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Warehouse Space Going For Premium Rates

PYMNTS

Brick-and-mortar merchants are far from being free from the problems that plague their particular brand of retail, but even they have to look at online retail rising rents for warehouse space with a little bit of mirth. million added in 2006. According to a new report from CBRE, things are about to get even worse.

Honolulu 100
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Retail Pulse: Brookstone Files For Bankruptcy; Kroger Launches New Delivery Service

PYMNTS

The decision to close our mall stores was difficult, but ultimately provides an opportunity to maintain our well-respected brand and award-winning products while operating with a smaller physical footprint,” he said. Both have operations online under new owners, reported The Wall Street Journal. In Other Brick-And-Mortar News.

Retail 100
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The metaverse could be tech’s next trillion-dollar opportunity: These are the companies making it a reality

CB Insights

We already have virtual worlds featuring live concerts and online games where players spend hundreds of hours — but metaverse enthusiasts see a future where entire societies thrive in an online realm inhabited by avatars of real people. While the space is still in early days, the longer-term implications may not be trivial.

Company 101