Content about New York

May 18, 2012
Report: Sainsbury in talks to license brand match technology

J. Sainsbury Plc is in talks with retailers in the United States and South America to license the technology behind Sainsbury’s Brand Match, a price promise that has fueled sales outperformance, according to a report by Bloomberg.

May 16, 2012
CountryMax opens at Geneseo Towne Plaza

Purchase, N.Y.-based National Realty & Development Corp. said that CountryMax, a family-owned and operated retailer of pet, farm and lawn & garden supplies, has opened at Geneseo Towne Plaza, in Geneseo, N.Y.

May 16, 2012
Nash Finch to acquire No Frills Supermarkets

Nash Finch has agreed to acquire the 18-store No Frills Supermarkets, which is based in Omaha, Neb.

May 14, 2012
ATCO acquires California Whole Foods outpost

Manhattan-based ATCO Properties & Management said it has acquired a Whole Foods retail location in Mill Valley, Calif., for $17.3 million.

May 14, 2012
Smashburger to open location in Mamaroneck, N.Y.

Charter Realty & Development said that it has arranged a 2,400-sq.-ft. lease for Smashburger in Mamaroneck, N.Y., within walking distance of the Metro-North train station.

May 14, 2012
The Tile Shop to open New York store

Dallas-based SRS Real Estate Partners said it has negotiated a 21,191-sq.-ft. lease for The Tile Shop in Scarsdale, N.Y., in affluent Westchester County.

May 14, 2012
YoGo Factory opens at CooperTowne Center, 22 locations on tap

Purchase, N.Y.-based National Realty & Development Corp. said that YoGo Factory opened at CooperTowne Center in April.

May 8, 2012
Avenue shuttering up to 120 stores

As plus-size apparel retailer Avenue Stores emerges from bankruptcy under new ownership, it will do so with a much streamlined store presence.

May 8, 2012
Survey: Wealthy shoppers rank Nordstrom as top luxury retailer

Shoppers in the United States earning at least $150,000 annually rank Nordstrom highest among luxury retailers, according to a survey by the Luxury Institute.

May 7, 2012
Barneys gets new owner in debt-for-equity swap

Barneys New York said that it has reached an agreement with its largest lender, Perry Capital, and other lenders to significantly reduce the retailer’s debt and improve its capital structure.

May 7, 2012
Cabela’s to open store on property owned by Green Bay Packers

Cabela’s plans to open a store in Ashwaubenon, Wis., on property owned by the Green Bay Packers.

May 7, 2012
Frederick’s of Hollywood exploring possible sale

Frederick's of Hollywood Group Inc. has retained Allen & Co. LLC, a New York-based investment bank, to assist the retailer in evaluating and exploring a broad range of strategic alternatives, including a sale of the company or a business combination.

May 7, 2012
Industry Trends: C-store traffic up in first quarter

The mild winter weather across much of the country helped to offset the negative impact that rising gas prices traditionally have on convenience store visits, according to The NPD Group.

May 4, 2012
Microsoft set to open in New Jersey; Boston in the works

Microsoft Corp. will open a store in Bridgewater Commons, Bridgewater, N.J., on May 16. The store will be located on the mall’s second level, close to the existing Apple store.

May 3, 2012
Specialty apparel mostly stays strong in April

Several apparel retailers, including Limited Brands, Zumiez and Ross Stores, posted better-than-expected sales in April.

May 2, 2012
Ascena Retail to acquire Charming Shoppes for $890 million

The Ascena Retail Group said it will acquire Charming Shoppes Inc., parent company of Lane Bryant, for about $890 million.

May 1, 2012
Collective Brands to be acquired for $1.3 billion, broken up

Shoe manufacturer Wolverine Worldwide Inc. announced that it has partnered with equity firms Blum Capital Partners and Golden Gate Capital to acquire Payless ShoeSource parent Collective Brands Inc. for about $1.3 billion.

April 30, 2012
Microsoft making $300 million investment in Barnes & Noble’s Nook

Microsoft Corp. and Barnes & Noble have entered into an agreement by which Microsoft will invest $300 million in Barnes & Noble’s digital-book (Nook) business and college texts unit.

April 30, 2012
Online gifting service Wrapp makes U.S. debut; launch partners include H&M, Gap and Sephora

Wrapp, a new online gift service from Sweden, has launched in the United States, partnering with such retailers as Gap, H&M and Sephora to let consumers send free virtual gift cards to friends on Facebook.

April 30, 2012
Report: Millennial shoppers hard hit by economic downturn

Millennial shoppers (consumers ages 18-34) now represent the highest percentage of Americans who do not have enough money to cover their basic needs according to WSL/Strategic Retail, a leading authority on shopper behavior and retail trends.

April 26, 2012
NRDC announces new tenants for Northampton Crossings

Purchase, N.Y.-based National Realty & Development has announced the opening of Panera Bread at Northampton Crossings, located in Easton, Pa. Panera occupies a 3,860-sq.-ft. drive-thru space.

April 25, 2012
Last Chance to Register for Chicago 'Legacy Modernization to the Cloud' roundtable luncheon

Whether your company is already in the cloud or still on the fence about making the move, retailers can gain additional insight at “Legacy Modernization to the Cloud,” a FREE roundtable luncheon moderated by Chain Store Age.

April 24, 2012
Adidas Goes to the Wall

It’s an intriguing scenario: This summer, a weekend soccer player will enter Adidas’ store in downtown Manhattan to buy a pair of top-of-the-line F50s.

April 23, 2012
U.S. lawmakers launch investigation into Wal-Mart bribery scandal

Two U.S. lawmakers are launching an investigation into allegations of bribery at Wal-Mart Stores’ Mexican affiliate.

April 20, 2012
Ann Inc. launches program to donate fixtures and marketing items to charities

Ann Inc., the parent company of Ann Taylor and Loft, announced the launch of AnnCares360, a program in partnership with Good360, a nonprofit leader in product philanthropy.

© 2012