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Now that it's been confirmed that Burberry will vacate its 1705 Walnut Street store this Saturday, we did a little digging to see who's slated to scoop up the space. Turns out, Michael Kors is headed for the prime Rittenhouse Row storefront, Larry Steinberg, president of the Rittenhouse Row Merchant's Association, tells us. Michael Kors will occupy both floors of the recently-sold building (which has yet to settle), with an anticipated opening in spring 2014.
Contrary to our speculations a couple months back, Juicy Couture won't be turned into a Kate Spade store. Instead, rumor has it that the high-traffic corner spot at 17th and Walnut will become a J.Crew Men's, inspired by the success so far of Walnut Street's new Madewell, which opened last fall.
Some more juicy retail news: 1) Steinberg hints that the first floor tenant of the new 15th and Walnut building will be "sort of retail," but not apparel. A drugstore, perhaps? 2) The old Puma space has yet to find a tenant. 3) Scotch and Soda was, at one point, scouting locations in the Rittenhouse Square area, but no concrete news yet.
More to come shortly, so stay tuned for updates.
· Burberry Walnut Street to Close This Saturday [Racked Philly]
· Breaking! Uniqlo Opening Two Philly Area Store Locations [Racked Philly]
· Madewell's Head of Design Picks 5 Must-Haves for Fall in Philly [Racked Philly]
· All Storecasting posts [Racked Philly]