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Retail Rents Falling From Manhattan To Los Angeles

PYMNTS

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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Why Online Retailers Go To Nordstrom To Try On Physical Retail

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While this early part of 2016 has been some tough sledding for Nordstrom on the sales and revenue front, The Street in many corners continues to look favorably on the high-end retailer. Some 62 percent of Nordstrom’s 120-plus stores are in elite malls like Roosevelt Field in Long Island, Short Hills in New Jersey or The Galleria in Houston.

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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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Retail Pulse: Kohl’s To Curate Brands With Facebook; Domino’s Rolls Out eBike Tie-Up

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Brick-and-mortar retailers are teaming up with social media platforms to curate labels for their stores and their websites. Kohl’s , for instance, will bring emerging brands to over 50 physical retail locations and online starting in the fall through Curated By Kohl’s. In Other Brick-and-Mortar News.

Branding 101
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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. Now, Mattress Firm is reportedly pondering bankruptcy, and analysts say that might be a good strategy for the retailer: Peter Keith of Piper Jaffray & Co. is no exception. In Other Brick-And-Mortar News….

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Walmart Aims To Build Décor, Clothing Business

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Walmart is still seeking the right combination of fashion and home, while its online shopping initiatives have been rewarded with an eCommerce grocery purchase boon. Lore was one of the company leaders who talked at the retailer’s investor day about how Walmart is joining its physical locations with its website and apps.

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Healthcare Disruption Brings More Impact To The Retail World

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In the meantime, the digital, mobile, delivery and other innovations that are taking place in this sector are also promising to impact retailers and the consumers who shop not only with mom-and-pop stores but with the bigger chains. The latest example of that comes from one of the biggest retail chains out there — Walmart.

Retail 108