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Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says
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…

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by Joe Lombardi
Business
Advance Auto Parts To Close Over 700 Stores Advance Auto Parts To Close Over 700 Stores
Advance Auto Parts To Close Over 700 Stores A nationwide auto parts retailers says it will close over 700 stores as part of “a strategic plan to improve business performance.” Advance Auto Parts, which has about 4,800 total stores, and locations in almost every state, made the announcement on Thursday, Nov. 14. The affected outlets will close by May 2025 and are made up of 523 corporate stores, and 204 independently owned locations. In addition, four distribution centers will also close. Specific locations to be closed have not yet been announced. In announcing the move, President and Chief Executive Officer Shane O’Kelly said…

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by Joe Lombardi
Business
Monmouth Mall To Open First New Store Amid $500M Redevelopment Monmouth Mall To Open First New Store Amid $500M Redevelopment
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…

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by Chris Spiker
Obituaries
Bernie Marcus, Billionaire Co-Founder Of The Home Depot From NJ, Dead At 95 Bernie Marcus, Billionaire Co-Founder Of The Home Depot From NJ, Dead At 95
Bernie Marcus, Billionaire Co-Founder Of The Home Depot From NJ, Dead At 95 Bernie Marcus, who helped found The Home Depot and grew up in Newark, died on Monday, Nov. 4 at the age of 95, the hardware chain announced. Born to Russian Jewish immigrants, Marcus dreamed of being a doctor while growing up in Newark, according to an obituary posted by The Home Depot. His family couldn't afford medical school, so he attended Rutgers University and received a degree in pharmacy, his obituary reads. Marcus worked for several companies before he became chairman of the board and president of Handy Dan Improvement Centers, according to his obituary. After getting fired from Ha…

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by Sam Barron
Business
These 10 NJ Stop & Shop Stores Have Closed These 10 NJ Stop & Shop Stores Have Closed
These 10 NJ Stop & Shop Stores Have Closed New Jersey officially has 10 fewer Stop & Shop stores. The 10 underperforming locations closed were among 32 nationwide that the grocer announced would be closing by year's end. Stop & Shop has kept 350 stores open, including 47 in New Jersey. The stores that closed on or before Nov. 2 were: 1083 Inman Ave., Edison 1049 US Highway 1 South, Edison 4861 US Highway 9, Howell 1278 US Highway 22, Phillipsburg 581 Stelton Rd., Piscataway 625 Paterson Ave., Carlstadt 1221 State Route 27, Franklin Township 130 Skyline Dr., Ringwood 505 Richmond Ave, Point Pleasant Beach 2275 West County …

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by Cecilia Levine
Business
Walgreens To Close 1,200 Stores Walgreens To Close 1,200 Stores
Walgreens To Close 1,200 Stores Walgreens plans to close about 1,200 stores over three years amid a decline in prescription drug payments and a rise in online competition. About 500 closures will come in 2025, the company announced in a statement released Tuesday morning, Oct. 15. Specific sites for store closures were not announced. Walgreens said its operating loss in fiscal 2024 was $14.1 billion, an increase of 104.5 percent compared to the year-ago period. Retail sales decreased 3.5 percent compared with the year-ago quarter, "reflecting a challenging retail environment and continued channel shift," Walgreens s…

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by Joe Lombardi
Business
7-Eleven To Close Hundreds Of Stores 7-Eleven To Close Hundreds Of Stores
7-Eleven To Close Hundreds Of Stores Convenience store chain 7-Eleven is closing hundreds of stores in North America. Parent company Seven & I Holdings said that the 444 locations were “underperforming.” They make up about 3 percent of 7-Eleven's total of around 13,000 outlets in the US, Canada, and Mexico. Specific sites of the stores have not yet been released. In announcing the closures, the company said that 7-Eleven stores saw a 7.3 percent decline in traffic in August, saying a "pullback in consumer spending has persisted beyond prior expectations" that has affected store traffic and sales growth "as consu…

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by Joe Lombardi
Business
Spirit Halloween Bringing 4 Spirit Christmas Stores To NJ: Here's Where Spirit Halloween Bringing 4 Spirit Christmas Stores To NJ: Here's Where
Spirit Halloween Bringing 4 Spirit Christmas Stores To NJ: Here's Where Spirit Halloween is decking the halls with Spirit Christmas. The pop-up Halloween costume and decor company is opening 10 Spirit Christmas stores across New York, New Jersey, Massachusetts, and Connecticut (scroll for a list of locations). "Each store offers a unique shopping experience, brimming with a vast assortment of holiday décor, apparel, inflatables, gifts, and stocking stuffers," company spokeswoman Nikki Balles said in a statement to Daily Voice.  "Guests can meet Santa for their annual Christmas card photo and receive a free digital postcard featuring you and Santa. Wander …

