As expected, Amazon announced two new headquarters on the East Coast, one in Long Island City, NY and one in Arlington, VA, with plans to invest $5 billion and create more than 50,000 jobs. This ended a 14-month process that had 240 U.S. cities selling themselves and offering huge incentives. See details of the two new locations as well as plans for a center of excellence in Nashville.
bebe stores and Bluestar Alliance have acquired the Brookstone brand and related assets, with plans to sell Brookstone products through retail partnerships here and abroad. Brookstone had announced the closure of 101 stores when it filed Chapter 11 in August. Here is what bebe’s CEO had to say about the deal.