Business: Jersey Bounce

As department store sales picked up around the U.S. (see State of Business), one startling figure was reported last week from New Jersey's bustling Passaic-Hudson-Bergen county area: its department store sales for the first seven months raced 48% ahead of a year ago. Jersey's bounce showed what happens when shopping centers move into suburban communities. The Passaic-Hudson-Bergen surge is due mostly to two highwayside shopping centers that have been built in the past year, less than a mile apart.

¶ Allied Stores Corp. opened Bergen Mall near Hackensack, within 40 min. driving time of a New York-New Jersey market with annual...

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