Laura Pomerantz Real Estate makes Manhattan debut
New York — Real estate industry veteran Laura Pomerantz said Monday she has launched a new firm, Laura Pomerantz Real Estate, focused on retail and office real estate transactions.
“As the retail landscape continues to evolve and companies re-evaluate their real estate portfolios, we look forward to working closely with our clients to develop both domestic and global real estate strategies that best facilitate growth and defines their brands,” said Pomerantz, founder and president, New York City-based Laura Pomerantz Real Estate.
Current clients include Abercrombie & Fitch, Levi’s, Joe Fresh, Ippolita, Ted Baker London, Gant, Vince Camuto, Hotel Chocolat, Jack Rogers and Scoop.
Abercrombie & Fitch reveals international expansion plans
New York — In its annual report filed Tuesday, Abercrombie & Fitch revealed that it plans to open Abercrombie & Fitch flagship stores in Seoul and Shanghai in 2013, as well as 20 international Hollister stores. The news sent the teen retailer’s shares rising on Wednesday.
The company also said in the report that it is maintaining its focus on boosting profitability by simplifying processes, eliminating less-profitable parts of its business, shoring up efficiencies and cutting expenses.
The Hollister openings will include debuts in Australia, in Dubai (through a joint venture) and Japan. The company said it is considering opening international mall-based Abercrombie & Fitch stores within the next 12 months.
Polaroid launches retail concept; 10 stores planned by yearend
New York — Polaroid has thrown its hat in the retail ring, opening its first-ever retail store, in Delray Beach, Fla. Nine additional locations in select U.S. cities are scheduled to open by the end of the year. For photos click here.
Called Polaroid Fotobar, the sleek-looking 2,000-sq.-ft. store lets customers upload digital images from apps on their smartphone and tablet devices to bar-top-styled workstations, where they can be enhanced and then printed out on a wide variety of materials and framed. For more information, click here.