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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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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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What’s The Future For NBA-Related Retail In China?

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Basketball is one of the most popular sports – if not the most popular sport – in China, but there’s a little less NBA available today for online shoppers in that country, according to reports. That’s because China eCommerce giant Alibaba apparently has removed any products related to the Houston Rockets from its search results.

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Healthcare Disruption Brings More Impact To The Retail World

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Healthcare, among the biggest industries in the world, is being massively disrupted, an effort that could take years or even decades before all the dust settles. The latest example of that comes from one of the biggest retail chains out there — Walmart. Other retailers are also focusing on primary care. Lessons to Come.

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Hurricane Florence’s Retail Punch

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But the excitement — high drama — warm-up commerce run is now over, and the main event is underway as Florence — and Florence is forecast to be the worst storm of its kind to hit North Carolina in nearly 64 years — is expected to have major effects on retail sales, employment and real estate in the state for a long time after the winds stop blowing.

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Warehouse Space Going For Premium Rates

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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. As of Q2 2016, industrial warehouse space declined by 8.8 percent — the lowest such figure since 2001.

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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. When you look at March, we basically lost half the month,” Eric Lyman, chief industry analyst at TrueCar, told Reuters.

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