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Retail

ShopRite, Wakefern to pay $235K, improve data security in privacy lapse settlement (updated)

According to the New Jersey Division of Consumer Affairs, the parties engaged in multiple violations of the state's Consumer Fraud Act by failing to properly collect and/or dispose of electronic devices and failing to properly provide pharmacies with appropriate training on properly handling the electronic personal health information contained on them.

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Each JC Salon concept stores is social distance ready. This is the interior of the Wyckoff location. - GIBRANNA LACAVA

Trimming profits

With New Jersey in the midst of a second wave of COVID-19, now might seem like an odd time to loosen restrictions on businesses. But Christine Modica, who heads the New Jersey Salon and Spa Alliance, said the rules put in place for hair salons and other so-called “personal care businesses” have been suffocating at times.

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Old bearded Santa Claus wearing face mask, holding gift box on xmas eve sitting at cozy home table late in night using laptop computer. Merry Christmas Covid 19 coronavirus social distance concept.

Safe shopping

Just over half of all shoppers are nervous about shopping for holiday gifts in stores due to COVID-19, and 1 in 3 say their financial situation is worse year over year, according to Deloitte’s 2020 Holiday Survey: Reimagining Traditions. While these findings don’t mean that consumers are shirking Black Friday and Small Business Saturday entirely this year, 2020 holiday retailing certainly will look different.

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clothes on a rack on a flea market.

In with the old

For major retailers getting into the pre-owned market – like Levi's, Gap and Walmart – retail analyst and sales consultant John Livesay referenced the switch from movie rentals to streaming: “Nobody takes their position for granted anymore. I’m sure the people at Blockbuster were very busy until the whole thing fell apart, whereas the people at Netflix were like ‘what’s the brand, what can we be doing?’”

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Dels Village Shopping Center, 115 Hawkins Place, Boonton.

Acme to buy 27 Kings Food Market and Balducci’s for $96.4M

“Our company has a history of managing small, differentiated chains that offer an elevated experience, like Andronicos and Haggens in the western U.S.," said Mid-Atlantic Division President Jim Perkins in a press release. "When we leverage their team’s expertise and continue to deliver what their customers want, these stores can thrive.”

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