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Apple To Shutter Houston Stores Again

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As instances of the coronavirus increase in Texas, Apple will shutter seven of its Houston-vicinity retail locations once again. The shops were set to close on Thursday (June 25), CNBC reported, citing the tech company’s website. Apple’s stores are usually located in key retail properties. locations.”.

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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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Barneys, Pier 1 And Other Iconic-But-Bankrupt Retailers Are Coming Back To Life 

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Plenty of famous retail chains have collapsed both before and during a pandemic that has slammed brick-and-mortar stores, but some iconic names like Pier 1 , Barneys New York and others are coming back – at least in some fashion. Other well-known brands have died in the physical world, but reopened under new owners as online-only storefronts.

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Path To World Series Brings Changes To Online Gambling

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It’s not exactly high time for legal online gambling yet – that comes in early 2020, with the Super Bowl and then the NCAA college basketball tournament – but the betting season is certainly heating up on more ways than one. And that new fuel comes as the legal online and mobile gambling industry in the U.S. Payments Innovation.

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Can Healthcare Services Revitalize Retail For CVS?

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CVS retail business, separate from its pharmacy operations, has had a difficult few years. Same-store sales have been falling, particularly as some staples that were once common drugstore sales have departed solidly online. But those general retail items will be reduced and restricted to make more room for healthcare-related services.

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Retail Pulse: Luxury Brands Eye Airport Retail; Panera Bread Tests Dinner Menu

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These hubs for travel retail, which are providing an audience of on-the-go travelers as U.S. Edgar Huber, who heads the luxury division of multinational beauty company Coty Inc. However, the company’s luxury unit is continually on the uptick — and travel retail is said to be partly responsible.

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Retail Pulse: Mattress Firm Mulls Bankruptcy; Walmart Plans Robotic Grocery Pickup

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Brick-and-mortar retailers have sought to reduce their retail footprint in hard times, and Mattress Firm, Inc. Steinhoff International Holdings NV, which acquired the company in 2016, has reportedly sought to restructure some of its subsidiaries’ debt. is no exception.

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