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RETAIL (NON-INTERNET/MOBILE) | Apparel & Accessories
avenue.com

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Stage

Asset Sale | AssetsPurchased

About Avenue Stores

Avenue Stores is a brand of women's fashion apparel, sold through a nationwide network of stores. Avenue is a trend-right, multi-channel source for affordable fashion for real size women with a youthful attitude.

Avenue Stores Headquarter Location

365 West Passaic Street

Rochelle Park, New Jersey, 07662,

United States

201-845-0880

Latest Avenue Stores News

WeWork to Run Co-Working Spaces in Former Saks Fifth Avenue Stores

Aug 11, 2021

The project, called SaksWorks, will make use of brick-and-mortar retail space left vacant due to the rise of e-commerce. Getty Images Brick-and-mortar retail has found a new exit strategy--co-working spaces. Saks Fifth Avenue owner Hudson's Bay Co is partnering with WeWork to open co-working spaces in former Saks department stores in September, the Wall Street Journal reports. The locations, which are located in New York's tri-state area, will be managed by WeWork. The project, called SaksWorks, targets suburban workers who are working remotely either part time or full time. With its deal with Hudson's Bay, WeWork won't have to pay rent but will manage and staff the co-working spaces in return for a cut of the revenue. "We think about, 'What can we bring to the suburbs that we used to serve with retail concepts where our customers still live?'" SaksWorks President Amy Nelson  told the WSJ. Nelson is the founder of women's co-working company The Riveter  and also an Inc.com columnist. SaksWorks locations will include gyms and cafes for workers, and carry a $299 a month membership fee. The partnership could help Hudson's Bay Co fill vacant space that many retailers can no longer afford to lease. The growth of e-commerce over in-store shopping led to a record 12,200 store closures in 2020 . Beyond supporting commercial real estate owners, the partnership could also help repair WeWork's  reputation . After layoffs, reports of toxic leadership, and  a failed attempt at a traditional IPO in 2019 , WeWork went public in a merger with BowX Acquisition Corp via a SPAC this spring. The deal valued the office-sharing startup at $7.9 billion , a far cry from its previous valuation of $47 billion . Inc. helps entrepreneurs change the world. Get the advice you need to start, grow, and lead your business today. Subscribe here for unlimited access. Aug 11, 2021

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Research containing Avenue Stores

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CB Insights Intelligence Analysts have mentioned Avenue Stores in 1 CB Insights research brief, most recently on Sep 29, 2021.

Avenue Stores Patents

Avenue Stores has filed 6 patents.

The 3 most popular patent topics include:

  • Technical drawing
  • Architectural elements
  • Assistive technology
patents chart

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7/22/2020

9/21/2021

Graphical projections, Technical drawing, House types, Cuttlefish, Honeycombs (geometry)

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7/22/2020

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9/21/2021

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Graphical projections, Technical drawing, House types, Cuttlefish, Honeycombs (geometry)

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