Hackensack, NJ Community Message Boards

General Category => Hackensack Discussion => Topic started by: Editor on March 22, 2017, 08:48:37 pm

Title: Sears Future
Post by: Editor on March 22, 2017, 08:48:37 pm
http://hackensack.dailyvoice.com/business/owner-has-substantial-doubt-hackensack-sears-will-stay-in-business/704660/

http://www.northjersey.com/story/money/shopping/2017/03/22/sears-kmart-stores-borrowed-time/99501596/

If the store ever closes, I wonder if this building might make a good candidate for school expansion. I heard that the school district was once interested in the old Arnold Constable Building for Pre-K through 3rd. In the end, Bergen Community College bought it. Lost opportunity.
Title: Re: Sears Future
Post by: irons35 on March 22, 2017, 09:28:36 pm
the headline on daily voice is horribly written. 
Title: Re: Sears Future
Post by: Editor on March 22, 2017, 10:55:41 pm
According to Forbes, Traditional retail is dead: https://www.forbes.com/sites/adamhartung/2017/03/22/sears-today-walmart-tomorrow-why-you-dont-want-to-own-any-retail-stocks/#32bf1050499a.



Title: Re: Sears Future
Post by: BLeafe on March 22, 2017, 11:23:03 pm
the headline on daily voice is horribly written.

Did you read the first sentence? ("...the corporate owner is pointing pointing to online shopping...")

Title: Re: Sears Future
Post by: Editor on July 20, 2017, 04:28:27 pm
https://www.fool.com/investing/2017/07/20/why-sears-soared-today-and-best-buy-lowes-and-home.aspx

"The market may be fearing that this is a first step in a growing partnership between Amazon and Sears as the e-commerce giant could potentially use Sears cavernous stores as staging areas for fast delivery, for example."
Title: Re: Sears Future
Post by: Editor on January 04, 2018, 11:39:04 pm
https://www.cnbc.com/2018/01/04/sears-is-closing-more-than-100-more-stores.html

http://searsholdings.com/docs/010418-store-closing-list.pdf

Hackensack, Main St. Sears dodges another bullet.


Title: Re: Sears Future
Post by: Editor on May 31, 2018, 10:12:38 pm
Hanging in there!

http://www.msn.com/en-us/money/companies/how-low-can-it-go-sears-will-close-63-more-stores-is-yours-on-the-list/ar-AAy4Clb?ocid=ientp
Title: Re: Sears Future
Post by: ericmartindale on May 31, 2018, 10:56:16 pm
The city would be smart to create a Planned Unit Development (PUD) for the Sears property, with a density bonus exceeding the current zoning for the main lot, and their parking lot on the east side of River Street should be transferred to the City of Hackensack and added to Johnson Park, at no cost. This is legal, it can be done.

People think that parking lot is part of the park. It is not. It would be an ugly jolt to the City of Hackensack if that parking lot was ever developed. Now is the time for smart planning on this one.
Title: Re: Sears Future
Post by: Editor on October 11, 2018, 11:53:17 pm
https://seekingalpha.com/article/4211094-tears-sears   ???
Title: SEARS has filed for bankruptcy
Post by: BLeafe on October 15, 2018, 09:07:17 am
https://www.aol.com/article/finance/2018/10/15/sears-has-filed-for-chapter-11-bankruptcy/23561227/#

How will we ever live without this store that nobody goes to?

Maybe this one will survive, but if not, what would you like to see take over the building? Amazon? HUMC? Maybe the Family Dollar store across the street will expand to serve the new residents of the current 435 Main project next door and the nearby 389 Main project (and maybe the sun will be green tomorrow).



Title: Re: Sears Future
Post by: Editor on October 15, 2018, 01:08:50 pm
NorthJersey.com: Sears bankruptcy: One New Jersey store on cut list

https://www.northjersey.com/story/money/2018/10/15/sears-chapter-11-bankruptcy-puts-nj-stores-risk/1613243002/

Hanging in there for now...
Title: Re: Sears Future
Post by: Editor on December 27, 2018, 08:35:10 pm
https://www.cnbc.com/2018/12/27/sears-may-need-to-liquidate-if-no-bid-comes-in-by-tomorrow.html
Title: Re: Sears Future
Post by: Editor on December 28, 2018, 09:36:19 pm
NorthJersey.com: Sears to close 80 stores including a NJ location

https://www.northjersey.com/story/money/2018/12/28/sears-80-more-stores-including-nj-location/2431257002/
Title: Re: Sears Future
Post by: Editor on December 30, 2018, 09:34:26 am
Still hanging tough...

Fox Business: Here are the 80 Kmart and Sears stores set to close in March.

https://www.foxbusiness.com/retail/here-are-the-80-kmart-and-sears-stores-set-to-close-in-march
Title: Re: Sears Future
Post by: Editor on January 08, 2019, 08:22:30 pm
Down but not out....

NorthJersey.com: North Jersey Sears stores get brief reprieve

https://www.northjersey.com/story/news/new-jersey/2019/01/08/sears-bankruptcy-kmart-stores-nj-likely-doomed/2512536002/
Title: Re: Sears Future
Post by: Editor on January 16, 2019, 10:20:53 am
USA TODAY: Sears, Kmart may survive: Eddie Lampert wins Chapter 11 bankruptcy auction.
https://www.usatoday.com/story/money/2019/01/16/sears-bankruptcy-auction-eddie-lampert/2590973002/
Title: Re: Sears Future
Post by: Editor on February 02, 2019, 12:26:21 pm
https://www.cnn.com/2019/02/02/business/sears-decision/index.html
Title: Re: Sears Future
Post by: Editor on February 11, 2019, 09:09:49 pm
https://www.usatoday.com/story/money/2019/02/11/its-official-sears-ex-ceo-closes-deal-buy-sears-and-kmart/2842563002/

Hackensack Sears looks like its here to stay.
Title: Re: Sears Future
Post by: Editor on April 25, 2019, 09:03:24 pm
https://www.businessinsider.com/sears-closes-store-of-future-months-after-opening-2019-4
Title: Re: Sears Future
Post by: Editor on May 09, 2019, 10:51:23 am
https://www.businessinsider.com/sears-reveals-new-logo-slogan-2019-5
Title: Re: Sears Future
Post by: Editor on October 08, 2019, 11:13:30 am
https://www.foxbusiness.com/markets/sears-wins-liquidation-plan-approval-as-bankruptcy-end-is-near
Title: Re: Sears Future
Post by: johnny g on October 08, 2019, 01:14:27 pm
Although I haven't been in that (or any) Sears in many years, the Hackensack one along with the Library (to me) seem to be the last anchors of my Hackensack upbringing. At least we still have Lido and B-W Bakery right? Those don't seem to be going anywhere
Title: Re: Sears Future
Post by: Editor on July 01, 2020, 04:05:34 pm
Sad day:

https://www.northjersey.com/story/news/bergen/hackensack/2020/07/01/sears-likely-closing-iconic-hackensack-nj-store/5356192002/
Title: Re: Sears Future
Post by: Victor E Sasson on July 10, 2020, 12:45:42 pm
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.
                                                                                                                                                                                                                                                 
 

Title: Re: Sears Future
Post by: BLeafe on July 31, 2020, 11:25:32 pm
It's official. Start saving your money for all that Sears stuff you wouldn't have been caught dead buying a few months ago.