All those vacancies in turn have meant that temporary leases are a real bargain, and Spirit Halloween opened more than 1,400 storefronts nationwide during the first pandemic Halloween season in 2020, more than the previous year. Not so long ago, chain pharmacies and bank branches were considered the unkillables of New York City retail, but even those have been disappearing of late. Some of the SaksWorks locations will also open in former Lord & Taylor stores, which are owned by Saks’s parent company Lord & Taylor went bankrupt and became an online-only business last year. Though department stores don’t make ideal offices - no daylight, bad layouts for rows of desks - the companies said they planned to add plants and artwork to make the spaces more inviting. But Saks itself isn’t doing so well: Yesterday, the department store announced that it would be partnering with WeWork to open co-working spaces in its stores, creating a new venture, awkwardly named SaksWorks, to make use of its excess brick-and-mortar space. After Barneys’s bankruptcy in 2019, its new owner planned to open pop-ups in Saks Fifth Avenue stores, pairing up with an old rival. The past year and a half has, unsurprisingly, accelerated the shift to online shopping. Their annual appearance is not just a sign that Halloween is right around the corner but a reminder of beloved businesses lost.Įven before the pandemic, department stores were struggling. In years past, Spirit Halloween pop-ups have taken over storefronts once occupied by beloved New York institutions like Ricky’s. 1 Halloween costume store” takes over vacant retail spaces for a few weeks every autumn, selling flimsy costumes, decorations, and party supplies for a few months. A post shared by Lauren Zelisko like an opportunistic infection (but more useful, if you happen to need plastic vampire fangs), the “No.
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