10/26/2016
By Ivan Pereira
One of Manhattan’s most famous department stores is making a comeback next month.
The Pearl River Mart announced Wednesday that it will open a pop-up shop in mid-November at 395 Broadway, four blocks south of its previous location that shut down in March.
The 8,000-square-foot location, which will sell home furnishings, art and other goods from Asia, will close after about a month for renovations and reopen permanently in May, according to its new president Joanne Kwong.
Kwong, the daughter-in-law of the store’s founders Ming Yi Chen and Ching Yeh Chen, said while the new space is a fraction of the 30,000-square-foot SoHo spot, it will still offer customers the same goods and service that the store has been known for since its 1971 opening.
“My team and I are thinking big, local and digital,” she said in a statement.
Owners closed the SoHo store and became a digital retailer due to rising rent costs.
Kwong said the new store will showcase items made by Asian-Americans and host curated events and exhibitions.