NEW JERSEY — A large number of retailers and restaurants are leaving the state – leaving more than 600 layoffs in their wake as New Jersey is apparently dealing with what's been called a nationwide "retail apocalypse."
At least 32 stores have announced in recent days that they've closed, or they're planning to close very soon. The news comes after a number of major national chains such as Sears and Forever 21 had already announced closings in New Jersey and elsewhere (see list below).
Many of them are popular chains, too, that either ran into bankruptcy or decided to downsize stores "that no longer meet the standards our customers expect from us," according to Bed Bath & Beyon, which closed two stores in New Jersey.
How many jobs will be lost, in total, is unclear. At least five businesses in New Jersey have announced a total of 617 layoffs that will take place by Feb. 15. But that number is expected to rise because some stores that announced closures haven't yet addressed the impact on employment.
Here are the stores that are shutting down:
- Bed Bath & Beyond: Bed Bath & Beyond is closing a store in North Jersey and another in South Jersey. The closings will take place this year. Jessica Joyce, a spokeswoman for the Union-based company, said the Newton and Turnersville locations will close as the store is "continually evolving to serve our loyal Bed Bath & Beyond customers better." Read more: 2 Bed Bath & Beyond Stores Closing In NJ
- Houlihan's: Houlihan's, a popular bar and restaurant chain, has closed its sites in Hasbrouck Heights and Woodbridge. Matt Manning, chief restructuring officer for parent company HRI, Inc., said in a statement that "there is never a good time to close a restaurant, but due to the wind down of the bankruptcy estate, the last day of business for both of these locations was December 28." Read more: Houlihan's Abruptly Closes 2 NJ Sites
- Gap: Two Gap clothing stores in New Jersey have closed, the company announced last week. The two stores that closed were located at Paramus Park Mall in Paramus and on Ridgewood Avenue in Ridgewood, the company said. Read more: 2 Gap Stores In NJ Close
- Bar Louie: The Bar Louie off Route 1 in Woodbridge abruptly closed over the weekend, announcing on their Facebook page their last day of business was this past Saturday. Read more: Woodbridge Bar Louie Closes As Chain Files For Bankruptcy
- Abercrombie & Fitch The chain has closed its Paramus Park Mall location. A spokesperson for Brookfield Properties, the mall's owner, confirmed the store's closure and said news about future tenants would be shared soon. Read more: Abercrombie & Fitch Closes Paramus Park Store
- Pier 1 Imports: Though it hasn't released an official list of the 450 stores that will shut, Pier 1 Imports has apparently revealed some of the planned closings in New Jersey and elsewhere, according to Business Insider. The chain has erased 260 locations from its website, including 12 in New Jersey, and Pier 1 also confirmed on Facebook that stores removed from the website will be closing. Read more: 14 New Jersey Retail Stores Doomed To Close: Reports
- Kirkland's: NJ Advance Media and The Record reported that at least two Kirkland's stores are shutting down. A manager at the home decor retailer's store in West Long Branch told NJ Advance Media that the site is closing, and The Record said the Bergen Town Center store in Paramus is shutting within two months.
- Papyrus: Papyrus, a stationery retailer, is closing all of its stores across the country, according to Fortune and nj.com. The chain operates eight New Jersey stores in these towns: Bridgewater, Hackensack, Ridgewood and Paramus, Jersey City, Short Hills, Marlton and Chester.
- Boston Market: The Boston Market in Brick has closed, according to News12.
- Black Rose Antiques & Collectibles: The anchor at Phillipsburg Mall now has announced a March closure, according to NJ Advance Media.
Here are the layoffs planned in New Jersey:
- Oakwood Worldwide, Totowa: 11 by Feb. 3
- A. C. Moore Inc., Berlin: 383 by Feb. 9. A.C. Moore announced in November that it will close all of its stores. The chain, owned by Nicole Crafts, said it has decided to "exit its retail operations" by closing all A.C. Moore stores "as part of a broader strategic plan." Read more: A.C. Moore Closing All New Jersey Stores
- Sbar's Inc., Moorestown: 82 by Feb. 13
- Melinta Therapeutics, Inc., Morristown: 61 by Feb. 14
- Darby Development LLC, Oceanport: 80 by Feb. 15
Other chains had previously announced closures:
- The Sears at Freehold Raceway Mall will close by February. The store was the last of the chain's sites at the Jersey Shore, where the storied company once had locations in Toms River and a number of locations throughout the region. Read more: Sears At Freehold Raceway Mall Is Closing
- The Children's Place at the Bridgewater Towne Center is closing and hosting an inventory sale to get rid of everything inside. Read more: The Children's Place Is Closing In Bridgewater, Holds Major Sale
- The retail chain Destination Maternity plans to close 201 locations in the United States, including four in New Jersey, as the maternity apparel store continues through its Chapter 11 bankruptcy protection case. Read more: Destination Maternity Closing 4 Stores; 642 Layoffs In NJ: Report
- Forever 21 also identified the locations in New Jersey that are set to close: Deptford, Mays Landing, East Hanover, Cherry Hill, Short Hills and East Brunswick
Other retailers that have announced store closings – but haven't disclosed where or when they'll occur – include Barneys and Walgreens.
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February 01, 2020 at 12:10AM
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New NJ Closures: 32 Stores, Restaurants Shutting; 600 Lose Jobs - Point Pleasant, NJ Patch
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