-
Gap to open Athleta store in Manhattan
New York City -- Gap has chosen Manhattan's Upper West Side for its second freestanding Athleta store, Crain’s New York Business reported.
The report said has signed a lease to open a 3,500-sq.-ft. Athleta at 216 Columbus Ave. at W. 70th Street. The store will open in the fall, and Gap is already seeking more New York area locations, according to Crain's.
Gap bought Petaluma-based Athleta, a catalog and website that sell women's athletic clothes, for $150 million in 2008. -
Report: Dish Network to assume 500+ Blockbuster leases
New York City -- A report Monday by the Wall Street Journal said that Dish Network Corp. will assume leases on more than 500 Blockbuster stores after it completes its acquisition of the video-rental chain.
The lease takeovers will assure that Blockbuster will maintain some physical presence.
In a filing with the U.S. Bankruptcy Court in Manhattan, Blockbuster also listed hundreds of locations where it plans to reject leases, as its number of open stores continues to dwindle.
