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National Wholesale Liquidators Closing 48th Street Store After Filing for Bankruptcy

Photo: Queens Post

Nov. 1, 2018 By Christian Murray

National Wholesale Liquidators is closing its Long Island City store in a move that comes just two weeks after the company filed for Chapter 11 bankruptcy protection.

The West Hempstead, New York-based company put up signage today announcing the closure of  it 35-00 48th Street store, along with steep product discounts inside.

The store is located on a strip that has seen the closure of Toys R Us this year, with Danice also in the process of winding down.

National Liquidators is likely to close all of it 10 stores in the northeast, including one at 71-01 Kissena Blvd. in Flushing, citing liquidity issues.

“We’re working on trying to save the company,” said Phil DeGorter, National Wholesale Liquidators’ director of loss prevention and human resources. He said the company is looking to find a buyer that can rescue some of its stores.

The company has filed notice with the state that said 58 employees will lose their jobs when the 48th Street store closes, while 60 employees will be left jobless if their Flushing location shutters.

DeGorter, however, said it was too soon to say whether the Flushing location will shut down. “We’ll know in a couple of days,” he said.

Discount retailer National Wholesale Liquidators built its business capitalizing on retail bankruptcies, closeouts and opportunistic buys of unsold merchandise, which it then offered to shoppers at deep discounts.

The company once had a large presence across the Northeast and part of the Midwest.

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42 Comments

Sunny

This place is awful. I can’t believe that even with their “sales” other places on the block are still cheaper with better quality goods.




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George Kelly

A middle school???For more SCHOOL CONTRUCTION AUTHORITY???ON A MAJOR BOULEVARD??OH stop this insanity???please




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Gardens Watcher

This store is NOT on Northern Blvd. and is only a few blocks north from the original proposed middle school location. That proposed spot on 48th St. near 39th Ave. is still controversial not only because of the traffic snarl it would cause but also because that building is an architecturally significant building.

The National Liquidators spot would handle the school traffic much better, especially school buses, than the narrower corner on 48th St. on the other side of the tracks.




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Queens History

Former site of the world famous, long forgotten, Madison Square Bowl of Cinderella Man fame




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Anonymous

The bankruptcy ploy is a scam. This is the second time in less than 10 years they filed bankruptcy. They don’t pay the vendors and companies they order from and accept merchandise they have no intentions of paying for. Don’t believe this bankruptcy thing. It is only a money maker for the company. They run up bills and don’t pay them and then file bankruptcy and these other companies can never get the money owned to them. This company needs to repay all the other companies they screwed.




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Sunnyside111

Strange, because company has been around since 1985, they wouldn’t last if they kept doing this, and if someone already filed bankruptcy there are measures in place when vendors deal with them. Are you making this all up or do you have some kind of source?

In either case, this place was never really “liquidator” type of place to begin with, yes they have very cheap garments, and some other merchandise, but then rest of their stuff are low quality or problem products. Otherwise I will be sad to see this place go because there are times when you don’t want to pay macy’s or raymour and flanigan’s nonsense prices for simple stuff..




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Suze

Bring a Whole Foods to Queens! This would be a great spot. Even Trader Joes would be good..Thanks




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SuperWittySmitty

There are already two large supermarkets in that area. Personally. I would like an Aldi’s.




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South Side Johnny

I would occasionally wander around in that store and eventually realize that I was not really going to find a great deal, that it was mostly low-quality merchandise sold at slightly discounted prices. Hard to imagine another company moving into this huge space and doing well.




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Arvin

No big loss the place is a dump..Hopefully the predatory tow truck company will be out of business…Incredible how they drag cars out of there with no blinkers or flashing lights and race up 48th st ignoring traffic lights and endangering other motorists.




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Wolfsbane

Too bad. I used to shop at the Sunnyside and Flushing stores. Great deals on replacement H4 headlight bulbs, anti-freeze, oil, and cans of tire inflatants back when I had a car. Other things, the prices weren’t as good.




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Anonymous

That parking lot is always towing people’s cars for absolutely no reason. They were opportunistic and now they have no tenants. Boo hoo.




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Withheld

Maybe the Department of Homeless Services can built a large men’s rooming house for ex-cons and parolees on site or better yet the site of the Sunnyside prison complex right in Jimmy Van Bramer’s backyard.




