Jerry Storch news and trends

Space In Lord & Taylor Flagship Store In NYC Sold To WeWork
Merchant Innovation // October 25, 2017

WeWork, a New York-based company providing flexible, coworking workspaces, has inked a deal to acquire space in department store chain Lord & Taylor’s flagship Manhattan location for $850 million. According to a report in Fortune, the deal will lower HBC’s debt levels and give WeWork...

Quick Reads
Toys R Us Ready For Next Evolution, CEO Says

December 27, 2017
It is not easy selling toys and games these days — even at Christmas time — and eCommerce platform Amazon is not making things any easier, Toys R Us CEO Jerry Storch told CNBC’s closing bell. In fact, the rise of online shopping is only making things harder. “It got a lot worse when Amazon got in,” he noted. According […]

Space In Lord & Taylor Flagship Store In NYC Sold To WeWork

October 25, 2017
WeWork, a New York-based company providing flexible, coworking workspaces, has inked a deal to acquire space in department store chain Lord & Taylor’s flagship Manhattan location for $850 million. According...