Old Navy, Gap Inc.’s biggest brand, struck a deal for a new 55,000-square-foot flagship store in Herald Square, the top retail lease in New York City so far this year, according to research from ...

The retail lease for the Old Navy location is reportedly the largest in New York City so far this year. For 2024, Old Navy sales were up 2% year-over-year to $8.4 billion. Comparable sales were up 3%.

Along with the appeal of Herald Square, Old Navy President and CEO Haio Barbeito stressed the importance of staying in New York, which, according to him, attracts 60 million visitors each year.

The new Herald Square store will span two floors. “As we look to modernize the Old Navy customer experience, this new location will enable us to deliver a fresh, immersive, digitally led ...

Old Navy has inked the year’s largest retail lease at JEMB Realty’s Herald Towers, breathing new life into an increasingly stagnant Midtown shopping corridor. Old Navy, Gap Inc.’s largest ...

Panda Express, Dave’s Hot Chicken and Shake Shack will be among the new fast-casual eateries at the mall after the redevelopment is finished. New tenants will open in phases beginning in 2026 and ...

Limiting funding for SNAP could help defray the costs of President Trump’s tax plans, but could result in millions of ...

Big V Property Group announces expansion of two of its discount retailers, Marshalls and Sierra Trading, to The Rim shopping ...