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Retail Rents Falling From Manhattan To Los Angeles

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retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. These decreases are historic,” the Real Estate Board of New York wrote in a new report showing that average Manhattan retail asking rents fell in all of the island’s 17 retail corridors during autumn.

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Kicking The ‘Virtual’ Tires To Spur Car Sales As COVID-19 Hits Automakers

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In one example, TrueCar.com , an online auto marketplace, has forecast that March sales will be down by around 37 percent, and April sales might be down between 50 percent and 60 percent. Drive” program in place since 2013, allowing consumers to shop for cars and apply for financing online rather than on-site at the dealership.

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Wegmans To Open In Brooklyn; Whole Foods Brings Eateries To 500th Store

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Grocery retailers are opening new stores in cities that aren’t only designed as places for consumers to pick up their weekly groceries: They’re turning them into culinary destinations with eateries as well as features designed for city living. Luxury retailers usually have that type of glass installed, and it’s easier to see inside.

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Are Postmates Sidewalk Robots Just The Tip Of The Self-Delivery Frontier?

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The need for food delivery keeps pushing the edge of retail innovation – and could even lead to crowding on sidewalks and competing for room with pedestrians and rented scooters – as Postmates plans to test delivery robots in San Francisco. The grocer, along with Nuro, had been using a fleet of Prius cars with operators.

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Intercepted: Live League Sports Revenue Drop May Take Years To Recover

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While the worst fears haven’t been realized — the NFL opened its 2020 season in September with a showdown between (Super Bowl champs) the Kansas City Chiefs and the Houston Texans — the outlook across the pantheon of live sports is anything but settled as November 2020 begins. Online Betting, Game Platforms Pick up Sporting Gauntlet.

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How QSRs Bring Mobile And Digital Payments To The Table

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These are just some of the ways that restaurants and third-party online platforms are making it easier for customers to order and pay for their favorite foods from their mobile devices in the digital era: Approximately half – or 49 percent – of large, quick-service restaurants (QSRs) allow in-app payments.

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The Apple Pay Pivot?

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According to its survey of 507 vendors of merchant processing systems, Apple Pay is the most requested mobile digital payments service among retailers. All 10,000 ExxonMobil locations are supposed to be online by the end of the year. “I live in Houston, Texas, so it’s blazing hot in the summertime,” Russell said.

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