As the woes at Sears and J.C. Penney paint a familiar picture of the challenges facing the mid-priced department store sector, Kohl’s is determined to buck the trend. One way it’s doing that: have Planet Fitness right next door.
Seattle is officially city with the highest percentage of college graduates in the U.S. Here are some rules and observations for the hordes of smart people who continue to move here.
A CrediFi analysis of commercial real estate growth in three cities rejected as Amazon HQ2 locations: Charlotte, Houston and Salt Lake City.
Amazon’s decision to cancel its plans for a second macro-corporate headquarters in New York, due mainly to resident activism in Queens is of hugely symbolic importance. Other technology companies take note: in today’s high-stakes world, the price of hubris can be high indeed…
Microsoft created a $475 million trust fund to support the creation of middle-income housing and $25 million to address homelessness. Since Seattle is home to Amazon and Microsoft, can a society that values private profits more than public welfare ever truly address the problems of its own making?
As Lord & Taylor’s set to close its 104-year-old New York flagship early next year to make way for new owner WeWork, what bargain-hunting shoppers have to say should serve as a sobering reminder to to many department store and traditional brick-and-mortar retailers.
Amazon, a thorn in the side of retailers from Walmart and Target, is facing increased competition on all fronts seeking to chip away its lead. Except the Seattle giant isn’t sitting still either. One example: its first fulfillment center, featuring hundreds of robots, inside New York City.
Amazon may cause home prices to rise in Long Island city where black people have the second lowest homeownership rate. It may easily benefit from having its HQ2 in a designated Opportunity Zone by starting an opportunity fund to buy real estate in the zones surrounding the office.