J. Crew Inks Sale For $3 Billion

Retailer J. Crew has reached an agreement to sell the company to alternative investment house TPG Capital and Leonard Green & Partners in a deal reportedly valued at about $3 billion, according to Bloomberg. J. Crew, which in recent years launched brands including Madewell, Crew Cuts and its bridal line, is run by CEO Millard [...]

Uniqlo Coming To Midtown?

Uniqlo, or as some refer to it, The Gap of Japan, might be moving into Midtown. The Japanese retailer that currently runs one store in the U.S., on Broadway in SoHo, might be adding a second store around Fifth Avenue and 53rd Street, according to Crain’s New York. Among the most expensive real estate spots [...]

Retail & Celebrity Charity May 19

Canadian soap company LUSH plans top open stores in the following U.S. cities: Miami on Biscayne Boulevard; Atlanta’s Perimeter Mall; Lahaina, Hawaii; Skokie, Illinois; Overland Park, Kansas; Maryland’s Annapolis Mall; the Mall of America in Bloomington, Minnesota; Raleigh, N. Carolina; the Mandalay Bay in Las Vegas; and Houston, Texas. The ALAS Foundation (Latin America in [...]