While 2023 has started with many business openings, there has also been a fair share of closures.
This one is particularly sad.
Department stores got a lot of attention in the news.
Joann’s Fabrics announced in January that it would be closure of many sites.
Barnes & Nobles moved one store and closed another.
What about the continued closures of Bed Bath & Beyond and Harmon the caller leaves completely?
For me, the one that hurt the most was the legendary Langosta Lounge in Asbury Park closing its doors while new owners take over.
Opening a business is extremely difficult.
How many businesses fail in the first year?
That’s one in five, according to loan tree.
With that statistic, it’s hard to imagine a successful business for 91 years.
Think of all the economic ups and downs of this period, all of which are completely beyond our control.
On a more positive note, think of all the people you see over the decades.
We are talking about generations and generations of families.
The local business is a bit of a local landmark on Hooper Avenue in Toms River.
You always know you’re at the Shore when you see the big pink beach chair.
Gelco Furniture in Toms River is closing.
It’s a disappointment because I was buying from Gelco all the time.
I could always walk in and find parts you couldn’t find anywhere else.
They had traditional and out of the ordinary items.
The staff has always been very friendly and helpful.
This news has a silver lining. While Gelco closes, many of the items you love will still be available.
Seaside Furniture, owner of Gelco, is consolidate at Seaside Furniture’s two locations in Toms River and The Brick.
Are you looking for furniture? I would head to Gelco now. There are good deals happening.
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