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57°
Monday, dec 30
Tag:
JCPenney
Police & Fire
Teen Hid Recording Device Inside Multiple Bathrooms Including Jersey City Mall: Prosecutor
An 18-year-old Jersey City resident was arrested and charged on Tuesday, Oct. 1 after police found he hid a recording device inside a public restroom at a local mall, authorities said. A woman discovered the black device while using the family restroom on the first floor of JCPenney at the Newport Mall, Hudson County Prosecutor Esther Suarez said. The Hudson County Special Victims Unit investigated and identified Andy Cardenas as the person of interest, Suarez said. Multiple electronic/digital files were recovered from the recording device, which contained images from …
Business
Nearly 50K Massage Guns Sold Nationwide Recalled Due To Fire, Burn Hazards
Nearly 50,000 massage guns sold at major retailers across the country are being recalled due to more than a dozen reports of overheating and a burn injury. The US Consumer Product Safety Commission (CPSC) announced this week that Homedics is recalling tens of thousands of personal massagers that ca overheat while charging, leading to a report of fire or burn risk. In total, approximately 46,000 are being recalled in the US, and another 41,000 in Canada, according to federal officials. The recall includes "HoMedics Therapist Select Massagers" with model number HHP-715 and a 120 VAC, 6…
News
List
: Bankrupt GNC Closing 248 Stores, Including 20 In NJ, NY
GNC on Wednesday released a list of stores that the company is closing in New Jersey and New York as part of its filing for Chapter 11 bankruptcy protection. The retailer, which had 5,200 stores in the U.S. and 7,300 worldwide at the end of March, said it expects to close anywhere from 800 to 1,200 of them, beginning with those listed below. GNC already was submerged in an estimated $700 million in debt and facing delisting on the New York Stock Exchange when COVID-19 struck. The coronavirus pandemic “created a situation where we were unable to accomplish our refinancing and the abrupt cha…
News
Pier 1 Closing All Stores For Good, Cites 'New Reality, Uncertainty Of Post
-covid
World'
Pier 1 Imports has become the latest retailer knocked against the ropes by the "new reality" of online shopping and finished off by COVID-19. Nearly 60 years after its first store opened -- and three months after filing for bankruptcy -- the company announced Tuesday that it wants to close all retail operations "as soon as reasonably possible." The explosion in online shopping, intense competition from larger chains and the coronavirus pandemic "are requiring us to wind down," Robert Riesbeck, Pier 1’s chief executive and chief financial officer, said in a statement. "This decisi…
News
JCPenney Closing 242 Stores
JCPenney plans to permanently close 242 stores this year and next as it continues to reel from billions of dollars of debt, severe competitive disadvantages and the coronavirus pandemic. “Penney’s” cited COVID-19 when filing for bankruptcy late last week – the fourth national retailer to do so this month following J.Crew, Neiman Marcus and Stage Stores. "Until this pandemic struck, we had made significant progress rebuilding our company," CEO Jill Soltau said in a statement Friday. "Implementing this financial restructuring plan through a court-supervised process is the best path to ensure…
Business
JCPenney Files For Bankruptcy
JCPenney has filed for bankruptcy, becoming the largest retailer to crumble during the coronavirus crisis. The retailer has 11 stores in New Jersey and is expected to announce which ones will close in the coming weeks. JCPenney hopes to come out of Chapter 11 "and this pandemic as a stronger retailer," company CEO Jill Soltau said. The Garden State Plaza location shuttered in March 2018. Click here for more from the New York Times.