Coach USA Terminates 20 NJ Transit Lines In Filing For Bankruptcy, NJT 'Exploring Every Option' Coach USA Terminates 20 NJ Transit Lines In Filing For Bankruptcy, NJT 'Exploring Every Option'
Coach USA Terminates 20 NJ Transit Lines In Filing For Bankruptcy, NJT 'Exploring Every Option' The pressure is on for NJ Transit. The company was left high and dry when Coach USA announced it would be terminating its agreement with the major transportation company, halting service to 20 of its bus routes in Bergen, Hudson, and Passaic counties come Aug. 16. The decision to do so was made amid Coach USA filing for Chapter 11 bankruptcy. A spokesperson from NJ Transit said the company received written notice of Coach's intentions to abandon three of its five contracts in Bergen, Passaic, and Hudson counties "with a cessation of operation at the close of business" on Aug. 16. NJ Trans…
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…
Business To Celebrate Reopening In New Rochelle As New Owner Rebuilds Brand Business To Celebrate Reopening In New Rochelle As New Owner Rebuilds Brand
Business To Celebrate Reopening In New Rochelle As New Owner Rebuilds Brand After closing more than a year ago, a store in Westchester will soon celebrate its grand re-opening at its original location thanks to its new owner who is working to rebuild its brand.  Harmon Discount, a beauty store located in New Rochelle at 77 Quaker Ridge Rd., will hold a grand re-opening celebration on Friday, June 28 at 3:30 p.m. The store originally closed in February 2023 after its parent company, Bed Bath & Beyond, filed for bankruptcy. Despite this, the owner of the Quaker Ridge location, Jonah Raskas, decided to buy the Harmon brand. "Harmon was a successful busi…
Updated List Of Scheduled Red Lobster Closures Includes 5 New NY Locations Updated List Of Scheduled Red Lobster Closures Includes 5 New NY Locations
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…
Red Lobster Files For Bankruptcy After Abruptly Closing Dozens Of Restaurants Red Lobster Files For Bankruptcy After Abruptly Closing Dozens Of Restaurants
Red Lobster Files For Bankruptcy After Abruptly Closing Dozens Of Restaurants Red Lobster has filed for bankruptcy just days after closing dozens of its restaurants. In its bankruptcy petition filed on Sunday, May 19, the company listed assets of $1 billion and liabilities of $10 billion. The filing stated that the company "intends to use the proceedings to drive operational improvements, simplify the business through a reduction in locations, and pursue a sale of substantially all of its assets as a going concern." The company said restaurants not listed as "temporarily closed" on its website will remain "open and operating as usual during the Chapter 11 process."…
Red Lobster Suddenly Closes Dozens Of Locations Nationwide: Here's Where Red Lobster Suddenly Closes Dozens Of Locations Nationwide: Here's Where
Red Lobster Suddenly Closes Dozens Of Locations Nationwide: Here's Where Red Lobster has abruptly closed dozens of locations across the United States. According to a Bloomberg, the fast-casual seafood restaurant has considered filing for bankruptcy. The following locations are listed as being temporarily closed on the Red Lobster website, with some set to be auctioned off. MD: Columbia, Laurel, Silver Spring, Gaithersburg NJ: Ledgewood, Lawrenceville, East Brunswick, Bridgewater PA: Erie VA: Newport News, Williamsburg, Colonial Heights TAGeX Brand, which bills itself as the world's largest after-marketplac…
Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy
Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy A major retailer primarily located in malls and headquartered in Pennsylvania is set to close all 543 of its stores following its third Chapter 11 bankruptcy filing. Closures for all rue21 locations are expected to be completed within the next two months with going-out-of-business sales coming soon. The company, headquartered in Pennsylvania outside Pittsburgh, had first filed for bankruptcy in 2003, and then for a second time in 2017, when it closed around 400 stores. Founded in 1970, rue21 specializes in women's & men's casual apparel and accessories. rue21 has locations in …
Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy
Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy A retailer primarily located in malls is set to close all 543 of its stores following its third Chapter 11 bankruptcy filing. Closures for all rue21 locations are expected to be completed within the next two months with going-out-of-business sales coming soon. Founded in 1970, rue21 specializes in women's & men's casual apparel and accessories. In its filing on Thursday, May 2, the company said, "It became clear that offers to buy the debtors' assets at their current worth could not exceed the expected profits from selling off the closing stores and assets.  "As a result, the deb…
Rite Aid Announces Additional NY Store Closures After Declaring Bankruptcy Rite Aid Announces Additional NY Store Closures After Declaring Bankruptcy
Rite Aid Announces Additional NY Store Closures After Declaring Bankruptcy Rite Aid has announced new store closures after the struggling pharmacy chain filed for bankruptcy in the fourth quarter of 2023. Shortly after declaring bankruptcy, Rite Aid announced 154 store closures, with 20 in New York, and 14 on Long Island. In a filing on Tuesday, April 9, the company said 17 more stores, including three in New York (with two on Long Island) are now slated for closure. Rite Aid currently has 2,000 stores and about 44,000 employees. The Long Island stores slated for closure (with the newly announced closures in bold) are: 283 West Jericho Turnpike, Huntingto…
Rite Aid Announces Massachusetts Store Closure After Declaring Bankruptcy Rite Aid Announces Massachusetts Store Closure After Declaring Bankruptcy
Rite Aid Announces Massachusetts Store Closure After Declaring Bankruptcy Rite Aid has announced new store closures after the struggling pharmacy chain filed for bankruptcy in the fourth quarter of 2023. Shortly after declaring bankruptcy, Rite Aid announced 154 store closures. In a filing on Tuesday, April 9, the company said 17 more stores, including one in Massachusetts, in Fall River, at 10 Stafford Road, Rite Aid currently has 2,000 stores and about 44,000 employees. Rite Aid is one of a number of drugstore chains facing litigation related to the deadly abuse of opioids and more than a thousand lawsuits have been filed claiming Rite Aid illegally…
New Jersey's Last-Standing Sears Store Says It's Closing New Jersey's Last-Standing Sears Store Says It's Closing
New Jersey's Last-Standing Sears Store Says It's Closing And then there were none. New Jersey's last-standing Sears store, located in Jersey City, appears to be closing. The store at Newport Centre announced a store closing sale on Friday evening, Jan. 5 on Facebook. A voice answering service said the store was closed when Daily Voice called Friday at 7 p.m. Daily Voice has reached out to the Simon Property Group, who owns Newport Centre, and Sears corporate for comment. Sears Holdings filed for bankruptcy in 2018. The Jersey City store became the final Sears in New Jersey in 2020 after the store in Hackensack — a local landmark — shutter…
Murder-Suicide: Autopsy Results Shed Light On Mass Family's Deaths Murder-Suicide: Autopsy Results Shed Light On Mass Family's Deaths
Murder-Suicide: Autopsy Results Shed Light On Mass Family's Deaths The family found dead inside a Dover mansion last week died of a murder-suicide, autopsy reports found this week.  Rakesh Kamal, 57, Teena Kamal, 54, and their daughter Arianna Kamal, 18, were found shot to death inside their 11-bedroom, $4 million home in Dover about 20 miles from Boston just before 7:30 p.m. on Dec. 28, the Norfolk County District Attorney's Office said. They had all been shot to death.  An autopsy found that Rakesh Kamal killed his wife and daughter before turning the .40-caliber pistol on himself, the prosecutor's office said.  The gun was…