Although the bankrupt retailer's namesake business faced weak sales and mounting losses despite a turnaround attempt, analysts believe it's baby-focused banner has a better shot at survival.
The location brings the jewelry retailer's revamped store concept to the Garden State for the first time.
A&G Real Estate Partners Senior Managing Director Mike Matlat described the availability as “a rare opportunity for expanding retailers to grow their real estate portfolios quickly and cost-effectively.”
Located in Woolwich Township, the 78,000-square-foot supermarket at Center Square Plaza replaces the Gibbstown store, which closed April 13.
Interim Chief Executive Officer Lee Wright will take on the permanent position at the Secaucus-based nutritional retailer, which also named a new president.
The opening introduces the brand to the region and is part of a larger initiative to create more touch points for new and existing customers.
The e-commerce giant's annual U.S. Small Business Empowerment Report found that more than 60% of sales in its store are from mostly small and medium-sized businesses.
As part of its ongoing U.S. expansion, the international value fashion retail giant plans to launch a new store in Union County.
The initiative with the Small Business Development Center at Ramapo College provides a retail space where shoppers can purchase from ventures that are African American-owned or owned by Africans of the Diasporas.
The brands plan to add 81,000 square feet of office space and amenities to the property, bringing the total footprint to 24 acres, or, the size of five baseball fields.
The Main Street Business Alliance is looking for small businesses to "Pop-Up on Main," allowing them to set up temporary shops in the city's special improvement district.
After marking its 1,000 store opening in Oaklyn last month, the Pennsylvania chain says it is adding 76 new stores this year throughout the Mid-Atlantic region and Florida.