White Plains, NY
On Your Side
40 New Sears, Kmart Store Closures Announced, Including Three In NY 40 New Sears, Kmart Store Closures Announced, Including Three In NY 40 New Sears, Kmart Store Closures Announced, Including Three In NY
40 New Sears, Kmart Store Closures Announced, Including Three In NY Less than a month after it filed for bankruptcy and announced the closures of 142 Sears and Kmart stores, Sears Holdings is saying it's planning to close another 40 stores in February. The new round of closures means there will be roughly 660 Sears and Kmart stores still open. Liquidation sales at the 40 locations set to close will start late next week.  There are three stores slated to shut down in New York among those 40: Kmart 805 New York Ave., Huntington Sears, 3065 Route 50, Saratoga Springs Sears, 21182 Salmon Run Mall, Watertown  The one store in Connecticut in the ne…

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by Joe Lombardi
White Plains, NY
On Your Side
Nearly 200 Sears, Kmart Workers In Area Will Lose Jobs Following Bankruptcy Declaration Nearly 200 Sears, Kmart Workers In Area Will Lose Jobs Following Bankruptcy Declaration Nearly 200 Sears, Kmart Workers In Area Will Lose Jobs Following Bankruptcy Declaration
Nearly 200 Sears, Kmart Workers In Area Will Lose Jobs Following Bankruptcy Declaration Nearly 200 Sears and Kmart employees will lose their jobs following the official filing for bankruptcy by Sears Holdings. Last week, Sears announced that it would be closing another 142 unprofitable Sears and Kmart locations, including several in the area. Those closures will reportedly impact According to the Worker Adjustment and Retraining Notification filed on Oct. 15, 42 employees at Kmart on Route 6 in Mahopac would be let go; 55 employees at Sears in the Jefferson Valley Mall would face termination; 76 employees at the Sears at The Shops in Nanuet; and 12 at Sears on Route 59 in Nanu…

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by Zak Failla
Greenwich, CT
On Your Side
Sears On Brink Of Bankruptcy, Report Says Sears On Brink Of Bankruptcy, Report Says Sears On Brink Of Bankruptcy, Report Says
Sears On Brink Of Bankruptcy, Report Says After years of store closures, Sears, once the world's largest retailer, could be just days away from facing bankruptcy. The 125-year-old company, which has not turned a profit since 2010, has approached several banks to prepare for a bankruptcy filing, according to CNBC. Sears has a $134 million debt payment due Monday that it previously reported it cannot cover, the report said. Eddie Lampert, a hedge-fund manager who took over as Sears CEO in 2013, said in late September that despite changes in the way it does business, the future looked bleak for the once vibrant company. “The journey…

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by Joe Lombardi
Stamford, CT
On Your Side
Sears CEO Raises Doubts About Company's Future, Citing 'Substantial Obstacles To Profitability' Sears CEO Raises Doubts About Company's Future, Citing 'Substantial Obstacles To Profitability' Sears CEO Raises Doubts About Company's Future, Citing 'Substantial Obstacles To Profitability'
Sears CEO Raises Doubts About Company's Future, Citing 'Substantial Obstacles To Profitability' Despite undergoing a paradigm shift and attempting to change gears in the way it does business, Sears continues hemorrhaging money, casting its future in doubt. Sears CEO Eddie Lampert said that his company has been “working hard to transform its business and unlock the value of its assets,” which includes a shift from traditional retailing to a more member-centric company. Despite these changes, things are looking bleak for the once vibrant company. “The journey to running a member-centric company on a consistently profitable basis has taken far longer than we expected,” Lampert said in a …

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by Zak Failla
Stony Point, NY
On Your Side
Remodeled ShopRite Reopens In Garnerville Remodeled ShopRite Reopens In Garnerville Remodeled ShopRite Reopens In Garnerville
Remodeled ShopRite Reopens In Garnerville Inserra Supermarkets, Inc. celebrated the Grand Re-Opening of its family-owned and operated ShopRite of Garnerville with a ribbon-cutting ceremony. The newly renovated store features a contemporary open floor plan; expanded produce department with fresh local farm-to-table fruits and vegetables; a wide selection of groceries, specialty kosher and international products; and an expanded ShopRite Kitchen with a large variety of delicious prepared foods and soups. The renovated store also features Inserra-signature departments such as Patsy’s butcher department, staffed by master butchers who…

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by Jon Craig
Mount Pleasant, NY
On Your Side
Sears Plans To Close 63 Stores Sears Plans To Close 63 Stores Sears Plans To Close 63 Stores
Sears Plans To Close 63 Stores Click here for an updated story: Full List Of New Round Of Sears, Kmart Closures Announced Sears has announced another round of store closures as sales continue to decline. Sears Holdings Corp., which also owns Kmart, said in an earnings statement Thursday it plans to close 63 of about 100 nonprofitable stores. The company initially announced plans to close 72 stores, but later in the day adjusted that number to 63 stores: 48 Sears stores and 15 Kmart stores. Nine additional stores that it initially planned to announce would close will be evaluated further. There are 529 Sears stores an…

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by Joe Lombardi
Saddle Brook-Elmwood Park, NJ
On Your Side
Elmwood Park Kmart Closing This July Elmwood Park Kmart Closing This July Elmwood Park Kmart Closing This July
Elmwood Park Kmart Closing This July Elmwood Park's Kmart will be closing on July 28, store officials said. Hundreds of Kmart and Sears stores, owned by Sears Holdings Corporation, have closed across the U.S. in an effort to save cash. Just earlier this week, however, Sears Holdings' stock surged 10 percent after announcing it would be selling many of its assets (including the Kenmore brand).

