Content about New York

April 15, 2014

Modell’s Sporting Goods announced it has hired Deborah Fine to fill a newly created role on its executive leadership team, chief commercial officer.

New York -- Modell’s Sporting Goods announced it has hired Deborah Fine to fill a newly created role on its executive leadership team, chief commercial officer. Among other duties, Fine will head up the retailer’s digital strategy, transforming Modell’s into an Omnichannel retailer.

April 15, 2014

Tesco Plc plans to bring its value-priced F&F clothing format to the United States, opening seven stores on the East Coast this year with its U.S. franchise partner, Retail Group of America.

New York -- Tesco Plc plans to bring its value-priced F&F clothing format to the United States, opening seven stores on the East Coast this year with its U.S. franchise partner, Retail Group of America. The move comes some six months after Tesco sold off its struggling American supermarket operation, Fresh & Easy, to Ron Burkle's Yucaipa investment company.

April 15, 2014

Target’s massive data breach continues to reverberate in the headlines, but in reality it’s just one of countless attacks that affect the retail industry on a daily basis.

By Jason Glassberg, co-founder of Casaba

Target’s massive data breach continues to reverberate in the headlines, but in reality it’s just one of countless attacks that affect the retail industry on a daily basis. Whether it’s highly sophisticated malware developed out of Russia, local hit-and-run point-of-sale thieves or insider threats, retailers must adapt to this increasingly risky environment.

April 15, 2014

Chain Store Age and IFTI will present a free webinar on moisture-related flooring problems on Thursday, April 24, at 2 p.m. ET.

New York -- Chain Store Age and IFTI will present a free webinar on moisture-related flooring problems on Thursday, April 24, at 2 p.m. ET. Industry expert Lee Eliseian will share insights on the critical role concrete-slab moisture testing plays in preventing flooring failures and offer tips on how to avoid the financial impact and headache of such failures.

Click here for more information and to register.

 

April 14, 2014

A new retail concept, coop & spree, will open its first location this August, in the trendy Nolita section of Manhattan. Targeted at stylish young women, the store will combine apparel and accessory designers from around the world with interactive technologies.

New York -- A new retail concept, coop & spree, will open its first location this August, in the trendy Nolita section of Manhattan. Targeted at stylish young women, the store will combine apparel and accessory designers from around the world with interactive technologies. Digital tablets will be located throughout the space to help customers build and accessorize outfits, while the in-store photo booth will allow shoppers to share style inspiration with friends.

April 11, 2014

The owners of New York City’s famed J&R Music and Computer World, an independent music and electronics store in Lower Manhattan since 1971, have closed the store to redevelop its site.

New York – The owners of New York City’s famed J&R Music and Computer World, an independent music and electronics store in Lower Manhattan since 1971, have closed the store to redevelop its site.

“J&R will close its doors so we can rebuild this location into what we hope will be an unprecedented retail concept and social mecca,” owners Joe and Rachelle Friedman said in a statement on the company’s website. “The buildings that J&R occupies have to be totally reimagined and developed.”

April 11, 2014

Staples has partnered with 3D Systems, a leading provider of 3D content-to-print solutions, to test 3D printing services in two stores in New York and Los Angeles.

Framingham, Mass. -- Staples has partnered with 3D Systems, a leading provider of 3D content-to-print solutions, to test 3D printing services in two stores in New York and Los Angeles.

Each store features a 3D printing center that lets consumers and small businesses create personalized products and use 3D printing hardware. Customers can also bring in their own 3D print-ready files to have them printed.

April 9, 2014

Crocs Inc. has opened its first LEED (Leadership in Energy and Environmental Design)-certified store, in Syracuse, N.Y.

Niwot, Colo. -- Crocs Inc. has opened its first LEED (Leadership in Energy and Environmental Design)-certified store, in Syracuse, N.Y. As detailed in Crocs’ new 2013 sustainability report, the store is certified at the LEED Silver level and features a high-efficiency LED lighting system and low-VOC and sustainable building materials.

April 8, 2014

Wesfield Garden State Plaza, in Paramus, N.J., is merging the digital experience with the physical one. The shopping center has installed a series of 7-ft. tall, ultra-high definition touch-screen displays, called “digital storefronts,” in its just-opened Fashion District wing.

