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Business Closure

Business
Party City Going Out Of Business, Closing All 800 Stores Party City Going Out Of Business, Closing All 800 Stores
Party City Going Out Of Business, Closing All 800 Stores The party is over for a popular chain store that's been in business for decades. Party City is “winding down” operations immediately at its approximately 800 locations, CEO Barry Litwin told corporate employees  in a video call on Friday, Dec. 20, CNN reports. Workers were told they will not receive severance pay, and that their benefits would end as the company goes out of business, CNN says. The company, headquartered in in Woodcliff Lake, New Jersey, is running low on cash and unable to pay rent in some locations, according to an earlier Bloomberg report. Party City was foun…

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by Joe Lombardi
Business
TGI Friday's Suddenly Closes At Least 12 Restaurants TGI Friday's Suddenly Closes At Least 12 Restaurants
TGI Friday's Suddenly Closes At Least 12 Restaurants Casual dining chain TGI Fridays has closed at least a dozen of its restaurants in the last few weeks. Click here for a new, updated story: TGI Friday's Files For Bankruptcy Weeks After Sudden Closures Of At Least 12 Restaurants According to the company's website and other reports, the following locations are now listed as permanently closed: New York Middletown, 23 Crystal Run Crossing Poughkeepsie, 2594 South Road (Route 9) Clifton Park, 1 Southside Drive  Connecticut Enfield, Freshwater-Stateline Plaza, 130 Elm Street Pennsylvania Allentown,  395 S Ceda…

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by Joe Lombardi
Sports
Historic Freehold Raceway To Permanently Close At End Of 2024 Historic Freehold Raceway To Permanently Close At End Of 2024
Historic Freehold Raceway To Permanently Close At End Of 2024 Freehold Raceway, the oldest racetrack in the U.S., will close after two centuries of competitions and Monmouth County history, officials said. Freehold Raceway will hold its final live races and simulcast operations on Saturday, Dec. 28, the half-mile track said in a news release. Harness racing has been held since the 1830s at the Park Avenue facility in the borough. Employees and affected stakeholders were notified of the closing on Thursday, Sept. 19. "This was an extremely difficult decision, especially given the historical importance of Freehold Raceway to the local community an…

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by Chris Spiker
News
These NJ Stop & Shop Stores Are Among 32 Underperforming Locations Slated For Closure These NJ Stop & Shop Stores Are Among 32 Underperforming Locations Slated For Closure
These NJ Stop & Shop Stores Are Among 32 Underperforming Locations Slated For Closure Stop & Shop has released a list of the 32 underperforming stores by the end of the year. The grocery giant in March announced that it planned on closing a number of stores "in the interest of company longevity," as previously reported by Daily Voice. On Friday, July 12, Stop & Shop announced the locations of stores it expected to close on or before Nov. 2. Scroll down for the complete list. The 32 impacted store locations, which are anticipated to close on or before Nov. 2, 2024, include: New Jersey 1083 Inman Ave., Edison 1049 US Highway 1 South, Edison 4861 US Highway 9, Howel…

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by Cecilia Levine
Business
Foodiehall Delivery-Takeout Store Shutters In South Jersey Foodiehall Delivery-Takeout Store Shutters In South Jersey
Foodiehall Delivery-Takeout Store Shutters In South Jersey A popular takeout and delivery food joint in Camden County has closed after three years in business. Foodiehall on Olney Avenue in Cherry Hill shuttered for good on June 15, according to a Facebook post.  "It is with mixed emotions that I’m announcing the closing of Foodiehall. This has been a difficult decision, and we are sad to say goodbye," owner Dan Goldberg wrote. Foodiehall was best known for its Simply Fowl, DaNick’s Craft Burgers, Mac n Toastie and Beer-Battered Cauliflower Tacos. "I would like to thank our staff, past and present, for being such an important part of ou…

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by Jon Craig