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Retail Rents Falling From Manhattan To Los Angeles

PYMNTS

“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. Nationwide, Moody’s Analytics estimated that effective retail rents would fall 11.1

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Remote Tech Employees Face Pay Cuts In San Fran

PYMNTS

New York is second, with a G15-grade worker making $146,529. Houston is third, at $145,807. Los Angeles and Washington D.C.-Baltimore The top federal pay location is San Francisco. Baltimore follow close behind.

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Amazon Now Offers Whole Foods Two-Hour Delivery In 30 Cities

PYMNTS

The company then quickly extended the service to almost 30 cities, including Los Angeles, Houston and Detroit. Amazon has been critiqued for not making full use of the Whole Foods acquisition, and this is about to change that,” said Juozas Kaziukenas, founder of New York e-commerce research firm Marketplace Pulse.

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

PYMNTS

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. million in 2019, then cut a deal to bring the name back at Saks. “We The chain eventually closed all U.S.

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Buying into AML risks in real estate

Abrigo

New York City and Miami were the original targets under the first order in 2016. The Geographic Targeting Orders have been updated several times since then to add more areas, capture a broader range of transactions, and simplify reporting amounts with a $300,000 threshold.

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Samsung Expands Beyond Pop-Ups With Full-Scale Stores

PYMNTS

The outlet reported that the first Samsung stores will be at Roosevelt Field on Long Island, The Americana at Brand in Los Angeles and The Galleria in Houston. The brand, however, has a space in New York City called Samsung 837. As it stands, Samsung Electronics brick-and-mortar ventures in the U.S.

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McDelivery Is McDominating In 1,000 New Markets

PYMNTS

On Wednesday (May 31), McDelivery with UberEATS launched at locations in the New York Metro Area, Fresno, Seattle, Denver, Dallas, Houston, San Antonio and Washington, D.C. First, the company has recently seen positive momentum and improved operating performance, and delivery is projected to accelerate future growth.

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