New York City — Stephanie Cohen Home has opened a new flagship high-end furniture store in Farmingdale, N.Y., on the North Shore of Long Island. The innovative space spans 40,000 square feet.
retailers
San Francisco — The Gymboree Corporation, following a comprehensive evaluation of its retail footprint, intends to close approximately 350 stores, mainly across the Gymboree and Crazy 8 brands. With the right size store base, the company will be able to focus resources on locations with the greatest potential and improve profitability.
Hampton, N.H. — Planet Fitness, Inc., a franchisor and operator of fitness centers in the U.S., has partnered with Solar Energy Management at its St. Petersburg club to become the first 24/7 Planet Fitness to be a net-zero energy building. The updated, energy-efficient Planet Fitness is now 99.5% reliant on sustainable solar power.
Framingham, Mass., and New York City — On June 29, 2017, Staples, Inc. and Sycamore Partners, a leading private equity firm, entered into a merger agreement in which investment funds managed by Sycamore Partners will acquire Staples for approximately $6.9 billion.
Columbus, Ohio — DSW Inc., a leading branded footwear and accessories retailer, is opening its first warehouse in the Middle Eastern country of Oman. Located at the Muscat Grand Mall, the new store marks the first expansion of DSW Designer Shoe Warehouse outside North America.
Manhattan Beach, Calif. — SKECHERS USA, Inc., a global leader in the lifestyle and performance footwear industry, has opened its largest SKECHERS mall-based factory outlet store. The approximately 24,000-square-foot store is located at Ontario Mills in Ontario, Calif.