Headlines

Pandora Joins Retail Roster at 112 W. 34th St.

New jewelry store keeps Midtown complex fully leased.

Published

1 year ago

November 17, 2022

INSTORE Staff

A view into a Pandora store. Photography: Courtesy of Pandora

Global jewelry brand Pandora (Copenhagen, Denmark) has signed a lease to open a store at 112 W. 34th St. in New York, Empire State Realty Trust Inc. (New York) announced. Pandora will occupy a store previously leased to Swatch, bringing the complex back to full occupancy.

Located opposite Macy’s famed flagship and one block west of the Empire State Building, Pandora will join Sephora, Target and Foot Locker at the nexus of the 34th Street shopping corridor.

“The retail brands at 112 W 34th St. are some of our best-performing stores based on store foot traffic and retail sales,” said Fred C. Posniak, SVP, Leasing, at Empire State Realty Trust. “We are pleased to bring another great brand to the ESRT portfolio.”

The size of the Pandora store and its opening date were not disclosed by Empire State Realty Trust. Pandora jewelry is sold in more than 100 countries through 6800 points of sale, including more than 2600 concept stores.

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”