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Stock impact report

Danny Meyer Returns A Revolving Restaurant With Flair At The View In Times Square [Forbes]

FAST RETAILING UNSP/ADR (FRCOY) 
NASDAQ:AMEX Investor Relations: fastretailing.com/eng/ir
Company Research Source: Forbes
hotel itself has long been an intimidating behemoth where simply finding the entrance, exit and elevators can be daunting, and that Times Square, while no longer tawdry, has been taken over by hordes of tourists looking up at the fifty-foot LED screens advertising Broadway musicals and UniQlo and Sephora ads. The hotel and restaurant opened in 1985 at a time when revolving restaurants were already falling out of favor after becoming totems of the 1960s, the first being La Ronde in Honolulu's Ala Moana shopping center back in 1961 and followed by imitators from Indianapolis to Houston, from Rochester to Detroit. Most closed after the novelty wore off, or, as happened in Atlanta and Dallas, they had serious accidents. The Marriott Marquis's had a good run before limping to closure in 2021. Yet when approached about the prospect of getting the restaurant up and spinning again, Master restaurateur Danny Meyer––originally a kid from the Midwest who's always had a streak of nostalgia to Show less Read more
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