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Pandemic Puts Retail And NRF On Front Lines Of New Surge In Cases

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The development of a COVID-19 vaccine is positive news for retailers as they find themselves once again on the front lines of the surge in the pandemic. During the first series of lockdowns in April and May, “essential” retailers were allowed to stay open. If a retailer sold food, it was essential. On Tuesday (Nov.

Retail 141
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Big US Mall Operators Look To Sports Entertainment For Growth

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Malls are not exactly the hotspots of coolness and retail activity they once were. But operators of some of those shopping destinations continue to wield investment power as malls undergo remakes for the 21 st century. retailers so far this year than in all of 2018. is still operating, but renovations will start later this year.

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JD Sports Purchases California-Based Shoe Palace

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Also, the Mersho Brothers, who operate Shoe Palace, have been issued equity in Genesis so that they will have 20 percent ownership of the enlarged group in the U.S. The chain currently has 167 retail locations, most of them operating under the Shoe Palace flag. 31, 2019, according to the announcement.

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Can Real Estate Provide A Lifeline for Physical Retail?

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Might Macy’s be a better landlord than retailer? That thought seems to be floating around in recent days, as investors took kindly to the chain’s apparent plan to build what CNBC called “an office tower on top its flagship New York store.”. million square feet of retail space. Department stores across the U.S. Macy’s Woes.

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Industry Slant // Bo Berg Talks Giant Schnauzers, DJing, Financial Services

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BB : I was an exchange student in Las Cruces, New Mexico. MM: So, after some time in New Mexico, you went back to Denmark. With the world opening back up and investments coming back, I feel we’ve really geared ourselves to face new challenges. Madeline McDermott: First things first. Where were you born?

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

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Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

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Mall Space Finds New Life As Tech Company Workplaces

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Malls are finding new life as offices for tech companies, as developers are repurposing space formerly held by retail tenants into workplaces with high-end amenities for firms like Google. is still operating, but renovations will start later this year. million square feet of retail space. and Macerich Co.,