Plans for the closing of the Mahwah-based retailer's 650 individual locations, including information about store closing sales, will be forthcoming.
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Retail
Temares out, Winston in as Bed Bath & Beyond CEO
Steven Temares has stepped down from his post as chief executive officer of Bed Bath & Beyond and resigned as a member of its board of directors after 16 years days after activist investors filed a complaint against the Union-based retailer in federal court.
Read More »Kids hair cutting franchise continues NJ expansion with Livingston location
Cookie Cutters Haircuts for Kids will open two additional salons in the state on the heels of the Essex County store's opening.
Read More »Activist investors file complaint against Bed Bath in federal court
Legion Partners Holdings alleges that the Union-based retailer has made efforts to subvert the rights of shareholders in relation to the roster of director candidates that Legion nominated for the board at the 2019 annual meeting of shareholders, which has been reduced from 16 nominees to 10.
Read More »Party City to shutter 45 stores; finds new helium source amid global shortage
The Rockaway-based novelty purveyor will close stores from among its 870 locations across the country. The impending closures are not directly related to the helium deficit.
Read More »Ascena Retail Group completes $300M Maurices sale
Mahwah's Ascena Retail Group Inc. has completed its sale of Maurices Inc., which was first announced in March.
Read More »Upgrades come to Newark Liberty’s Terminal B
Terminal B at Newark Liberty International Airport is getting an upgrade, with new stores slated to roll out in 2019 as part of efforts to enhance and expand customer services and options across the Port Authority of New York and New Jersey's facilities.
Read More »Whole Foods moves northeast HQ to Jersey City
Currently located in Englewood Cliffs, the grocer has signed a lease for 47,398 square feet of space for its new regional headquarters in Hudson County.
Read More »Activist investor group says Bed Bath deceptive, disingenuous
Bed Bath & Beyond’s claims that activist investors didn’t try to talk out their problems with the company’s board are patently false, the investor group said Thursday. According to the investor group, which includes Legion Partners, Macellum Capital Management and Ancora Advisors, the group signed a non-disclosure agreement on April 21 at the behest of ...
Read More »A helping hand
Small-business owners pride themselves on being able to wear many hats, but there are organizations that can offer a helping hand, as K-Deer founder and designer Kristine Deer discovered.
Read More »Activist investors’ strategic plan includes entire Bed Bath & Beyond board’s ouster
Legion Partners Holdings LLC, Macellum Advisors GP LLC, and Ancora Advisors LLC want to remove the company’s entire board, and has nominated 16 people to replace them at the BB&B’s 2019 annual shareholders meeting.
Read More »Leadership changes announced at Burlington Stores
Thomas Kingsbury will step down on or about Sept. 16, after more than a decade at the helm of the company, with former CEO of Ross Stores Inc. Michael O'Sullivan set to take his place.
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