An affiliate of Manhattan-based real estate company JEMB Realty Corp. has agreed to purchase the leases and certain intellectual assets of Daffy’s Inc. for $43 million, Bloomberg reported.
New York City metro area retailer Daffy’s is going out of business.
Off-price retailer Daffy's on is opening a nineteenth location, in New York City’s Times Square.
New Rochelle, N.Y.-based Welco Realty Inc., an X Team partner, announced that Daffy’s opened its first store in Bronx, N.Y.
Off-price retailer Daffy’s is launching an expansion push, including opening a store in Manhattan’s Times Square in the former home of the New York Times, Crain’s New York Business reported.