Retail chain announces store closures in NJ and NY

A major retail chain has announced it will close some of its stores in New Jersey and New York. This comes as the shopping landscape continues to change. Consumers are shifting their habits, preferring fast-casual dining and online shopping. Restaurants are particularly affected. Many diners now choose quick-service options like Panera Bread and Chipotle over traditional chain restaurants. This change has led to closures for popular brands like TGI Fridays and Red Robin. In retail, foot traffic at large stores has declined as more people shop online. The pandemic accelerated this trend, making it easier for customers to buy items without leaving home. Meanwhile, dollar stores are seeing increased visitors as shoppers look for ways to save money. Dollar General recently reported it would close up to 96 locations by May after reviewing its store portfolio. Despite this, the company plans to open over 500 new stores this year. In New Jersey, there are about 175 Dollar General stores, and around 555 in New York. Specific store closures have not been announced yet.