Retail Archives | Page 32 of 33 | CREtech
As we cross the 45-day mark since the COVID-19 health crisis emerged in the U.S., the immediate impacts on the PropTech industry have crystallized. Real estate operations have changed in fundamental ways – office spaces have been vacated; warehouse and distribution centers have continued operations but supply chain issues and employee health concerns are prevalent; retailers, other than the limi...
The workers, most of them dressed in Ferrari-red factory outfits, stood at least three feet apart as they filed into the company’s medical offices. There, health care workers drew blood for the tests. Eight hours later, they were to be notified of the result of the so-called antibody, or serology, tests—designed to
As businesses begin to reopen in China and life slowly returns to its streets, the retail industry in the U.S. may look to the country for guidance on what the post-pandemic world looks like and how to adapt to the new reality.
In the breakroom at an Amazon.com Inc. warehouse in Hazle Township, Pennsylvania, a PowerPoint presentation playing on repeat shows people in hazmat suits making their way through the giant facility, spraying disinfectant. The video is followed by an explanation in English and Spanish. Nearby, televisions broadcast messages of thanks from employees and customers.
WeWork’s flexible office business is asking for rent cuts and battling to cut liabilities, and the company failed in its effort to go public in September 2019, leading to the ouster of mercurial co-founder Adam Neumann. But its property investment arm is still bringing in a lot of cash to make new investments.
Barely a year ago Hudson Yards, the new $25 billion neighborhood of tall glass towers on Manhattan’s West Side, was celebrating its grand opening. It featured a seven-story retail mall, as well as stylish restaurants, a park, a huge climbing structure and two towers of expensive condominiums.
Simon Property Group, the biggest operator of malls in the United States, has come up with a game plan for reopening 49 shopping centers across 10 states starting on Friday.
Instacart Inc. more than doubled the number of people who pick and deliver groceries to customers over the last few weeks and said it will add an additional 250,000 in the next two months, a response to unprecedented demand for the service.
As America’s attention turns to reopening its economy, many businesses are deploying a range of tactics to attempt to shield their workforces from the coronavirus. For the most part, they are making it ...
Amazon has started to use thermal cameras at its warehouses to speed up screening for feverish workers who could be infected with the coronavirus, employees told Reuters. The cameras in effect measure how much heat people emit relative to their surroundings. This requir...