Ikea buys Brooklyn tract to build first NYC store

Article Abstract:

The acquisition of a waterfront parcel in the Red Hook area for a 340,000-square-foot, two-level store by Ikea North America for opening its first New York City store is discussed. The relevant details regarding the purchase price of the Brooklyn contract is presented.

Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, IKEA North America L.L.C.

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Levin moves to push sales past $150M

Article Abstract:

Levin Furniture's expansion plans are discussed. The company plans to open a distribution center and its first store in Akron, Ohio to support growth and push annual sales beyond $150 million.

Growth, Company growth, Levin Furniture

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Badcock enters RTO arena

Article Abstract:

The opening of a new rent-to-own store by W.S. Badcock in Clearwater, Florida i s discussed.

Florida, W.S. Badcock Corp.

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