Retail Locations Closing 1. If it has seemed like going-out-of-business sales are around every corner, there's a startling reason: Forever 21, Walgreens, Dressbarn, GameStop, Gap and other chains shut down more than 9,300 stores in 2019 — making it the biggest year ever for store closings.. That's according to Coresight Research, which says closures jumped about 60% from the 5,844 the firm tracked in 2018. Lowe's Home Improvement lists My Lists. It's closing 200 stores but says 75% of those are in malls with other Signet-operated stores, which will pick up some of the lost business. The store chain, which also operates Buybuy Baby, Christmas Tree Shops and Harmon Face Values, had a total of 1,478 stores, The company says the store closures are an "important step" in its effort "to create a sustainable, durable business.". According to NorthJersey.com, which first reported the news, the Rockaway store … “Search Sears stores nearby” to find the best services and products. Cart with 0 items Cart. Cancel. Community Rules apply to all content you upload or otherwise submit to this site. store closing news stories - get the latest updates from ABC13. Sears. Explore other popular stores near you from over 7 million businesses with over 142 million reviews and opinions from Yelpers. Target, JCPenney and Kohl's join in reducing hours. This may help Shopko survive for a bit longer. With consumers doing more and more online shopping, e-commerce sales continue to boom while brick-and-mortar stores continue to get crushed. Shop Savings Services Ideas. The sports retailer is closing stores in Englishtown, West Berlin and Woodbridge, along with 16 other locations across the country. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. Search “JC Penny’s stores close to my location” to find the latest deals on everything from sheets and bedding to jeans and t-shirts. Registration on or use of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your California Privacy Rights (each updated 1/1/21). Sears, which operates Kmart, filed for Chapter 11 bankruptcy in October 2018. Enter your email address to be the first to know: Note to readers: if you purchase something through one of our affiliate links we may earn a commission. Stores, Resorts, Theaters Shut Down To Stem Coronavirus Retailers, bars, restaurants, gyms, ski resorts and many other firms are closing their doors. Explore other popular Local Services near you from over 7 million businesses with over 142 million reviews and … H&M is closing 250 stores next year because of the coronavirus pandemic, as people increasingly shop online. This year, Shopko shut down all its locations, but the brand is planning on branching off to become "Shopko Optical." Transformco, which acquired Sears Holdings Corporation, announced last year 45 Kmart stores would close. Follow her on Twitter: @N_Accardi. You'll find products from liquidations, closeouts, overstocks, and shelf-pulls. 1 review. Find NJ.com on Facebook. You can either purchase by the truckload, container, pallet, or single item. New York-based grocery chain Fairway Market is closing its Woodland Park location, the town’s only grocery store, around April 1. All rights reserved (About Us). Easily locate the closest Supercentre, Grocery, Photo, Vision, Tire & Lube Express or other specialty centre. Electrode, App-electrode-store-finder, Comp-1070131566, DC-prod-az-eastus2-15, ENV-prod, PROF-PROD, VER-3.0.3, SHA-b9da77cc7192f6bc5e1be35d21ee2611d31d3dea, CID- H&M plans to close 160 stores worldwide by the end of 2019. Video game retailer GameStop will close its Hamilton Mall store at 4403 East Black Horse Pike in Mays Landing by the end of March. All 51 North American stores will be closed by Feb. 1, 2019. Closing sales are expected to begin this week at the first wave of 242 J.C. Penney stores that will permanently close in bankruptcy. The stores are expected to close by mid-April, except for the Freehold location, which already has closed. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. (Image via Facebook) ADVERTISEMENT. More. The department store chain will restructure by exiting “lower-tier malls” and instead shift focus toward smaller-format stores in shopping centers. Shopko has been closing stores little by little to avoid bankruptcy, but the ball finally dropped in January. All times are ET. In January, home decor retailer Pier 1 Imports announced it would close up to 450 stores and distribution centers. is closing in mid-April. Official closing dates have not yet been announced. Have a tip? Check store hours and get directions. Bed Bath & Beyond announced in 2019 that it planned to close 40 underperforming stores, along with 20 of its other concept stores, which include Harmon Face Values, buybuy Baby and World Market. No matter what city you are in, you can always find a good reason to go to Sears. Stationary retailer Papyrus will shutter all of its stores, with liquidation sales already ongoing. Find the best Clock Repair near you on Yelp - see all Clock Repair open now. Amazon is booming while small businesses struggle, Early Facebook investor: Sandberg's denial of Facebook's role is 'laughable', Why Wall Street is hopeful about Biden despite economic challenges, Strategist on bitcoin: Pullback is very expected, Economist: Even with a blue wave, Biden's tax ambitions could stall, Dow falls