profits. "At Foot Locker, we've assembled a world-class management team and are taking decisive actions to 'clean out the garage' by clearing unproductive inventory, closing underperforming stores and…

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by Chris Spiker
Business
Claire's Closing Seven NJ Stores, 290+ Nationwide After Bankruptcy Filing: See Which Ones Claire's Closing Seven NJ Stores, 290+ Nationwide After Bankruptcy Filing: See Which Ones
Claire's Closing Seven NJ Stores, 290+ Nationwide After Bankruptcy Filing: See Which Ones Claire's has revealed nearly 300 of its stores that will be closing as the popular mall brand navigates bankruptcy. The well-known children's jewelry and ear-piercing retailer released a list of the 291 locations that are shuttering in a bankruptcy court filing on Monday, Aug. 25. That includes 71 Claire's and Icing stores across the Northeast. The closures add to the financial pressure facing the mall chain, which filed for bankruptcy earlier in August. Claire's is working to restructure nearly $500 million in debt by December 2026, Bloomberg reported. Columbia, Maryland-based Ames W…

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by Chris Spiker
Business
Major Home Goods Chain Declares Bankruptcy, Blames Trump Tariffs: See List Of Closing NJ Stores Major Home Goods Chain Declares Bankruptcy, Blames Trump Tariffs: See List Of Closing NJ Stores
Major Home Goods Chain Declares Bankruptcy, Blames Trump Tariffs: See List Of Closing NJ Stores A popular home goods retailer is declaring bankruptcy, citing President Donald Trump’s sweeping tariffs and a significant drop in consumer spending. At Home has filed for Chapter 11 bankruptcy, the Dallas-area company announced on Monday, June 16. The retailer said it reached a deal with lenders to eliminate nearly $2 billion in debt and receive a $200 million capital infusion. The move will allow At Home to continue operating during the court-supervised restructuring process. "We are continuing to offer the home furnishing pairings that customers expect to find at our store…

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by Chris Spiker
Business
CVS Closing Hundreds Of Stores Across US CVS Closing Hundreds Of Stores Across US
CVS Closing Hundreds Of Stores Across US CVS says it will close 271 retail locations across the country by the end of the year. The company — the world’s second-largest healthcare provider — announced the move to stockholders late last week as part of an enterprise-wide restructuring plan. The goal, CVS says, is to simplify the organization, improve efficiency, and generate more than $500 million in cost savings in 2025. CVS has not yet released which stores will be affected or when closures will take place. The company currently operates around 9,100 stores across the US. Founded in 1963 in Lowell, Massachusetts, CVS is n…

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by Joe Lombardi
Business
This NJ Kohl’s Is Among 27 Closing This Weekend, Company Confirms This NJ Kohl’s Is Among 27 Closing This Weekend, Company Confirms
This NJ Kohl’s Is Among 27 Closing This Weekend, Company Confirms Twenty-seven underperforming Kohl’s stores are set to close their doors for good this weekend, with Saturday, March 29 marking the final day of business for more than two dozen locations across the country. Closures include stores in the following states: Pennsylvania: Pottstown, 351 W. Schuylkill Road New Jersey: East Windsor, 72 Princeton Hightstown Road Massachusetts: Stoughton, 501 Technology Center Drive Virginia: Herndon, 2100 Centreville Road; Williamsburg, 100 Gristmill Plaza In addition to the store closures, Kohl’s announced it will shut down its San Bernardino E-commerce Fulfill…

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by Cecilia Levine
Business
Dollar Tree Sells Family Dollar For $1B As Tariffs, Online Rivals Pressure Discount Chains Dollar Tree Sells Family Dollar For $1B As Tariffs, Online Rivals Pressure Discount Chains
Dollar Tree Sells Family Dollar For $1B As Tariffs, Online Rivals Pressure Discount Chains Family Dollar is being sold for $1 billion — about one-ninth of what Dollar Tree paid for it a decade ago — as discount chains nationwide face fierce online competition and President Donald Trump's tariff threats. Dollar Tree will offload Family Dollar to Brigade Capital Management and Macellum Capital Management, the company said in a news release on Wednesday, Mar. 26. The deal follows a full review of strategic alternatives and is expected to close later this spring. Family Dollar will stay headquartered in Chesapeake, Virginia. The chain's current president Jason Nordin w…

