The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
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Paramus NJ, Barnes & Noble has found a new home closer to Ridgewood Avenue in Paramus to replace the popular store it will be closing this month after 28 years. The announcement came on the companies Facebook page:
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East Rutherford NJ, Toys R Us is back , the retail franchise, which closed in 2018, is reopening in New Jersey , likely at some point in December, ahead of the holidays . Toys “R” Us filed for bankruptcy in 2017 and shut its doors throughout the country in 2018 but collaborated with department store Macy’s to continue sales.
Continue reading Toys ‘R’ Us To Open US Flagship Store in the American Dream Mall in East Rutherford
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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.
Continue reading Landmark Toys ‘R’ Us Employee Severance Bill Becomes Law
Report: Toys ‘R’ Us says it will cut 200 jobs at headquarters
MONDAY MARCH 3, 2014, 6:57 PM
BY JOAN VERDON
STAFF WRITER
THE RECORD
Toys “R” Us is expected to announce layoffs at its headquarters in Wayne, and some 100 store closings in the coming weeks, according to industry sources.
Toys spokeswoman Kathleen Waugh would not comment Monday on a New York Post report that the retailer is preparing to eliminate up to 200 corporate jobs, but toy industry sources said they expect cutbacks will be announced soon.
“We’re all waiting for the shoe to drop,” said one toy analyst.
At the American International Toy Fair in New York City two weeks ago, several manufacturers said privately that Toys executives had told them they would be making cuts and streamlining operations in order to improve the company’s focus.
– See more at: https://www.northjersey.com/news/248188511_Report_says_Toys__R__Us_says_it_will_cut_200_jobs_at_headquarters.html#sthash.MprX8dHJ.dpuf
