Department Stores Show Sluggish First-Quarter Performance
Department stores had a weak first quarter due to a slowdown during the all-important holiday season, according to a Moody’s report.
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Tag: macys
MRA Secures Financing For Macy’s Building
Metropolitan Realty Associates LLC (MRA) and equity partner Angelo Gordon & Co. LP have secured a $23 million acquisition and construction loan for Macy’s at the Shops at Nanuet.
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Victoria Secret Closing 53 Stores
Victoria’s Secret is shuttering a total of 53 stores, after closing 30 last year, to help right-size its operations, L Brands executives said
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Clarkstown Should Reduce Dependence On Retail
Clarkstown’s Route 59 retail corridor runs the risk of becoming a monoculture if it continues to over-rely on a homogenous mixture of retail and fast-food restaurants, particularly as large chains and big boxes are disappearing.
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Clarkstown Appoints Committee To Study Retail Hub
The Town of Clarkstown has formed a business and economic development advisory committee to work in conjunction with stimulating the Nanuet/Route 59 corridor and updating of the town’s comprehensive plan.
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Macy’s Shutters Store On April 2nd
Macy’s at the Shops of Nanuet will close for good on April 2.
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Is Gymboree The Next Retailer To Leave The Palisades Center?
The children’s clothing retailer Gymboree is filing for bankruptcy for a second time in two years and will close its remaining 900 stores, according to media reports. That includes stores in New York.
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Ocean State Job Lot Buys Toys “R” Us Store In Nanuet
Ocean State Job Lot, a Rhode Island-based discount closeout retailer, has bought the former Toys “R” Us location for an undisclosed amount in Nanuet.
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At Home Superstore Will Take Macy’s Ground Floor In 2021
One of the nation’s fastest growing retailers you may have never heard of is taking over the ground floor of the Macy’s location at The Shops at Nanuet
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