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Macy’s to Shutter 125 Stores

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the staff of the Ridgewood blog

Paramus NJ, Macy’s Inc. plans to close 125 department stores over the next three years, an admission that a fifth of its locations cannot thrive as shoppers buy more online and make fewer trips to malls.

Macy’s will reportedly  plans to shut 125 stores over the next three years and slash about 2,000 corporate jobs.  Earlier on Tuesday, Macy’s had confirmed with CNBC it was closing its tech offices in San Francisco, consolidating these operations in New York and Atlanta.

The department store chain plans to exit weaker shopping malls, and instead will shift its focus toward opening smaller-format stores in strip centers, according to a report in The Wall Street Journal.

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Rollover Accident on Route 4 Leads to Massive Traffic Jam Monday Afternoon

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photos courtesy of Boyd Loving’s Facebook page

the staff of the Ridgewood blog

Paramus NJ, A rollover crash on Route 4 westbound in Paramus near the 35 Plaza strip mall caused a massive traffic jam on Monday afternoon, 02/03. Paramus Police, Paramus EMS, and Paramus Fire Department Engines 2 & 4 responded to the incident. A flatbed tow truck righted and removed the flipped passenger vehicle from the highway. The extent of injuries, if any, to the occupants (who had all self extricated prior to the arrival of emergency responders) is not known.

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Abercrombie & Fitch in Paramus Park Closes

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the staff of the Ridgewood blog

Paramus NJ, Abercrombie & Fitch has closed its Paramus Park Mall location.Last fall, Abercrombie & Fitch, which specializes in young adult apparel, said it planned to shrink its 677-store footprint as more sales move online, Bloomberg.com recently reported. The retailer has closed about 500 stores over the past decade, including flagship locations in New York, Italy and Japan.

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Just Beating the Deadline, Paramus Agrees to affordable-housing

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the staff of the Ridgewood blog

Paramus NJ, the Borough of Paramus has approved an affordable-housing agreement with Fair Share Housing Center that calls for 259 units in the borough.The Borough Council on Monday night approved the settlement agreement, which identifies 259 units of realistic development potential. Councilman Chris DiPiazza, saying he wanted to get a second opinion from another attorney, cast the lone dissenting vote.

Mayor Richard LaBarbiera said this week was the borough’s deadline, as its immunity against builder’s remedy lawsuits was about to end. Such lawsuits can result in high-density development being forced on a municipality.

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Reader says , Fairway,”after a few trips I decided to go elsewhere”

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“When it first opened in Paramus it was a novelty so I went a few times. I got tired of the piss poor attitude of the cashiers. And the milk never seemed to last. Hope the company can straighten their balance sheet out, but if employees aren’t friendly its not getting my business. Maybe I got a few nasty Bronx transplants at the register, but after a few trips I decided to go elsewhere.”

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Fairway Agrees to a Court-Supervised Sale Process

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the staff of the Ridgewood blog

Paramus NJ, its been two days of claims and counter claims ,but Fairway has agreed to a court-supervised sale process.

“We would like to extend gratitude to our employees, vendors, distributors and customers for their support, dedication, and loyalty over the years. It has always been Fairway’s priority to ensure our patrons are provided with the most optimal grocery experience, with the freshest foods and best quality products, and our employees feel appreciated. After careful consideration of all alternatives, we have concluded that a Court-supervised sale process is the best way to meet our objectives of preserving as many jobs as possible, maximizing value for our stakeholders, and positioning Fairway for long term success under new ownership.”
– Abel Porter, Chief Executive Officer at Fairway Market

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Landmark Toys ‘R’ Us Employee Severance Bill Becomes Law

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the staff of the Ridgewood blog

Trenton NJ,  Landmark legislation signed into law by Governor Phil Murphy,  the law, S-3170, makes New Jersey the first state in the country to guarantee severance pay in the wake of mass layoffs.

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Bed Bath & Beyond has announced plans to close dozens of stores

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the staff of the Ridgewod blog

Paramus NJ, Bed Bath & Beyond has announced plans to close dozens of stores.

Forty stores in 20 states are shutting their doors, including three in our area:

Exterior Street in Concourse Village, the Bronx
Palisades Center Drive in West Nyack, New York
Route 46 in Parsippany, New Jersey

Another 20 locations are slated to close later this year.