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by Chris Spiker
Business
Dollar General Closing 140+ Stores, Profits Drop As Retailers Struggle Nationwide Dollar General Closing 140+ Stores, Profits Drop As Retailers Struggle Nationwide
Dollar General Closing 140+ Stores, Profits Drop As Retailers Struggle Nationwide Dollar General will close more than 140 stores after a sharp drop in profits, marking a shift in strategy as the discount retailer faces rising costs and changing consumer habits. Dollar General will shut down at least 96 Dollar General locations and 45 pOpshelf stores in 2025, the company said in a news release on Thursday, Mar. 13. There are about 20,434 Dollar General stores and 231 pOpshelf locations, according to data company ScrapeHero. Another six pOpshelf stores will be converted into Dollar General locations. "As we look to build on the substantial progress we made …

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by Chris Spiker
Business
CVS To Open Pharmacy-Only Locations Amid Store Closings, Corporate Layoffs CVS To Open Pharmacy-Only Locations Amid Store Closings, Corporate Layoffs
CVS To Open Pharmacy-Only Locations Amid Store Closings, Corporate Layoffs CVS is rolling out a new wave of smaller-format pharmacies in select communities nationwide as it tries to adapt to changes in the retail world. CVS plans to open at least a dozen of these compact pharmacies nationwide in 2025, a spokesperson confirmed to Daily Voice on Monday, Mar. 10. The pharmacy-only locations aim to improve access to medications, immunizations, and pharmacist-provided health care services. Each location will average less than 5,000 square feet, with a full-service pharmacy and a limited selection of over-the-counter products tailored to a community. "By taki…

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by Chris Spiker
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
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
Bed Bath & Beyond To Eliminate Nearly 1,300 Jobs At These NJ Locations Bed Bath & Beyond To Eliminate Nearly 1,300 Jobs At These NJ Locations
Bed Bath & Beyond To Eliminate Nearly 1,300 Jobs At These NJ Locations Nearly 1,300 Bed Bath & Beyond workers are about to lose their jobs in New Jersey, according to a WARN notice filed by the company. The WARN notice was filed with the New Jersey Department of Labor and Workforce Development, saying hundreds of jobs are going to be eliminated across the state. Jobs will be eliminated from the following locations: Port Reading (e-commerce fulfillment center), 572 jobs, March 28 Secaucus (warehouse), 84, April 5 Union (headquarters), 377, April 9 Totowa (Harmon), 262, April 1 Earlier this year, Bed Bath & Beyond announced it would be closin…

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by Cecilia Levine
Business
Bed Bath & Beyond Closures Include 36 NJ Locations Bed Bath & Beyond Closures Include 36 NJ Locations
Bed Bath & Beyond Closures Include 36 NJ Locations Three dozen Bed Bath & Beyond stores in New Jersey are among 87 locations scheduled to close in 2023, the struggling retailer announced. That brings the total number of Bed Bath & Beyond locations scheduled to close to at least 162 announced since September 2022. A spokesperson told Axios that the latest round of closures will include all of the company's Harmon beauty shops, as well as five Buy Buy Baby locations. The following locations in New Jersey are set to close in 2023: Bridgewater, 155 Promenade Blvd. Mays Landing,190 Hamilton Commons Mays Landing Mount Laurel, 8 Centert…

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by Cecilia Levine
Business
Bed Bath & Beyond To Shutter These 3 NJ Locations Bed Bath & Beyond To Shutter These 3 NJ Locations
Bed Bath & Beyond To Shutter These 3 NJ Locations Three New Jersey Bed Bath & Beyond stores will shutter by the end of the year, the company announced this week. The company announced earlier this year it planned on closing 150 stores, and on Thursday, Sept. 15, released a list of 56 that will close by the end of 2022. Those stores are: Flanders, 30 International Dr. Manalapan, 13 Route 9 S. Paramus, 34 E Ridgewood Ave. Bed Bath & Beyond has 28 stores in New Jersey, and headquarters in Union. The company did not give exact closing dates.

