Loblaw’s Joe Fresh, Canada’s biggest grocer, opened a flagship store last week on Manhattan’s Fifth Avenue, but instead of meat and produce, it’s selling $29-women’s dresses and $12-men’s shirts, according to Bloomberg.
Visual merchandisers and store designers converged on New York in December for A.R.E.’s Retail Design Collective. During the course of the three-day event, the industry exhibited signs of life that it hasn’t enjoyed in years.
How chain stores turned NYC’s most glamorous avenue into America’s glitziest mall. For decades, the stretch between 49th and 60th streets was one of the most expensive in the world, dotted with high-end boutiques such as Cartier, Henri Bendel, Harry Winston and Louis Vuitton.
Uniqlo, the expansion-minded Japanese apparel retailer, on Friday will open its largest store in the world, an 89,000-sq.-ft. flagship on Fifth Avenue. The three-level store reflects the chain’s ambitious designs on the United States and also the changing nature of Fifth Avenue, which is experiencing an influx of moderately-priced retailers.