Bed Bath & Beyond, Forever 21, And Pier 1 All Announce Closings
As we inch ever closer to the 2019 holiday shopping season, another group of major retailers that operate stores in Ocean County have announced that they'll be closing multiple locations, with hundreds of stores slated to close altogether.
In the order that they've been announced in the last few days, here's the latest:
Late last week, furniture and decor retailer Pier 1 announced that they'll be closing at least 70 stores, and that company officials, "...expect that number to increase" pending the outcomes of negotiations with landlords and sales performance.
There are two Pier 1 locations in Ocean County - in the Seacourt Pavilion on Bay Avenue in Toms River, and just off Route 72 in Manahawkin.
Last weekend, teen and young adult clothing chain Forever 21 said that they're filing for Chapter 11 bankruptcy.
The report says that they will close, "a number" of the chain's 800 locations, but that, "a significant number of these stores will remain open and operate as usual". No locations tabbed for closure have been announced yet.
There's a Forever 21 in both the Ocean County Mall and Monmouth Mall.
Bed Bath & Beyond
Just yesterday, news started to spread that Union, NJ based Bed Bath & Beyond was raising its previously announced 40 store closures to 60 stores under the BB&B corporate umbrella by the end of the holiday shopping season.
According to reports, 40 Bed Bath & Beyond stores will close, and another 20 stores will close under the company's sister-brands that include Harmon Face Values, World Market, Christmas Tree Shops, and more.
None of the companies have announced specific locations that will close, but if any of them come to Ocean County, we'll keep you updated.