SPECIAL ANNOUNCEMENT
A MESSAGE FROM THE SICKLES FAMILY
For over 115 years Sickles Market was the Jersey Shore’s destination for “The Good
Stuff”, and we are so pleased to announce that “The Good Stuff” is planned for a
comeback.
Sickles is on a path not only to reopen, but also to being the best Sickles Market it can
be. That means fulfilling existing obligations and responsibilities. Our doors will open
when the timing is right – right in all ways.
As many of you know, our Specialty Food & Garden Center took an unprecedented and
necessary pause in March 2024 shutting down to reorganize. We take accountability for
the impact this decision made in our very special community. Here at Sickles, we have
been very quiet because we have been quietly working. Over the last eight months, we
buckled down to make impactful changes.
We are completely aware that there have been reports in the local media. Some words
you have read are accurate, and some are not. We know that not all of our past decisions
were ideal while we faced extreme challenges that not even a family business as old as
ours could survive. Thus, we took a purposeful and actionable pause to look inward.
Eight months later, this is where we stand:
We plan on re-opening Sickles Market with the assistance and leadership of “1663”, a
group of incredibly mindful local investors. Together, we have been working diligently on
their plan to purchase the Little Silver Property and our primary collective mission to
bring back the Sickles you know and love by Summer 2025.
Before we reached our toughest years from 2020 to 2024, we had always operated our
business with great integrity and hospitality, with the intention of staying open through
any challenge that may come at us. We made it through fires, economic recessions,
Hurricane Sandy, and we thought we had made it through the pandemic. Unfortunately,
during those tough years, we over-expanded, overextended, and while the world rapidly
changed around us, we couldn’t catch up. We did not react in enough time to course
correct.
We have spoken to many customers and have heard your concerns. We have also read
your heartwarming messages and letters that have come in steady and strong these past
few months. We know that we were your happy place for many years, and we look
forward to once again holding that title from all of you in the future.
We want to fill your tables and gardens with all of the deliciousness and beauty we have
always offered. There will also be new and exciting offerings that we couldn’t be more
excited to share with you! Stay tuned.
Sincerely,
The Sickles Family
A MESSAGE FROM 1663 Partners LLC
1663 Partners LLC Restructuring Announcement for Sickles Market
1663 Partners LLC Restructuring Announcement for Sickles Market
In March 2024, Sickles Market, a cornerstone of the Jersey Shore community since 1908,
closed its doors following a bankruptcy filing. Recognizing the market’s historic
significance, 1663 Partners LLC quickly initiated discussions with the Sickles family to
explore options for reorganization and reopening.
On November 22, 2024, the Sickles family and 1663 Partners filed a co-sponsored
Disclosure Statement and Chapter 11 Plan of Reorganization with the U.S. Bankruptcy
Court. The plan prioritizes the full payment of employee wage liabilities, including two
weeks of severance for former employees, and ensures that all outstanding gift cards can
be honored over time once the market reopens.
Efforts are now focused on concluding the bankruptcy process and preparing the market
for a targeted reopening by summer 2025. This will include a comprehensive business plan
aimed at revitalizing the market’s legacy while maintaining its reputation for quality
produce, plants, gourmet goods, and more.
The Sickles family and 1663 Partners deeply value the trust and dedication of the market’s
loyal customers, exceptional vendors, and supportive community. These partnerships are
integral to the market’s success, and we look forward to continuing them in this new
chapter.
Updates on the restructuring and reopening will be shared on sicklesmarket.com and through social media.We are honored to work together to preserve this iconic institution and reunite the community with the products and experiences they cherish.
Send All Inquiries to this email address: info@1663partners.com
Our FAQ page is coming soon.