The retail chain still has nearly 1,000 stores across the United States and Canada.

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UPDATE: Fairway, the iconic New York grocer, announced it has “no intention” to close all its stores, disputing a published report.

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the staff of the Ridgewood blog

Paramus NJ,  we received in initial reported that Fairway the iconic  New York City grocery chain is planning to file for a Chapter 7 bankruptcy, which means the grocery chain does not currently have a plan to continue to exist  unlike when it filed what’s known as a Chapter 11 reorganization plan in 2016.

Continue reading UPDATE: Fairway, the iconic New York grocer, announced it has “no intention” to close all its stores, disputing a published report.

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Paramus Falls for the Bogus Premise of “Traffic Calming” by adding a Dedicated Bike Lanes On Midland Avenue

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the staff of the Ridgewood blog

Paramus NJ,  The borough will soon install its first-ever bike lanes, aimed at improving safety for cyclists using the busy Midland Avenue thoroughfare. The bike lanes will run from Paramus Road to Country Club Road on Midland Avenue. Striped lanes will be added on both the eastbound and westbound sides of the road. The stretch of Midland Avenue,which has a speed limit of 35 mph, is home to the public library, Midland Elementary School, the municipal swimming pool and an access road to Bergen Community College.

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Paramus Green House Fire Under Investigation

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photo courtesy of Boyd Loving

the staff of the Ridgewood blog

Paramus NJ, early Wednesday evening, 01/15 Paramus Fire Companies 3 & 1 responded to a working fire in a green house at a local nursery. A quick knockdown saved the adjacent structures and all went home safe. The Fire within a greenhouse  was at the Denny Wiggers Garden Center, located in the 300 block of Paramus Road. Paramus Police, Paramus EMS, and the Paramus Rescue Squad also responded.

The Bergen County Sheriff’s Office Patrol Division assisted with traffic control. Paramus Road was shut down northbound & southbound between Midland Ave & Century because of the fire .No injuries were reported; damage to the greenhouse involved was extensive. The cause of the fire remains under investigation.

 

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Macy’s to Close 28 Stores

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the staff of the Ridgewood blog

Paramus NJ, Macy’s said Wednesday that it will close 28 of its namesake department stores and one Bloomingdales location as part of its annual review process.

The company operates about 680 department stores and 190 specialty stores. Many industry watchers expect department store operators will need to shutter more locations in order to become more profitable.

Macy’s has already been through several rounds of store closures in recent years. In November, Macy’s CEO Jeff Gennette said Macy’s was seeing weaker-than-expected performance at “lower-tier malls.”

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Pier 1 Imports is closing nearly half its 942 stores

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the staff of the Ridgewood blog

Paramus NJ, Pier 1 Imports is closing nearly half its 942 stores as consumers increasingly shop online for home goods. Pier 1′s losses have been mounting, as its sales decline. This latest quarter was no exception. Its third-quarter loss widened from a year ago, as same-store sales declined 11.4%.

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NY Post is reporting that Fairway Market on the verge of filing for bankruptcy

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the staff of the Ridgewood blog

Paramus NJ, the NY Post is reporting that Fairway Market, the famous New York grocer that has been a staple on the Upper West Side for nearly a century, is on the verge of filing for bankruptcy once again again, The Post has learned that Fairway is now preparing to seek bankruptcy protection this month after failing to find a buyer for its 14 stores.

Fairway has been quietly closing stores with the most recent shuttering in Nanuet, New York, a 65,000-square-foot store that closed in September. Sources say another two stores in New Jersey one in Paramus and one in Woodland Park are likely next on the chopping block.

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Paramus Residential Dumpster Fire Leave Nearby Homes Undamaged

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photos courtesy of Boyd Loving’s Facebook page

the staff of the Ridgewood blog

Paramus NJ, Paramus Fire Companies #1 & #3 were dispatched to the 700 block of Chimes Road, Paramus on Sunday afternoon, 12/29, to extinguish a fire confined to a roll off container located in a residential driveway.. No injuries were reported as a result of the blaze, and there was no fire extension to either of the two (2) nearby homes. Paramus Police and the Paramus Rescue Squad also responded.

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