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Retail Rents Set To Rise In 2016

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After years of slow growth brought on by the financial crisis, retail rents are recovering and are on the rise. As of Q1 2016, vacancy rates were hovering around 10 percent in 80 major U.S. As of Q1 2016, vacancy rates were hovering around 10 percent in 80 major U.S. Supply is also an issue in Denver.

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Today In Retail: Resale Company StockX Lands $275 Million For Growth; Rite Aid Reports 12 Pct Revenue Increase

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In today’s top retail news, StockX has landed $275 million in a Series E funding round, while Rite Aid Corporation reported as part of its fiscal 2021 third quarter results that revenues rose by 12 percent. StockX has notched $275 million in a Tiger Global Management-led Series E funding round. Rite Aid Reports 12 Pct Rise In Revenues.

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1010data Report Shows Consumer Packaged Online Goods Hit $10B In 2016

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To show how much eCommerce has impacted shopping, 1010data released its 2016 Online Consumer Packaged Goods (CPG) Industry Report this week. These items sold two times as fast as the total amount of eCommerce sales, which may in part be due to more online retailers providing a two-day delivery option to help expedite growth.

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Dutch Retailer Ahold Delhaize Acquires Majority Stake In FreshDirect

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Dutch retailer Ahold Delhaize — owner of grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect amid an online shopping surge propelled by COVID-19. “We Morgan Asset Management. FreshDirect has so far raised $189 million from investors led by J.P.

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Why Consumers Are Firing Traditional Retailers

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Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. When Buy Online, Pick Up In-Store Goes Horribly Wrong.

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Online Retailers Are Winning The Web Page Loading Race

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Especially as online retail has become an essential part of even strictly brick-and-mortar brands, how well a retailer’s web page performs can have a major impact on sales. Unfortunately, for non-retail brands, they’re getting lapped by online retailers’ faster load times.

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So Far, 2016 Is A Boom Year For Retail Bankruptcies

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In fact, in Q1 2016, Chapter 11 filings from commercial companies actually fell 5 percent across the board. Absolutely no need to panic, then — unless the topic is retail bankruptcies , which increased year over year by 24 percent. Such is the double-edged sword of a retail industry swept up in innovation. January — Wet Seal.

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