![]() ![]() ![]() The chain is now ditching that strategy, nixing three of its private label brands, and reprioritizing national brands with labels including Calphalon, Ugg, Dyson, and Cuisinart underpinning that strategy, executives said on a conference call. Where Chicago’s Bean takes over its own plaza in Millenium Park, New York’s version resides in a less spacious spot: under the entrance to the 56 Leonard, nicknamed the Jenga Tower for its. GameStop Chairman Ryan Cohen, the largest shareholder in the firm until this month when he sold out of his 9.8% position, which sent shares falling, had supported efforts to sell buybuy Baby.īed Bath & Beyond used to be known for offering many customers 20% off coupons, but in recent years it has changed its focus to private-label goods, including kitchenware under the Our Table brand. The company hired Sue Gove, an independent board director, to replace him on an interim basis.Īccording to Gove, the shop is "continuing to see significant positive momentum and intended to build its deep heritage as a retailer."īed Bath & Beyond in its Wednesday update also predicted a bigger-than-expected 26 percent decline in same-store sales for the second quarter and announced it would keep the buybuy Baby division, which it had previously put up for sale. CEO Mark Tritton was ousted in June after first-quarter sales fell by 25 percent. About 150 of its name-brand stores will be shut down, while the buybuy BABY chain will remain.īed Bath & Beyond, previously seen as a "category killer" for home and bath products, has seen its fortunes wane. From Ocean’s love of Pierre Paulin chairs and couches to his subtle choice of Boffi Giò lighting, this isn’t your average “rich guy” bachelor pad.The company said that it had secured new finance worth more than $500 million and that 20% of its workers will be laid off. This progressive approach to architecture clearly caught Ocean’s eye, as he’s been living it up in the Lower Manhattan residence ever since, furnishing his home to reflect his sense of refined personal style. Penthouse of celebrity-packed 'Jenga Building' sells for 50M The musician Frank Ocean and actor Keegan-Michael Key are among the Lower Manhattan building's well-known residents 56 Leonard. RELATED: Prada Links With Frank Ocean’s Jewellery Brand Homer In Latest Collaboration Designed by the Swiss architecture firm Herzog & de Meuron, the building was completed in 2017 (and reminds of Melbourne’s The Icon building in St Kilda from 2015) and was designed to offer a visual reprieve from the relentless precession of uniform skyscrapers in New York City, specifically, “conceived as a stack of individual houses, where each house is unique and identifiable.” What he does have in common with Frank Ocean, however, is his good taste in fitting out a New York high-rise apartment, and these shots of Ocean’s digs prove he’s on the same level of interior design chic as the American Psycho protagonist.Ī few years back, Ocean purchased a new pad in the freshly developed 56 Leonard St building, fondly known by locals as the “Jenga Building” thanks to it resembling a collection of blocks stacked on top of one another. After all, the former is a psychopathic mass murderer who works on Wall Street. Patrick Bateman doesn’t have much in common with Frank Ocean. 'The Jenga Building features 19-foot ceilings, double-height windows, white oak and stone floors, a gas fireplace, a chef’s kitchen and three terraces totaling 1,252 square feet with panoramic water and city skyline views.' This is how NY post concluded the article lol.
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