(c) Ian Jindal
One Wall Street, New York, NY 10005

In a nutshell

A gallery-like French apartment dropped into Lower Manhattan, Printemps New York utilises curation, hospitality, and intimate, advisor-led service to reframe the department store as a sequence of joyful rooms rather than a floor of concessions.

In their words

"Continuing its reinvention and acceleration, celebrated French luxury department store, Printemps, opens their newest store in New York's vibrant financial district. Printemps New York will be located in the historic, 50-story landmark building, One Wall Street. As the next chapter of its brand transformation, this Printemps concept will offer a unique experience, blending a local touch with effortless shopping both in-store and online."

Source: Printemps website

Brand Background

Printemps was founded in 1865 by Jules and Augustine Jaluzot on Boulevard Haussmann in Paris, pioneering fixed pricing, early adoption of electricity and spectacular seasonal displays that helped define the Parisian grand magasin format. Over 160 years it has grown into a chain of around 20 stores in France and a small international footprint in Doha, with a focus on luxury fashion, beauty and lifestyle. A short‑lived franchised venture in Denver in the late 1980s closed after two years; the 2025 opening in New York is therefore framed as the brand’s first serious US flagship, intended to project its Parisian identity on a global stage.

The New York store opened on 21 March 2025, occupying 55,000 square feet over the first two retail levels of One Wall Street, a 1931 Art Deco skyscraper newly converted from offices to condominiums. Designed by French architect and interior designer Laura Gonzalez, the interior is conceived as a whimsical French apartment, featuring a sequence of rooms with distinct palettes and moods - from richly patterned salons to a green-tiled Beauty Corridor and a sculptural sneaker room - rather than long, anonymous aisles.

Wallpaper* describes it as “a dazzling New York outpost” where colour, historical detail and contemporary interventions are layered to create a sensorial, narrative environment housed within the building’s restored red‑and‑cream marble banking hall.

Strategically, Printemps New York is positioned as not a traditional concession‑driven department store. CEO Jean‑Marc Bellaiche has said that the US is “essential” to the group’s international strategy and that opening in New York offers “high visibility and growth potential,” but the operating model departs from the usual leased‑corner approach. BeautyMatter notes that in the Beauty Corridor there are no branded counters or vendor staff; all advisors are Printemps employees trained across brands, allowing for cross‑brand storytelling and more fluid clienteling. Across fashion, home and accessories, Printemps exercises tight control over product selection, privileging smaller designers, emerging labels and capsule collaborations that fit its narrative over the highest bidder for space.

Visit Field notes

For this store there's a positive and sceptical reading. First the positive...

Hospitality is woven throughout. On the main level, Café Jalu - named after founders Jules and Augustine Jaluzot - operates as an all‑day café, while Maison Passerelle, an 85‑seat fine‑dining restaurant by chef Gregory Gourdet, is positioned as an aspirant Michelin‑level destination with its own Broadway entrance. A separate wine and spirits shop, accessible from Broadway, extends the offer to include take-home indulgence.

There are theatrical gestural moments: a sneaker room where trainers are displayed like art objects, a circular shoe salon framed by mirrored columns, and fitting rooms styled like a modern Marie Antoinette dressing room, with polka‑dot carpets, triple mirrors and plush seating that make trying on feel like part of the spectacle.

Commentary from The Robin Report and specialists such as Retail Relates characterises Printemps New York as a “high‑concept experiential retail lab”, noting five articulated brand values: perpetual renewal, joyful spaces, mischievous play, deep curation and local engagement. Initiatives such as a “Friday Carpool Club” - encouraging groups from uptown to travel together to One Wall Street - and plans for cooking classes, book readings and pop‑ups underscore the intention to make the store a recurring destination rather than a one‑off visit.

Printemps New York is a particularly rich case study, as it demonstrates how an incumbent European department store can utilise a smaller, highly edited US flagship to test a new model centred on own-staff advisors, hospitality, flexible spaces, and ongoing programming in a non-traditional luxury district.

That said, there are some reservations. The store reads as an office conversion rather than an architectural destination, with the entrance slightly unsure of itself - is it an office or a Grand Magasin?

Once inside, the experience is a combination of "wow" (mainly as a result of the opulent finishes) and frustration, since the 'features' are small, higgledy-piggledy and feel somewhat contrived for Instagram rather than emerging after 160 years of love. The layout of the store is interesting and serpentine, allowing time to wander and learn the layout. However, for a mission-driven shopper (e.g., an evening dress, a glass of champagne), the experience is less than the whole.

Compared to the 5th avenue and uptown incumbents, Printemps wins on style, dressing and finish, although it doesn't compete on size, range and depth. There is space for both, of course, but it's an open question whether the formulation will deliver profits as well as presence once the initial fizz dies down.

Checkout

The store offers and interactive map for the key locations, and this also shows the higgledy-piggledy nature of the zones or areas. There's a lot of effort to cram a great deal of activity into a relatively small space. Entering from Broadway is the "main" entrance and so we'll take the flow from there: into the ground floor, up the escalator, along the first floor via the Beauty Corridor and down the stairs to the Red Room (and the Wall Street entrance).

Screenshot from Printemps' store finder at https://us.printemps.com/visit/wayfinding

 

(c) Printemps, from the Store website. Used with thanks.

(c) Printemps, from the Store website. Used with thanks.

(c) Printemps, from the Store website. Used with thanks.

(c) Printemps, from the Store website. Used with thanks.

(c) Printemps, from the Store website. Used with thanks.

(c) Printemps, from the Store website. Used with thanks.

(c) Printemps, from the Store website. Used with thanks.

(c) Printemps, from the Store website. Used with thanks.

(c) Printemps, from the Store website. Used with thanks.

Other Reading

LAST VISITED

06/11/2025

Added

2025

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