“This news article, about the increased number of storefront vacancies in an “upscale” Bergen County downtown, may be of interest to many of you, particularly since Joseph A. Banks Clothiers shut their store on East Ridgewood Avenue last week.” Boyd Loving
Editors note : “I am a Joseph A. Banks customer , yet I never set foot in that store , always shop on line ” PJ blogger
By Fausto Giovanny Pinto | NJ Advance Media for NJ.com
on January 22, 2017 at 7:30 AM, updated January 22, 2017 at 7:32 AM
ENGLEWOOD — Signs that advertise available space are prominent on the windows of empty storefronts along Palisades Avenue in the heart of Englewood’s downtown shopping district.
A man walks by two empty storefronts on Palisade Avenue in downtown Englewood.Fausto Giovanny Pinto
Officials and realtors say the changing landscape of retail shopping has affected this area, filled with ritzy boutiques, chain stores and a host of eateries.
“Englewood is not the only one with empty stores,” said Carol Rauscher, president of the Englewood Chamber of Commerce. “Two things have contributed to the decline, online shopping and off-price stores, and that’s something we don’t have and won’t get.”
Recent departures from downtown include Victoria’s Secret, Chico’s, Nine West and Wendy’s. The downtown currently has a 5 percent vacancy rate, according to recent survey by the city’s Economic Development Corp.