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Local Governments Move In On Retail Vacancies

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It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. It’s one approach to a growing retail vacancy issue that local governments are getting more aggressive in trying to solve. Backers of the tax position it as a solution to the increasing amount of empty retail space in the city.

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Walmart To Beef Up Its IT Staff By 2,000

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Walmart , the world’s biggest retailer, is gearing up to bring on 2,000 technology professionals during 2019 to support its operations in stores and online. Bloomberg , citing comments Walmart CTO Jeremy King made in a Bloomberg TV interview, said the hiring would increase the retailer’s IT staff by more than one fourth.

Arlington 137
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Amazon HQ2 Secures $51M Funding Vote In VA

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According to NBC News , the five-member Arlington County Board voted unanimously to approve the financial incentives despite some opposition to the package. Late last year Amazon chose National Landing, a location that is owned by Arlington County and the city of Alexandria, as its second headquarters in conjunction with New York City.

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Mall Chain Owner Considering Selling Off Its Malls

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The Cleveland-based firm says that it is “reviewing strategic alternatives for its retail portfolio.” According to Chain Store Age , this could mean shifting or significantly reducing its investment in the mall and retail center industry to instead focus on apartments and office buildings.

Arlington 100
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New Yorkers To Amazon: We Support Your New HQ

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They do have some trepidations, however, as polled residents were split over the finer points of the multibillion-dollar incentive package that was offered to lure the online retail giant to the area. The other HQ will be in Crystal City in Arlington County near Washington, D.C.

Arlington 100
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Blue Apron Sheds Customers, Eyes Brick-and-Mortar Push

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“Following an assessment of our operational structure in light of this progress, we identified an opportunity to further optimize our processes by transferring a substantial portion of our production volume from our Arlington, Texas facility to our largest and most efficient facility in Linden, New Jersey.”.

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Nordstrom Partners With Anthropologie To Offer Home Collection

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Nordstrom has announced a partnership with Anthropologie that will feature more than 200 items from Anthropologie Home at 15 Nordstrom locations, as well as online. The Fashion Centre at Pentagon City (Arlington, Va.); The new Anthropologie Home collection will be available starting March 19. Perimeter Mall (Atlanta, Ga.); percent.

San Diego 100