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RackedWire: Friday is Haggle Day at Babel Fair; J.Crew Weddings and Coach Reed Krakoff Plan UES Shops

Want this crocheted necklace at Babel Fair? You're going to have to bargain.
Want this crocheted necklace at Babel Fair? You're going to have to bargain.

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NOLITA—There ought to be a word that means "gimmick" but doesn't have the same negative connotations. Until someone invents one, though, we're just going to continue being wordlessly impressed with cute new boutique Babel Fair's continual ability to distinguish itself from many equally cute neighbors. While every other store in Manhattan has decided to knock 15% or 25% or 40% off merchandise for Black Friday, Babel Fair has declared the occasion Haggle Day. "Give us your best shot," says their email announcement. If you're an expert bargainer, now's your time to shine. [Racked Inbox]

UPPER EAST SIDE—Two new editions to the rotating retail carousel that is Madison Avenue: J.Crew plans to open its first weddings-and-parties shop at Madison and 66th, the former home of Krizia. Meanwhile, Coach just signed a lease for their first Coach Reed Krakoff store, which will bring the new brand's clothing and accessories to the former Miu Miu space on Madison between 69th and 70th. [NYP]

260 Elizabeth Street, New York, NY