The tough business climate for small and large stores continues to wreak havoc in the Garden State.
In recent weeks, Bed Bath & Beyond announced the closure of a store in Edgewater, Bergen County. Acme has just closed a store in Middlesex County. Stop & Shop has closed two of its supermarkets. CVS has closed a store in Middlesex County. And these closures are on top of the countless small businesses and restaurants that have failed during the pandemic.
Now comes word that Walgreens is closing a store in New Jersey.
As Asbury Park Press reported, their location at Middletown Plaza on Route 35 in Middletown will close on February 28.
About the shutdown, a company spokesperson told the publication,
“We consider a number of factors when opening and closing sites, including local market dynamics and changing shopping habits of our customers.”
Walgreens’ departure from this mall is the second flagship store to go. Last year, ShopRite moved across the street.
Speaking of this mall, Middletown Township Mayor Tony Perry told patch.com,
“Two empty spaces that we hope will become great new businesses. You never want to see a business close. But the owner of this place is working on it…”
News of Walgreens’ closure comes just after the chain announced it would ship its flagship superstore to downtown Philadelphia by the end of this month.