Tiffany & Co. plans to renovate and reconfigure its New York City flagship store. Changes include the conversion of one floor from administrative offices to retail space and of two floors now used for offices to space for customer service, public exhibition and special events. The changes will increase Tiffany's retail selling area by 25%. Beginning in January, Tiffany also will extend its store hours to include Sundays from 12 - 5 p.m.
When the renovation and reconfiguration is complete, the main floor will continue to offer fine jewelry, and the Jean Schlumberger Salon will remain on the mezzanine. Engagement and bridal jewelry and important jewels will be located on the second floor, and sterling silver jewelry, hollowware and gifts will move to the third floor. The new fourth floor will hold designs for the home, and the fifth floor will be reserved for exhibitions and private selling salons. Customer service will be located on the sixth floor, with a dedicated elevator for convenient access.
"In creating a more spacious and inviting store environment and enhancing operations, we are strengthening our commitment to providing every customer with a superior shopping experience," says President and CEO Michael J. Kowalski. Construction will take place over the next three years while the store remains open.
- by Julia M. Duncan