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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
Here's Look At New ShopRite Opening In Hudson Valley Here's Look At New ShopRite Opening In Hudson Valley
Here's Look At New ShopRite Opening In Hudson Valley An upcoming ShopRite supermarket is giving future customers a sneak peek of the locale's exterior and interior spaces at its location in Northern Westchester.  New, updated report - Latest Update: Here's When New ShopRite Will Open In Mount Kisco In a post on social media on Wednesday, Oct. 16, ShopRite gave residents a glimpse of its new location at 333 North Bedford Rd. (Route 117) in Mount Kisco, which is expected to open towards the end of the year.  Earlier Report - New ShopRite Locale Preparing To Open In Mount Kisco The sneak peek includes a look at the bui…

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by Ben Crnic
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 Opening 10 Spirit Christmas Stores, Including 1 In Poughkeepsie Spirit Halloween Opening 10 Spirit Christmas Stores, Including 1 In Poughkeepsie
Spirit Halloween Opening 10 Spirit Christmas Stores, Including 1 In Poughkeepsie 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
Business
Big Lots Expands Store Closures Amid Bankruptcy Filing: Here's Rundown Of NY Closures Big Lots Expands Store Closures Amid Bankruptcy Filing: Here's Rundown Of NY Closures
Big Lots Expands Store Closures Amid Bankruptcy Filing: Here's Rundown Of NY Closures Discount retail chain Big Lots has filed for bankruptcy as its list of planned store closures expands. It currently has around 1,425 stores nationwide. The company announced on Monday, Sept. 9 that it will sell its assets to an affiliate of private equity firm Nexus Capital Management. In announcing initial store closures late in late July, Big Lots said a bankruptcy filing could be coming. Stores in the Northeast now slated for closure are as follows: New York Delaware Avenue, Buffalo South Ogden Street, Buffalo Route 5 & 20, Canandaigua  Voice Road, Carle Place Centereach …

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by Joe Lombardi
Business
Store In Hudson Valley Permanently Closes After 37-Year Run Store In Hudson Valley Permanently Closes After 37-Year Run
Store In Hudson Valley Permanently Closes After 37-Year Run After 37 years of business in the region, a popular discount store has decided to close its doors permanently. Located in Ulster County, the Kingston Just-A-Buck and Beyond store at 264 Plaza Road in Kingston Plaza said it has decided to close this location.  "We are so grateful for the wonderful staff and customers we have met and shared the last 37 years with," store officials said. "We will surely miss you all. Much thanks for all of your support throughout the years, it has been greatly appreciated." The store held deep discount sales until the final day in the last week of Augus…

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by Kathy Reakes
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
Business
Trader Joe's Recalling 653K Scented Candles Sold Nationwide Due To Possible Fire Hazard: CPSC Trader Joe's Recalling 653K Scented Candles Sold Nationwide Due To Possible Fire Hazard: CPSC
Trader Joe's Recalling 653K Scented Candles Sold Nationwide Due To Possible Fire Hazard: Cpsc Trader Joe's is cautioning customers to trash a certain scented candle that poses a potential safety risk, the grocery giant announced. The Consumer Product Safety Commission (CPSC) issued a fresh alert this week regarding its "Mango Tangerine Scented Candle," which they say may have an "unexpected burn pattern." In July, the company issued an alert about the products. 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…

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by Zak Failla
Business
Big Lots To Close Hundreds More Stores, Including Several In Massachusetts Big Lots To Close Hundreds More Stores, Including Several In Massachusetts
Big Lots To Close Hundreds More Stores, Including Several In Massachusetts It's more bad news for discount retailer Big Lots. The nationwide chain announced in June that it would close 40 stores following dismal sales and rising costs, but in a new filing last week, the company said it may need to shutter nearly 300 locations — several of them in the Northeast.  Big Lots announced in a US Securities and Exchange Commission filing on Friday, Aug. 2, that under an updated term sheet, the company would need to close 20 percent of its 1,392 stores — about 290 in all.  Here are some of the local closures. Connecticut — Eight stores Manchester — 1…

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by Josh Lanier
Business
New Chipotle Locale Off To Strong Start In Northern Westchester New Chipotle Locale Off To Strong Start In Northern Westchester
New Chipotle Locale Off To Strong Start In Northern Westchester A newly-opened Chipotle restaurant in Northern Westchester featuring a unique store design is already a hit with visitors.  The eatery, which opened in Yorktown at 3180 Crompond Rd. on Wednesday, June 26, is receiving a warm reception from those in the area, according to town officials.  The new restaurant is one of the first Chipotle Mexican Grill locations to boast a new store design that includes a wood tile floor, an art wall, and a metal ceiling.  Earlier Report - New Chipotle Location To Open In Yorktown: Here's Where "The opening of yet another national cha…

