An Unexpected Retailer Now Closes Stores in New Jersey

An unexpected retailer now closes stores in New Jersey due to what bosses are claiming is poor performance in the areas.

Gabe’s has announced the closure of two out of four stores in the south of New Jersey.

Along with it, the chain is laying off 52 employees as of August 12, a Worker Adjustment and Retraining Notification Act (WARN) filing states.

The stores in Cherry Hill and Mount Laurel have been selected for closure six years after they arrived.

In the WARN filing, Anna Ballard, senior corporate counsel for Gabriel Brothers, the parent company of Gabe’s, outlined the reason behind the closure.

Ballard warned customers that each location has suffered from “poor sales performance and [has been] operating at a consistent loss of profits.”

Ballard specified that 28 workers will be lost from Cherry Hill and 24 will be laid off from Mount Laurel.

They will each be paid and will continue to receive benefits for 90 days with the last payment scheduled for August 9, the filing states.

Each affected employee will be given one week of severance pay for each full year of employment with the discount chain.

The closures of the stores will leave just two other locations in New Jersey with one in Mays Landing and the other in Vineland.

These locations are not set to be impacted by the closures.

Gabe’s has stores in 20 states across the country.

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Also Read: An Unexpected Retailer Is Now Closing All Stores in Illinois

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Market News Today - An Unexpected Retailer Now Closes Stores in New Jersey.
Market News Today – An Unexpected Retailer Now Closes Stores in New Jersey.

Another massive retailer is now closing due to crime despite its location being a community staple for several years.

Rampant theft has led Walgreens to permanently close one of its major locations at the White Oak Shopping Center in Maryland, reports The-Sun.

Staff and shoppers told ABC affiliate WJLA-TV that the store was closed due to high rates of theft and crime.

Mobile security cameras were recently added by police in the parking lot around stores in the shopping center.

A source also told WJLA-TV that the shopping center’s management company had to fire their security company and hire a new one.

Just last year, there was an armed robbery inside Walgreens, resulting in a man and a woman taking an unknown amount of money and products.

Robberies have become a major problem in the area as stores get ransacked by violent thieves.

A resident told the outlet she was too scared to leave her car in the shopping center’s parking lot.

She says she saw another woman get assaulted and robbed.

“You can simply be walking and they take your purse and start running and they leave you with nothing,” said Sarah Rodriguez.

“That’s why when I’m here before I get out of my car I always look around first.”

Walgreens corporate execs announced earlier this year that about 150 stores will be closed throughout the US.

This would reduce the company’s corporate staff by about 10%, resulting in over 500 positions being eliminated.

News of a replacement for the store in the White Oak Shopping Center hasn’t been announced.

However, the center has been struggling to replace the Sears location that has sat vacant for over three years.

“Yeah, it’s not good, because everyone is complaining,” said resident Kokou Eafbo.

“This is the only pharmacy we have in this area and suddenly they close, we don’t understand.”

The shopping center had once been a thriving area full of shops in Montgomery County, reports The US Sun.

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Market News Today - An Unexpected Retailer Now Closes Stores in New Jersey.
Market News Today – An Unexpected Retailer Now Closes Stores in New Jersey.

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