News

Interactive Advertising Bureau Names Top 250 Brands to Watch

NEW YORK — The trade group Interactive Advertising Bureau (IAB) has unveiled its third annual list of the most disruptive, influential Direct-to-Consumer (DTC) brands. More than 3,500 brands were analyzed before IAB narrowed the list to the most important 250 direct-to-consumer products. This year, for the first time ever, 100 service companies were added. “These […]

Hotels

Renaissance Opens New Hotel in Chelsea

NEW YORK — Renaissance, a Marriott brand, has opened its third hotel in Manhattan this week with the Renaissance New York Chelsea Hotel located at 112 W. 25th Street. With 39 floors and 430 feet high, the hotel is one of the tallest buildings in the Chelsea neighborhood and also features one of the highest […]

News

KIND Launches New Lineup of Snacks

NEW YORK (February 10, 2020) – KIND Healthy Snacks has launched a new lineup of snacks including frozen bars and chocolate bark. All promise healthy ingredients which is what KIND snacks are known for. KIND says its recipes use nutrient-dense, premium ingredients like nuts, seeds, whole grains and fruit, which are recommended for a healthy diet. […]

Retail

Macy’s Moving Headquarters to NYC

NEW YORK — Macy’s, the nation’s largest department store chain, announced plans to make NYC the sole headquarters for the company as it looks to restructure and streamline its business. Macy’s will cut 2,000 corporate jobs and plans to close 125 stores in the next three years. Cincinnati and NY have been dual-head offices for […]

Funding

Fashion Site Moda Operandi Raises $100 Million

NEW YORK — Moda Operandi, a high-end fashion site featuring products from over 1,000 brands, has raised $100 million in new equity and debt financing, led by existing investors New Enterprise Associates, Inc. (NEA) and the Apax Digital Fund, with additional participation from the Santo Domingo family, Comerica Bank and TriplePoint Capital, among others. Moda Operandi has now raised $345 […]

Retail

Foot Locker Launches FLX Membership Program

NEW YORK — Foot Locker, Inc. has unveiled a new membership program in North America called FLX that includes all the company’s brands on one easy-to-use platform. Members of FLX are rewarded for shopping at the six Foot Locker, Inc. brands in the U.S., including Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction […]

Restaurant

Krispy Kreme to Open Times Square Flagship in May

The Krispy Kreme doughnut chain announced a major expansion in New York City this year with six new locations including a 24-hour flagship store at 48th Street and Broadway in Times Square that opens in May (rendering above). Krispy Kreme just re-opened its refurbished Penn Station shop last Thursday. By the end of this year, […]

Funding

Bond Delivers $15 Million Investment

Bond, a New York-based delivery company using electric tricycles, has raised a $15 million round of funding from Lightspeed Venture Partners, MizMaa Ventures, and TLV Partners. Formerly known as Shookit, Bond operates six nano-distribution centers in Manhattan and Brooklyn that (NDCs) help 30 direct-to-consumer brands and e-commerce ventures quickly deliver their products and more easily […]

tv

Adam Driver Hosting Saturday Night Live

NEW YORK – NBC’s Saturday Night Live is returning to the air in 2020 with three live shows. Actor Adam Driver will return to Studio 8H at Rockefeller Center to host SNL for the third time on Saturday, Jan. 25. Driver is currently nominated for an Academy Award for his performance in “Marriage Story.”’ Driver […]

Offices Real Estate

Concord Music Signs Lease at 250 W. 57th St.

NEW YORK– Empire State Realty Trust, Inc. (ESRT) announced that Concord Music Group, Inc. — a leader in the development, management, and acquisition of sound recordings, music publishing, and theatrical performance rights — has signed a long-term lease for 46,329 square feet of office space at its building on 250 West 57th Street in midtown […]