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by Cecilia Levine
News
Bed Bath & Beyond Exec Leaps To His Death From NYC's Jenga Tower Bed Bath & Beyond Exec Leaps To His Death From NYC's Jenga Tower
Bed Bath & Beyond Exec Leaps To His Death From NYC's Jenga Tower A Bed Bath & Beyond executive leapt 18 stories to his death from New York City's "Jenga" tower Friday, Sept. 2, multiple reports say. Gustavo Arnal, 52, was the executive vice president and chief financial officer at the Union, NJ-based company. Calls reporting a jumper came around 12:30 p.m. from the 60-story building's location in lower Manhattan's Tribeca neighborhood at 56 Leonard Street near Church Street, according to the Daily Mail. Messages left with Bed Bath & Bed and Arnal’s family on Saturday, Sept. 3 were not immediately returned, the New York Post said. Shares in…

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by Joe Lombardi
Real Estate
CVS Shutters Central Jersey Store Amid Plan To Close Hundreds CVS Shutters Central Jersey Store Amid Plan To Close Hundreds
CVS Shutters Central Jersey Store Amid Plan To Close Hundreds CVS Health has closed one of its New Jersey stores as part of a broader plan to shutter 900 stores by 2024. The company’s only store in Metuchen, located at 45 Pearl St. closed on Dec. 28, according to several reports. “All prescriptions will be seamlessly transferred to the nearby CVS Pharmacy at 913 Oak Tree Ave. in South Plainfield, which is less than 4 miles away, ensuring that pharmacy customers continue to have uninterrupted access to service," the company said in a statement. CVS Health will be closing 900 stores across the US in the next three years, the company announced in Novemb…

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by Jon Craig
Real Estate
NJ Bed Bath & Beyond Store Among Dozens Closing NJ Bed Bath & Beyond Store Among Dozens Closing
NJ Bed Bath & Beyond Store Among Dozens Closing Nearly 40 more Bed Bath & Beyond stores will be closing in February, according to a new report from USA Today. Among them, one in New Jersey. Liquidation sales are underway at the 37 stores, including the one on River Road in Edgewater, the outlet says. Last June, the company announced it would be closing 200 stores over the next two years. Locations in Jersey City, Howell, and Rockaway were some of the first to go. Click here for more from USA Today.

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by Cecilia Levine
News
CVS To Close 900 Stores CVS To Close 900 Stores
CVS To Close 900 Stores CVS Health will be closing 900 stores across the US in the next three years, the company announced Thursday. "The company has been evaluating changes in population, consumer buying patterns and future health needs to ensure it has the right kinds of stores in the right locations for consumers and for the business," according to the news release.  "As part of this initiative, CVS Health will reduce store density in certain locations and close approximately 300 stores a year for the next three years." Approximately 300 stores will close each year for the next three years, said the drug …

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by Cecilia Levine
Business
NJ Target Store Weeks Away From Opening NJ Target Store Weeks Away From Opening
NJ Target Store Weeks Away From Opening Another former Kmart store is being replaced by a new Target store -- this time in Atlantic County.  The newest Target to land in Somers Point is set to open this month in, NJ.com says citing news reports. Kmart vacated its anchor store at Somers Point Plaza, a popular shopping center off of Route 9.  Target Corp also has plans to replace a shuttered Kmart store in Wall, Monmouth County, and Kearney in Hudson County. A shuttered Kmart store in Mercer County is being replaced by a popular discount Grocery Outlet store as reported here by Daily Voice. 

