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Retail Rents Falling From Manhattan To Los Angeles

PYMNTS

The worst results came from Lower Manhattan’s Broadway/Houston Street/Broome Street area, where average asking price per square foot tumbled 25 percent year on year. Meanwhile, the National Restaurant Association estimates that more than 100,000 eateries have either closed permanently or at least long term due to the pandemic.

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Buying into AML risks in real estate

Abrigo

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. The real estate market is enticing to more than just new homeowners or investors. Real estate market AML risks Real estate is a proven, traditional, and well-established marketplace.

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How A New Name Sparked An Unattended Retail Turnaround

PYMNTS

Most brands hope to make a big splash when they enter the market – but not for this type of reason. There are now over 1,000 Stockwell machines spread across the San Francisco Bay Area, Los Angeles, Houston and Chicago.

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The Warehouse Building Rush Brought By eCommerce

PYMNTS

Ecommerce is really changing the shape of the market,” said Perry Colosimo, a FedEx spokesman, in a written statement. “We According to some estimates, the Interstate-78/Interstate-81 corridor is the fastest growing industrial corridor in the nation. Dollar General Corp., Ocean Spray and PetSmart Inc.

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Happy Returns: In-Person Returns For eTail

PYMNTS

Happy Returns currently has seven Return Bars operating in five major cities — Los Angeles, San Francisco, Chicago, Washington, D.C., and Houston. In 2017, Sobie said Happy Returns is working to grow the national footprint of its Return Bars. Happy Returns will also be growing in its existing markets.

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Team USA Launches Omnichannel Strategy For Olympic Retail

PYMNTS

“We don’t truly know how big it could be, but, again, the location is fairly significant,” Peter Zeytoonjian, USOC managing director of marketing and consumer products, told SportsBusiness Daily when the store opened in December. Last year, it closed a $1 billion venture capital round , according to news reports from Reuters. The Economics.

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Rinse Clothing Service Raises $14M To Expand To Boston, Chicago And Beyond

PYMNTS

The $14 million of funding Rinse recently secured will not be going into the company’s tech as much as into building out its team as it looks to launch in new markets. Rinse currently serves its home base of San Francisco as well as Los Angeles and Washington, D.C. We view ourselves serving the entire country.

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