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Wednesday, dec 25
Tag:
Macy’s
Business
Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says
A Macy’s employee misstated up to $154 million in delivery expenses over several years, the company just said. The development forced the retailer to delay its third-quarter earnings report. The employee, whose name has not been released, has been fired. According to the company, the employee responsible for accounting small package delivery expenses made erroneous accrual entries to conceal the costs from the fourth quarter of 2021 through the most recent quarter. During that time, Macy’s reported a total of $4.36 billion in delivery expenses. The company conducted an independent investi…
Business
Monmouth Mall To Open First New Store Amid $500M Redevelopment
The first store at a revamped Monmouth Mall is about to open, officials said. The new Barnes & Noble location in Eatontown will open on Wednesday, Nov. 20, the bookstore chain said in a news release. The previous store closed about two weeks before the new location's opening. The new space is a few hundred yards away from Macy's. "We are very pleased to be opening this beautiful new bookstore here in Eatontown," Barnes & Noble CEO James Daunt said. "The Eatontown booksellers have gone above and beyond to have this new space ready so soon after closing the previous location, and jus…
Business
Monmouth Square Holds Eatontown Groundbreaking
A more than $500 million project to transform a Monmouth County mall into an open-air town center has officially begun, officials said. A groundbreaking ceremony was held on Thursday, May 9 at the Monmouth Mall in Eatontown, developer Kushner said in a news release on Monday, May 13. The mall will be redeveloped into a modern center with luxury apartments, new retail options, and medical office space called Monmouth Square. Kushner said the project to "de-mall" the property off Route 35 will bring a new purpose to the historic Monmouth Mall, which has been open for 64 years. …
Business
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…
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…
Lifestyle
'Bucket List Wish:' Rutgers Marching Band To Perform In Macy's Thanksgiving Day Parade
The Rutgers University Marching Band is getting ready to check off a longtime "bucket list wish:" Perform in the Macy's Thanksgiving Day Parade. Led by drum major Amelia Ainbinder, of Middletown (Class of 2024), the marching band will be performing for more than 3 million live spectators, and even more watching from home on television. The more than 300-person band has been preparing for the parade since last November, when they found out they were among the 11 bands chosen to perform — the only one representing New Jersey. "To be invited to march in the 2023 Macy's Thanksgiving Day Parad…
News
Gotcha
! Wayne Police Not Fooled By Bogus Bomb Threat At Willowbrook Mall
The driver of a stolen car stopped by Wayne police called in a bomb threat at the Macy’s in the Willowbrook Mall in the hopes of distracting them, authorities charged. Capt. Michael McNiff wasn’t fooled. While units responded to the 911 call at the mall, McNiff reminded officers on the road that it could be a diversionary tactic, Detective Capt. Dan Daly said. Sure enough, the call was traced to Shaquanda White, 30, of East Orange, who was driving a Honda Accord that had just been stopped by Officer Chris Savitsky outside the Yard House restaurant at Willowbrook, the captain said. The se…
Business
Clarks Americas Recalls Women’s Shoes For Potentially Dangerous Chemical Hazard
Eight styles of women’s shoes are being recalled across the globe by Clarks due to concerns about toxins inside the product, the retailer announced. The US Consumer Product and Safety Commission (CPSC) issued an alert regarding a recall of approximately 113,000 shoes under the "Breeze" style name that were sold stateside and an additional 10,000 in Canada that pose a potential chemical hazard. "Prolonged and direct contact with the shoes’ upper material can expose the wearer to the chemicals benzidine and/or dimethoxybenzidine, which are toxic and can cause adverse health effects,” accordin…
Real Estate
Mall Reimagined: Westfield's Garden State Plaza Announces Developer In Upcoming Transformation
The Westfield Garden State Plaza has announced its development partner in its upcoming transformation that will bring luxury apartments and a town green to the Route 17 mall in Paramus. Mill Creek Residential has partnered with Unibail-Rodamco-Westfield (URW) ahead of the first phase of a 30-acre, mixed-use vision for the property featuring residences, green spaces, and a restored Sprout Brook, the mall announced Monday, Aug. 22. Rendering of Westfield's Garden State Plaza transformation.Unibail-Rodamco Westfield Anticipated to break ground in 2024 and slated to open to residents in 202…
