The White Whale of West 57th Street: Nordstrom appears poised for NYC
It’s the great white whale of Manhattan retail. Aside from Walmart, Nordstrom is the store every retail broker in the city dreams of harpooning and reeling into a new home. One prominent broker...
View ArticleSaks Making Foray Into Outer Boroughs With Off 5th Outlet Store in Brooklyn
Liberty View Industrial Plaza at 850 Third Avenue. Saks is poised to enter the outer boroughs with an Off Fifth discount store in the Sunset Park neighborhood of Brooklyn, Commercial Observer has...
View ArticleSaks Fifth Avenue Owner Spinning Off E-Commerce Into Separate Entity
The owner of luxury retailer Saks Fifth Avenue plans to spin off the brand’s e-commerce side into a separate entity and has raised $500 million to do so. Hudson’s Bay Company (HBC), which owns Saks,...
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