Articles

Prospects bright for Borders replacements

Brokers expect strong demand from other retailers, in part because the failed bookstore chain carefully chose its real estate, opting for locations near concentrations of affluent and educated consumers.

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Irvington scores Ossip, set for streetscape project

The Irvington retail trade area stands to get a big boost from two projects set to begin this fall: Ossip Optometry’s renovation of a historic building and a $2.9M makeover of East Washington Street designed to make the business district a draw for pedestrians.

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Jillian’s set to vacate ground floor of downtown building

An unidentified restaurant and bar is set to sign a lease by Sept. 1 to assume the Meridian Street space Jillian’s has agreed to relinquish as part of a lease dispute with its landlord. The entertainment complex will continue to operate on the second and third floors.

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Now vacated Borders location on Meridian and Washington streets

Judge approves Borders auction, liquidators open bid

Borders Group, the nation's second-largest bookstore chain that once operated over 1,000 stores, appears headed for liquidation after a judge on Thursday approved its motion to auction itself off with an offer from a team of liquidators as its opening bid.

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Retailers post strong June sales numbers

American consumers, enticed by warmer weather and deep discounts of up to 80 percent on summer merchandise, went on a buying binge in June, helping many retailers deliver robust revenue gains.

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