Tuesday, June 30, 2009

The Closing of Greenwich Avenue, Cont'd.

Word comes today via the Connecticut Post that Best & Co. is in bankrupcy. Local resident Susie Hilfiger bought the brand and opened the store a dozen years ago, and then sold it two years ago to FAO Schwarz (the founder of which used to live in Greenwich, where his mansion and property are now part of the campus of Greenwich Country Day School). Schwarz was bought out by Toys 'R' Us, which has thrown Best & Co. under the bus.

Long story short, yet another gaping hole in the increasingly toothless facade of Greenwich Avenue. Who's next? Stay tuned....


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