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by Cecilia Levine
Police & Fire
Long Branch Woman Used Company Credit Card To Spend $80K+ On Remodeling Kitchen: Prosecutors Long Branch Woman Used Company Credit Card To Spend $80K+ On Remodeling Kitchen: Prosecutors
Long Branch Woman Used Company Credit Card To Spend $80K+ On Remodeling Kitchen: Prosecutors A Long Branch woman was accused of using her former employer's credit card to buy herself more than $80,000 in items, authorities said. Nadine Hurd, 37, was charged with second-degree theft by unlawful taking, Monmouth County Prosecutor Raymond Santiago said in a news release on Monday, Sept. 30.  Investigators said Hurd spent more than $80,000 between 2018 and 2023 while working as the customer service and inventory manager for an unnamed manufacturing company in Wall Township. An analysis of financial records found that Hurd used the company's credit card to buy …

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by Chris Spiker
News
Woman Charged With Selling $18M In Bogus Coupons Downloaded In NJ: Feds Woman Charged With Selling $18M In Bogus Coupons Downloaded In NJ: Feds
Woman Charged With Selling $18M In Bogus Coupons Downloaded In NJ: Feds A San Antonio, TX, woman was arrested and charged with selling more than $18 million worth of counterfeit coupons used at various retail stores across the United States — including New Jersey — for the purchase of household items, federal officials said. From June 2020 through June 2024, Janet Bernal — who goes by the names Rocky, Rocky G, Rocky Gee, and RockyG-Kruella — orchestrated a scheme to produce and sell fraudulent, counterfeit coupons for use by purchasers at retail stores throughout the United States, including large pharmacies and grocery stores, U.S. Attorney Philip R. …

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by Cecilia Levine
Business
Perdue Recalls Frozen Chicken Products Due To Possible Metal Contamination Perdue Recalls Frozen Chicken Products Due To Possible Metal Contamination
Perdue Recalls Frozen Chicken Products Due To Possible Metal Contamination Perdue is recalling frozen, ready-to-eat chicken breast nuggets and tender products that may be contaminated with foreign material, specifically metal. The US Department of Agriculture’s Food Safety and Inspection Service (FSIS) said the products may be contaminated with foreign material, The frozen, ready-to-eat chicken breast nugget and tender items were produced on Saturday, March 23.  The following products are subject to recall: 22-oz. (1.38-lbs.) vacuum-sealed plastic packages containing “PERDUE Simply Smart ORGANICS Breaded CHICKEN BREAST NUGGETS” with Best If Used By d…

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by Joe Lombardi
News
Auntie Anne's Drops Pretzel Perfume: 'You Know You Knead It' (POLL) Auntie Anne's Drops Pretzel Perfume: 'You Know You Knead It' (POLL)
Auntie Anne's Drops Pretzel Perfume: 'You Know You Knead It' (Poll) Auntie Anne's just dropped the hottest scent of the summer: Knead. The shopping mall pretzel giant announced its Eau De Pretzel, on Wednesday, Aug. 7, which according to a news release bottles up its unmistakable scent, most commonly associated with glossy floors and ambient lighting. "The perfume transforms the iconic aroma fans love into a wearable scent infused with notes of buttery dough, salt and a hint of sweetness," wrote Auntie Anne's, which began at a farmer's market in Downingtown, PA in 1998. "Each spritz evokes the experience of passing an Auntie Anne's stor…

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by Cecilia Levine
Business
Boar's Head Expands Deli Meat Recall To Include 7 Million Extra Pounds Boar's Head Expands Deli Meat Recall To Include 7 Million Extra Pounds
Boar's Head Expands Deli Meat Recall To Include 7 Million Extra Pounds Boar's Head has expanded a recall of deli meat products due to possible Listeria contamination. Click here for a new, updated story: Boar's Head Facing Lawsuit Over Deli Meat Recall  The company said on Tuesday, July 30, that it is now recalling approximately seven million additional pounds of ready-to-eat meat and poultry products.  This expansion includes 71 products produced between Friday, May 10, and Monday, July 29, 2024, under the Boar’s Head and Old Country brand names, the US Department of Agriculture’s Food Safety and Inspection Service (FSIS) said. They have “s…

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by Joe Lombardi
News
Lucky Again: $4M Mega Millions Ticket Sold In NJ Market's Second Massive Winner Of 2024 Lucky Again: $4M Mega Millions Ticket Sold In NJ Market's Second Massive Winner Of 2024
Lucky Again: $4M Mega Millions Ticket Sold In NJ Market's Second Massive Winner Of 2024 A convenience store in Monmouth County sold a lottery ticket worth at least $1 million for the second time in less than three months, officials said. A Mega Millions ticket worth $4 million was purchased at Laurel Market on Laurel Avenue in Hazlet, the New Jersey Lottery said in a news release on Wednesday, July 24. The ticket matched five numbers and had the Megaplier of four in the drawing on Tuesday, July 23. The winning numbers were 3, 9, 14, 26, and 51. The Mega Ball was 21. Laurel Market also sold a Jersey Cash 5 ticket that won $1 million in t…

