RED BANK: SPICING UP THE CHURN, WITH SUBS

12 monmouth 111213The Spice & Tea Exchange plans to open a store at 12 Monmouth Street. (Click to enlarge)

By JOHN T. WARD

Rcsm2_010508Some random updates from the ever-changing mix of stores and restaurants in downtown Red Bank that we call the redbankgreen Retail Churn

• From Ice to spice: the Spice & Tea Exchange, a chain of independently owned and operated merchants of gourmet spices, herbs, salts, teas and more, has filed papers with the borough to open at 12 Monmouth Street. The space was last, and briefly, occupied by Ice Jewelry, and before that, Soapmarket.

Landlord Bill Meyer tells Retail Churn that the business is jamming for a pre-Christmas opening. Ambitious.

Jersey Mike’s subs, an ever-expanding franchise operation with New Jersey roots, plans to open a store in the City Centre strip mall at Maple Avenue and Water Street.

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SOAPMARKET SLIPPING INTO THE ETHER

Soapmarket owner Ellen D’Amore is closing her store to focus on its online component. (Click to enlarge)

By JOHN T. WARD

The ever-churning face of Monmouth Street in Red Bank losing another stalwart.

Soapmarket, which survived a head-on challenge from chain retailer Bath Junkie when it opened down the street and closed not long afterward, will itself close next month.

But owner Ellen D’Amore says this is not a surrender story. It’s also “not a rent issue,” she says. Rather, her business has found its footing online, and it’s time to make a shift to a web-only operation.

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