Rockland County retail
Dressbarn is closing all 650 stores, including its Nanuet location, and another nine in the Hudson Valley. The company employs about 6,800 people, and has not disclosed when stores will begin shutting down.
Continue Reading
Kohl’s is better positioned than its mall-based competitors, and its partnership with Amazon.com may be what’s bolstering its performance.
Continue Reading
Some 17% retailers covered by S&P Global remain financially vulnerable, according to a report this week from the ratings agency. Big boxes and chain restaurants make up the most significant portion of the distressed companies.
Continue Reading
The fate of Lord &Taylor, which closed its flagship store earlier this year, is up in the air. Hudson’s Bay, which owns Lord & Taylor and Saks Fifth Avenue, has hired a financial adviser to review Lord & Taylor’s business, and that review could lead to a sale or a merger.
Continue Reading
Westchester-based Party City will close 45 stores in 2019, the company said last Thursday when announcing its financial results for the first quarter of 2019.
Continue Reading
Big box retail stores like Target, Lowes, Walmart, Kohls, Rite Aid and others are using a tactic in New York and beyond known as the “dark store theory” to lower their tax burden and it is working.
Continue Reading
Chain Set To Close 40 Locations Just like other struggling big box retailers, Bed Bath & Beyond is shuttering stores and experimenting with new concepts to prevent its demise. The housewares retailers plans to close 40 locations this year and test “lab” stores that sell more home décor and food products. RCBJ recently reported similar […]
Continue Reading
New Prototype Store Opening But Nothing Planned Yet For Rockland County Do we need an “endangered list” for retailers? Although Barnes & Noble has managed to hang on as the country’s largest remaining book retailer, Amazon’s domination of the book market has been detrimental to the chain’s profits for years. Aside from 10 new prototype […]
Continue Reading
Will Palisades Center Feel The Pain? RETAIL REPORT The parent company of Kay Jewelers is planning to close more than 150 stores. The company, Signet Jewelers, owns Kay, Piercing Pagoda, Zales, Jared The Galleria of Jewelry, and several other jewelry stores. The Palisades Center has a Kays Jewelers, Zales and Piercing Pagoda. The retailer has not […]
Continue Reading
Ascena Retail Group, which owns retailers including Lane Bryant, Ann Taylor, Loft and Dress Barn, plans to close up to 667 stores through 2019. About 160 stores have already closed.
Continue Reading