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by Ben Crnic
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
Business
Big Lots To Close Pair Of NY Stores Big Lots To Close Pair Of NY Stores
Big Lots To Close Pair Of NY Stores Discount retail chain Big Lots plans to close around 40 stores this year, according to a filing with the Securities & Exchange Commission (SEC). It currently has around 1,425 stores nationwide. Six stores in New York, Connecticut, and Massachusetts are slated to close, with both New York stores on Long Island. No store closures are scheduled for New Jersey. The company cited rising costs and inflation as reasons for the move and said a bankruptcy filing could be coming. Stores in the Northeast slated for closure are as follows: New York 260 Voice Road, Carle Place 231 Centere…

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by Joe Lombardi
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
Capital Region Mall Announces Closure Of 3 Stores, Opening Of 3 More Capital Region Mall Announces Closure Of 3 Stores, Opening Of 3 More
Capital Region Mall Announces Closure Of 3 Stores, Opening Of 3 More It’s out with the old and in with the new at this popular shopping destination in the region. Saratoga County’s Clifton Park Center Mall announced that three of its stores have closed: The Indian restaurant Kati Roll Wala, the CBD Store, and Claire’s. All three businesses were closed as of Sunday, June 30. “The principal of Kati Roll Wala has received an amazing opportunity outside of the region, and while we are saddened by the news, we are very excited for their future venture and wish them the best of luck!” the mall said in a Facebook post. Meanwhile, customers of the CBD Store can vi…

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by Michael Mashburn
Business
Trader Joe's Recalling Candles Sold Nationwide Due To Possible Safety Risks Trader Joe's Recalling Candles Sold Nationwide Due To Possible Safety Risks
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…

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by Zak Failla
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
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
Business
Popular Eatery To Open New Location In Northern Westchester: Here's When Popular Eatery To Open New Location In Northern Westchester: Here's When
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…

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by Ben Crnic
Business
Sam Ash To Close All Locations, Including Westchester Store, After 100 Years In Business Sam Ash To Close All Locations, Including Westchester Store, After 100 Years In Business
Sam Ash To Close All Locations, Including Westchester Store, After 100 Years In Business The largest family-owned chain of musical instrument stores in the nation has announced it will be closing all its locations. Sam Ash Music was founded in 1924, has locations in more than a dozen states, and is headquartered on Long Island, in Hicksville. It currently has 27 stores, including five in New York (White Plains, Carle Place, Manhattan, Brooklyn, Forest Hills), two in New Jersey (in Springfield and Cherry Hill), two in Pennsylvania (in Philadelphia and King of Prussia), one in Connecticut (in New Haven), and one in Virginia (in Richmond). The Ash family made the announcement on …

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by Joe Lombardi
Business
New L.L. Bean Store Set To Open In Hudson Valley New L.L. Bean Store Set To Open In Hudson Valley
New L.L. Bean Store Set To Open In Hudson Valley Popular outdoor gear and flannel shirt retailer L.L. Bean will open its newest store in the region next month. Based in Freeport, Maine, L.L. Bean will open its newest retail store in Ulster County on Friday, May 10, at Ulster Crossing in Ulster. Store officials said the Ulster store is the first of four projected openings in 2024 and the eighth L.L.Bean store to open in New York. It will take the space of the old Bed Bath & Beyond store.  The new store, which is more than 18,000 square feet of retail space, will hire more than 50 people who will help customers gear up for th…

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by Kathy Reakes
Business
Whole Foods To Open New, Small-Format Stores: Look Inside Whole Foods To Open New, Small-Format Stores: Look Inside
Whole Foods To Open New, Small-Format Stores: Look Inside Whole Foods says it will be launching new small-format stores aimed at providing customers with a quick, convenient shopping experience. The company says the stores, targeting urban areas, will provide "easier access to the fresh, high-quality offerings." The new stores will be called Whole Foods Market Daily Shop. The first location to open will be in the Upper East Side in Manhattan with additional locations in New York City to follow.  The first store, located at 1175 Third Ave., is expected to open later this year.  Following the New York City launch, Whole Foods Market pla…

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by Joe Lombardi
Business
3 National Retailers Moving Into Former Kmart Location In Northern Westchester 3 National Retailers Moving Into Former Kmart Location In Northern Westchester
3 National Retailers Moving Into Former Kmart Location In Northern Westchester Several national retail brands will be opening new locations at the site of a former Kmart in Northern Westchester, officials announced.  All-new T.J. Maxx, Michaels, and Five Below locations will be opening in the empty big box store at the Yorktown Green Shopping Center at 335 Downing Dr., Yorktown officials announced on Thursday, March 28.  The announcement follows an effort from the town to fill the space left behind by the defunct Kmart store. "The Town Board has made every effort to facilitate a renaissance for this vital property in the center of Yorktown Heights’ bus…

