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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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Brandless Expands To Clean Beauty Market

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Online retailer Brandless has expanded its offerings in its clean beauty product line. The company even opened a pop-up store for a limited time in Los Angeles last month. Brandless isn’t the only retailer getting in on the clean beauty action. The section already has 50 brands participating.

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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

Small Business Administration What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave? Tune in all week for live-streaming , beginning at 7:30 p.m. Every business starts small.

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OpenTable Feature Lets People Reserve Grocery Shopping Appts

PYMNTS

Right now, the new OpenTable feature is being used by seven businesses throughout San Francisco and Los Angeles — six restaurants that are acting as pop-up markets and one grocery store. The company said it was in “active talks with other national grocers/retailers.”.

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How A New Name Sparked An Unattended Retail Turnaround

PYMNTS

Case in point, Stockwell: a self-service retail venture that got off on a very wrong foot with customers by, among other things, choosing the wrong name. Most brands hope to make a big splash when they enter the market – but not for this type of reason. When Stockwell launched in September of 2017, it went by a different name: Bodega.

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Team USA Launches Omnichannel Strategy For Olympic Retail

PYMNTS

Fanatics , a company that sells Team USA merchandise, has taken a novel approach to Olympic retail this year with a physical store in a major U.S. The store marks a milestone for Team USA: It’s their first in-person retail store outside the Olympic Training Center in Colorado. Retail Gold. The Economics.

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Banana Republic Gives $20M In Clothing To Disadvantaged

PYMNTS

The fashion retailer will partner with nonprofit Delivering Good , which works to pull in retailers, manufacturers, foundations and individuals to support those in impoverished or low-income situations, according to the release. “This donation will have such a positive impact on men, women and disadvantaged young adults.”