Gelco Furniture in Toms River, NJ, Closing

While 2023 has started with a lot of business openings, there has been a fair share of closings as well.

The bigger stores have been getting a lot of attention in the news.

Joann's Fabrics announced in January that they would be closing numerous locations.

Barnes & Noble moved a store and closed another one.

How about Bed Bath & Beyond's continued closures?

Opening a business is extremely difficult.

How many businesses fail within the first year?

It's one in five, according to Lending Tree.

With that statistic, it's hard to imagine one business thriving for 91 years. Think about all of the economic ups and downs over that period of time, all of which are completely out of our control.

Get our free mobile app

On a more positive note, think about all of the people you get to see through the decades. We're talking about generations and generations of families.

One local business is a bit of a 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.

They had traditional and out-of-the-ordinary items. The staff has always been very friendly and helpful.

This news does have a silver lining. While Gelco is going out of business, many of the items that you've come to enjoy will still be available.

Seaside Furniture, which owns Gelco, is consolidating into Seaside Furniture's two locations in Toms River and Brick.