New York -- Westfield Garden State Plaza, in Paramus, N.J., is merging the digital experience with the physical one. The shopping center has installed a series of 7-ft. tall, ultra-high definition touch-screen displays, called “digital storefronts,” in its just-opened, two-floor Fashion District wing, which adds 22 new stores and restaurants to the mall. To see photos of the screens, click here.

April 7, 2014

Berkshire Partners LLC, the Boston-based investment firm, and Glen T. Senk, a New York-based retail and consumer executive, are partnering to co-invest in innovative, high-growth retail and consumer businesses.

Boston -- Berkshire Partners LLC, the Boston-based investment firm, and Glen T. Senk, a New York-based retail and consumer executive, are partnering to co-invest in innovative, high-growth retail and consumer businesses. Berkshire Partners has initially committed $350 million to future investments alongside Senk and his newly formed firm, Front Row Partners LLC, where he serves as chairman and CEO.

April 3, 2014

Kids 21, a children’s upscale apparel retailer operated by luxury fashion group Club21, will use IBM’s cloud, e-commerce and analytics software to deliver personalized experience while expanding its online presence across Asia-Pacific.

Armonk, N.Y. -- Kids 21, a children’s upscale apparel retailer operated by luxury fashion group Club21, will use IBM’s cloud, e-commerce and analytics software to deliver personalized experience while expanding its online presence across Asia-Pacific. When it launches in the third quarter, the new online site will increase Kids 21’s reach from four to more than 15 countries in the region.

April 3, 2014

Modell’s Sporting Goods will open a store in midtown Manhattan, near Madison Square Garden, on April 4.

New York -- Modell’s Sporting Goods will open a store in midtown Manhattan, near Madison Square Garden, on April 4.

The store is the retailer’s 156th location.

April 3, 2014

The Knot has released The Knot Wedding Planner App for iPhone. With two clicks, a couple can find a venue, read reviews, check availability and source the entire team responsible for the wedding, from planner to florist and photographer.

New York -- The Knot has released The Knot Wedding Planner App for iPhone. With two clicks, a couple can find a venue, read reviews, check availability and source the entire team responsible for the wedding, from planner to florist and photographer.

April 3, 2014

Urban Outfitters will unveil a new concept, Space Ninety 8, on April 4, in the hip Willliamsburg section of Brooklyn, N.Y.

New York -- Urban Outfitters will unveil a new concept, Space Ninety 8, on April 4, in the hip Willliamsburg section of Brooklyn, N.Y.

The five-level space is located in a renovated warehouse and has an industrial look, complete with exposed ceilings and brick walls. The basement will house a rotating series of pop-ups, while the first floor will showcase independent designers and vendors, according to the Village Voice. The first floor will also be home to a vintage shop, called Urban Renewal.

April 2, 2014

JLL has named Robert Gibson vice chairman of New York retail brokerage.

New York — JLL has named Robert Gibson vice chairman of New York retail brokerage. He will be responsible for the growth of retail tenant and agency leasing in New York.

Most recently, vice chairman with Cushman & Wakefield Inc.’s Midtown Manhattan office, Gibson has more than 26 years of retail leasing experience in New York and nationally.

April 2, 2014

The Neiman Marcus Group is reorganizing its leadership structure by merging its stores and online management structure into one team as it looks to expand its presence across all channels.

New York -- The Neiman Marcus Group is reorganizing its leadership structure by merging its stores and online management structure into one team as it looks to expand its presence across all channels. The change will take effect April 14.

April 2, 2014

Pita Grill has signed a 12-year lease for 2,700-sq. ft. in Greenwich Village at 496 LaGuardia Place between West Houston and Bleecker Streets.

New York — Pita Grill has signed a 12-year lease for 2,700-sq. ft. in Greenwich Village at 496 LaGuardia Place between West Houston and Bleecker Streets. The space includes 1,350 sq. ft. on the ground floor and 1,350 sq. ft. on the lower level. The quick-service restaurant will be the chain’s ninth location since if first opened a few blocks away at West 4th Street in 1994.

April 2, 2014

Pita Grill has signed a 12-year lease for 2,700-sq. ft. in Greenwich Village at 496 LaGuardia Place between West Houston and Bleecker Streets.