on first trading day of the year, Scaramucci: Bitcoin is due for a correction, MoneyGram CEO: Our digital platforms are driving growth, Economist: It's going to take years for jobs to recover, Chewy's CEO expects growth to continue post pandemic, These pot stocks are poised to win big under Biden, Dow crosses 30,000 mark for the first time ever, Alan Greenspan on the Fed's pandemic response, GoodRx Co-CEO says Amazon Pharmacy isn't a competitor, Moderna chairman: We don't need deep-freeze conditions for vaccine. © 2021 Advance Local Media LLC. Retailers are cutting store hours or closing all stores in response to COVID-19, or coronavirus. The company originally planned to close 24 locations nationwide in an attempt to “preserve the whole company and save the jobs of 4,300 families.” Five stores have since been saved. (Donna McWilliam | AP Photo)Donna McWilliam | AP Photo. (Yikes!) Nationwide, many companies are closing stores and filing for bankruptcy. A list of the Macy’s stores that will shutter has not yet been disclosed. Kmart’s West Long Branch store at 108 Monmouth Rd. Sears. Department Store Liquidations is based in the United States but ships around the world. Factset: FactSet Research Systems Inc.2018. … Restaurants. Liquidation sales are currently in progress. JCPenney closed 18 stores in 2019, including the Hamilton Mall location in Mays Landing. Electronics retailer Bose is shuttering all 119 stores in the United States, Europe, Japan and Australia. Nicolette Accardi can be reached at naccardi@njadvancemedia.com. Use the Hallmark store locator to find the nearest Gold Crown store near you. There is one Bose store in New Jersey — inside the Short Hills Mall at 1200 Morris Turnpike in Short Hills. I want you to use them up,” Clark said. While the total number of U.S. retail store closings scheduled for the 2015 calendar year is primarily a reflection of the quickly changing shopping habits of U.S. consumers, the number of store closings and going out of business sales in individual states in 2015 may primarily be a reflection of something else. The company determined that the stores were unprofitable in late May and made the decision to close them. Find a Walmart store near you. Auto Services. For Businesses. New York (CNN Business)Bed Bath & Beyond has announced the first 63 stores it will close by the end of the year as part of a restructuring plan brought on by Covid-19. Walgreens announced in 2019 that about 200 stores would be closing. Sears Hometown Store. There are currently 17 Express stores in New Jersey, according to the company’s website. 300 Colonial Promenade Parkway, in Alabaster, 10856 SW Village Parkway, in Port St. Lucie, 8655 N. River Crossing Blvd, in Indianapolis, 2700 Veterans Road West, in Staten Island, 1230 S. Holland Sylvania Road, in Holland, 7142 South Plaza Center Drive, in West Jordan, 172 Retail Commons Parkway, in Martinsburg. 9. The party-supply retailer had been closing 10 to 15 stores, on average, annually. Those stores are in Montana, New York, North Carolina, Ohio, Oklahoma and South Carolina. Appliances, Hardware Stores, Grilling Equipment. The retailer then decided it would shut down all of its stores by mid-June. Stage Stores, which owns and operates the businesses, announced in a press release it would shutter 40 locations in 2020 while converting its Peebles, Bealls, Goody’s, Stage and Palais Royal inventory to Gordmans. 8) and Sewell (141 Tuckahoe Road) will close this year. Find a Store Near Me. Sears closed 142 stores in October when it filed for Chapter 11. Department store retailer JCPenney announced at least six more stores will close nationwide following a poor fourth quarter and 2019 overall. Want more retail news and deals? Please support local journalism. Official closing dates have not yet been announced. American Eagle: All stores—including Aerie—are closed in the U.S. and Canada until at least March 27, 2020.All store workers will be compensated during this period. Transformco, which acquired Sears Holdings Corporation, announced last year 51 Sears stores would close. GameStop announced last September plans to close up to 200 stores amid declining sales. Its only other New Jersey store is in Paramus at 30 East Ridgewood Ave. MyLowes Sign In. The Peebles stores in Bridgeton, Rio Grande, Seaville and Browns Mills have converted over to Gordmans, an off-price brand department store based in the midwest. Transformco, Sears’ parent company, declined to comment on whether store closing dates have been set. All rights reserved. Near Me; Sears Locations; Most Recent Reviews. ‘Closing stores is never an easy decision, but it is necessary to keep the company strong and positioned for the future. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Yelp. It closed another 40 stores in February. Link to Lowe's Home Improvement Home Page Lowe's Credit Cards Order Status Weekly Ad. 222 stores. