Crain’s New York: Pearl River Mart Is Back!

We were excited to speak to Crain’s New York about our return. Due to a five-fold increase in rent, we shuttered our store at 477 Broadway in SoHo. However, in response to “apoplectic” New York shoppers, we decided to reopen with a more modern, streamlined selection in Tribeca. "It wasn't the store's time to go," our president Joanne Kwong told Crain’s.