Posts tagged as Retail
The End of the 00s: Chains of Fools, by Maura K. Johnston
When I was younger, Long Island seemed oddly resistant to chain stores, or at least the standalone types that couldn't be contained by a shopping mall. It was a big deal when, during my high-school years, the Island got its first K-Mart. Wal Mart didn't arrive in the 516 until 1995. After that, a series of big-box complexes rushed in, as did new streets to lead people inside their hulking parking structures. (I still have to swallow hard before I can give people directions that incorporate "Corporate Drive.") READ MORE
Wal-Mart Is Coming to New York City
So much for the Starbucks/Wal-Mart population divide ratio; now Wal-Mart is back in the market for a New York City store. From the department of the obviously obvious: "The retailer is likely to focus on poor neighborhoods where there is a pent-up demand for jobs and supermarkets."
Luxury Retailer on Madison Expanding Massively Instead of Shuttering
Guess what's currently wrapped in exciting packaging on the corner of 62nd and Madison? Yes, another Hermes store-across the street from the Hermes store! READ MORE
Hermes Sails Blithely Through, Beyond Recession
Oh, look, AN OUTLIER. Call Malcolm Gladwell or whoever wrote that book that is about outliers! Hermes revenue is up 12% overall in the second quarter of the year. Things were bananas in Asia, but even in the Americas? Sales were up 14%. We are thinking a lot of that up-tick is in the America called South-but still, the New York store is constantly swamped! Well, the real one. That Wall Street one is a little quiet and lonely.
