Retail Archives | Page 24 of 53 | CREtech
The sale of the department store’s flagship Fifth Avenue building marks the end of shopping as fun, and the rise of work as a way of life.
Retail hasn't been getting the best press lately. All the consumer press seems to cover is store closures, retailer bankruptcies, the death of the mall and the extinction of brick-and-mortar stores due to the dominance of Amazon. The recently posted CBRE Retail Innovation Series illustrates the challenges that this commercial real estate sector faces, but it also provides solutions for land...
Photo: GRANT HINDSLEY, SEATTLEPI.COM Shares of Amazon soared Thursday after the online retailer posted earnings that far surpassed Wall Street expectations. Shares of Amazon soared Thursday after the online retailer posted... NEW YORK (AP) — Shares of Amazon soared Thursday after the online retailer posted earnings that far surpassed Wall Street expectations. Related Stories 238 cities submitted...
class="article-title speakable"> Walmart is putting even more robots in its stores by Julia Horowitz @juliakhorowitz October 26, 2017: 3:24 PM ET 5 stunning stats about Walmart More robots may be coming to a Walmart near you. For the past three years, the company has been testing shelf-scanning robots in some stores in Arkansas, Pennsylvania and California. The machines, which move...
New chat channels are emerging as a real-time alternative to e-mail, along other technologies, but a comprehensive view matters most. Author By Dan O'Shea • Published Oct. 26, 2017 Share it post share tweet There is no shortage of companies, white papers, studies and advice blogs aimed at helping retailers write perfect emails to their customers before and after they visit stores (Google &q...
Saudi Arabia’s ACCL Uses Yardi By Said Haider on Oct 26, 2017 in News Arabian Centres Company Ltd (ACCL) became Saudi Arabia’s largest developer, owner and operator of retail malls by offering international-standard quality shopping and entertainment. In formulating a strategy to build on that success, ACCL’s executive team came to realize that expanding its portfolio across the Kingdom depe...
Hours worked in UK retail fell by 4.2% in the third quarter, retail jobs shrunk by 3%. It's the steepest decline since the monitor began in 2008. 'A technological revolution in retail' and government policy driving the decline. LONDON — British retail employment suffered a record decline in the third quarter of 2017. Hours worked in UK retail fell by 4.2% compared with the same q...
Hudson’s Bay Co.’s deal to sell Lord & Taylor’s flagship New York City store to WeWork in a transaction is a good way for the company to monetize its real estate, analysts say, but the company is facing other challenges. The deal, valued at $850 million, which involves the Fifth Avenue store Lord & Taylor has occupied since 1914, will continue to operate as a smaller store, but WeWor...
PARK SLOPE — A new tech startup believes its app can help local shops. As Amazon and other large e-tail sites continue to chip away at brick-and-mortars and residents lament the loss of their mom-and-pops, a startup called Hi Commerce wants shoppers to purchase items online from their neighborhood stores, providing an easy way to take advantage of the deep expertise of those who run them. But wh...
NEW YORK (AP) — Lord & Taylor's flagship store in Manhattan, known for its holiday displays along Fifth Avenue, is being sold to the office space sharing company WeWork. The nearly 100-year-old building will be converted to WeWork headquarters, with less than a quarter of the space remaining for a Lord & Taylor store. Ten of the building's 11 floors are now devoted to retail. W...