Intermix to Open Two New NY Stores

Gap Inc. officially acquired Intermix for a whopping $130 millon. WWD reported this morning that the deal officially closed on December 31st. Inside that story of numbers and mutual beneficial reasons for the deal was the news that Intermix will be opening two new New York stores.

The first new store will open this spring on the Bowery. Back in August, the rumor was that the company was looking at a space currently occupied by the bodega Steve's on the Bowery. Now it's been reported that the store will open on the Bowery, but no set location has been announced. It as also been announced that a Brooklyn location will open later this year, although no firm details have been revealed. Downtown Brooklyn would make sense with the "retail renaissance," thanks to the Barclays Center, but we'll have to wait and see.