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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.
CVS is closing 900 stores. Rite-Aid is closing 500. Walgreens announced Tuesday it plans to close 1,200 stores, meaning 1 in 7 will disappear.
All Stop & Shop workers will be offered other potential positions within the company, said spokesperson Daniel Wolk. Story continues below photo gallery. There are 57 Stop & Shop stores in New Jersey.
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.