Urban Retail

[atlrvr]

I'm starting this thread to discuss urban retail rumors/news.

I'll start the thread off with Best Buy has signed at lease at 360 Newbury St., that was occupied the Virgin Megastore. It's 45,000 square feet, so it's close to being a full-sized suburban Best Buy. Though I'm not a big fan of chains, I don't mind Best Buy too much, as they serve a very diverse population, and there aren't any indepedent electronics/appliance stores that I can think of....certainaly there impact on CD Spins and Newbury Comins will be less than Virgin.

[nowyano]

seems like a bad idea. I know it's a long walk, or a pretty quick ride on the train, but the Fenway Best Buy is fairly close. I would think that the company would not want to move a store so close to each other.

[atlrvr]

Abercrombie and Fitch is returning to Faneuil Hall, and will be taking the same space they previously occupied, though only the bottom three floors, instead of the 7-8 they had.

[JJK5]

I was around the theater district and thought I saw what looked like an empty lot with Target branded skrim around it. Is Target building an urban store in Boston proper?

[atlrvr]

There has been talk of Target taking a space in the new mixed-use tower proposed for the old Filenes space at Downtown Crossing.

That empty lot is rumored to be developed into a super-narrow 8-10 story condo building that will have really flashy signage. There is an older thread somewhere on UP, but it doesn't have the latest redering.

[Cotuit]

Could be "advertecture." Which is putting up ads on a building/vacant lot as it is being renovated/built. It's something you see a lot in New York even though it violates the New York City sign laws.

[atlrvr]

DKNY is leaving its place on the 1st block of Newbury St and is being replaced by Spain-based Zara.

[Recchia]

DKNY is leaving its place on the 1st block of Newbury St and is being replaced by Spain-based Zara.

[atlrvr]

I'm not sure.....the Boston Courant just said they chose not to renew their lease. Maybe they will move to the Copley?

[JJK5]

I'm not sure.....the Boston Courant just said they chose not to renew their lease. Maybe they will move to the Copley?

[atlrvr]

The Seaport District just got a small piece of validation. Steve Madden is opening a retail location at Congress St. Hopefully this will lead to many more retailers opening in the area.

http://boston.bizjournals.com/boston/stori...tml?jst=b_ln_hl

[atlrvr]

Best Buy has been stocking their store in 360 Newbury all week....it must be opening within the next couple of weeks.

[Lowerdeck]

Best Buy has been stocking their store in 360 Newbury all week....it must be opening within the next couple of weeks.

[atlrvr]

DKNY is leaving its place on the 1st block of Newbury St and is being replaced by Spain-based Zara.