Taking the Fifth
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.
Brookstone Adds Three Locations in New York City This Holiday Season
Brookstone is ushering in the 2011 holiday season by expanding its retail presence in New York City with three new locations, 150 new employees, and a concierge service. A grand opening is scheduled for Friday, December 9.
Bloomingdale’s Renovates New York Flagship
Bloomingdale’s 520,000-square-foot New York flagship is undergoing a 100,000-square-foot renovation to update the bridge, contemporary, home, shoes and jewelry departments of its designer floor. The project is estimated to cost $50 million, reports Women’s Wear Daily.
Nike to Open Runners-only Store in New York
Beaverton, Ore.-based Nike Inc. is introducing a specialty retail concept called Nike Running at Fifth Avenue and West 20th Street, reports Crain’s Business New York.

