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Retail Rents Falling From Manhattan To Los Angeles

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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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Surge In eCommerce Has Port Of Los Angeles Facing 50 Pct More Cargo Shipments Than First Half Of 2020

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In Los Angeles, a widespread glut of shipments has slowed down operations at the nation's busiest container port complex, the Port of Los Angeles , according to CNBC. Port of Los Angeles Executive Director Gene Seroka , speaking Monday (Dec. 28) on CNBC, said the cargo volume is up 50 percent.

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The Revivals Of Malls And Unattended Retail

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And in unattended retail, Stockwell ’s new name sparked a turnaround for the firm. Its future is now about building scale and creating a national presence for its vending cupboards. 1,000: Minimum number of Stockwell machines across the San Francisco Bay Area, Los Angeles, Houston and Chicago. All this, Today in Data.

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High-End Retailers Block Access To Storefronts In New York

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As government measures to decelerate the spread of the coronavirus have come into place, many upscale retailers in New York such as Chanel, Celine and Fendi have blocked access to their shops with plywood. Retail shops in storied retail locations have shut their doors. In other retail news, department stores in the U.S.

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Port Data Show Inventory Boom – Or Bust? – Ahead Of Holiday Season

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In the United States, imports are surging, indicating that retailers are getting ready to stock their (real and virtual) shelves in anticipation of the holiday shopping season. As reported this week, the Port of Los Angeles processed more than 883,000 twenty-foot equivalent units (of cargo capacity) in September, up 13.3

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Retail Pulse: Nordstrom Takes Local Concept To NYC; Grubhub Rolls Out Perks

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Brick-and-mortar retailers are taking small-format, inventory-free locations to big cities: Nordstrom , for instance, is bringing its Nordstrom Local concept to the Big Apple. Beyond New York City, Nordstrom Local has three locations out west in California — Melrose, Brentwood and Downtown Los Angeles.

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Carvana Rolls Out CarvanaACCESS Direct-Purchase Platform

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Trade-ins in addition to other wholesale autos processed at Carvana outlets throughout the nation will become available on the website in a “timed bid” digital auction through the help of Manheim Digital, according to an announcement on Thursday (June 25). Registered dealers and wholesale purchasers can see the auction area of the website.