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by Ben Crnic
Business
Big Lots Closing Capital Region Store Big Lots Closing Capital Region Store
Big Lots Closing Capital Region Store Big Lots is closing one of its stores, leaving just three locations left in the region. In Albany County, the discount retailer will shutter its Colonie store – located at 1892 Central Avenue – by the end of January 2024, a company spokesperson confirmed to Daily Voice. “Consistent with standard retail practices, we review our store footprint on an ongoing basis to make sure we’re best positioned to serve our customers and our business,” they said. “Sometimes this process results in store closings or relocations.” Big Lots shoppers can still visit the following Capital Region locations: M…

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by Michael Mashburn
Business
New Bed Bath & Beyond Closures Include 5 Westchester Stores New Bed Bath & Beyond Closures Include 5 Westchester Stores
New Bed Bath & Beyond Closures Include 5 Westchester Stores Nearly two dozen New York locations are among a new round of scheduled closures announced by struggling home goods retailer Bed Bath & Beyond. Another 87 stores are due to close in 2023, the company announced this week, including 23 locations in New York. That brings the total number of Bed Bath & Beyond locations scheduled to close to at least 162 announced since September 2022. A spokesperson told Axios that the latest round of closures will include all of the company's Harmon beauty shops, as well as five Buy Buy Baby locations. “This store fleet reduction expands the compan…

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by Michael Mashburn
Business
New Bed Bath & Beyond Store Closures Include Westchester Location New Bed Bath & Beyond Store Closures Include Westchester Location
New Bed Bath & Beyond Store Closures Include Westchester Location Struggling home goods retailer Bed Bath & Beyond has announced 56 new store closures that it says will be implemented by the end of the calendar year. The closure list includes five locations in New York State: Nassau County: 251 Airport Plaza Blvd., Farmingdale  Orange County: Orange Plaza 470 Route 211 East, Wallkill Westchester County: 500 East Sandford Blvd., Mount Vernon Oneida County: 4805 Commercial Drive, New Hartford  Clinton County: 73 Centre Drive, Suite 100 Plattsburgh  The company is due to report its results for the second quarter later this …

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by Joe Lombardi
Business
Sears' Last Full-Service Store In Hudson Valley To Close Sears' Last Full-Service Store In Hudson Valley To Close
Sears' Last Full-Service Store In Hudson Valley To Close The last full-service Sears store in the Hudson Valley has announced it will be closing next month after 43 years of serving the community.  The Orange County store, located in the Newburgh Mall, announced on Facebook on Aug. 31 that it would be closing its store on Sunday, Oct. 16. "It's with a heavy heart to be announcing the Sears Store at the Newburgh Mall is closing its doors on October 16th. We want to thank the community for its support over the last 43 years here in the Newburgh Mall," the company said. They went on to announce sales that included everything from refrigerators…

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by Kathy Reakes
Business
Here's Why Walmart Is Suing Competitor BJ's Wholesale For Theft Here's Why Walmart Is Suing Competitor BJ's Wholesale For Theft
Here's Why Walmart Is Suing Competitor BJ's Wholesale For Theft A battle is brewing between two of the country's largest big-box franchises. Walmart is suing rival BJ’s Wholesale Club claiming that the retail giant stole technology to launch a self-checkout feature similar to the ones used at the company’s subsidiary Sam's Club, which boasts nearly 600 locations in the US. Walmart alleges that the company worked for years to develop a “Scan & Go” feature that allowed Sam’s Club customers to ring up purchases on smartphones while shopping, eliminating the need for a long checkout line. The lawsuit, which was filed in federal court, alleges that inn…

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by Zak Failla
Business
NY Is Home To One Of Kmart's Four Remaining US Stores NY Is Home To One Of Kmart's Four Remaining US Stores
NY Is Home To One Of Kmart's Four Remaining US Stores Kmart is largely gone but not forgotten in one New York community, which boasts one of just four locations still standing in the US. For years, the former big-box store giant has been shuttering the doors of its brick-and-mortar locations as it faced increased competition from online retailers. At its peak in the 1990s, Kmart has upwards of 2,400 stores and 350,000 employees throughout the US, though with new closures announced across the country, the store is down to just four locations remaining, including one on Long Island. In Suffolk County, the Bridgehampton Kmart location on Montau…

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by Zak Failla
Business
Amazon Hikes Price Of Prime Membership Amazon Hikes Price Of Prime Membership
Amazon Hikes Price Of Prime Membership Even the world’s largest companies are not immune to inflation. Despite posting record profits, Amazon announced that it will be hiking up prices for its Prime membership, which will rise from $119 to $139 annually or from $12.99 to $14.99 monthly. It marks the first price increase for Prime members since 2018. Current Prime members will see the increase as of Friday, March 25, while new members will start paying the new price as of Friday, Feb. 18. The move comes after Amazon’s revenue rose to a record $137.4 billion in the fourth quarter of 2021, of which $14.3 billion was profit, repr…

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by Zak Failla