Daily business news in New York
Hudson’s Bay Company, the Canadian retailer that owns department store chain Lord +Taylor, is selling the struggling brand for $100 million to Le Tote, an online subscription clothing rental service based in San Francisco. Lord + Taylor closed its Fifth Avenue flagship store in Manhattan at the beginning of the year and sold the building […]
The legendary music group The Rolling Stones has opened a popup store at luxury retailer Bergdorf Goodman’s 5th Avenue flagship in Manhattan now through August 13. The store is celebrating the Rolling Stone’s NO FILTER TOUR, which comes to NYC in early August. Bergdorf Goodman will be the exclusive destination for these limited-edition items in […]
NEW YORK – Empire State Realty Trust, owner of the Empire State Building, announced that AT&T will relocate to a new location within the world-famous skyscraper on 34th Street. AT&T has extended its lease term for ten years. “We are enhancing the Empire State Building’s 34th Street retail experience,” said Thomas Durels, Executive Vice President, Real […]
A fancy new gourmet food kitchen in NY has just opened — and it’s only for dogs! Petco has opened its first-ever in-store pet food kitchen at the chain’s flagship store in New York’s Union Square. The kitchen is in partnership with JustFoodForDogs. The kitchen – which will prepare fresh, human-grade pet food daily – […]
Hudson Yards, a $25 billion development built above rail yards on the West Side of Manhattan, officially opened to the public Friday, marking a historic moment in the City of New York. (Photo Above: The first Neiman Marcus department store in NYC opens at the new Hudson Yards.) New Yorkers and visitors are now able […]
NEW YORK – Hudson Yards plans to unveil a lineup of boutique shops, dubbed the Floor of Discovery, on the second floor of The Shops & Restaurants at Hudson Yards in March. The Floor of Discovery will house a unique collection of first locations from online brands and experiential shopping offerings from modern brands. These store […]
Swedish retail giant IKEA plans to open its first store Planning Studio in Manhattan next Spring on Third Avenue. This will be IKEA’s first city center store in the U.S., marking the company’s transformation and commitment to bringing IKEA into the heart of urban areas. Unlike IKEA stores in the suburbs, this Manhattan location won’t […]
NEW YORK — Discount retailer Five Below, where every item is $5 or less, has opened its first Manhattan store on Fifth Avenue. The chain has nearly 750 stores in 30 states and its merchandise is geared mostly to tweens (10-12) and teenagers. Selling everything from smartphone accessories and Bluetooth speakers to fashion and beauty […]
NEW YORK – RIPCO Real Estate and Related Companies announced that Food Bazaar Supermarket signed an 80,000 square-foot lease at Bronx Terminal Market. Developed by Related Companies in 2009, Bronx Terminal Market is home to a variety of restaurant and retail tenants, and Food Bazaar – which will be the largest supermarket in the borough […]
Photo: adidas Statement Collection NYC event (L-R) Ally Love, Katie Becker, Karlie Kloss, Pascha Naderi-Nejad, Hannah Fallis Bronfman NEW YORK — At an event in NYC today, adidas introduced a new capsule fitness collection designed to support women from sunrise yoga to happy hour and all the moments in between. Inspired by adidas’ global network […]