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by Jon Craig
Business
Another NJ Bed Bath & Beyond Store Closing, Report Says Another NJ Bed Bath & Beyond Store Closing, Report Says
Another NJ Bed Bath & Beyond Store Closing, Report Says Another Bed Bath & Beyond store is expected to close permanently this fall, part of a nationwide closure plan affecting about 200 locations. The major retailer’s store at 400 Marin Blvd. in Jersey City is set to close in November, a store employee told NJ Advance Media. In July 2020, Bed Bath & Beyond officials announced that 200 of its namesake stores would be shut down over a two-year period -- accounting for about one-fifth of all its BB & B stores nationwide. The big-box chain cited a steep drop in sales due to the coronavirus pandemic at the time.  Two other Bed Bath …

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by Jon Craig
Business
4 NJ Disney Stores Among Nearly 60 Closing Across America 4 NJ Disney Stores Among Nearly 60 Closing Across America
4 NJ Disney Stores Among Nearly 60 Closing Across America So long, farewell... Disney is closing nearly 60 of its brick and mortar stores across the US come Sept. 15. DisneyDisney Among them, four in New Jersey. According to the Disney Store website, the following stores are closing in the Garden State: Deptford: Deptford Mall, 1750 Deptford Center Road Edison: Menlo Park Mall, 55 Parsonage Road Jackson: Jackson Premium Outlets, 537 Monmouth Road Paramus: Garden State Plaza, 1 Garden State Plaza Blvd. After the next round of closings, only 25 stores will remain in operation. Disney last March announced at least 60 of its North America stor…

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by Cecilia Levine
Business
Report: GNC Closes Additional 40 New Jersey Stores Report: GNC Closes Additional 40 New Jersey Stores
Report: GNC Closes Additional 40 New Jersey Stores After filing for Chapter 11 bankruptcy in June, GNC has announced closures of an additional 40 stores. The nutritional supplement company had originally planned on closing just 10 stores. According to NJ.com, the following 50 stores have either closed, or will soon: Blackwood, Gloucester Premium Outlets Bridgewater, Bridgewater Commons Cinnaminson, The Shoppes At Cinnaminson Closter, Heidenberg Plaza Delran, Hartford Corners Denville, The Shoppes At Union Hill Denville,  Diamond Spring Road Deptford, Deptford Mall East Hanover, Hanover Commons East Rutherford, American Dream Mall E…

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by Cecilia Levine
Business
Bed Bath & Beyond Cutting Nearly 3,000 Jobs Starting Immediately Bed Bath & Beyond Cutting Nearly 3,000 Jobs Starting Immediately
Bed Bath & Beyond Cutting 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
Ulta Beauty To Close 19 Stores Ulta Beauty To Close 19 Stores
Ulta Beauty To Close 19 Stores Ulta Beauty announced plans to close 19 stores this year. Shops slated to get the ax have not been announced, but the beauty supplies chain has shops across New Jersey that could be impacted. Ulta Beauty top officials blamed COVID-19’s economic disruption as the reason for the cuts. Even while it closes some stores, Ulta Beauty has plans to open 30 more. Efforts will be made to transfer employees from closed shops to new or already existing ones, the company said in a press release. In New Jersey, Ulta has stores in Edgewater, Clifton, Maywood, Garfield, Cedar Knolls, Wayne, Montvale, L…

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by Kristin Palpini
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 U.S. and Canada this year, parent company L Brands announced.  Ohio-based L Brands did not detail the closure locations, but there are 42 Victoria's Secret stores in New Jersey and 1,000 nationwide.  L Brands also announced that 51 Bath & Body Works stores in the U.S. and Canada will close this year. There are 10 Bath & Body stores in New Jersey and 1,635 stores nationwide. The popular retail chain joins others in announcing permanent store closures in recent weeks including J.Crew, Neiman Marcus, JC Pe…

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by Jon Craig
Business
2 Central Jersey Modell's Stores Closing 2 Central Jersey Modell's Stores Closing
2 Central Jersey Modell's Stores Closing National retail chain Modell’s Sporting Goods is closing two stores in Central Jersey, company officials said. CEO Mitchell Modell announced last week 24 locations would close nationwide in an attempt to preserve the whole company and save the jobs of 4,300 families. The Central Jersey stores closing are located on Route 9 in Englishtown and Green Street in Woodbridge.  A third store in Camden County will also be closing, officials said. Official closing dates have not been announced. There are currently more than 30 Modell’s stores in New Jersey, according to the company’s website,…

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by Jon Craig