WeWork news and archive

WeWork to launch co-working spaces at select Saks stores

Hudson’s Bay Co, the parent company of Saks Fifth Avenue, will be converting some of its department store space into WeWork co-working spaces. This comes as more companies are looking for hybrid models of combining remote work with office space, and are taking a different approach from leasing long-term office space. Five co-working office...

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Retail

Company behind co-working space WeWork launches retail concept in NY

We Company, the company behind co-working space WeWork, is serious about blurring the lines between workspace and retail. After partnering up with Rent the Runway to allow customers of the fashion rental service to pick up garments at WeWork locations, the company has now launched Made by We, a new retail concept in New York featuring a cafe, a...

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People

Rent the Runway appoints WeWork CEO to Board of Directors

Rent the Runway has announced the election of Artie Minson, President and CEO of coworking rental space chain WeWork, to its Board of Directors, following a partnership between the two companies. Since October, WeWork locations across the United States feature Rent the Runway drop-off boxes, allowing its customers to immediately return rented...

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Management

HBC sells Lord & Taylor flagship to WeWork for 850 million dollars

The Hudson's Bay Company (HBC) has sold Lord & Taylor, the oldest luxury department store in the US to WeWork Companies. On Tuesday HBC announced a series of strategic transactions with WeWork Companies, Rhône Capital and an affiliate of WeWork Property Advisors, a joint venture between WeWork and Rhôn. The deals include an equity investment by...