The Oklahoma-based arts-and-crafts retailer known for its ownership's conservative political leanings is coming soon to Manhattan.Hobby Lobby, which opened its first chain in the city on Staten Island in March, has now signed one of the largest leases in Manhattan so far this year, inking a deal for 70,716 square feet at 270 Greenwich St. in Tribeca, according to a new report from JLL on the state of the retail sector for the second quarter of 2024.Hobby Lobby has more than two dozen locations across the Empire State but so far only one is currently open in the five boroughs, at 280 Marsh Ave. on Staten Island, where former President Donald Trump received 61.6% of the vote in 2020.A representative for the faith-focused store, whose core values include "Honoring the Lord in all we do by operating in a manner consistent with Biblical principles," indicated that the retailer was looking to expand elsewhere across the city and would have "more exciting news soon" after the March opening on Staten Island.Hobby Lobby's Manhattan debut was the highlight of the recent JLL report, released July 3, which shows that, overall, the city's volatile retail market continues to bounce back as the average asking rent is up this year compared to last, while the availability rate is down, reaching its lowest level on record. The average retail availability rate hit 15.3% last quarter, down from 21% before the pandemic in 2019 and significantly lower than the peak at 28% in 2021, according to... Continue reading at 'Crains New York'
[ Crains New York | 2024-07-09 09:48:05 UTC ]
Written By: Lisa Campbell Publication Date: Mon, 13/06/2011 - 09:00 Foyles bookshop is to open its seventh branch near the site of the 2012 Olympics in the new Westfield Stratford City shopping centre. The family-owned bookseller, which has its flagship store on Charing Cross Road, central... Continue reading at The Bookseller
[ The Bookseller | 2011-06-13 00:00:00 UTC ]
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Written By: Lisa Campbell Publication Date: Fri, 04/03/2011 - 09:20 Foyles flagship bookshop will stock more books on the ground floor and provide easier access for customers when it moves down the road to a site almost twice its current size. The bookseller announced its plan to move down the... Continue reading at The Bookseller
[ The Bookseller | 2011-03-04 00:00:00 UTC ]
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Attendance dipped to its lowest level in a decade and traffic on the show floor was noticeably slow, but last week's 2011 American Library Association Midwinter Meeting in San Diego, Calif., was anything but quiet. Continue reading at Publishers Weekly
[ Publishers Weekly | 2011-01-17 00:00:00 UTC ]
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