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Tuesday, nov 5
Business
Saks Fifth Avenue Acquires Neiman Marcus For $2.65B With Amazon As Partner
Luxury department store Saks Fifth Avenue has acquired rival Neiman Marcus, with Amazon jumping on board with a stake in the newly combined company. HBC, the parent company of Saks, entered into an agreement to acquire Neiman Marcus Group, the parent company of Neiman Marcus and Bergdorf Goodman, for a total enterprise value of $2.65 billion. As part of the deal, Amazon will provide logistics in what HBC says will be a "technology-powered luxury retail company." “We're thrilled to take this step in bringing together these iconic luxury names, Saks Fifth Avenue, Neiman Marcus, and Ber…
Business
Trader Joe's Recalling Candles Sold Nationwide Due To Possible Safety Risks
Trader Joe's is cautioning customers to trash a certain scented candle that poses a potential safety risk, the grocery giant announced. The company issued an alert regarding its "Mango Tangerine Scented Candle," which they say may have an "unexpected burn pattern." According to Trader Joe's officials, the candle flame can spread from the wick to the wax causing a larger than expected flame, presenting a burn or fire risk. Trader Joe’s Mango Tangerine Scented Candle Trader Joe's The recalled candles, which are part of the company's seasonal rotation were sold nationwide. The pr…
Business
‘Is He Serious?’ NY Ice Cream Shop Owner Accused Of Stealing Employees’ Tips
Social media is abuzz with outrage after a New York mother accused an ice cream shop owner of withholding customer tips that were given to her 15-year-old son and other employees. In a post on a community Facebook page Monday, July 1, the Long Island resident said her son quit his job at the Hauppauge business after the owner allegedly told him he “can’t figure out” how to separate tips that customers paid using a debit or credit card on his point-of-sale system. “I am not one who tips for every little thing, but people were tipping these kids on their credit cards, which they really apprec…
Business
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…
Business
Salon Tragedy: Video Shows Alleged Drunk Driver Crash Into NY Business, Killing Cop, 3 Others
Newly released video shows the moment an alleged drunk driver crashed his SUV into a New York nail salon, killing four people, including a police officer, and injuring nine others. The Long Island incident happened at around 4:30 p.m. Friday, June 28, in the hamlet of Deer Park. Suffolk County Police said Steven Schwally, age 64, of Dix Hills, was speeding southbound through a Kohl’s parking lot, near Commack Road and Grand Boulevard, before he crossed Grand Boulevard and crashed through the front window of Hawaii Nail & Spa. Earlier Report: IDs Released Of 4 Killed, Including C…
Business
Baskin-Robbins Sets Opening Date For New Capital Region Store
Ice cream giant Baskin-Robbins is set to open its only location in the Capital Region. The national chain, known for its “31 flavors” slogan, will hold a soft opening for its Albany County store – located in Guilderland’s Hamilton Square – on Friday, June 14, owner Taslim Yousaf told WTEN. A grand opening celebration will take place before the end of the month, manager Jennifer Loso teased on Facebook. Earlier Report: Baskin-Robbins Opening Store In Guilderland “It’s a proudly, locally-owned franchise,” Yousaf told WTEN. “We are here to serve our local community, bringing something…
Business
NY Woman Sues Cold Stone Over Lack Of Pistachios In Ice Cream
A New York woman has filed a class action lawsuit against Cold Stone Creamery, claiming that the company falsely advertised a number of its flavors. The lawsuit, filed by Nassau County resident Jenna Marie Duncan, may soon move to court, according to documents. Duncan, who is from Farmingdale, claimed that in July 2022, she visited a Levittown Cold Stone for a frozen treat. She ordered the pistachio ice cream under the guise that it contained pistachios. However, Duncan later looked at ingredient lists on the Cold Stone website, which revealed that the pistachio ice cream did not list…
Business
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…
Business
Updated List Of Scheduled Red Lobster Closures Includes 5 New NY Locations
Red Lobster plans to close more restaurants just weeks after it filed for bankruptcy, according to a new report. In a bankruptcy petition filed on Sunday, May 19, the company listed assets of $1 billion and liabilities of $10 billion. Days before the filing, dozens of Red Lobster locations were listed as "temporarily closed" on the company's website, including these New York locations: Kingston, Scarsdale, Nanuet, Poughkeepsie, Stony Brook In an updated list of closures reported by CNN on Thursday, June 6, five new locations in New York have been added to the list, including it…
Business
Back In Business: Capital Region Diner Reopens After Health Inspector's Closure For Insects
This story has been updated. A troubled restaurant in the region is back open days after state health inspectors shut it down over an insect problem. Saratoga County’s Route 50 Diner – located in Ballston Spa at 2002 Doubleday Avenue – was closed Thursday, May 30, after a New York State Department of Health inspector uncovered a cockroach infestation, according to the agency’s report. The report added that the business, which opened in 2017, is working with a pest control company “for ongoing treatment” to mitigate the issue. Owner Brian Hyra confirmed the development in a defi…
Business
Popular Eatery To Open New Location In Northern Westchester: Here's When
If you've been craving sweets, mark your calendars: a popular cookie company known for unique flavors is opening another location in Northern Westchester. New, updated report - Update: Popular Eatery's New Location Now Open In Northern Westchester Crumbl Cookies will hold a grand opening for a new location in Yorktown Heights at 3333 Crompond Rd. Suite 2A on Friday, June 7, the company announced on social media. The company's locations are known for serving six unique flavors of cookies that rotate every week. Some of the company's 275-plus specialty flavors include co…
Business
Nationwide Recall Issued For Ground Black Pepper Due To Possible Health Risk
A nationwide recall has been issued for a brand of ground black pepper that could be contaminated with Salmonella. UBC Food Distributors issued the recall for the product under the Baraka brand name in 7-ounce plastic containers with UPC code 8 22514 26626 6, the Food & Drug Administration (FDA) announced. The company said it was notified of the potential for contamination based on a routine state surveillance sample collected by the New York Department of Agriculture and Markets that tested positive for Salmonella the presence of Salmonella in some packages of the product. Salmon…
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