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by Chris Spiker
News
Costco Raising Membership Fees In US, Canada Costco Raising Membership Fees In US, Canada
Costco Raising Membership Fees In US, Canada The Costco Wholesale Corporation has announced membership hikes in the US and Canada for the first time in seven years, according to a news release by the company issued on Wednesday, July 10.  Costco opened the release sharing a June sales growth in the US of 5.6%, which is higher than the past 44 weeks of just 4.4%, the company experienced a decrease in revenue internationally.  On the heels of sharing that news, the company made the announcement about raising the membership fees in both the US and Canada beginning Sept. 1.  Annual memberships are rising $5 making them $65…

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by Jillian Pikora
Business
Bob's Stores To Close All Locations After Filing For Bankruptcy; Retailer Liquidating Inventory Bob's Stores To Close All Locations After Filing For Bankruptcy; Retailer Liquidating Inventory
Bob's Stores To Close All Locations After Filing For Bankruptcy; Retailer Liquidating Inventory Bob's Stores, the family apparel and shoe retailer, will close all of its 21 locations throughout the Northeast after the company said it is bankrupt. The stores will remain open through July 14 as the company sells its remaining items at greatly reduced prices. Some things were marked down as much as 70 percent, according to a news release. The company, which filed for Chapter 11 bankruptcy late last month, is $29.4 million in debt, according to the court filing.  Bob's President Dave Barton apologized to the communities affected by the closures.  We regret that our financ…

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by Josh Lanier
Business
Free T-Shirts, Hoagie-Building Competition To Celebrate Wawa's Newest Central Jersey Store Free T-Shirts, Hoagie-Building Competition To Celebrate Wawa's Newest Central Jersey Store
Free T-Shirts, Hoagie-Building Competition To Celebrate Wawa's Newest Central Jersey Store A Wawa is opening in Monmouth County and the convenience store chain will celebrate its 60th anniversary along with the new location, officials said. The new Wawa will be open at 3052 Route 35 in Hazlet on Thursday, June 27, the company said in a news release.  The store will officially open at 8 a.m. and a grand opening ceremony will be held at 8:30 a.m. The first 100 customers will get free "In My Wawa Era 60th Anniversary" t-shirts.  After a ribbon cutting, the store will have the "Hoagies for Heroes" sandwich-building competition between police officers and firefighters.…

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by Chris Spiker
Business
Amazon Fresh Opening Second NJ Grocery Store In Former Toys 'R' Us Building Amazon Fresh Opening Second NJ Grocery Store In Former Toys 'R' Us Building
Amazon Fresh Opening Second NJ Grocery Store In Former Toys 'R' Us Building A new Amazon supermarket is about to open in Monmouth County, officials said. The Amazon Fresh in Eatontown will officially open on Thursday, June 20, the company said in a news release. It will be the second Amazon Fresh location in New Jersey after one opened in Paramus in July 2022. The Eatontown store is located at 137 Route 35 in a 35,500-square-foot space once occupied by Toys“R”Us. "This new, affordable grocery store in the community will offer wide selection of quality groceries and a convenient shopping experience," Amazon said in its release. "We’re also proud to support the…

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by Chris Spiker
Police & Fire
Paterson Trio Stole Purses In 'Distract And Grab' Scheme At NJ Stores: Police Paterson Trio Stole Purses In 'Distract And Grab' Scheme At NJ Stores: Police
Paterson Trio Stole Purses In 'Distract And Grab' Scheme At NJ Stores: Police Three people from Paterson were accused of distracting shoppers in Brick Township and stealing from them, authorities said. Brick Township police arrested 35-year-old Oswaldo Uribe-Acosta, 27-year-old Salvia Beraun-Villanueva, and 58-year-old Oscar Lopez-Salcedo on Tuesday, June 11, the department said in a news release. Police received several reports in May from victims whose wallets or purses were taken from shopping carts.  Investigators said Beraun-Villanueva would distract a shopper and Uribe-Acosta or Lopez-Salcedo would steal a wallet or purse. The susp…

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by Chris Spiker
Business
Smile, You're On Body Camera: TJ Maxx To Equip Employees To Fight Shoplifting Smile, You're On Body Camera: TJ Maxx To Equip Employees To Fight Shoplifting
Smile, You're On Body Camera: TJ Maxx To Equip Employees To Fight Shoplifting To fight the recent rise in shoplifting and retail theft, shoppers could see store security employees wearing body-worn cameras to help catch thieves red-handed.  TJX, the parent company of TJ Maxx, Marshalls, Serria, HomeSense, and HomeGoods, said will begin equipping some employees with body-worn cameras similar to those worn by police, the Boston Globe reported. The company started testing the initiative last year.  The company operates nearly 3,400 stores nationwide.  A call to the Framingham, Massachusetts, headquarters of TJX for comment was not immediately r…

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by Josh Lanier