NJ Business and Retail News

A Five Below is being built out at the Seaview Square Shopping Center. By Dave Schatz Ocean Township - Five Below is opening a store on June 28th in Seaview Square Shopping Center on Route 66, according to window signs at the site. The 10,000 square foot outlet, which is being built out right now, is next door to the A.C. Moore on one side and a Hand & Stone franchise on the other.  “Hiring Party!" signage states that the retailer held all day long “on the spot interviews” from May 31 to June 2, and on May 25. The Five Below is a brief walk from the Target in the center, walking toward the front of the adjacent, now vacant, Sears building. But the freestanding Sears structure is not owned by Wharton Realty Group, the owner of Seaview since 2012. Presently there is an 18,000 square foot space available for lease on the left hand side of Jersey Strong Gym (facing the front of the fitness center). As Ocean's largest strip-mall, Seaview in 2019 could represent a

By Dave Schatz New Brunswick  - The Superfresh located at Wellness Plaza shuttered on Saturday, June 1. Following an extended struggle to survive and unpaid back rent of $737,000, as of April 25, the business could not work it out with New Brunswick Parking Authority (NBPA), after all. While the amount owed to NBPA, which owns the space it leased to Kevin Kim of Flushing, NY-based, Kumkang Fruit and Vegetable Corporation to operate the grocery and liquor store was striking, Kim recently told NJ Retail News he wasn't giving up. “We are working very, very diligently to survive day and night – seven days,” said Kim on May 13, adding that his business was "current and okay."  Kim, who could be found at the store daily in its final days, noted that in the 5-years of running it, “lost a lot of money" but would never "give up.” “These days I am here everyday to re-set store," wrote Kim in an email to NBPA's executive director, Mitch Karon, according