Company News, Marketing News

Space NK Is Out in US

Closing all retail outlets to focus on wholesale business.

When it comes to its US retail operations, Space NK is out. The specialty retailer is closing all eight US stores, and will instead focus on its wholesale business in the US, which includes partnerships with Bloomingdale’s and Nordstrom. The stores will close as leases expire, or will be assigned or sublet, according to a company spokeswoman. The retailer was founded in London by Nicky Kinnaird in 1993. The company opened stores in Manhattan, Brooklyn, Connecticut and San Francisco and Brentwood, CA.

As the chain expanded, it was acquired by Manzanita Capital in 2002.

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