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Retail

Retail rental rates staging comeback, expert says

The absorption rate of big-box retail space in New Jersey is increasing, with the Paramus-based Goldstein Group closing eight such transactions at the end of 2011, including four gyms, in northern and central New Jersey. Chuck Lanyard, president, said the New Jersey market is starting to see rent prices come back after dipping nearly 20 ...

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AP will close five N.J. stores as part of bankruptcy reorganization

Montvale-based A&P announced Monday that five additional New Jersey grocery stores will be closed, as part of 14 closures in four states, as part of the company’s reorganization after bankruptcy. A&P filed for bankruptcy in December 2010, and has been making incremental efforts to restructure the company and its four supermarket chains — A&P, Pathmark, ...

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Hamilton-based spa chain expands for business clients

As companies expand wellness programs as part of their benefit packages, Hamilton-based Hand & Stone spas is adding franchises rapidly and encouraging human resource teams to include massage therapy when considering employee resources. President and CEO Todd Leff joined Hand & Stone in 2009, working with founder John Marco to develop expanded franchising plans for ...

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