Abercrombie & Fitch Closing Stores Nationwide
Teen apparel retailer Abercrombie & Fitch Co. plans to close up to 40 stores during fiscal 2019, after closing 29 locations last year.
Continue Reading
Category: Real Estate
Rockland County real estate, development
ToyWiz Closing Its Retail Store Saturday May 25th
UPDATE (01-04-2023): TOY WIZ IS OPEN FOR BUSINESS, AND DID NOT CLOSE AS PLANNED.
Continue Reading
Rockland’s First RE/MAX Takes Flight At Nyack Hot Air Balloon Fest
In mid-July (date to be announced) RE/MAX RoNIN is holding a late-afternoon hot air balloon event in Nyack’s Memorial Park to both fund-raise for a charity chosen by the Village mayor (Meals on Wheels?), and to let the community know the real estate entity has landed in Rockland.
Continue Reading
Dressbarn Closes Doors After Half A Century
Dressbarn is closing all 650 stores, including its Nanuet location, and another nine in the Hudson Valley. The company employs about 6,800 people, and has not disclosed when stores will begin shutting down.
Continue Reading
Amazon’s Partnership With Kohls Helps Hedge Against Department Store Decline
Kohl’s is better positioned than its mall-based competitors, and its partnership with Amazon.com may be what’s bolstering its performance.
Continue Reading
Retail’s Darwinian Landscape Narrowing The Field; Trump’s Tariff’s Not Helping
Some 17% retailers covered by S&P Global remain financially vulnerable, according to a report this week from the ratings agency. Big boxes and chain restaurants make up the most significant portion of the distressed companies.
Continue Reading
Will Lord & Taylor Survive Potential Sale By Parent Company Hudson’s Bay?
The fate of Lord &Taylor, which closed its flagship store earlier this year, is up in the air. Hudson’s Bay, which owns Lord & Taylor and Saks Fifth Avenue, has hired a financial adviser to review Lord & Taylor’s business, and that review could lead to a sale or a merger.
Continue Reading
Party City Shuttering 45 Stores Nationwide
Westchester-based Party City will close 45 stores in 2019, the company said last Thursday when announcing its financial results for the first quarter of 2019.
Continue Reading
Rockland Should Roll Out Red Carpet To Film Studios
Rockland has an abundance of large box retail and other buildings that would be perfect for sound stage and production facilities.
Continue Reading
Big Boxes Trying To Lower Tax Burden With “Dark Store Theory”
Big box retail stores like Target, Lowes, Walmart, Kohls, Rite Aid and others are using a tactic in New York and beyond known as the “dark store theory” to lower their tax burden and it is working.
Continue Reading