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New York City Mulls Fur Sales Ban

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Following the lead of other municipalities, New York City could be going fur-free with a proposed law on the horizon. Council Speaker Corey Johnson recently introduced a bill to ban companies from selling fur apparel in the city, which comes after similar efforts in cities such as West Hollywood, Calif.,

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New York City Sees Lower Rents Due To Pandemic

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The New York City real estate market, battered like other economic sectors by the coronavirus pandemic, is seeing lower rates than it has in almost a decade. That has sent rents falling steeply with no signs of turning around soon.

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Retail Rents Plummet In NYC As Vacancies Rise

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Retail rents have plummeted to historic lows in New York City amid the COVID-19 pandemic, as bankruptcies and vacancies penetrated the area, CNBC reported on Friday (Jan. SoHo was part of the roughly eight areas in the city that saw their lowest average asking rents in at least a decade.

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Walmart Bringing Same-Day Delivery To New York City

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s Jet.com unit is getting into the same-day grocery delivery market, gearing up to offer the service in New York City. Jet told Bloomberg the new fulfillment center will result in the creation of hundreds of new jobs. Landsman had previously headed marketing at E-Trade. Walmart Inc.’s

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Starbucks To Open Pickup Location In New York City

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As the company modernizes and reimagines the customer experience in stores located in high-traffic metropolitan areas, Starbucks plans to open a Starbucks Pickup store in New York City on Tuesday (Nov. said Starbucks Vice President of Urban Markets Katie Young. “By

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Reseller Market Maintains Momentum With Nordstrom’s Entry

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While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020. Nordstrom joins other department stores in the resell market. More data on the market comes from sneaker and streetwear reseller StockX. We like the handle.

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Dutch Retailer Ahold Delhaize Acquires Majority Stake In FreshDirect

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Dutch retailer Ahold Delhaize — owner of grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect amid an online shopping surge propelled by COVID-19. “We FreshDirect gets a parent with real buying power and the means to further expand in East Coast markets.”.

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