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. The Paramus store is closing within the next two months. Subscribe today », Nicolette Accardi | NJ Advance Media for NJ.com. The New Jersey stores are in Bridgewater, Chester, Hackensack, Jersey City, Marlton, Paramus, Ridgewood and Short Hills. At least 12 New Jersey locations are affected: East Hanover, Edgewater, Paramus (Route 4), Cape May Court House, Cherry Hill, East Brunswick, Flanders, Flemington, Millville, Ocean Township, Princeton and Woodbridge. All Microsoft Store locations are currently closed, but you can still access virtual workshops, trainings, and products at microsoft.com, or contact us for help. Bed Bath & Beyond has announced the first 63 stores it will close by the end of the year as part of a restructuring plan brought on by Covid-19. H&M. Department Store Liquidations specializes in out of business sales from such shops. Sears is closing stores in Freehold, Livingston, Moorestown, New Brunswick and Woodbridge. Fashion chain Gap closed its New Jersey stores at 700 Paramus Park in Paramus and 235 East Ridgewood Ave. in Ridgewood. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. The retail apocalypse already has hit hard in 2020, and we’re only a few months in. store closing news stories - get the latest updates from ABC7. Retail stores face uphill battle during pande... 01:57 Pier 1 said it will go out of business and permanently close all 540 of its stores. At least 16 Hallmark stores are closing in the first half of 2020. Sears' business has been in a steady decline for more than a decade, and the company's stock price has dropped from about $40 a share in June 2015 to less than $1 in 2018. Kitchenware chain Sur La Table closed its Freehold Raceway Mall location, leaving just three locations in New Jersey — Lawrenceville, Marlton and Paramus — according to the store’s website. The pharmacy chain is closing or has already closed its Westampton, Lindenwold and Hackensack stores this month. Here is a list of the retailers that have said goodbye to some or all stores in 2020, with the New Jersey locations that were impacted. Prices, Promotions, styles, and availability may vary. Think twice before you give somebody a gift card for Christmas as well. The Union-based retailer announced its stores located in Newton (17 Hampton House Road, Ste. Fashion chain Express will shutter about 100 stores by 2022, including 40 that already have closed. In 2017, several retailers announced store closings in early January after reporti… All rights reserved. Write a Review. At least 27 stores across the country are closing as Kirkland’s aims to “transform the business to a more profitable model,” according to CEO Woody Woodward. Home Services. The decision came after a “review of the real estate footprint in the United States," according to an SEC filing. 8) and Sewell (141 Tuckahoe Road) will close this year. Number of store closings: 154, but opening 300 worldwide ‘Actively managing our portfolio of assets is essential to maintaining a healthy business,’ said CEO Doug McMillon in the press release. Updated 1659 GMT (0059 HKT) September 21, 2020. The company voluntarily filed for Chapter 11 bankruptcy in January. Lord & Taylor, the first department store established in the United States, is officially going out of business, ending a nearly 200-year run. Home decor retailer Kirkland’s will close its West Long Branch store and Bergen Town Center store in Paramus. ( See the list of the first 154 stores set to close .) By early September, 62 Sears stores will be closing forever.. In a statement, Gap said 89 stores have closed worldwide since the start of 2020, and it plans to close about 140 more by February 2021. Future store closings have not yet been disclosed. Pier 1 Imports voluntarily filed for Chapter 11 bankruptcy in February and is seeking to sell the business. The department store that used to carry everything is closing many of its doors this year. “If you have any gift cards in your home that are for major retailers, I want you to go and shop. Teen apparel retailer Abercrombie & Fitch Co. said it plans to close up to 40 stores during fiscal 2019, after closing 29 locations last year. Log In. Liquidation sales are ongoing in stores that have not yet closed. Money expert Clark Howard is repeating his warning about gift cards, which become worthless if a store or restaurant suddenly goes out of business. "It's just not a viable business any longer," one Hallmark store owner told the Forest Park Review . (Jim Watson | Getty Images)AFP/Getty Images. Here's the list of 63 store locations set to close by the end of the year. The Union-based retailer announced its stores located in Newton (17 Hampton House Road, Ste. Sears. Sign Up. Use our restaurant finder to locate a nearby KFC Restaurant or Drive Thru and check store opening times, closing times, directions & see our menus. Learn more about returns, gift cards, and support. Party City is planning to shut about 45 stores in the U.S. this year. The company has erased shuttered stores from its website, which now lists 16 in New Jersey, compared to 29 in January. nj.com/tips, Pier 1 Imports files for bankruptcy: Here are some of the best online deals right now, Sandwich franchise Cosi files for bankruptcy a 2nd time. The four Kmart stores that will remain open once the West Long Branch location closes are in Avenel, Belleville, Kearny and Westwood. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Sears, which also operates Kmart, filed for Chapter 11 bankruptcy in October 2018. Disclaimer. Tell us. There will soon be just three Sears department stores left in the Garden State: in Hackensack, Jersey City and Rockaway. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. 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