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==Economy== Montvale is home to the corporate headquarters of numerous major companies including [[Sharp Corporation]] (U.S. headquarters)<ref>[https://business.sharpusa.com/Company-Profile Profile] {{Webarchive|url=https://web.archive.org/web/20230315004221/https://business.sharpusa.com/Company-Profile |date=March 15, 2023 }}, [[Sharp Corporation]]. Accessed March 14, 2023.</ref> and [[Benjamin Moore & Co.|Benjamin Moore]].<ref>[http://www.benjaminmoore.com/en-us/for-your-home/contact-us Contact Us] {{Webarchive|url=https://web.archive.org/web/20111227124715/http://www.benjaminmoore.com/en-us/for-your-home/contact-us |date=December 27, 2011 }}, [[Benjamin Moore & Co.]] Accessed December 20, 2011.</ref> In January 2015, Mercedes-Benz USA announced that they would be moving their headquarters from New Jersey to the [[Atlanta]] area later that year. The company had been based in North Jersey since 1972 and had 1,000 employees on a {{convert|37|acres|adj=on}} campus in Montvale. Despite incentive offers from the State of New Jersey to remain in Bergen County, Mercedes-Benz cited proximity to manufacturing facilities and a growing customer base in the southeast in addition to as much as $50 million in tax incentives from [[Georgia (U.S. state)|Georgia]] governmental agencies.<ref>Lynn, Kathleen. [http://www.northjersey.com/news/business/mercedes-usa-leaving-montvale-for-atlanta-1.1186781?page=all "Mercedes-Benz is latest to leave NJ, moving from Montvale to Atlanta"] {{Webarchive|url=https://web.archive.org/web/20150110050845/http://www.northjersey.com/news/business/mercedes-usa-leaving-montvale-for-atlanta-1.1186781?page=all |date=January 10, 2015 }}, ''[[The Record (North Jersey)|The Record]]'', January 6, 2015. Accessed January 7, 2015.</ref> The borough was the world headquarters for [[The Great Atlantic & Pacific Tea Company]] (parent company of supermarket chains including A&P Markets, [[Pathmark]] and [[Waldbaum's]]) from the 1970s until its bankruptcy in 2015.<ref>[[James Barron (journalist)|Barron, James]]. [https://www.nytimes.com/2015/08/02/nyregion/a-p-bankruptcy-means-new-york-chains-birthplace-will-lose-last-store.html "A.& P. Bankruptcy Means New York, Chain's Birthplace, Will Lose Last Store"] {{Webarchive|url=https://web.archive.org/web/20191101161054/https://www.nytimes.com/2015/08/02/nyregion/a-p-bankruptcy-means-new-york-chains-birthplace-will-lose-last-store.html |date=November 1, 2019 }}, ''[[The New York Times]]'', August 1, 2015. Accessed November 1, 2019. "Although its headquarters have been in Montvale, N.J., since the 1970s, A.&P. began in Lower Manhattan and had its headquarters in the Graybar Building, at 420 Lexington Avenue on the eastern flank of Grand Central Terminal, from the 1920s until it moved to Montvale."</ref> Montvale is home to the operational headquarters of [[Ingersoll Rand]], [[Pentax]] and [[KPMG]]<ref>[http://www.kpmg.com/us/en/about/locations/pages/montvale-nj.aspx Montvale, NJ] {{Webarchive|url=https://web.archive.org/web/20150907212741/http://www.kpmg.com/US/en/about/locations/Pages/montvale-nj.aspx |date=September 7, 2015 }}, [[KPMG]]. Accessed August 3, 2015.</ref> have a large local presence. The international marketing and commercial services headquarters of [[Western Union]] are located in Montvale.<ref>[http://business.westernunion.com/about/global/ Global Locations] {{Webarchive|url=https://web.archive.org/web/20131213030831/http://business.westernunion.com/about/global/ |date=December 13, 2013 }}, Western Union Business Solutions. Accessed August 3, 2015.</ref> The Shoppes at DePiero's Farm is a strip mall located on the former site of DePiero's Farm that opened on September 24, 2017. It is located just off exit 172 of the [[Garden State Parkway]], directly across from the former [[Mercedes-Benz]] headquarters office. Notable tenants include the first location of [[Wegmans]] in Bergen County.<ref>Verdon, Joan. [https://www.northjersey.com/story/money/shopping/2017/09/18/why-wegmans-opening-montvale-hint-family-farm/666198001/ "The Wegmans: Why we are in Montvale"] {{Webarchive|url=https://web.archive.org/web/20191101161055/https://www.northjersey.com/story/money/shopping/2017/09/18/why-wegmans-opening-montvale-hint-family-farm/666198001/ |date=November 1, 2019 }}, ''[[The Record (North Jersey)|The Record]]'', September 18, 2017. "Wegmans, the supermarket chain consistently ranked the best in the country by ''Consumer Reports'', is opening a store in Montvale this week β in part because chairman Danny Wegman fell in love with the family farm on the site.... Wegman said he felt an immediate emotional connection to the farm and country store, which the DePiero family had operated in Montvale since 1924, and to the DePieros who were still running the farm.... Bergen County's first Wegmans is slated to open in Montvale this September."</ref> Due to state [[Blue laws in the United States|blue laws]] in effect in Bergen County, most retail stores in the strip mall are closed on Sundays except for grocery stores and restaurants.
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