General Category > Hackensack Discussion
My favorite paper is not having a good day
Victor E Sasson:
HACKENSACK CHRONICLE REPRINTS NEWS STORY
ON 'LIKELY' CLOSING OF SEARS STORE.
The Sears Roebuck and Co. store on Main Street in Hackensack is called "iconic" and an "outdated mainstay in the heart of Hackensack" by reporter Melanie Anzidel of The Record and NorthJersey.com.
"The retail dinosaur has slowly lost its footing in the Garden State," she wrote, noting Sears filed for bankruptcy in the fall of 2018. The store opened in 1932.
Anzidel then wrote:
"The store [in Hackensack] even downsized, in a potential last ditch effort to survive, by selling off a separate parcel of its land to build an ALDI, a German discount grocery chain that opened on the shared property in 2017, at the other end of the parking lot."
Knocking down the Sears tire and auto battery store to clear the property for construction of a supermarket doesn't sound like downsizing to me, and it wasn't "a separate parcel," as Anzidel notes herself when reporting ALDI opened in 2017 "at the other end of the [Sears] parking lot."
When Sears filed for bankruptcy, the retailer still operated stores in Hackensack, Livingston, Rockaway, Wayne and Jersey City, which soon may be the only Sears left in New Jersey, Anzidel said.
-- VICTOR E. SASSON[/b][/i]
Victor E Sasson:
THE RECORD, (201) MAGAZINE AND OTHER GANNETT PUBLICATIONS ARE NOW OWNED BY A JAPANESE CONGLOMERATE
On July 16, 2020, a New York Times story reported that hedge funds and private equity firms have become the owners of newspapers in Canada and the United States.
"The private equity fund Fortress Investment Group controls the largest American newspaper chain, Gannett, which published USA Today, The Arizona Republic and 250 other dailies, [including The Record of Woodland Park]," Times reporter Edmund Lee says. "Fortress is owned by the Japanese conglomerate SoftBank."
Here is a profile of SoftBank from Google:
SoftBank Group Corp. is a Japanese multinational conglomerate holding company headquartered in Tokyo. SoftBank owns stakes in many technology, energy, and financial companies. It also runs Vision Fund, the world's largest technology-focused venture capital fund, with over $100 billion in capital. Wikipedia
Stock price: SFTBF (OTCMKTS) $59.75 +0.25 (+0.42%)
Jul 17, 4:00 PM EDT - Disclaimer
CEO: Masayoshi Son (Feb 1986–)
Owner: Masayoshi Son
Founder: Masayoshi Son
Founded: September 3, 1981, Tokyo, Japan
Headquarters: Minato City, Tokyo, Japan
Subsidiaries: SoftBank, Yahoo! Japan, WeWork, MORE
READ: https://thesassonreport.blogspot.com/2020/07/japanese-conglomerate-owns-equity-fund.html
Victor E Sasson:
BOWEL MOVEMENTS TO ECHO
ACROSS HALLOWED NEWSPAPER SITE
BORG FAMILY, PARTNERS START CONSTRUCTION OF 5 APARTMENT BUILDINGS
READ: https://eyeontherecord.blogspot.com/2020/07/from-great-local-journalism-to-hawking.html
BLeafe:
From: https://eyeontherecord.blogspot.com/2020/07/from-great-local-journalism-to-hawking.html
Think of it:
Tenants of the luxury apartments will be moving their bowels on the site of a great local daily newspaper Stephen A. Borg turned to trash.
Here's what I'm thinking: Hundreds of Record employees - including YOU - must have also moved their bowels there in the many decades that The Record and its bathrooms were on the River St site.
What's the difference? It's the same ol' sh*t, isn't it?
And what does any of this - and the post that precedes it - have to do with a thread about the poor quality of the writing in the newspaper?
Posts should only be in one relevant thread.
Try to keep that in mind.
BLeafe:
And - right on cue - today's Hackensack Chronicle (pg. 2, third and fourth words of the caption) reminds us what this thread's all about (you mean she's NOT the crane?):
Click to enlarge.
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