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Retail Rents Falling From Manhattan To Los Angeles

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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. Second, the inability to physically frequent many retail establishments created a new set of online shoppers.

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

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The company then quickly extended the service to almost 30 cities, including Los Angeles, Houston and Detroit. per month plan or a $98 per year for a subscription that will let them shop online and have their groceries delivered as often as they like.

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

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However, Barneys fell into bankruptcy in 2019, due in part to rising rents at its Manhattan and Los Angeles stores. Other well-known brands have died in the physical world, but reopened under new owners as online-only storefronts. million in 2019, then cut a deal to bring the name back at Saks. A slimmed-down version of the U.S.

Retail 246
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How BNPL Is Helping BlackCool Boost Brand Awareness And Availability

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It currently sells its products online and at eight pop-up retail shops, but it plans to open six boutiques, starting with an Atlanta location in December that will also offer BNPL options. The company plans to open other locations in Chicago, Houston, Los Angeles, New York City and Philadelphia. .

Branding 187
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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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Happy Returns: In-Person Returns For eTail

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In a twist on contemporary retail trends toward online channels, consumers still largely prefer to return in-store. The easiest way to describe what we do,” said David Sobie, CEO of Happy Returns , “is that we’re the buy online, return to store option for retailers that don’t have stores.”. and Houston. and Houston.

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Staples Jumps Into Same-Day Delivery

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Staples announced on Tuesday (June 14) that it had officially launched its “Staples Rush” program that provides same-day delivery service to a handful of metropolitan areas, including parts of Boston, Dallas and Manhattan, with Chicago, Houston, Los Angeles, San Francisco and Seattle to come.