Daily business news in the Great State of New York!
UNION, NJ — Going out of business sales have begun at all 360 Bed Bath & Beyond and 120 buybuy BABY store locations nationwide. The liquidation event is being managed by Hilco Merchant Resources, Gordon Brothers, Tiger Capital Group, and B. Riley Retail Solutions in connection with the commencement of Chapter 11 bankruptcy petitions and […]
David’s Bridal, the nation’s leading retail chain for bridal dresses, filed for Chapter 11 bankruptcy for the second time on Monday. The company is laying off 475 workers in NY State at 14 stores according to WARN notices filed with the NY Department of Labor. The layoffs for store employees are expected to take effect […]
Claire’s Holdings LLC, which operates 2,300 stores in 17 countries featuring jewelry and accessories, has a formed partnership with Macy’s as the latest omnichannel retail partner within its growing consumer products business. Starting this month, the global fashion brand has opened store within store locations in more than 20 Macy’s locations nationwide, including eight flagships. […]
Wilson Sporting Goods has opened its second retail store in New York; a neighborhood store on the Upper East Side of Manhattan. Following in the steps of its SoHo flagship, the uptown location is focused on the brand’s continued commitment to sport, highlighting an expansive product offering across sport categories. With more than 8,000 square feet […]
NEW YORK — Century 21 is making a New York City comeback, relaunching its department store in Spring 2023 at its flagship location downtown across from the World Trade Center. The company originally filed bankruptcy in 2020 and closed all 13 of its stores. The iconic retailer and purveyor of off-price luxury fashion has teamed […]
NEW YORK — Magnetic tile store Genius Gems (GG) plans to open ts first flagship in NYC in late Fall 2022. Located at 555 Sixth Avenue in the Chelsea neighborhood of Manhattan near Union Square, GG Chelsea will span nearly 10,000 square feet over 2 floors, featuring over 100,000 magnetic tiles and accessories — the […]
NEW YORK — The Workshop at Macy’s, the retail industry’s longest running retail development program for underrepresented brands, provides up-and-coming businesses with the tools, knowledge and access to resources to drive their enterprises to the next level, achieve business objectives and sustain growth. Designed by a consortium of experts from Macy’s and Babson College, a […]
Altice USA’s Optimum brand is opening 13 new Optimum retail stores across the New York Tri-State area, with new stores already opened or coming soon in the Bronx, Brooklyn, Connecticut, and Long Island. These new state-of-the-art retail stores offer an interactive in-store experience where customers can explore the complete line of Optimum connectivity offerings, including […]
NEW YORK — Luxury watch maker Breitling has signed a long-term, 3,807-square-foot retail lease at 875 Washington St. in New York City’s Meatpacking District. The new Breitling Boutiques outpost, on the corner unit at 14th Street and Washington Street, includes 1,738 square feet of ground floor space and 2,069 square feet of lower-level space. The store is at […]
NEW YORK — Avocado Green Mattress, a retailer of organic sleep, furniture, and lifestyle products, has recently opened the doors to its newest Experience Center in Manhattan. The space features a store and cafe and is located at 135 5th Avenue in Manhattan. The store showcases Avocado’s award-winning natural, eco-luxury mattresses and furniture, as well […]
NEW YORK — Sustainable shoe and apparel company Allbirds has opened a new retail store and community center in New York City’s Flatiron District. It is the brand’s third store in New York and 41st globally, with locations across North America, Asia, and Europe. Based in San Francisco, Allbirds is a certified B Corp and […]
NEW YORK — Empire State Realty Trust, Inc. said it has signed three new retail leases with AT&T Mobility, Subway, and Le Café Coffee at two of its New York City properties. 10 Union Square East AT&T Mobility signed its third lease with ESRT for a 3,077 square foot retail space in January 2022. Steve E. […]
NEW YORK — Wilson Sporting Goods, manufacturer of high-performance sports equipment, officially opened its first flagship store in New York City. Located in the heart of SoHo, the Wilson NYC Flagship opened with a celebration featuring local NYC athletes and advisors including pro basketball trainer Chris Brickley, WNBA guard Betnijah Laney, NFL quarterback Mike White, MLB infielder Andrew Velazquez and […]
Macy’s, the nation’s largest department store chain, announced the closing of six new Macy’s department stores and one Bloomingdale’s Outlet Store. At the end of the third quarter 2021, Macy’s said it had 794 stores, including Macy’s, Bloomingdale’s and Bluemercury. Below is the list of stores that the company will close this year. Macy’s Store […]
NEW YORK — Rebag, a website for buying, selling and trading luxury items, has landed a $33 million Series E funding round, led by private equity firm Novator, with participation from existing investors including General Catalyst. This brings the company’s total funding raised to $101 million. Rebag also operates retail stores in NYC, Miami, Greenwich […]