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H Mart has opened a new store in New Jersey at American Dream in East Rutherford.
H Mart has opened its new 35,660 square foot store at American Dream. The grand opening was marked by welcoming customers with a dragon and traditional dances.
North Jersey.com
Grocery chain Stop & Shop said it will close 32 “underperforming” stores, including locations in Carlstadt and Ringwood and eight other locations in New Jersey, by the end of this year.
“Stop & Shop has evaluated its overall store portfolio and made the difficult decision to close underperforming stores in order to create a healthy foundation for future growth of our brand,” Stop & Shop President Gordon Reed said in a statement Friday.
Stop & Shop will continue to have more than 350 stores across its five-state footprint.
The chain has renovated nearly 200 of its stores since 2018, but ultimately “it’s not enough, and it’s not where we want to be or need to be,” said Stop & Shop CEO JJ Fleeman.
Stop & Shop spokesman Daniel Wolk said all employees will be offered other potential positions within the company.
Story continues below the photo gallery.
there 57 Stop and Shop Store In New Jersey.
These are the sites that will be closed by the end of 2024:
- 1083 Inman Street, Edison
- 1049 US Highway 1 South, Edison
- 4861 US Highway 9, Howell
- 1278 US Highway 22, Phillipsburg
- 581 Steelton Road, Piscataway
- 625 Patterson Street, Carlstadt
- 1221 Highway 27, Franklin Township
- 130 Skyline Drive, Ringwood
- 505 Richmond Ave, Point Pleasant Beach
- 2275 West County Line Rd, Jackson
Drugstore chain Walgreens said it would close hundreds of “underperforming” stores, and discount store chain Big Lots said it would close up to 40 stores as it considers bankruptcy.
Chains like Walgreens, Goal And I have It has announced plans to cut prices on thousands of its products as consumers feel inflation pressure.
Companies with a presence in New Jersey that have filed for bankruptcy since the pandemic include: red crabRite Aid, Bed Bath & Beyond, and Christmas Tree Shops.
Daniel Munoz covers business, consumer, labor and economics for NorthJersey.com and The Record.
e-mail: [email protected]; Twitter:@Daniel Munoz100 And Facebook
