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Tuesday, sep 17
Business
$70.4M Sale Of NJ Mall Means $155.7M Loss For Investors, Report Says
Seventy million may seem like a lot. But context is everything. New Jersey's troubled Woodbridge Center sold to an unnamed buyer for $70.4 million in February, according to credit-rating firm Kroll. While the sale resolved a loan issue, investors suffered a $155.7 million loss, Kroll Bond Rating Agency (KBRA) said. In 2015, the 1.7 million-square-foot mall was acquired by Brookfield when it was appraised at $366 million, according to CoStar, a DC-based commercial real estate firm that analyzes market trends. The February 2024 sale was even lower than its most recent appraisal last Oct…
Business
Millburn Deli Being Sold To Jersey Mike's? Check The Date
The Millburn Deli gave its customers quite a scare with an announcement that ended up being an April Fool's Day joke. On Sunday, March 31, the iconic deli, which has locations in Millburn, Morristown, Montclair and Westfield, told customers on Facebook it was being sold to Jersey Mike's. Customers freaked out until the deli, a Millburn institution since 1946, revealed the ruse. "We apologize for the scare and thank you for all the love," the deli wrote. "Millburn Deli has and always will be the Millburn Deli. Don't take your hanger out on our employees this week." And yes, the deli …
Business
McDonald's, Krispy Kreme Announce Nationwide Partnership: Here's How, When It Will Work
It could be the sweetest of partnerships. McDonald's and Krispy Kreme are teaming up for a national expansion. Customers will begin spotting Krispy Kreme doughnuts in their local McDonald's restaurants later this year as part of a phased market rollout across the US. Nationwide availability at participating restaurants is expected by the end of 2026, McDonald's announced on Tuesday, March 26. Three of Krispy Kreme’s most popular doughnuts will be delivered fresh to McDonald’s restaurants daily. They’ll be available individually, or in boxes of six, starting at breakfast and las…
Business
Acclaimed French Restaurant Opening Second Location In Hudson County
Diners in Hudson County are going to be saying "ooh la la" to its newest addition to the restaurant scene. Faubourg, a French restaurant that opened to acclaim in Montclair in 2019, is opening a second location in Weehawken this summer at 1100 Avenue at Port Imperial, a block from the Hudson River waterfront. View this post on Instagram A post shared by Faubourg Montclair (@faubourgmontclair) Dominique Paulin and Chef Oliver Muller said every detail in the new restaurant is "meticulously planned" to enhance the guest experience, with Fa…
Business
Buffalo Wild Wings Opens In North Jersey, Offering Free Wings For A Year
Want to eat 312 chicken wings over the course of a year for free? Head to Bergen County and get in line. The first Buffalo Wild Wings in Bergen County is opening in Fair Lawn on Wednesday, March 27 at 2108 Maple Ave. in the ShopRite Shopping Plaza at 10:30 a.m. The first 50 guests in line will get a voucher for six free wings every week for 52 weeks at the Fair Lawn location. The 1,300 square-foot restaurant will offer traditional and boneless wings, chicken tenders, chicken sandwiches, burgers, sides and 26 Buffalo Wild Wings signature sauces and dry rubs. The restaurant is open Su…
Business
Shell To Close 1,000 Gas Stations: Here's Why, Company Says
One of the nation's major oil companies says it will close 1,000 gas stations. Shell made the announcement in its 2024 Energy Transition Strategy report, saying the measure is “in response to customer needs” and aimed at reallocating those resources towards EV charging stations. Shell said it will close 500 stations in 2024 and the other 500 in 2025. "We believe growth in oil demand is set to slow in the second half of this decade and could start falling in the 2030s because of increasing vehicle efficiency and growth in electric vehicles," the company stated in the report. "Toda…
Business
Candy Company Makes $70 Million Investment To New Jersey Site
Mars is continuing its commitment to Warren County. The company that produces M&Ms, Snickers, Altoids, and Ben's Original announced a $70 million investment to its site in Hackettstown. The money will go toward a new Research and Development Innovation Studio, including a new test kitchen and packaging lab. Mars celebrated the investment with a ribbon cutting that included an appearance by the blue and red M&Ms. "The continued investment in our Hackettstown site re-affirms our commitment to innovation in New Jersey," Anton Vincent, the president of Mars Wrigley North America…
Business
Duck Donuts Opens Morris County Location
Duck Donuts has added another New Jersey location to its fleet. The popular doughnut shop held a grand opening Route 10 in Whippany Saturday, March 16. This year for St. Patrick's Day, Duck Donuts is offering a Duck Donuts Lucky Duck Assortment featuring limited-time magical charms cereal topping and green vanilla icing. Available through Sunday, March 17, the Lucky Duck Assortment features magical combinations such as: Bacon Shamrock: green vanilla icing with chopped bacon Strawberry Magical Charms: strawberry icing with limited-time magical charms and marshmallow drizzle Luc…
Business
187K Air Fryers, Ovens Sold At Best Buy Nationwide Recalled For Fire, Burn Hazards
Nearly 200,000 more Insignia air fryer and air fryer ovens sold nationwide at Best Buy are being recalled due to potential fire risks and burn hazards. The Consumer Product Safety Commission (CPSC) announced a recall of approximately 187,400 Insignia products following dozens of complaints of ovens catching fire, burning, or melting. According to CPSC, the recall includes these models of Insignia Air Fryers and Insignia Air Fryer Ovens: NS-AF34D2; NS-AF5DSS2; NS-AF5MSS2; NS-AF8DBD2; NS-AF10DBK2; NS-AF10DSS2. Product rating label on the underside of the unit showing INSIGNIA…
Business
Wild Fork, Meat, Seafood Grocery Store Opens In Paramus
A store known for its seafood and meat has recently opened in Paramus. NOW OPEN in Paramus, NJ! Come stop by our newest #WildFork store and tag a friend who needs to join you ⬇️ 📍 723 State Route 17 Paramus, NJ 07652 Posted by Wild Fork Foods on Tuesday, March 5, 2024 Wild Fork opened this month at 723 Route 17 South. The store offers more than 450+ meat and seafood items, including Wagyu. The meat is sourced from farms in Nebraska and Colorado and wet-aged. Wild Fork also offers Iberico Pork from Spain and seafood from the Mediterranean. Paramus patrons are already s…
Business
New NJ QuickChek Features No-Fee ATMs, 12 Fueling Stations
A new QuickChek has opened in Essex County. QuickChek recently opened a new 4,542-square-foot store in Belleville at 190 Cortlandt Street. The store celebrated its grand opening on Tuesday, March 5. Russ Mensch The store offers no-fee ATMs, 12 fueling stations, outdoor seating and 51 parking spaces. The location will be open 5 a.m. to 1 a.m., seven days a week. QuickChek has been expanding throughout the Garden State, recently opening locations in East Hanover and Scotch Plains.
Business
What Losing Its Only Starbucks Means For Trenton
Trenton is about to lose its one and only Starbucks. The Starbucks at 102 S. Warren St., in Trenton, has been a "vital source of employment and opportunity for Trenton youth since 2017," Mayor Reed Gusciora told Daily Voice on Tuesday, March 12. The store's last day in business will be March 30, according to a Starbucks spokeswoman. “It is disheartening to learn of Starbucks’ decision to close their community store," the mayor said. The Community Store program represented Starbucks’ commitment to serving marginalized communities, regardless of profit margins, he said. "While we appr…
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