Wednesday, October 12, 2011

Big in Japan and now...

ready to take on the USA?
While American retailers are increasingly staking their future overseas, Japanese apparel giant UNIQLO is setting up shop in NYC. 
The three-story, 89,000-square-foot Flagship store will open this Friday on the corner of 5th Avenue and 53rd St. in Manhattan and is reported to be the most expensive retail lease in New York's history. 
Yes, it's a chain and yes, the novelty will wear off especially after they start to populate every mall in America but, it's cool to see new merchants appearing in our market and with an estimated +1500 new jobs in New York alone, I'm liking in.

"UNIQLO New York Fifth Avenue” will open on Friday, October 14th and one week later its second largest global flagship in the world, “UNIQLO New York 34th Street” on Friday, October 21st.
Be There or, Be Square...Get it?  Square cause that's what...oh, never mind it's been a long day

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