Archived Posts from "'Doomed'"

Arroyo – For Rent

So you want to start a liquor store? Arroyo for rent in Hoboken

Arroyo Liquors was one of those places that you’d have to do a double-take to be sure it was open or doomed. But now, it appears that the store is for rent.

The space is 1100 square feet – with 800 additional sq. ft. of storage. While you can “rent” the space, you’d have to BUY the liquor license to run it. Liquor stores all seem to have no problem turning a profit in town – maybe these guys were just tired of it. I’d suspect that dealing with drunks all the time (without a bouncer to help you out) is a royal pain.

Have tons of money burning a hole in your pocket? Call 201-238-5033 to find out how you can take a crack at running your own liquor store!.

Arroyo liquor store hoboken nj for rent license

Description: Retail Liquor Store For Rent
Address: 260 1st St, Hoboken, NJ 07030-3500
Telephone: (201) 659-5787

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Miss Burlington Coat Factory?

Burlington Coat Factory in Hoboken was great

More than two years since Hurricane Sandy knocked Burlington Coat Factory out of Hoboken, the signs still hang on the building – and remind us how convenient that place was. Doubt we’ll ever have another place like it in town.

Those Jonesing for some “BCF action,” can find a few in Manhattan, or you can just drive over to Secaucus or North Bergen if you want your fix.

I bet in 10 years or so – this uptown area will certainly “change,” but for the better – who knows. Cookie cutter condo buildings with the same mix of stores gets tiring.

Burlington Coat Factory Hoboken NJ

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Radio Shack – Dead?

Stumbled on this story about Radio Shack from eight years ago – funny, but sadly true!

Even CEO Can’t Figure Out How Radio Shack Still In Business

Apr 23, 2007

FORT WORTH, TX—Despite having been on the job for nine months, Radio Shack CEO Julian Day said Monday that he still has “no idea” how the home electronics store manages to stay open.

radio shack CEO“There must be some sort of business model that enables this company to make money, but I’ll be damned if I know what it is,” Day said. “You wouldn’t think that people still buy enough strobe lights and extension cords to support an entire nationwide chain, but I guess they must, or I wouldn’t have this desk to sit behind all day.”

The retail outlet boasts more than 6,000 locations in the United States, and is known best for its wall-sized displays of obscure-looking analog electronics components and its notoriously desperate, high-pressure sales staff. Nevertheless, it ranks as a Fortune 500 company, with gross revenues of over $4.5 billion and fiscal quarter earnings averaging tens of millions of dollars.

“Have you even been inside of a Radio Shack recently?” Day asked. “Just walking into the place makes you feel vaguely depressed and alienated. Maybe our customers are at the mall anyway and don’t feel like driving to Best Buy? I suppose that’s possible, but still, it’s just…weird.”

radio shack hoboken NJAfter taking over as CEO, Day ordered a comprehensive, top-down review of RadioShack’s administrative operations, inventory and purchasing, suppliers, demographics, and marketing strategies. He has also diligently pored over weekly budget reports, met with investors, taken numerous conference calls with regional managers about “circulars or flyers or something,” and even spent hours playing with the company’s “baffling” 200-In-One electronics kit. Yet so far none of these things have helped Day understand the moribund company’s apparent allure.

“Even the name “Radio Shack” — can you imagine two less appealing words placed next to one another?” Day said. “What is that, some kind of World War II terminology? Are ham radio operators still around, even? Aren’t we in the digital age?”

“Well, our customers are out there somewhere, and thank God they are,” Day added.

One of Day’s theories about Radio Shack’s continued solvency involves wedding DJs, emergency cord replacement, and off-brand wireless telephones. Another theory entails countless Radio Shack gift cards that sit unredeemed in their recipients’ wallets. Day has even conjectured that the store is “still coasting on” an enormous fortune made from remote-control toy cars in the mid-1970s.

Day admitted, however, that none of these theories seems particularly plausible.

radio shack earnings“I once went into a RadioShack location incognito in order to gauge customer service,” Day said. “It was about as inviting as a visit to the DMV. For the life of me, I couldn’t see anything I wanted to buy. Finally, I figured I’d pick up some Enercell AA batteries, though truthfully they’re not appreciably cheaper than the name brands.”

“I know one thing,” Day continued. “If Sony and JVC start including gold-tipped cable cords with their products, we’re screwed.”

In the cover letter to his December 2006 report to investors, “Radio Shack: Still Here In The 21st Century,” Day wrote that he had no reason to believe that the coming year would not be every bit as good as years past, provided that people kept on doing things much the same way they always had.

Despite this cheerful boosterism, Day admitted that nothing has changed during his tenure and he doesn’t exactly know what he can do to improve the chain.

“I’d like to capitalize on the store’s strong points, but I honestly don’t know what they are,” Day said. “Every location is full of bizarre adapters, random chargers, and old boom boxes, and some sales guy is constantly hovering over you. It’s like walking into your grandpa’s basement. You always expect to see something cool, but it never delivers.”

Added Day: “I may never know the answer. No matter how many times I punch the sales figures into this crappy Tandy desk calculator, it just doesn’t add up.”

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Lucky Cleaners

Lucky Cleaners appears unlucky in Hoboken

To our eyes, it appears that Lucky Cleaners over at 7th & Willow is closed. But in a departure from typically depressing brown-papered windows – they opted to use colorful retail sales ads from the Sunday paper instead. What a relief!

lucky cleaners doomed hoboken NJ

Description: Dry Cleaners, Laundry service, Alterations Papered store front.
Address: 703 Willow Ave, Hoboken, NJ 07030
Telephone: (201) 420-9634

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Red Mango Yogurt Hoboken – Doomed?

Red Mango Yogurt appears to want “out” of Hoboken

Red Mango Yogurt just opened about two years ago here in Hoboken. And just last winter – we pondered whether Red Mango would be on the precipice of doom based on our casual observations of tepid customer traffic.

Well, it appears that we might have been right.

Red Mango is currently looking to SUB-LEASE their 1350 sq. ft. spot at 213 Washington Street. They probably had a two year minimum stay out of a 10+ year lease.

The cost? Around $70,000 per year, or just under $6k per month.

What does that work out to in order to break even there? A million ounces of yogurt per year?

Red Mango Hoboken NJ for rent

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The Smoke Shop – For Rent

The Smoke Shop for rent in Hoboken, NJ

You know that image they present in movies where some rich douchebag is laughing up a storm while lighting cigars with $100 dollar bills?

Maybe people in Hoboken aren’t doing that anymore, as The Smoke Shop over near 3rd & Hudson has a sign in the window that it’s currently for rent.

Wonder if it’s just a down economy, increased rent or a combination of both. Or perhaps the owner just wanted to retire.

I’m curious if the next place to move in will have trouble eradicating that cigar smell from the place. I can imagine that would take quite a bit of effort.

The Smoke Shop Hoboken NJ for rent

Description: Cigar Store featuring a large selection of Cigars, Smoking related Gifts & Accessories, walk-in humidor, Cigar cases, lighters
Address: 235 Hudson Street, Hoboken, NJ 07030
Telephone: (201) 217-1701

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