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Local Governments Move In On Retail Vacancies

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It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. It’s one approach to a growing retail vacancy issue that local governments are getting more aggressive in trying to solve. Backers of the tax position it as a solution to the increasing amount of empty retail space in the city.

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Nestle, HelloFresh Give Meal Kits Second Wind In Stay-at-Home Economy

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It is currently working to temporarily reopen its Arlington, Texas plant in an effort to keep up with demand. Grocery retailers and restaurants hit hard by the pandemic have also looked to meal kits as a potential business to pursue during the shutdowns. Blue Apron has also had trouble meeting labor demands, according to reports.

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Amazon HQ2 Secures $51M Funding Vote In VA

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According to NBC News , the five-member Arlington County Board voted unanimously to approve the financial incentives despite some opposition to the package. Late last year Amazon chose National Landing, a location that is owned by Arlington County and the city of Alexandria, as its second headquarters in conjunction with New York City.

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Amazon’s Biggest Campus In The World Opens In India

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The company’s next headquarters is being built in Arlington, Virginia. Amazon, for its part, started working in India in 2004, but retail endeavors began in earnest in 2013. Amazon was going to build a huge new headquarters in New York, but eventually decided against it, due to local opposition and despite tax breaks.

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Walmart To Beef Up Its IT Staff By 2,000

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Walmart , the world’s biggest retailer, is gearing up to bring on 2,000 technology professionals during 2019 to support its operations in stores and online. Bloomberg , citing comments Walmart CTO Jeremy King made in a Bloomberg TV interview, said the hiring would increase the retailer’s IT staff by more than one fourth.

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Property Owners Energize Spaces With eSports

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In addition, city officials in Arlington, Texas repurposed a portion of a convention center to create an eSports stadium that is 100,000 square feet that opened in late 2018. The moves include partnerships with North American eSports teams as well as clinics for gaming for amateur players.

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Merger, Sale Among Ingredients For Meal-Kit Maker Blue Apron

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And retailers such as Kroger and Albertsons, through acquisitions of other meal-kit companies, have grown their own operations. The company has plans to close a facility in Arlington, Texas, and consolidate operations in New Jersey and California facilities. The company fell short of expectations this quarter with $94.3