New York — Pita Grill has signed a 12-year lease for 2,700-sq. ft. in Greenwich Village at 496 LaGuardia Place between West Houston and Bleecker Streets. The space includes 1,350 sq. ft. on the ground floor and 1,350 sq. ft. on the lower level. The quick-service restaurant will be the chain’s ninth location since if first opened a few blocks away at West 4th Street in 1994.

April 2, 2014

Shopmium, the new brand discovery app, has officially launched in the U.S. on both iOS and Android platforms.

New York -- Shopmium, the new brand discovery app, has officially launched in the U.S. on both iOS and Android platforms. Shopmium’s model enables advertisers to promote products through a targeted media approach that delivers mobile brand experiences and discount offers to users.
 

March 31, 2014

The second floor of Uniqlo’s Fifth Avenue flagship in Manhattan has been transformed in conjunction with the launch of the retailer’s SPRZ NY collection, done in collaboration with the Museum of Modern Art.

New York -- The second floor of Uniqlo’s Fifth Avenue flagship in Manhattan has been transformed in conjunction with the launch of the retailer’s SPRZ NY collection, done in collaboration with the Museum of Modern Art. The renovated floor includes the addition of a full-service Starbucks (a first for Uniqlo).

March 28, 2014

Saddled with high levels of debt and sluggish sales, Brookstone Inc. is preparing to file for bankruptcy protection, with a plan already in place to be bought by specialty retailer Spencer Spirit Holdings Inc.

New York -- Saddled with high levels of debt and sluggish sales, Brookstone Inc. is preparing to file for bankruptcy protection, with a plan already in place to be bought by specialty retailer Spencer Spirit Holdings Inc.

March 27, 2014

By 2025, most retail lighting will be LED, or light-emitting diode, according to lighting expert Dr. Laura Priestwood Thompson, director of the TCU Center for Lighting Education, Texas Christian University.

New York -- By 2025, most retail lighting will be LED, or light-emitting diode, according to lighting expert Dr. Laura Priestwood Thompson, director of the TCU Center for Lighting Education, Texas Christian University.

“The majority of interior retail lighting in 2025 will be LED. This includes retrofitting and new construction,” Dr. Thompson told attendees as Chain Store Age’s 50th annual SPECS conference, which was held March 9 –12, in Grapevine, Texas.

March 26, 2014

Dickey’s Barbecue will open seven new locations this week — in Kent, Wash.; Richland, Miss.; Vienna, Va.; Colorado Springs, Colo.; Clinton Township, Mich.; Yonkers, N.Y.; and Dallas.

Dallas — Dickey’s Barbecue will open seven new locations this week — in Kent, Wash.; Richland, Miss.; Vienna, Va.; Colorado Springs, Colo.; Clinton Township, Mich.; Yonkers, N.Y.; and Dallas.

The fast-growing 391-unit restaurant chain has added more than 200 stores in the past two years. There are more than 150 stores in development.

 

March 26, 2014

Coming off a disappointing 2013, Toys “R” Us unveiled a strategic plan to position the company for profitable growth in the future.

New York -- Coming off a disappointing 2013, Toys “R” Us unveiled a strategic plan to position the company for profitable growth in the future. The plan includes improving its in-store and online shopping experience, simplifying promotions, cutting costs, more disciplined inventory management, and more omni-channel integration with stores. Significantly, it not include closing stores apart from those involving standard lease expirations, top company executives said during a media presentation on Tuesday at the chain’s flagship in Times Square.

March 24, 2014

J. Crew Group Inc. Monday afternoon reported a 42% decrease in its fiscal fourth-quarter profit amid higher costs.

New York -- J. Crew Group Inc. Monday afternoon reported a 42% decrease in its fiscal fourth-quarter profit amid higher costs. Net income fell to $5.92 million in the quarter, which ended Feb. 1., down from $10.2 million in the year-ago period.

Revenue increased 6.7% to $686.2 million. Retail store sales rose 5% to $438.6 million and direct sales jumped 10% to $238.1 million

Same-store sales, which includes direct sales, rose 3%. Excluding a calendar shift, comparable-store sales increased 4%.