High commercial rents and increased competition have claimed another casualty.
Scoop NYC, which first opened its doors in 1996, unexpectedly shut its 10,000-square-foot flagship store in Manhattan’s SoHo last Monday and liquidation sales have started at its 15 remaining locations. The retailer’s e-commerce site is also offering 10 percent off site-wide, noting that all sales are final.
Read more at Sourcing Journal.