Retail Archives - Page 6 of 14 - Rockland County Business Journal

Palisades Center Avoids Foreclosure, For Now

July 19, 2020July 23, 2020rcbizjournal

The maturity date for the loan has been extended to either October 2021 or whenever Palisades Center pays off the last of the 12 monthly installments, whichever comes first.

Palisades Center Likely To Lose New York & Co.

July 14, 2020July 19, 2020rcbizjournal

New York & Co. parent company RTW Retailwinds has filed for Chapter 11 bankruptcy protection and plans to permanently close most if not all of its stores, which may include the location at the Palisades Center.

Michael’s Tuxedo Shop Ready To Dress Grooms Despite Uncertain Times

July 13, 2020July 17, 2020rcbizjournal

But now – amid a universal health crisis that has turned every norm upside down and people’s lives inside out – the owners of Michael’s Tuxedo’s are preparing for a return to normal while bracing for a world that has nothing but uncertainty.

Growing List Of Closures & Bankruptcies Imperils Malls

June 29, 2020July 3, 2020rcbizjournal

Coresight Research estimates 20,000 to 25,000 stores could permanently close in the U.S. this year, with 55% to 60% of those closures in malls.

Retail Sales Spiked In May But Economy Still On Uncertain Path

June 22, 2020June 25, 2020rcbizjournal

Retail sales spiked 17.7 percent in May, an early sign that the economy may recover from the economic crisis brought on by the coronavirus pandemic.

Simon Property Sues Gap Over Rent Stoppage During Pandemic

June 7, 2020June 9, 2020rcbizjournal

Indianapolis-based Simon Property Group has sued The Gap Inc. and associated entities for breach of contract and willfully withholding rent during the coronavirus pandemic.

April’s Economic Snapshot: Retail Sales, Unemployment, Consumers’ Fears

May 15, 2020May 19, 2020rcbizjournal

Retail sales in the U.S. plummeted 16.4 percent in April, for the largest two month decline, according to the Commerce Department. That followed an 8.3 percent plunge in March.

Harley-Davidson On Route 304 Clears Out And Hits The Road

April 22, 2020April 28, 2020rcbizjournal

The Harley-Davidson dealer on Route 304 in Nanuet has packed up and hit the road. A victim of the coronavirus pandemic, the dealer has consolidated its operations at its Rochelle Park, Bergen County location.

Retail Sales Plunge 8.7% In One Month; April Outlook Bleak

April 16, 2020April 20, 2020rcbizjournal

The value of overall retail sales fell 8.7% from the prior month, the biggest decline in records dating back to 1992, according to Commerce Department data released Wednesday

Modell’s To Close Nanuet And Palisades Center Locations

March 12, 2020March 18, 2020rcbizjournal

Modell’s Sporting Goods has filed for Chapter 11 bankruptcy protection and will be closing its remaining 115 stores, including its Rockland County location at Rockland Plaza in Nanuet and in the Palisades Center.

Category: Retail