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by Cecilia Levine
Paramus, NJ
On Your Side
Sources: Dozens Of Stores To Replace Garden State Plaza JCPenney Sources: Dozens Of Stores To Replace Garden State Plaza JCPenney Sources: Dozens Of Stores To Replace Garden State Plaza JCPenney
Sources: Dozens Of Stores To Replace Garden State Plaza JCPenney Sixty smaller stores are proposed to replace the JCPenney at Westfield's Garden State Plaza in Paramus, sources said Monday. JCPenney announced last year it would be closing up to 140 stores along with two distribution centers while instituting an early retirement program in an effort to increase profits in the era of online shopping. Among those to go was the Garden State Plaza location, which closed on March 10 after nearly 60 years at the mall. The free-standing Best Buy on the other side of the mall will be moving to Bergen Town Center on April 14. "The JCPenney and Best Buy spac…

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by Cecilia Levine
Hackensack, NJ
On Your Side
Hackensack's Kazimir's Pets Closes After 68 Years; Customers Mourn Hackensack's Kazimir's Pets Closes After 68 Years; Customers Mourn Hackensack's Kazimir's Pets Closes After 68 Years; Customers Mourn
Hackensack's Kazimir's Pets Closes After 68 Years; Customers Mourn Kazimir's Pet Shop in Hackensack will be closing next month after 68 years in business. "The internet and chain stores have taken over the industry," the pet shop announced on social media.  "It's not easy for a small business to survive. A big part of our life will be gone but we must move forward." A closing sale is in effect until the store's last day on April 15. "We will miss our customers who have become our family," the store wrote. We are so grateful for everyone who works there who always took the time to answer our questions and care about pets as …

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by Cecilia Levine
Fairfield, CT
On Your Side
Jewelry Store Giant Claire's Files For Bankruptcy Jewelry Store Giant Claire's Files For Bankruptcy Jewelry Store Giant Claire's Files For Bankruptcy
Jewelry Store Giant Claire's Files For Bankruptcy Accessory and jewelry store giant Claire's filed for Chapter 11 bankruptcy Monday. Claire's Stores Inc. hopes to clear $1.9 billion in debt and close some underperforming stores. Claire's has locations in 99 percent of malls across the U.S., selling cubic zirconia jewelry and other low-priced accessories. The store claims to be the world’s leading ear piercer, having pierced over 100,000,000 ears worldwide, and nearly 3.5 million last year in the U.S. alone. Claire's has several locations across Fairfield County: Westfield Trumbull Mall CT Post Mall Stamford Town Center Danbury Fair Mal…

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by Cecilia Levine
Armonk, NY
On Your Side
Toys 'R' Us Will Close All 800 Stores, Affecting 33,000 Jobs Toys 'R' Us Will Close All 800 Stores, Affecting 33,000 Jobs Toys 'R' Us Will Close All 800 Stores, Affecting 33,000 Jobs
Toys 'R' Us Will Close All 800 Stores, Affecting 33,000 Jobs Six months after filing for bankruptcy, Toys 'R' Us will close all 800 of its U.S. stores, affecting as many as 33,000 jobs at the 70-year-old toy store chain. The company made the announcement to employees on Wednesday, according to the Wall Street Journal. A company representative confirmed the report, but noted that there would not be an immediate shutdown. Toys 'R' Us was already in the process of closing about 180 stores.  In a conference call with employees, CEO David Brandon cited customers choosing to shop elsewhere and online as one of the main reasons for the closures. Toys 'R'…

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by Joe Lombardi
Armonk, NY
On Your Side
J.C. Penney To Close More Stores, Lay Off Hundreds Of Employees J.C. Penney To Close More Stores, Lay Off Hundreds Of Employees J.C. Penney To Close More Stores, Lay Off Hundreds Of Employees
J.C. Penney To Close More Stores, Lay Off Hundreds Of Employees J.C. Penney says it will close eight stores in 2018, resulting in 480 job cuts. This comes after the department store chain shuttered 140 stores in 2017. The eight stores scheduled for closure this year are: Hampton Village Plaza in St. Louis, Missouri Garden State Plaza in Paramus, New Jersey Sandburg Mall in Galesburg, Illinois Viking Plaza in Alexandria, Minnesota Washington Park Mall in Bartlesville, Oklahoma Cascade Mall in Burlington, Washington Calexico Store in Calexico, California Knox Village Square in Mt. Vernon, Ohio J.C. Penney had announced earlier this week, 600 jobs would …

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by Joe Lombardi