Retail Archives | Page 24 of 33 | CREtech

Lauren August 27, 2020
The shift to online shopping has accelerated in the COVID-19 pandemic, but today Amazon  made a bold move that underscores its belief that physical stores will remain a key component of how consumers shop. In the Los Angeles neighborhood o...
Lauren August 27, 2020
Google today announced a new hospitality solution with Google Assistant on a Nest Hub tailored for hotel guests to make service requests, check out, play music, make calls, and more. It’s the company’s answer to 
Lauren August 26, 2020
Retail landlords are including pandemic language in new leases, a previously rare feature as tenants seek protection after the first government-mandated coronavirus shutdowns in March complicated their negotiations for rent relief. Because many insurance policies didn’t cover pandemic-related losses, landlords have offered various concessions to attract and retain tenants, including allowing the...
Lauren August 24, 2020

Catie McKee was nervous. It was last October, and the 31-year-old hedge fund analyst, who had been scrutinizing the mortgages on the nation’s malls, was convinced that some of those malls would default on their loans. She and her colleagues had even bet a substantial amount of money on that likelihood.

Lauren August 20, 2020
Mall owner Simon Property Group is pursuing an unorthodox business strategy, smashing the foundation of the traditional industry model on the one hand while trying to glue certain elements of it back together with the other. Simon has been in talks with Amazon.com
Lauren August 19, 2020

Changi features a three-screen movie theater, an indoor butterfly garden, a rooftop pool and inventive eateries that attract as many locals as travelers.

Lauren August 18, 2020
Amazon is planning to expand its offices in six major U.S. cities, just weeks after announcing plans to double down on its fulfillment centers and warehouses
Lauren August 13, 2020

As consumer shopping habits change, America's shopping malls have anointed many saviors: food halls, movie theaters, gyms. Grocery stores could be next on the list. Simon Property Group, the largest mall owner in the U.S., hinted at the idea on an earnings call Monday evening.

Lauren August 13, 2020
A handful of warehouse robots helped American Eagle Outfitters Inc. cope with a flood of online orders during coronavirus lockdowns as consumers loaded digital shopping carts with hoodies, leggings and loungewear. Now the company is stepping up its use of automation. The company is installing 26 more...
Lauren August 13, 2020
Recreational Equipment Inc. is looking to sell its custom-made new headquarters and allow employees to work from home or other offices, the latest sign that the pandemic is driving companies to ditch central offices to raise cash. The retailer, known as REI, was poised to open the new Seattle-area headquarters this summer after creating a unique building that reflected  the company’s outdoorsy ...