Apple's Iconic Fifth Avenue Store Moving to Temporary Location on January 20 During Renovations

Discussion in 'MacRumors.com News Discussion' started by MacRumors, Jan 5, 2017.

  1. MacRumors macrumors bot

    MacRumors

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    In June 2015 it was reported that Apple would renovate its iconic Fifth Avenue retail store, temporarily relocating its operations to the vacated FAO Schwarz toy store in the General Motors Building. A MacRumors reader spotted a new sign in front of the iconic store that reveals the relocation will happen on January 20.

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    FAO Schwarz vacated its location in the General Motors Building in July 2015 due to the rising cost of rent. The space is just a couple feet away from the iconic glass cube, making the relocation largely seamless for frequent customers of the Fifth Avenue store.

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    Apple's Fifth Avenue store and the former FAO Schwarz space, far right (Flickr)

    While the extent of the renovations at the Fifth Avenue store are unknown, the company has been expanding or relocating a number of its older stores to accommodate increased foot traffic. The Fifth Avenue location was last renovated in 2011, when larger, more seamless panes of glass were installed. The renovation was completed in November 2011.

    Ahead of the closure, the store will have reduced hours of 6:00 a.m. to 11:59 p.m. on January 16-18. The location is usually open on a 24 hour, 365 day basis.

    Article Link: Apple's Iconic Fifth Avenue Store Moving to Temporary Location on January 20 During Renovations
     
  2. pat500000 macrumors 603

    pat500000

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  3. Arran macrumors 68040

    Arran

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    #3
    Too many clever words on that sign when a simple arrow would've sufficed (especially considering the number of non-English-speaking tourists that must visit that iconic store)
     
  4. Tech198, Jan 5, 2017
    Last edited: Jan 5, 2017

    Tech198 macrumors G3

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    #4
    lol...> Good sign... You can use an app to translate sign into your own language if needed.

    or if u have a human translator nearby, even better :D
     
  5. Korican100 macrumors 6502a

    Korican100

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    I wonder what the renovations will entail. Everytime i went in there, I noticed people use that place like a city park. there are just people sitting down in there just to read books, chat with friends, or take a break from walking in the city. And not to talk about all the homeless people checking their emails lol.
     
  6. DevNull0 macrumors 65816

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    #6
    I wonder if they're going to flatten the cube into a single sheet of glass flush with the ground level.

    It will be courageously thin and think of all the money Timmy will make recycling the glass cube.
     
  7. TMRJIJ macrumors 68020

    TMRJIJ

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    #7
    Hmmm..."We're still here. Just over there."
    *glass and walls break*
    They lied to me!
     
  8. 2010mini macrumors 68040

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    #8
    Well it's a good thing then they will be vacationing in a city, where just about every language is spoken.
     
  9. ThatGuyInLa macrumors regular

    ThatGuyInLa

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  10. DotCom2 macrumors 68030

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    Gosh, I wonder how long the renovations will take.
    I was planning on seeing the iconic building this September.
    If they are moving their whole store temporarily, sounds like it will take a long time.
    :(
     
  11. theipodgod16 macrumors 6502

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    #11
    I worked in that store from 2010-2011. Even back then, the traffic and crowding was unbelievable. Each week, the FDNY would send a fire inspector to see if there were more people than was safe, in case a fire broke out. And each week, they were far over the legal limit. Apple didn't give a ****; they paid the fine each week.
     
  12. laudern macrumors 6502a

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    Tim has decided there are too many doors and is showing the courage to remove all of the fire doors and only have one main door. But you can attach many velvet ropes to get people to go in different directions from that one door.
     
  13. Mac Fly (film) macrumors 65816

    Mac Fly (film)

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    Ive and Angela Ahrendts are doing some stunningly amazing work with the new stores. Much nicer than the stainless and glass designs ever were considered. The marble, the stone, the colours, the circular leather seat pod planters with trees in them, the hidden technology for opening all kinds of things, the green walls, the open atmosphere, the minimalism, the lack of gaudiness, the elegant large display at the rear. I love it. I honestly think this is very important design work and believe it will influence our world physically and emotionally in the coming decades thanks to Apple upping the bar.
    --- Post Merged, Jan 5, 2017 ---
    The location is described perfectly well.
    --- Post Merged, Jan 5, 2017 ---
    Let's all laugh at homeless people. MacRumors hasn't lost it.
     
  14. Glassed Silver macrumors 68000

    Glassed Silver

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    #14
    They better hurry! I'll be in New York in March and last time (and my only time) that I have been to NYC (2008) I couldn't actually get to the Store even though I very much tried to... Oh those were the times of young me trying to find the damn thing in a short time during a parade where crossing the street to look around on the other side took 20 or more minutes.

    I'll make it this time after only having it seen from the outside.

