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J&R Music to redevelop Manhattan store site
New York – The owners of New York City’s famed J&R Music and Computer World, an independent music and electronics store in Lower Manhattan since 1971, have closed the store to redevelop its site.
“J&R will close its doors so we can rebuild this location into what we hope will be an unprecedented retail concept and social mecca,” owners Joe and Rachelle Friedman said in a statement on the company’s website. “The buildings that J&R occupies have to be totally reimagined and developed.”
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DSW to launch new retail format under Yellow Box banner
Columbus, Ohio -- DSW Inc. is bringing women’s footwear brand Yellow Box into the retail arena. DSW’s Affiliated Business Group (ABG) division has entered into an agreement with Yellow Box Corp. to operate stores under the Yellow Box banner. The company plans to open Yellow Box stores throughout the United States, starting off with three to five store openings in 2014.