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Hundreds Of NJ Workers To Be Laid Off From These Major Corporations This Year Hundreds Of NJ Workers To Be Laid Off From These Major Corporations This Year
Hundreds Of NJ Workers To Be Laid Off From These Major Corporations This Year Hundreds of New Jersey workers will be out of a job this year as several major companies slash their workforces, according to state WARN (Worker Adjustment and Retraining Notification) filings. From retail giants to pharmaceutical leaders, the layoffs span multiple sectors and impact communities across the state. Here’s what’s coming: Walmart – Hoboken Effective date: June 13, 2025 Employees impacted: 481 The notice was posted in February. Bristol Myers Squibb – Lawrence Township Effective dates: May 22, June 6, June 20, and Aug. 1, 2025 Employees impacted: 223 Layoffs at the pharmaceu…

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by Cecilia Levine
Business
Lowe's Will Close All Locations For 24 Hours: Here's Why Lowe's Will Close All Locations For 24 Hours: Here's Why
Lowe's Will Close All Locations For 24 Hours: Here's Why Lowe's will once again close all stores on Easter Sunday. A spokesperson for the home improvement chain confirmed the closings to Daily Voice on Monday, April 7. The Easter holiday falls on Sunday, April 20. The closure applies to all Lowe's stores nationwide. "This day off will give our associates the opportunity to spend some extra time with their loved ones," the spokesperson said. "It's a way to show appreciation to Lowe’s associates for their dedication to serving our customers." This marks the sixth straight year the home improvement chain has given a day off to employees on Ea…

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by Chris Spiker
Business
Big Lots Unveils Reopening Plan For Hundreds Of Stores After Bankruptcy Filing Big Lots Unveils Reopening Plan For Hundreds Of Stores After Bankruptcy Filing
Big Lots Unveils Reopening Plan For Hundreds Of Stores After Bankruptcy Filing Big Lots stores will reopen under new ownership more than seven months after the chain filed for bankruptcy. Discount retailer Variety Wholesalers, the new owner of Big Lots, announced the reopening plan in a news release on Friday, April 4. Big Lots applied for bankruptcy in September 2024 and Variety Wholesalers purchased hundreds of locations about three months later. Variety is planning a four-phase rollout following the company’s acquisition of 219 Big Lots locations out of bankruptcy. "We're thrilled to bring the Big Lots! brand back to life by offering more deals…

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by Chris Spiker
Business
Layoffs Hit Pandemic-Era Heights As Musk Slashes Federal Jobs, Trump's Widespread Tariffs Begin Layoffs Hit Pandemic-Era Heights As Musk Slashes Federal Jobs, Trump's Widespread Tariffs Begin
Layoffs Hit Pandemic-Era Heights As Musk Slashes Federal Jobs, Trump's Widespread Tariffs Begin The US saw one of its largest waves of layoffs in decades, fueled by billionaire Elon Musk's efforts to purge the federal government, as markets fear the financial impacts of President Donald Trump's sweeping new tariffs. US employers announced 275,240 job cuts in March, outplacement firm Challenger, Gray & Christmas said on Thursday, Apr. 3. That's the third-highest monthly amount since Challenger began tracking layoffs in 1989, only surpassed by the height of the COVID-19 pandemic in April and May of 2020. So far in 2025, employers have announced 497,052 job cuts — the highe…

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by Chris Spiker
Business
Trump Imposes Sweeping Tariffs Amid Economic Fears, Says US Was 'Raped' By Trade Partners Trump Imposes Sweeping Tariffs Amid Economic Fears, Says US Was 'Raped' By Trade Partners
Trump Imposes Sweeping Tariffs Amid Economic Fears, Says US Was 'Raped' By Trade Partners President Donald Trump has announced sweeping new tariffs, accusing allies and adversaries of looting the US economy, despite consumer confidence sinking domestically and growing recession fears. Trump revealed the tariffs during a news conference in the Rose Garden at the White House on Wednesday, April 2. The President called the day "liberation day," alluding to what he claims is a trade imbalance caused by his predecessors. The new measures impose a baseline 10% tariff on all imports. Those will begin on Saturday, April 5, according to the White House. Sharply higher rates for dozens o…

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by Chris Spiker
Business
Recall Issued For Tostitos Chips Sold In 13 States Recall Issued For Tostitos Chips Sold In 13 States
Recall Issued For Tostitos Chips Sold In 13 States Shoppers in more than a dozen states are being urged to check their snack shelves following a new safety alert involving a popular brand of tortilla chips. Frito-Lay has issued a voluntary recall of a limited number of 13-ounce bags of Tostitos Cantina Traditional Yellow Corn Tortilla Chips after it was discovered the bags may contain nacho cheese chips with undeclared milk.  The company said people with a milk allergy or severe sensitivity could face a serious or life-threatening reaction if they consume the product. The impacted chips were distributed through retail and e-commerce c…

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by Joe Lombardi
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
Trader Joe's Bringing Back Internet-Chic Mini Totes: How You Can Get Yours Trader Joe's Bringing Back Internet-Chic Mini Totes: How You Can Get Yours
Trader Joe's Bringing Back Internet-Chic Mini Totes: How You Can Get Yours The viral mini canvas tote bags at Trader Joe's are returning with a spring twist. Trader Joe's will resume selling the limited-edition bags at stores nationwide, a company spokesperson confirmed to the Daily Voice on Monday, Mar. 24. The totes will be $2.99, coming in new pastel shades of blue, pink, purple, and green. The spokesperson said the exact date the bags will be available will vary by store but TODAY.com reported the totes will be for sale as soon as April. "If customers have any questions about product availability, they can ask any crew member in their neighborhood s…

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by Chris Spiker
Business
Forever 21 Collapses: Bankruptcy Forces US Stores To Shut Down, Reports Say Forever 21 Collapses: Bankruptcy Forces US Stores To Shut Down, Reports Say
Forever 21 Collapses: Bankruptcy Forces US Stores To Shut Down, Reports Say Forever 21 is going out of business in the US after struggling against online rivals Shein and Temu, according to reports. Forever 21 filed for bankruptcy protection for the second time in six years and has already started liquidation sales at more than 350 stores, CNBC reported. Its US operations are expected to shut down entirely unless a buyer steps in. Sparc Group, Forever 21's operator, had been searching for a buyer for months and contacted more than 200 potential bidders. Court filings show that 30 parties signed confidentiality agreements, but no viable deal materialized. Talks wit…

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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
News
Grocery Shoppers Pivot As Inflation Reshapes Spending Grocery Shoppers Pivot As Inflation Reshapes Spending
Grocery Shoppers Pivot As Inflation Reshapes Spending As inflation continues to strain household budgets, consumers are scaling back purchases of both name-brand and private-label snacks and drinks.  TreeHouse Foods, a leading manufacturer of private-label products for major retailers like Walmart and Trader Joe’s, is now feeling the pinch, according to a report by The Wall Street Journal.  After initially benefiting from consumers shifting toward budget-friendly options, TreeHouse is now seeing slower sales growth as rising costs for essentials like coffee and eggs impact spending, the outlet said. Once a growth driver, private-lab…

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by Joe Lombardi