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Staples's logo from 1988 to 2019. Staples Inc. is an American office supply retail company headquartered in Framingham, Massachusetts. Founded by Leo Kahn and Thomas G. Stemberg, the company opened its first store in Brighton, Massachusetts on May 1, 1986. [5]
The company's stores were sold to a group of liquidators, and its CEO announced that all stores would close by the end of August 2016. [278] [279] Stein Mart filed for Chapter 11 bankruptcy in August 2020 with intent to close all of its locations due to the COVID-19 pandemic. [280] Sur La Table filed for Chapter 11 bankruptcy in July 2020. [21]
On February 4, 2020, Sears announced they would be closing as well on April 11, 2020 as part of a plan to close 31 stores nationwide which left Boscov's as the only traditional anchor left. [ 14 ] In 2022, it was announced that PREIT, the malls owner, gained approval to build 375 apartments on the property with a 125-room hotel in the works.
After the closures, Stop & Shop will still operate 81 stores in Connecticut, 115 in Massachusetts, 47 in New Jersey, 91 in New York and 25 in Rhode Island, employing over 50,000 associates.
In 2021, it announced plans to close an additional 900 stores. Earlier this month, CVS said it planned to cut about 2,900 jobs corporate jobs. And Rite Aid filed for bankruptcy last year, closing ...
Discounter retailer Big Lots will put some of its stores on the chopping block as it worries whether it can stay afloat. In a recent regulatory filing, the company said it plans to close 25 to 30 ...
The Sears store located on the property, which was under separate ownership than the rest of the mall, remained open. [9] On May 31, 2018, it was announced that Sears would be closing in September 2018 as part of a plan to close 72 stores nationwide, leaving the mall entirely without tenants.
Stop & Shop closing 10 NJ stores, including three in Monmouth and Ocean counties. Gannett. Michael L. Diamond, Asbury Park Press. July 12, 2024 at 2:37 PM. ... including 10 in New Jersey.