Community, Diversity, Sustainability and other Overused Words
Just as retail has moved increasingly online, rents in Santa Monica have risen
BOSTON, MA (9/22/17) – giggle, inc. – a retailer offering the best in high-end baby products will be closing its store locations within the next several weeks. The company has 4 locations, one of which is at 2212 Wilshire Blvd in Santa Monica.
The closing is a symptom not only of US retail moving online, but also of high rents in Santa Monica, and other high end retail locations. It is a curious paradigm that just as retail has moved increasingly online, rents in Santa Monica have risen.
Store closing sales begin Saturday, September 23, at all remaining giggle store locations - offering shoppers deep discounts on best in class baby and juvenile products. The sale is being conducted by Boston-based Gordon Brothers, on behalf of the assignee appointed to liquidate the company's assets. All inventory will be discounted up to 50% off, including: gear, bedding, nursery furniture and decor, apparel, and accessories.
"This sale offers loyal giggle customers the opportunity to purchase their favorite products at never seen before discounts. Due to these significant reductions, customers are encouraged to shop early and take advantage of the additional savings as it is expected to be a very short sale with opening discounts of up to 50% off original prices," said Bob Grosskopf, Co-President, Gordon Brothers, Retail.
Store locations are:
New York, NY - 352 Amsterdam Ave, New York, NY 10024
Denver, CO - 3000 East 3rd Ave, Unit 15, Denver, CO 80206
Santa Monica, CA - 2212 Wilshire Blvd, Santa Monica, CA 90403
San Francisco, CA - 3435 Sacramento St, San Francisco, CA 94118
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