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News:

J&R

J&R
Type Private
Founded 1971
Headquarters New York, New York
Products Retail - Electronics
Website JR.com

J&R is a well-known retail store in New York City, located on Park Row, across from New York City Hall.[1] J&R stands for Joe and Rachelle Friedman, the founders, who established the company in 1971.[2][3] The heavily trafficked store has expanded from selling LPs to the current umbrella encompassing J&R Music World and J&R Computer World, selling everything from VCRs to the latest electronic gadgets.[4]

J&R also had a location at Columbia University, which closed in 2003.[5] J&R has now opened a J&R Express at the bottom level of Macy's Herald Square.[6]

Online sales

With the main J&R location just a block from the World Trade Center site, the company lost millions of dollars of electronic equipment due to the September 11, 2001 attacks.[5] But, the company's growing online sales helped sustain the company. J&R has an Amazon Marketplace agreement with Amazon.com to sell merchandise through that channel, in addition to its own online store.[7]

Summerfest

Since the summer of 2002, J&R has sponsored an annual music festival in City Hall Park, featuring R&B and other performers. In June 2007, Summerfest performers included Mario, Bobby Valentino, Tank, Carl Thomas, Collie Buddz, and Canadian Brass.[8][9]

References

  1. ^ Jr.Com: About J&R Music And Computer World
  2. ^ "Small Businesses Struggle to Recover", Associated Press, September 4, 2003. 
  3. ^ Cave, Damien. "Who's Afraid of the Big, Bad Elephant?", The New York Times, August 28, 2004. 
  4. ^ Jr.Com: J&R In The News
  5. ^ a b Iosifescu, Alice. "J&R Computer World Departs; Campus Location Is Still Empty", Columbia Spectator, February 11, 2003. 
  6. ^ Macy*s - Our Stores - Events - Events
  7. ^ Wolf, Alan. "J&R Adds Retail Space As Web Sales Rise", TWICE, November 22, 2004. 
  8. ^ "LIV WARFIELD TO PERFORM AT J&R SUMMERFEST: Singer to Take the Stage Along With Mario, Carl Thomas and More.", Eurweb.com, June 14, 2007. 
  9. ^ "FAIRS, FESTS, ETC...", New York Post, June 15, 2007. 
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