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Local Governments Move In On Retail Vacancies

PYMNTS

Many municipalities are looking to help by proposing new uses for vacant retail sites, including a citywide initiative in Fairfax, Virginia called Activate Fairfax , where the Department of Economic Initiative is soliciting requests for interest in an abandoned Container Store location. Even smaller cities are opting for such taxes.

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Amazon’s Biggest Campus In The World Opens In India

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The move illustrates Amazon’s aggressive push to expand in the country, despite stiff competition from companies like Walmart, and stringent regulations in the country regarding foreign eCommerce sites. The company’s next headquarters is being built in Arlington, Virginia. The newest campus is on 9.5

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