Rite Aid Is Selling These Seven New Jersey Leases After Filing For Bankruptcy
Of the dozen New Jersey Rite Aid stores closing amid filing for bankruptcy, seven of the leases are being sold.
A&G Real Estate Partners is acting as the real estate advisor for the pharmacy chain, which filed for bankruptcy on Oct. 15, and has plans to close 154 underperforming stores nationwide.
The following leases are for sale, according to A&G:
2 Vernon Ave., Hamburg
1636 Route 38, Lumberton
210 Bridgeton Pike, Mantua
108 Swedesboro Road, Mullica Hill
Route 33/Robbinsville-Edinburg Road, Robbinsville
773 Hamilton St., Somerset
1434 South Black Horse Pike, Williamstown
The dea…
Rite Aid Announces 20 NY Stores Slated For Closure After Declaring Bankruptcy
Rite Aid has announced specific store closures just days after the struggling pharmacy chain filed for bankruptcy.
Of the 154 closures nationwide announced on Tuesday, Oct. 18, 20 are in New York, 14 of which are on Long Island.
Rite Aid currently has 2,100 stores and about 45,000 employees.
The Long Island stores slated for closure are:
2 Whitney Ave., Floral Park
3131 Hempstead Turnpike, Levittown
3199 Long Beach Road, Oceanside
198 West Merrick Road, Valley Stream
836 Sunrise Highway, Bay Shore
2784 Sunrise Highway, Bellmore
901 Merrick Road, Copiague
577 Larkfield Road, East Nor…
VA Christmas Tree Shops Store Among 10 National Store Closures
Christmas Tree Shops has announced it will close 10 of its stores after filing for bankruptcy.
The 53-year-old discount home-goods chain offers seasonal decor year-round, along with assorted gifts, kitchen items, and furniture.
The 10 stores closures are:
Rockland County, New York: 32 Spring Valley Marketplace, Spring Valley;
Jefferson County, New York: 21182 Salmon Run Mall Loop West, Watertown;
Cape Cod, Massachusetts: Davis Straits, Route 28 Falmouth Plaza, Falmouth, Massachusetts;
Barnstable County, Massachusetts: Cranberry Highway Route 6A, Sagamore;
Lancaster County, Pennsylvania:…
David's Bridal Laying Off 9,200 Employees Amid Bankruptcy Filing
David's Bridal will send more than 9,000 workers home in an upcoming round of layoffs, according to a disclosure form it filed with the Pennsylvania Department of Labor and Industry.
The Montgomery County, PA-wedding retailer expects to lay off 9,236 employees nationwide in a three-phase plan that began on Friday, April 14, according to the state website.
It's not clear how many of those workers are in Pennsylvania, though the layoffs are expected to affect locations in Blair, Dauphin, Delaware, Erie, Luzerne, and York counties, as well as four shops in Allegheny County, two sho…
PA's David's Bridal Laying Off 9,200 Employees Amid Bankruptcy Filing
Montgomery County's own David's Bridal will send more than 9,000 workers home in an upcoming round of layoffs, according to a disclosure form it filed with the state Department of Labor and Industry.
The Conshohocken-based wedding retailer expects to lay off 9,236 employees nationwide in a three-phase plan that began on Friday, April 14, according to the state website.
It's not clear how many of those workers are in Pennsylvania, though the layoffs are expected to affect locations in Blair, Dauphin, Delaware, Erie, Luzerne, and York counties, as well as four shops in Allegheny C…
