True Religion Apparel's first-ever global flagship is also the brand’s largest and most digitally savvy space to date, starting with storefront windows that display a continuous stream of video content — and also showcase style statements from shoppers themselves. The 3,000-sq.-ft. store is located in downtown Manhattan.
The Brooklyn Navy Yard Development Corp. on Tuesday announced redevelopment plans for Admirals Row that will bring a long-anticipated supermarket, new manufacturing space and a brand new community facility to the site.
Bauer Hockey: Ice hockey equipment manufacturer Bauer Hockey is throwing its puck in the retail arena. The company will open its first-ever store this summer, in Burlington, Massachusetts, followed by a second location in the fall, in the Minneapolis area.
The upcoming arrival of Dublin’s fast-fashion retailer Primark to U.S. shores is just one example of retailers expanding from less expected locations (i.e., not Paris, Milan or London). Shoe brand FEIT has just opened its first boutique outside Australia in New York City’s Nolita — perhaps even more unusual in that Australian retailers tend to debut in Los Angeles because of its proximity.
BFC Partners has broken ground on Empire Outlets, a 340,000-sq.-ft. retail complex that will create more than 1,800 jobs and bring $285 million in private investment to the New York City borough of Staten Island.
Staten Island Mall announced that the 1.2-million-sq.-ft. property will undergo a much anticipated multi-million dollar redevelopment that will add interior and exterior upgrades, new fashion retailers, restaurants, a Fairway Market and public piazza for guests to gather and enjoy events year-round, including a farmers market, holiday festivities, fashion shows and community fundraisers.
We are in the midst of a retail boom in Brooklyn and it is only going to get bigger. Over the past two years, retail has grown significantly in Brooklyn, the fourth largest “city” in the U.S., with the number of corridors (streets with a notable retail presence and average rents of at least $35 per square foot) nearly doubling since 2013. According to CPEX’s 2015 Brooklyn Retail Report, the number of active retail corridors grew from 67 in 2013 to 121 in 2015, an increase of over 80%.
The store is back, baby! That was the message I heard again and again at the National Retail Federation’s 2015 Annual Convention in New York City. It was sounded by retailers, consultants and tech suppliers alike as they rushed to explain the relevance of offline retail in an omnichannel world.
A&G Realty Partners, a leading commercial real estate, advisory and investment group, has been retained by C. Wonder to manage the sale of the three retail store leases and several office locations in New York City and Long Island, following the company’s recent Chapter 11 bankruptcy filing.
Tom Rettaliata and Brian Schuster of Ripco Real Estate represented Darden Concepts and Ignite Restaurants in the lease of the site located between Queens Center Mall and the Long Island Expressway (I-495) in Elmhurst, Queens, New York.
In response to changes in “where the customer is headed,” Macy’s chief announced on Thursday a sweeping reorganization plan that will close 14 under-performing stores, lay off thousands of workers and, most far-reaching, ready the retailer to respond to an omnichannel shopping environment.
On the heels of its eight straight quarterly loss, Aeropostale said it would close about 75 stores in the current quarter, and could close 50 to 75 more namesake locations in 2015, and 126 P.S. from Aeropostale stores by the end of January.