REAL ESTATE

Gap to open Athleta store in Manhattan

BY CSA STAFF

New York City — Gap has chosen Manhattan’s Upper West Side for its second freestanding Athleta store, Crain’s New York Business reported.

The report said has signed a lease to open a 3,500-sq.-ft. Athleta at 216 Columbus Ave. at W. 70th Street. The store will open in the fall, and Gap is already seeking more New York area locations, according to Crain’s.

Gap bought Petaluma-based Athleta, a catalog and website that sell women’s athletic clothes, for $150 million in 2008.

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REAL ESTATE

Oakley opens in Times Square

BY CSA STAFF

New York City — Oakley has opened a store in New York City’s Times Square. The shop features an Oakley Custom bar where customers can create their own renditions of Oakley eyewear and goggles. An on-site etching machine allows customers to personalize their designs with engraving.

“More than just a destination, Times Square is an experience, and we are thrilled to be part of it,” said Erik Searles, VP Oakley Retail. “As a launch point for product innovation and a home of the chic and sophisticated, Times Square is an ideal venue for the cutting-edge technology and leading-edge style of Oakley.”

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FINANCE

iParty loss widens in Q1

BY CSA STAFF

Dedham, Mass. — Party goods retailer iParty Corp. reported Wednesday a loss of $1.51 million in the quarter ended March 26, compared with a loss of $1.49 million in the year-ago period.

Revenues for the quarter edged up 1.7% to $15.1 million. Same-store sales dipped 1.1%.

iParty Corp. operates 53 iParty retail stores in New England and Florida.

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