Check Out Line: Penney pinching in Manhattan

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Check Out Line: Penney pinching in Manhattan
Check Out J.C. Penney’s new store in Manhattan. On July 31, J.C. Penney will open its first Manhattan store in the midtown area, promising to deliver trendy yet affordable items for New York’s notoriously savvy shoppers. Penney is taking direct aim at rival Macy’s, whose flagship Herald Square store is a block away. In fact, the department store chain, which signed the lease for the space in December 2007 just as the U.S. slipped into recession, hopes the store will give its sales a much-

Hip Hop Soda Shop Building on Auction
The building that housed the Hip Hop Soda Shop, among other businesses, was up for auction this week but the highest bid was rejected by the owner. Tough times all around. Related ProHipHop Coverage: Hip Hop Soda Shop Slips Into Dead Pool

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