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George Kelly

So typical,THE GOOD OLD DAYS ARE OVER..More nannies,hipsters,LIBs GENTRIFYING THEIR SUNNYSIDE GARDENS AREA THEY SUPPOSSEDLY DISCOVERED..Lets get rid of all the CRAPPY Stores and make this one great utopian village..ONLY AS LONG AS YOU ARE A DEM..All of the so called diversification of junk stores,bodegas,cheap Chinese food will all be gone..WE ARE TOLD FOR THE BETTERMENT..MY ASS..YEAH LETS PUT A TARGET THERE,WHAT THE HELL..SO LONG BED BUGS.THE NEIGHBORHOOD IS BECOMING WAY TO WHITE.THESE SOPHISTICATED PEOPLE DON’T SHOP IN CHEAP JOHNS,THEY ORDER OVER THE WEB..I M GOING FOR SUSHI,LET’S REALLY KILL THE OCEANS..TOO PRISTINE,TOO STERILE,TOO BORING THESE DAYS ARE BECOMING..SO LONG LIQUIDATORS, HELLO STARBUCKS




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A.Bundy

National Liquidators was anything but that. They sold at the same or at higher prices than Stop & Shop and Home Depot across the street. What’s the point of calling yourself a liquidator when you cant offer liquidation prices?




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Patricia Dorfman

“ROAD DIET” from 2014..a grand plan to slowly rid cities of privately owned cars and use, bring down carbon emissions, encourage walking and cycling, sounds like a solid idea but in practice in woodside and sunnyside is killing our neighborhood…
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PASS SBJSA: to really bring down carbon emissions, stop overdeveloping nyc, displacing small businesses, jobs, people in favor of skyscrapers, ground floor retail space only affordable by chains. pass sbjsa so small businesses can survive at all…
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PITTING US AGAINST EACH OTHER: for the city administration to call what has happened here in woodside sunnyside “bicycle lanes,” when it is a seismic geographic and lifestyle change, first unleashing upon us a non-local national lobbying group against cars, transportation alternatives, was cruel…
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HYPOCRITICAL: for the city administration to make no sacrifice of its own, with the largest fleet in history, over 30,000 vehicles, with lavish use of permits, is hypocritical…
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REBNY RUNNING CITY: for the city to allow rebny the out-of-control land grab of nyc with 421-a, MIH, wide swatch rezoning such as forced upon inwood, and trying to grab sunnyside yards next, is cynical, undemocratic, and is destroying the city, block by block – and is a major addition to pollution…
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INFRASTRUCTURE ABSENT: to continue to “grow” population, with the attendant uptick of vehicles, in the absence of adequate mass transit, a basic civil need of a city, is incompetent…
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CITY GOING TO KILL US: with our first responders already blocked and delayed, with the FDNY warning the CM of the problems currently going on, in june of 2017, that is, inability to turn fire vehicles, inability to reach higher floors and delayed response time risking lives, is dangerous for all and a dereliction of duty to the people. the fdny video of a fire truck unable to get even get out of the local firehouse due to backed up traffic is chilling and horrifying…
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REMOVE ROAD RE-DESIGN NOW: Restore 43rd and Skillman




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Sergio

Here we are in 2018 with George and Pat teaching us all that aging needn’t occur gracefully!

A lot of old people’s families struggle with when to force them to stop driving. I’d argue these families should be taking away the computers ASAP!!!




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Fred Miller

What do you expect in a once-great city that has been metamorphosed into a cultural wasteland that has been Gentrified, Disneyfied, and Nazified?




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E maldonado

Its ashame that soon there will be no place for poor people to shop. But if the people wish to stop this all they need to do is shop directly from china online and cut out the middleman.




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Pinky

Where are all the low income people supposed to shop for cheap items. This is getting overwhelming that the online conglomerates are taking over everything. I guess no one cares about the little guys anymore. HEARTBREAKING 🤬




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A.Bundy

money talks, hunny. the poor are being pushed out, and in return improving the area. nobody is stopping you from educating yourself, and getting a better paying job so you can live in a better area in a nicer home. just because you want to stay stagnant and poor is your choice, and nobody else’s fault. opportunity is always there. no excuses!




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