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National Wholesale Liquidators' LI return

Owners and operators of National Wholesale Liquidators, from

Owners and operators of National Wholesale Liquidators, from left, Scott and his father, Carl Rosen, will open their first store in Long Island since bankruptcy in 2008. Photo Credit: Newsday, 2001 / Jim Peppler

Discount retailer National Wholesale Liquidators will reopen a store in West Hempstead next month, marking the brand's first Long Island location since the original company liquidated in bankruptcy in 2008.

Family-run National Wholesale Liquidators expects to hire about 125 full- and part-time workers at the three-story building where the company's previous flagship store was housed, the company said Tuesday.

"We are opening up and giving a lot of people jobs," said vice president Carl Rosen, whose family owns the company.

The concept -- selling general merchandise, including jewelry, at steeply discounted prices -- will remain the same, Rosen said.

The 200,000-square-foot store will include an expanded furniture department and children's department, and sell everything from cellphones to produce.

Although many discounters thrived during the recession, the original company -- which also was run by the Rosen family -- found itself caught in the credit crunch following the collapse of the financial sector in 2008, according to court papers filed then, and lenders sharply reduced its credit lines.

The Rosen family was able to purchase five stores as well as trademarks and trade names for $15 million when the company's assets were auctioned, Rosen said.

The family, which kept its West Hempstead offices, added six locations since then, including the new store, which is set to open Nov. 22.

The additional locations are primarily in New York City and Westchester.

Rosen noted, "We very much would like to come back to Long Island."

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