Global Apparel Retailer UNIQLO Comes to the Bronx This Spring
NEW YORK – January 18, 2018 – The store will be located on the second floor of the Mall in over 10,000 sf (8,000 sf selling) and will join other major retail icons which have opened their first stores in the Bronx such as H&M, Victoria’s Secret, American Eagle, Forever 21, and Express among many others.
UNIQLO has more than 1,900 stores in 19 markets worldwide. Since opening its first store in Hiroshima in 1984, UNIQLO has offered apparel that comes from the Japanese values of simplicity, quality, and longevity, featuring universal designs, supreme fit and comfort with the aim to improve the daily lives of its customers. The new store at Bay Plaza builds upon UNIQLO’s commitment to the New York City area since opening its first flagship store in Soho in 2006, with stores located throughout Manhattan, Brooklyn, Queens, Long Island, and New Jersey. The new store will extend UNIQLO’s commitment to giving back to the New York City community, where the brand has worked with the Department of Homeless Services for the past four years to donate clothing and children’s toys to people in need. In the 2017 alone, over 22,000 pieces of merchandise was donated to the PATH shelter in the Bronx.
Through UNIQLO’s partnership with NYC Parks, Art in the Parks, the brand has provided $200,000 of funding to bring local artists’ art to 10 New York City Parks, including Joyce Kilmer Park and Virginia Park in the Bronx.
Jerry Welkis, President of Welco Realty, Inc. and his associate, Etan Shalem, were the sole brokers who negotiated the deal directly with Uniqlo. The lease was signed in December and the store is scheduled to open Spring 2018.
Mr. Sam Shalem, Chairman of the Board of Prestige, the owners of the Mall feels that this is a real coup for the borough of the Bronx to be able to attract such an exciting retailer for the Bronx consumer. The Mall and the Power Regional Center outside the Mall is constantly expanding and looking to bring new and exciting retailers into the development. Recently, Saks Off 5th opened in the outdoor section of the Bay Plaza Development.
Welco Realty, Inc is a leading commercial brokerage firm in the New York, New Jersey Metro Area specializing in retail tenant and landlord representation. Welco Realty serves as the Exclusive Leasing Agent for landlords and developers throughout New York, New Jersey, Connecticut and Pennsylvania. Welco Realty represents over 30 national and regional tenants exclusively. For more information and contacts, visit www.welcorealty.com.
Welco Realty, Inc. is a member of X-Team International.
About UNIQLO and Fast Retailing
UNIQLO is a brand of Fast Retailing Co., Ltd., a leading global Japanese retail holding company that designs, manufactures and sells clothing under seven main brands: Comptoir des Cotonniers, GU, Helmut Lang, J Brand, Princesse tam.tam, Theory, and UNIQLO. With global sales of approximately 1.7864 trillion yen for the 2016 fiscal year ending August 31, 2016 (US $17.31 billion, calculated in yen using the end of August 2016 rate of $1 = 103.2 yen), Fast Retailing is one of the world’s largest apparel retail companies, and UNIQLO is Japan’s leading specialty retailer.
UNIQLO continues to open large-scale stores in some of the world’s most important cities and locations, as part of its ongoing efforts to solidify its status as a truly global brand. Today the company has more than 1,900 stores in 19 markets worldwide including Japan, Australia, Belgium, Canada, China, France, Germany, Hong Kong, Indonesia, Malaysia, Philippines, Russia, Singapore, South Korea, Spain, Taiwan, Thailand, U.K. and the U.S. In addition, Grameen UNIQLO, a social business established in Bangladesh in September 2010, currently operates several Grameen UNIQLO stores in Dhaka. UNIQLO manages an integrated business model under which it designs, manufactures, markets and sells high-quality, casual apparel. The company believes that truly great clothes should be supremely comfortable, feature universal designs, are of high quality and offer a superb fit to everyone who wears them.
With a corporate statement committed to changing clothes, changing conventional wisdom and change the world, Fast Retailing is dedicated to creating great clothing with new and unique value to enrich the lives of people everywhere. For more information about UNIQLO and Fast Retailing, please visit www.uniqlo.com and www.fastretailing.com.