Retail Archives | Page 25 of 33 | CREtech
Kroger Co. is setting up an e-commerce marketplace open to third-party vendors, part of the grocery-store operator’s bid to wrest web sales away from giants like Amazon.com Inc. and Walmart Inc. The owner of the Fry’s and King Soopers chains is working with online commerce special...
As a first-time attendee at the CREtech Global Summit, I was anxious to immerse myself in the real estate tech world at a conference center in Austin, TX. As with every other event like this, postponing and then eventually switching it to online-only was the safest choice. Fortunately, the organizers did a good job by putting together a schedule of top-notc...
The largest mall owner in the U.S. has been in talks with Amazon.com Inc., the company many retailers denounce as the mall industry’s biggest disrupter, to take over space left by ailing department stores. Simon Property Group
Call it the great retail wash. A wave of defaults, bankruptcies and evictions expected in cities across the U.S. is poised to remake the retail landscape across the country, but there may be some upside for consumers and small businesses.
Urban office markets and other commercial real estate in major cities are experiencing their worst stretch in decades, upended by the pandemic, changes in work behavior and struggling city economies. Tourism in most cities
Going forward, Sharon White, the relatively new CEO, expects John Lewis department stores to generate 60% of business from online compared to the pre-coronavirus level of 40%. Retail floor area will shrink but they want to ‘put excess space to good social use’. Warning that retail margins are too thin, the business is looking at expanding its financial services offering and venturing into new ...
The Paris mayor, Anne Hidalgo, has made phasing out vehicles and creating a “15-minute city” a key pillar of her offering at the launch of her re-election campaign. The Socialist politician wants to encourage more self-sufficient communities within each arrondissement of the French capital, with grocery shops, parks, cafes, sports facilities, health centres, s...
Shopify Inc. nearly doubled its revenue in the second quarter, crushing analysts’ estimates as a flood of merchants moved their businesses online during the coronavirus pandemic. Sales grew 97% to $714.3 million from the same quarter a year ago, Ottawa-based Shopify said in a
