French Department Store Printemps to Establish First U.S Locale
French luxury department store Printemps will open a new store in New York, marking the brand’s first U.S. initiative. Printemps will open a 54,365-square-foot store at One Wall Street in Manhattan’s Financial District.
The One Wall Street store will be on two levels, with a façade that measures 346 linear feet facing Broadway. The store is expected to open in the spring of 2024.
“The US is essential in our international development strategy and opening in New York offers high visibility and growth potential,” said Jean-Marc Bellaiche, CEO, Printemps Groupe. “We think we can bring something unique, both to its engaged local consumer base and the strong tourist flows the city welcomes. It is also a strategic ecommerce market for luxury, fashion, home, and beauty.
“We plan to pioneer a new format of experiential retail in this fast changing and demanding market,” Bellaiche continued.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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