Hackensack NJ, the city has reached a settlement with the company that controls the Sears property on Main Street, paving the way for a potential redevelopment project there to move forward.
Hackensack NJ, Sears has been in a death spiral for years and that demise has been accelerated by COVID19. Sears has recently initiated “Store Closing Sales” in 20 of its remaining locations and that number continues to grow by the week. and day. Liquidation sales have begun with the 88 year old Hackensack store in line for shut down.
The start of 2017 has been merciless when it comes to retail store closings. This year, analysts say online shopping has continued to take its toll on even the most popular brands.
Is your favorite retailer closing shop?
Check out our list of the biggest chains closings stores this year.
Walmart,
SEARS,
KMart,
JC Penny
BeBe,
Radio Shack,
CVS,
RiteAid,
The Children’s Place,
American Apparel,
Wet Seal,
Office Depot,
Aeropostale,
Men’s Wearhouse/Jos A. Bank,
The Limited,
Finish Line,
Chicos,
American Eagle,
BCBG Max Azria,
Abercrombie & Fitch,
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