All Joyce Leslie stores closing; end-of-business sales start
Another New Jersey retailer is about to become history.
Fashion retailer Joyce Leslie started a going-out-of-business sale on Friday in all 42 of its stores, including 20 New Jersey locations, after more than 65 years in the clothes selling, according to its website, "the hottest looks from Jersey Girl glam to West Coast chic."
The first store opened in 1945 in Brooklyn and expanded throughout the Northeast.
"Unfortunately, our efforts to find a strategic partner to help save the business were not successful. We are saddened to say that we now have to close our doors after 65 years," CEO Celia Clancy said a statement. "Our business has been able to thrive for so many years as a result of our loyal associates and amazing customers. We encourage our customers to take advantage of the extraordinary savings on all of our remaining merchandise."
New York Business Journal reported that the chain filed for Chapter 11 bankruptcy in January and hoped to find a buyer within 30 days. Sales for the chain began to decline in 2014 as the chain failed to develop a "sophisticated" web sales presence making it hard to keep up with rivals such as H+M aimed at the same demographic, according to the site.
The name "Joyce Leslie" comes from the daughter of the company's founder, Julius Gewirtz.