    I don't anticipate to only - if even - witness their restructured concept and not the mostly original concept.

    Damn it.

    Glassed Silver:mac
     
  15. gigapocket1 macrumors 6502a

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    #15
    I know its Apple's iconic store but I find the that the store in Grand Central Station is more impressive
     
  16. wozmatic macrumors 6502

    wozmatic

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    #16
    Does this store make profits?

    I'm sure the rent at that location is pretty high, but having that location itself is worth it for advertising sake.

    But advertising aside, does it make profits?
     
  17. BruceEBonus macrumors 6502a

    BruceEBonus

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    #17
    Move along now. Nothing to see here. Literally!
     
  18. macribas macrumors member

    macribas

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    #18
    Great point. Isn't this supposed to be an "iconic" store?
    --- Post Merged, Jan 6, 2017 ---
    And that of course made for a horrible shopping experience. I've been to many Apple Stores in my life, and this was the worst. The noise itself is unbearable.
    --- Post Merged, Jan 6, 2017 ---
    Honestly, the only iconic thing about it is the Apple logo in the glass cube. The store itself was nothing special. Hopefully the cube will be there when you visit.
     
  19. DanielDD macrumors regular

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    #19
    You think this sign is too complicated for non-English-speaking tourists? Try making them use the subway.
     
  20. chr1s60 macrumors 68000

    chr1s60

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    Perfect example for anyone new to Macrumors as far as what to expect in the forums. People will criticize Apple over the most ridiculous things and rarely is anyone happy.
     
  21. Constable Odo macrumors 6502

    Constable Odo

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    #21
    I know Wall Street and the myriad Apple-haterz continue to claim Apple is going out of business quite soon but these sort of things Apple is doing isn't quite indicative of a company going out of business. A company wouldn't keep renovating old stores and adding new stores at this rate. You can tell how Sears, J.C. Penney and Macys are having a financial crisis as they sell off stores and dump employees. Where is that happening at Apple. It's true I don't really know if Apple is having a financial crisis but spending more money on expansion wouldn't make any sense if they did have a crisis. So what is it that Wall Street knows that I don't? Of course, I also don't understand why Yahoo's share price continues to rise while the company's fundamentals are quite crappy. Yahoo has an EPS of -5.1 and yet the stock has risen over 25% this past year. Apple has an EPS of about 8.3 and the stock has risen just 3% in 2016. I just don't get it. There are so many mixed signals with Apple so it's hard to tell who's telling the truth about the company. If Apple were in financial trouble they shouldn't be doing any renovations or expansion.
     
  22. MICHAELSD macrumors 68040

    MICHAELSD

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    #22
    I was wondering this as well. I'd imagine the store makes a lot of its sales from foreigners purchasing in the U.S. to save money compared to the inflated prices in many countries.

    Apple has the marketing budget to retain the store for well beyond our lifetimes. It's their flagship iconic NY store. Even if they broke even profit-wise it's an excellent deal for them for all the marketing it provides.
     
  23. chr1s60 macrumors 68000

    chr1s60

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    #23
    Apple isn't going out of business, nor are they anywhere even remotely close to what it would take for them to shut down. That is something said by the 1-5% of the tech population that come on these sites and forums because they are angry the MacBook, iMac or iPhone didn't have the feature or specs they wanted or because they prefer another brand product and want to make Apple seem like they are in trouble. On a general consumer level, Apple is doing just fine.
     
  24. MICHAELSD macrumors 68040

    MICHAELSD

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    #24
    Did some digging for data:

    "Apple’s Fifth Avenue emporium probably has annual sales of more than $350 million, said Jeffrey Roseman, executive vice president of real- estate broker Newmark Knight Frank Retail. The location is 10,000 square feet, putting its sales per square foot at a minimum of $35,000, based on Roseman’s estimate.

    Those sales trump tony jewelry sellers along the famed street — currently earning about twice as much: Tiffany & Co. rakes in just $18,000 per square foot, Harry Winston between $12,000 – $13,000."

    Abercrombie pays annual rent of $12.5 million for a 25,000 square foot shop on Fifth Avenue. Apple probably pays more per square foot for its more prime location but regardless they are turning a serious profit in a location with incredible marketing value.
     
  25. Relentless Power macrumors G3

    Relentless Power

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    #25
    Pathetic, isn't it? I like to get into a debate and discussion as many others on here, but the volatile hate that people spread on this site is absolutely overwhelming towards Apple. I don't agree with everything how Apple regulates, conducts or handles certain situations, but I certainly don't come on here and Vehemently rip every possible negative comment against Apple. Most of those who do that, have nothing to contribute to the actual article or topic of discussion. It amazes me how technology can seriously devastate somebody's personal life where they are so bitter and angry at them selves or Apple for inconveniencing them.
     

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