Amazon is reportedly considering leasing a building in the famous Fifth Avenue area of New York. The building is currently owned by WeWork, and was formerly the flagship location of the shopping brand Lord & Taylor, according to a report by The Wall Street Journal....
As retailers shutter locations from the heartland to big cities, the latest update on the state of retail from New York’s storied Fifth Avenue says that rents are falling and vacancies are rising – showing that even a flagship address can’t escape the realities of...
For deal-hunting consumers, Five Below is the little-bit-of-everything store of their dreams. Putatively pitched at kids, tweens and teens, the shop offers goods across a wide variety of categories, with a focus on fashion accessories, sports items, home goods, technology, games crafts and gifts. As for...
April 08, 2024
Luxury firms Chanel and LVMH are reportedly competing to become the new owner of a building on Manhattan’s Fifth Avenue. Both companies have been in talks to buy the location on the luxury shopping corridor, Bloomberg reported Monday (April 8). Global luxury retailers have been competing to buy buildings on Fifth Avenue for months, according to the report. Kering bought one for […]
July 25, 2019
Amazon is reportedly considering leasing a building in the famous Fifth Avenue area of New York. The building is currently owned by WeWork, and was formerly the flagship location of...