Madison Avenue Spy"> clock menu more-arrow no yes

Filed under:

Steuben Glass Officially Leaves New York After Over 100 Years

New, 1 comment
Image via <a href="http://madisonavespy.blogspot.com/2011/10/steuben-liquidation-sale.html">Madison Avenue Spy</a>
Image via Madison Avenue Spy

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

On Friday, the Steuben Glass store at 667 Madison Avenue closed for good, as the company is shuttering due to declining sales. After 108 years, Steuben's parent company Schottenstein Stores Corporation announced that it would be closing the company's factory in Corning, New York, laying off employees, and shuttering the brand's Madison Avenue flagship.

The Times reports that there's more of a demand for fancy crystalware than you might think, as the store was packed on its last day. "...Panic set in among shoppers suddenly aware that the 50 and 70 percent markdowns were no seasonal stunt. As the final minutes ticked down, the store filled with anxious shoppers. Nearly 600 Internet orders were logged in under an hour."
· A Clearance on American Icons [NYT]
· Steuben Glass [Official Site]

Steuben Glass

667 Madison Avenue New York, NY