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Retail

A different kind of grower (access required)

When a member of a family-owned northern New Jersey manufacturing company grew worried about succession-planning issues, she put in a call to Steve Lauterback, a Morristown-based small-business growth and turnaround adviser.

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NJ retailer lands on best workplaces for women list

Burlington Stores Inc. ranks No. 39 on Fortune’s Best Large Workplaces for Women list, released Sept. 19. The retailer is the only New Jersey-headquartered company on the list of 75. Over its 629 locations, Burlington employs 35,015 people. Three out of four are women. “They hire people because their potential as an employee–they don’t care what ...

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Destination Maternity considers sale

Destination Maternity is considering a possible sale or merger after reporting a decline in sales for its second quarter. The Moorestown clothing retailer is also considering the pursuit of “value-enhancing initiatives” should it remain a standalone company, or capital structure optimization that could include financing or the sale of certain assets. “While we continue to ...

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Party City to open in Rockaway Townsquare

Party City will open its newest location in Rockaway Townsquare, just three miles from the company’s headquarters. The party retailer is the largest vertically integrated supplier of decorated party goods globally, according to a release. Rockaway Townsquare is currently undergoing a renovation scheduled for completion this fall. The Simon property will feature contemporary furnishings, newly installed ...

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