Mike Gingerich The current economy is rapidly shifting, and it’s pretty obvious there is a lot more business headed online. For example, did you know that eight in every 10 Americans shop online every single day? Or more surprisingly, did you know the items you buy online might have been […]
Retail
Tech analyst Pete Pachal on Facebook’s Instagram launching a new short video app named Reels. Influencers are shaping the way people shop during the pandemic, as more people spend time on their phones and online. In a year marked by working from home and staying inside, the influencer sphere has […]
With 2020 inching toward an end, all eyes are on the most crucial part of the year for retailers — the holiday season. But this time around, retailers are bracing for an unusual festive season, thanks to the coronavirus pandemic. There are fears about how comfortable consumers will be in […]
It’s quiet out there, and we’re wrapping up early. Thanks for following along today – we’ll be back on Monday. London-listed lenders have hit their lowest level in almost three decades, according to a gauge of bank stock values. The FTSE 350 Banks index, a capitalisation-weighted gauge of lenders’ stock […]
The recently opened Webster at the Beverly Center in Los Angeles stands out because of its pink concrete architecture and list of buzzworthy brands. (Laurian Ghinitoiu / The Webster LA) The retail landscape has been marred by the closures of well-known fashion stores as well as a high unemployment rate […]
The recently opened Webster at the Beverly Center in Los Angeles stands out because of its pink concrete architecture and list of buzzworthy brands. (Laurian Ghinitoiu / The Webster LA) The retail landscape has been marred by the closures of well-known fashion stores as well as a high unemployment rate […]
Over just six months, the S&P 500 Index (SPX) has gone from record highs to three-year lows back to the doorstep of new record highs this morning. As this relentless rally rolls on, it’s important to keep in mind that a number is just a number. Still, it’s hard to ignore the […]
By Victoria Waldersee LISBON (Reuters) – City centre shops and malls may have lost their lustre during the COVID-19 pandemic, but as lockdowns ease across Europe many stores in and around residential areas stand to benefit as consumers remain reluctant to venture far from home. While retail sales appear to […]
An Illinois truck driver in 1940. Ivan Dmitri/Michael Ochs Archives/Getty Images Today’s network of big-box retailers and online shopping likely wouldn’t exist without the deregulation of the trucking industry 40 years ago this month. The Motor Carrier Act of 1980, passed by President Jimmy Carter, slashed the cost of moving […]
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the virus. ________________________ RETAIL: — Clothing company Express has reopened about 95% of its stores as […]
March 2, 2021 6 min read This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. Opinions expressed by Entrepreneur contributors are their own. The social distancing and closure of physical stores as a result of the COVID-19 pandemic has caused electronic […]
Retail real estate investment trusts, or retail REITs, made up one of the worst-performing subsectors of real estate in 2020. As a group, retail REITs declined by more than 25% for the year as lockdowns and tenant bankruptcies weighed on the ability and willingness of tenants to pay rent. However, […]
As coronavirus closures continue to impact small businesses, Dezeen has teamed up with design store Wescover to highlight the work of independent designers and makers from around the world. © Provided by Dezeen Monitor Stool by Asa Pingree Founded in San Francisco, Wescover is an online marketplace that sells furniture and […]
Online shoppers were projected to ring up record-breaking numbers Cyber Monday, as many consumers avoid mall crowds during the COVID-19 pandemic. “Cyber Monday is expected to remain the king of online shopping days and become the largest online sales day in history,” with between $10.8 billion and $12.7 billion spent […]
CLOSE The FIRC Group Inc., based in Asheville, plans to build a 148-room hotel, 180 multi-family condominiums and 10,300 square feet of retail space on a 27-acre site in Enka. These renderings show the hotel and condo buildings. (Photo: Studio Z Architecture) ENKA – An Asheville hotel company plans to build […]
Share Tweet Share Share Share Print Email It’s one year from today: Nov. 9, 2021. It’s been 18 months since the coronavirus swept the world and changed everything about it. But finally, the citizens of the world are ready to re-engage in the physical world the way they did in January […]
Ameristar, a massive hotel and casino in Black Hawk, is about to make a big splash in the Colorado sports-betting pool: On November 5, the casino, which is operated by Penn National Gaming, will open the country’s first retail sportsbook with the Barstool brand name. “We know that sports betting […]
The factors driving retail-to-housing transformation were set in motion years ago but have been accelerated by the pandemic. The demise of malls and shopping centers has also been amplified by the shift to online retailing in recent years. The crisis in mainstream retailing has become an outsize challenge and opportunity […]
October 19, 2020 7 min read Opinions expressed by Entrepreneur contributors are their own. In the span of a few short weeks, the coronavirus pandemic completely reshaped shopping and left many retailers struggling to survive. Neiman Marcus, JCPenney, J. Crew, and other popular chains filed for bankruptcy. According to a […]