New York City already has two Tiffany & Co. stores, but the company is planning to open a third in September 2012.
According to Reuters, Tiffany & Co.'s recent large sale gains and an increase in NYC tourism fueled the decision to open up a third store in Manhattan's trendy SoHo district. The store's opening will take place around the same time as the company's 175th anniversary.
The fine jewelry store will be 7,000 square feet, which is much larger than the average planned for Tiffany & Co.'s new stores. Most of the more recently built venues are only about 3,500 to 4,000 square feet.
The store on Manhattan's Fifth Avenue is 45,500 square feet and has accounted for 8 percent of Tiffany & Co.'s total sales in 2010, according to the news source. The other NYC store location is in the Wall Street area and there are currently 98 other Tiffany & Co. stores operating in the U.S.
If you can't wait until 2012 to check out the new store, consider opting for a vintage Tiffany & Co. piece, like a diamond wedding band or a vintage gold watch.
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