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Daffy's closing - 1,300 jobs lost - 51 years in business
Crains ^ | 7/16/2012 | Adrianne Pasquerelli

Posted on 07/16/2012 1:37:19 PM PDT by GlockThe Vote

Daffy's Inc., a staple of the New York shopping scene for 51 years, is closing its doors. The Secaucus, N.J.-based discount retailer, which had been rumored to be in financial turmoil, said Monday that all its stores will be shuttering over the next few months, as part of a company liquidation.

In a statement, Daffy's said it "deeply regrets that this action was necessary due to the impact on its business of the uncertain economy and weak consumer spending and a lack of viable financial and business alternatives."

The discounter employs 1,300 people and operates a total of 19 locations, all of them in the New York metro area, with the exception of one in Philadelphia. Eight of them, including a 17,000-square-foot Times Square flagship that opened only last year, are in Manhattan.

(Excerpt) Read more at crainsnewyork.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events; US: New York; US: Pennsylvania
KEYWORDS: 2012; bhoeconomy; democrats; economy; hopeychangey; newyork; nyc; obama; obamaville; pennsylvania; philadelphia; retail; theend; unemployment
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To: nascarnation

DC is sucking the nation dry.


41 posted on 07/16/2012 3:24:11 PM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks GlockThe Vote.


42 posted on 07/16/2012 3:36:59 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/)
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To: GlockThe Vote

Governmental Providence.


43 posted on 07/16/2012 3:38:42 PM PDT by Mike Darancette (Obamaid has to go.)
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To: GlockThe Vote
Thufferin thuccotash.
44 posted on 07/16/2012 3:40:04 PM PDT by JPG (Whatever semantics are used, it is still a TAX.)
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To: napscoordinator
You "know" nothing about me....and are reduced to making stuff up.

Please point out any comment I've ever made...that is "more liberal than the Democrats".

You won't, and you can't.

45 posted on 07/16/2012 3:47:31 PM PDT by Osage Orange (8675309)
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To: napscoordinator
ROFLOL!!!

You equate "waiting for gas" to be worse than what's going on now???

Like I said....you amaze me.

And you think Obama isn't the worst POTUS ever too!!??

46 posted on 07/16/2012 3:57:04 PM PDT by Osage Orange (8675309)
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To: GlockThe Vote

“And guess who is going to move into all that new vacant space?”

Across the river in NJ, that would be tattoo parlors, unlicensed barbershops, massage parlors, pawn shops, check cashing places, mega-laundromats, and travel agencies that also process immigration papers and international money transfers.

The “new normal” as Americans fade from the scene and are replaced by transient migrant workers...


47 posted on 07/16/2012 4:28:38 PM PDT by kearnyirish2
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To: Osage Orange

Well you are a Baby Boomer so you are sitting pretty....The rest of us are working to pay for your generation.


48 posted on 07/16/2012 4:44:07 PM PDT by napscoordinator
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To: Osage Orange

From day one you have been touting how wonderful Romney is....you obviously love him and his values. The problem is you are sticking the jerk on the rest of us. There is NO WAY you are conservative with the Romney love you show. You won’t even vote for a conservative....That is low and disgusting!!!! And before you say “I never said I wouldn’t vote for a conservative.” BS!!! You are refusing to vote for a conservative on 6 November....That is the point I am trying to make. You are a liberal and have absolutely ZERO principles!!!! That point I made if 100 percent perfect and accurate. You cannot dispute one word of what I wrote.


49 posted on 07/16/2012 4:52:05 PM PDT by napscoordinator
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To: GlockThe Vote

Obama: “Yes I did”!


50 posted on 07/16/2012 5:03:07 PM PDT by MadMax, the Grinning Reaper
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To: napscoordinator
The rest of us are working to pay for your generation.

You're a little premature with that. Most boomers are still working, putting their kids through school, and watching their 401-ks evaporate.

51 posted on 07/16/2012 5:14:07 PM PDT by Carry_Okie (The Slave Party Switcheroo: Economic crisis! Zero's eligibility Trumped!! Hillary 2012!!!)
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To: Carry_Okie

Oh I know. I was directing that directly to him. He is so liberal that it is insane.


52 posted on 07/16/2012 5:53:49 PM PDT by napscoordinator
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To: GlockThe Vote

Four months ago, I was one of those “will not vote for Romney” types, hoping my intransigence would wake up the RINO GOP. That was then, this is now.

I still see Romney as a stall for time tactic because I don’t think his record is one of a small government conservative, but that of a RINO pragmatic milktoast.

But that doesn’t matter, because stopping BO’s mad dash towards destruction is more important than electing an ideological conservative.

FUBO is right.


53 posted on 07/16/2012 6:17:18 PM PDT by Valpal1
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To: GlockThe Vote

Obama says they didn’t build the business on their own. One thing is for sure. They didn’t go bankrupt on their own. The government gave them a lot of help in going belly up.


54 posted on 07/16/2012 6:20:51 PM PDT by Revel
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To: Revel

Yup.


55 posted on 07/16/2012 6:25:06 PM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: GlockThe Vote
The Secaucus, N.J.-based discount retailer

Discount retailer?

Isn't this the area that prevented WalMart from entering?

I wonder if Daffy's was paying SEIU level wages and benefits?

56 posted on 07/16/2012 6:36:41 PM PDT by xzins (Retired Army Chaplain and Proud of It! Those who truly support our troops pray for their victory!)
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To: GlockThe Vote
The site of all the commercial vacant space near me is very depressing.

In my neighborhood, "We Buy Gold!" and internet (gambling) cafes have taken over many of the vacant strip mall locations.

The new Obama Economy.

57 posted on 07/16/2012 6:45:08 PM PDT by Drew68 (I WILL vote to defeat Barack Hussein Obama!)
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To: Drew68

My neighborhood has changed drastically for the worse in the last 4 years. We used to be a haven for Irish construction workers now we have ghetto street thugs on the corners w pants around ankles etc.


58 posted on 07/16/2012 6:53:24 PM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: GlockThe Vote
"Daffy's closing - 1,300 jobs lost - 51 years in business"

"NO" Business, as usual in the Obamanation.

59 posted on 07/16/2012 6:55:54 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: napscoordinator
I was just a kid when Carter was POTUS, too. Even at 10 years old, we used to laugh at the "Peanut man" with the big goofy grin.

It's sad (and telling) when even kids don't take the President seriously.

60 posted on 07/16/2012 8:37:09 PM PDT by boop (I hate hippies and dopeheads. Just hate them. ...Ernest Borgnine)
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