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Retail

Big Box Retailer Pounces on J.C. Penney’s Closed Stores

When J.C. Penney Co. announced this month that it would shut 40 US stores, At Home Group Inc. saw an opening. Executives at the retail chain called J.C. Penney within a few hours to express interest in buying some of them.

Retail

Big Box Retailer Pounces on J.C. Penney’s Closed Stores

When J.C. Penney Co. announced this month that it would shut 40 US stores, At Home Group Inc. saw an opening. Executives at the retail chain called J.C. Penney within a few hours to express interest in buying some of them.


Retail

World Trade Center Shops to Open in 2015 With Eataly, Kors

Leasing of stores at the World Trade Center site in lower Manhattan is almost complete, with a tenant list that includes Breitling, Michael Kors and an outpost of Mario Batali’s Eataly.

Retail

World Trade Center Shops to Open in 2015 With Eataly, Kors

Leasing of stores at the World Trade Center site in lower Manhattan is almost complete, with a tenant list that includes Breitling, Michael Kors and an outpost of Mario Batali’s Eataly.


News & Analysis

Miami’s Billion-Dollar Art Fair Becomes Platform for Selling Everything

As Miami readies for the 13th installment of Art Basel Miami Beach, among the world’ most important contemporary art fairs, a five-day extravaganza that has become a magnet for high-end real estate and luxury brands to align themselves with the artistic set to attract the world’s biggest spenders.

News & Analysis

Miami’s Billion-Dollar Art Fair Becomes Platform for Selling Everything

As Miami readies for the 13th installment of Art Basel Miami Beach, among the world’ most important contemporary art fairs, a five-day extravaganza that has become a magnet for high-end real estate and luxury brands to align themselves with the artistic set to attract the world’s biggest spenders.


Global Markets

Champs-Élysées Seeks Overhaul Amid Growing Competition

Paris’s most-famous avenue, the Champs-Élysées, needs a facelift. That’s the verdict of building owners and retailers located on the street. They are now trying to convince the city of Paris that the avenue is ripe for refurbishment 20 years after its last renovation.

Global Markets

Champs-Élysées Seeks Overhaul Amid Growing Competition

Paris’s most-famous avenue, the Champs-Élysées, needs a facelift. That’s the verdict of building owners and retailers located on the street. They are now trying to convince the city of Paris that the avenue is ripe for refurbishment 20 years after its last renovation.


Retail

Saks Fifth Avenue Building in Manhattan Valued at $3.7 Billion

The landmark Saks Fifth Avenue building in Manhattan was appraised at about $3.7 billion as part of an effort by parent Hudson’s Bay Co. to squeeze more money out of its real estate.

Retail

Saks Fifth Avenue Building in Manhattan Valued at $3.7 Billion

The landmark Saks Fifth Avenue building in Manhattan was appraised at about $3.7 billion as part of an effort by parent Hudson’s Bay Co. to squeeze more money out of its real estate.


Global Markets

As Recession Looms, Moscow Prepares for Europe’s Biggest Mall

The Aviapark mall will open its doors, just as Russia is headed toward recession and its businesses are contending with international sanctions over the conflict in Ukraine.

Global Markets

As Recession Looms, Moscow Prepares for Europe’s Biggest Mall

The Aviapark mall will open its doors, just as Russia is headed toward recession and its businesses are contending with international sanctions over the conflict in Ukraine.


Luxury

The House That Fashion Built

Some of the world’s largest fashion brands are creating branded hotels and private residences as well as the homewares to fill them, tapping easy additional revenue streams and constructing powerful brand beacons in emerging markets.

Luxury

The House That Fashion Built

Some of the world’s largest fashion brands are creating branded hotels and private residences as well as the homewares to fill them, tapping easy additional revenue streams and constructing powerful brand beacons in emerging markets.


Retail

Can Post-Crisis Dubai Become the World’s Largest Consumer Fashion Hub?

After London, Dubai is the second most popular place in the world to shop for fashion and luxury goods. Can it become number one? Six years after the devastation of a global recession that saw billions wiped off the value of local real estate, BoF sits down with Mohamed Alabbar, architect of the emirate’s retailing success, to understand his vision for the future.

Retail

Can Post-Crisis Dubai Become the World’s Largest Consumer Fashion Hub?

After London, Dubai is the second most popular place in the world to shop for fashion and luxury goods. Can it become number one? Six years after the devastation of a global recession that saw billions wiped off the value of local real estate, BoF sits down with Mohamed Alabbar, architect of the emirate’s retailing success, to understand his vision for the future.


Retail

Sears to Lease Retail Space in US Northeast to UK’s Primark

AMSTERDAM, Netherlands — Sears Holding Corp. will lease seven standalone stores in the U.S. to the U.K.'s Primark budget- clothing chain as the

Retail

Sears to Lease Retail Space in US Northeast to UK’s Primark

AMSTERDAM, Netherlands — Sears Holding Corp. will lease seven standalone stores in the U.S. to the U.K.'s Primark budget- clothing chain as the


Retail

Nordstrom Seeks Space for a Second Manhattan Store

NEW YORK, United States — Nordstrom Inc., the retailer planning to open its first New York City store on Midtown's West 57th Street, is seeking space

Retail

Nordstrom Seeks Space for a Second Manhattan Store

NEW YORK, United States — Nordstrom Inc., the retailer planning to open its first New York City store on Midtown's West 57th Street, is seeking space


News & Analysis

Is London’s Luxury Ground-Zero Under Threat?

London’s Mayfair continues to attract large numbers of high-net-worth individuals from around the world and the luxury brands that court them. But there are concerns in some quarters that the area’s high-end hipness is threatening the very characteristics that made it desirable in the first place.

News & Analysis

Is London’s Luxury Ground-Zero Under Threat?

London’s Mayfair continues to attract large numbers of high-net-worth individuals from around the world and the luxury brands that court them. But there are concerns in some quarters that the area’s high-end hipness is threatening the very characteristics that made it desirable in the first place.