News
Bang From Smash-And-Grab Macy's Jewelry Theft Sends Paramus Mall Patrons Fleeing
Patrons fled the Garden State Plaza in Paramus on Wednesday after being frightened by what turned out to be a loud bang from a smash-and-grab jewelry theft at Macy's. One woman said her son ducked into a bathroom after he heard what sounded like a gunshot, then joined others running from the building after a Shake Shack manager urged him to flee. "Police were pulling up as he left," she said. Paramus Police Chief Kenneth Ehrenberg confirmed the jewelry smash and grab. A report of shots fired was "bogus," he said. Initial details were sketchy. A vehicle involved in the incident -- believe…
News
Captured
: Violent Jersey City Fugitive Wanted In Maryland Busted For Shoplifting In Wayne
A violent fugitive from Jersey City who's wanted in Maryland remained held in the Passaic County Jail after he was busted for shoplifting, authorities said. Authorities in Anne Arundel County, MD are seeking the extradition of Jonathan D. Peralta, 37, to answer a theft charge there, Wayne Police Detective Capt. Dan Daly said. Officers also discovered outstanding warrants out of Hoboken, Paramus, East Brunswick and Lawrence Township after security at Macy’s in the Willowbrook Mall seized him, Daly said. Peralta has an extensive criminal history that includes an arrest for a gunpoint robber…
News
Reputed Mob Boss, Trash-Hauling Giant Carmine 'Papa Smurf' Franco Of Ramsey Dies
Carmine “Papa Smurf” Franco, a reputed Genovese Crime Family boss who became a leader and innovator in the trash hauling industry in New Jersey, Rockland and Westchester, died Monday following complications from COVID-19. Franco, 85, who’d recently lived in the Bears Cove townhouse development in Ramsey, made his name in the waste industry over a five-decade career. He designed and built the country’s first materials recovery facility and New Jersey’s first transfer station, among other projects, and led the charge that produced a U.S. Supreme Court ruling against the Rockland town of Clark…
Police & Fire
Seen
HIM? Wayne Police ID Peeper Who Took Upskirt Pic Of Woman In Mall Bathroom Stall
Wayne police turned to the public Wednesday for help finding a Newark fugitive who they said took an “upskirt” photo of a woman using a toilet in a Willowbrook Mall bathroom. Aware that authorities were searching for him, Mohammad Abass, 40, fled the area and was believed to be in upstate New York or Vermont, Detective Capt. Daniel Daly said. He may be driving a gray or silver 2004 Honda Accord with New Jersey license plates: A12LGM. The woman told police she was using the facilities at Macy’s on Aug. 14 when the man “reached under from the stall beside her while holding a cellphone from …
News
Seen
HIM? Dreadlocked Intruder Snaps ‘Upskirt’ Pic Of Woman In Willowbrook Bathroom Stall
Wayne police released surveillance photos of a man who they said went into a woman’s bathroom at the Willowbrook Mall, took an “upskirt” photo of a woman using a toilet, then ran down an up escalator as she chased him. The woman told police she was using the facilities at Macy’s when the man “reached under from the stall beside her while holding a cellphone from which she observed a flash,” Detective Capt. Dan Daly said Friday. “What are you doing?” the woman exclaimed as she dressed herself and knocked on the next stall. The intruder, in turn, “stood up and waved his hands in the air,” th…
Police & Fire
Compactor Fire Clears Route 4 Mall
The Shops at Riverside off Route 4 in Hackensack was evacuated Tuesday as city firefighters doused a compactor blaze. Sprinklers temporarily kept the fire in check before firefighters took over on the Macy's loading dock beneath the parking garage shortly before 2 p.m. A DPW truck pulled the contractor out so they could extinguish the blaze. The fire didn’t spread to the interior of the mall, responders said. Teaneck and Bogota firefighters provided mutual aid. At the scene.Jerry DeMarco At the Shops at Riverside off Route 4 in Hackensack.Jerry DeMarco
Business
Tuesday Morning Retailer Struck By Coronavirus Closing 7 NJ Stores
Home goods retailer Tuesday Morning is the latest national outlet to seek bankruptcy protection, company officials said. Tuesday Morning's closing is a result of the "immense strain of the COVID-19 pandemic," the Dallas-based retail chain said in a statement. At least seven Tuesday Morning stores in New Jersey will close as a result of the bankruptcy. The discount home retailer has 11 stores in the Garden State, Tuesday Morning Corp., founded in 1974, said it expects to close about 230 of its 687 stores nationwide. New Jersey stores that will remain closed are in East Hanover, Middl…
Business
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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