Retail

Lifestyle Brand, New York Or Nowhere, Opens First Permanent Retail Location

Interior of NYON’s store in Nolita, NYC. Alexandra Martin Over the weekend, New York or Nowhere (NYON), a famed lifestyle brand known for its quality, everyday apparel, and accessories, opened its first permanent retail location in Manhattan’s Nolita, bordering SoHo, at 250 Lafayette Street. The store is in good company, tucked amongst digital brands like …

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Retail center in Tampa MSA sells for $85M

ORLANDO, Oct. 24, 2022 – JLL Capital Markets announced today that it has closed the $85 million sale of Shoppes at Park Place, a 361,250-square-foot, dominant, super-regional shopping center on approximately 42 acres in the middle of Pinellas County. JLL represented the seller. Belleair Development, led by Carlos Yepes and Christian Yepes, acquired the asset …

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Mid-Atlantic Retail Loans Face Default Risk – Commercial Observer

“CRED iQ curated a regional catalog of commercial real estate loans with maturities coming over the next three years,” wrote Marc McDevitt, senior managing director at CRED iQ. “The namesake Retail Refi Recon focuses on secured loans by retail properties located in the Mid-Atlantic region of the US, which includes New York, New Jersey, Pennsylvania, …

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The Supply Side: Retailers return to RFID for omnichannel capabilities

Radio frequency identification (RFID) technology is not new, but the tracking system has become essential for inventory accuracy among retailers concentrated on selling products in different places, aka omnichannel sales. Mike Graen is chair of the Retail Supply Chain Initiative (RSCI), a strategic partnership initiative of the Supply Chain Management Research Center at the University …

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GPOPlus+ Signs Binding Agreement to Acquire Betterment Retail Solutions

GPO PLUS INC. This acquisition immediately adds over 470 retail locations and marks GPOX’s expansion into DSD (Direct Store Distribution) GPOPlus+ Signs Binding Agreement to Acquire Betterment Retail Solutions This acquisition immediately adds over 470 retail locations and marks GPOX’s expansion into DSD (Direct Store Distribution) LAS VEGAS, NEVADA, Oct. 24, 2022 (GLOBE NEWSWIRE) — …

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Walmart refreshes its approach to underwear with new intimates line

Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. To reinvigorate its approach to the category, Walmart on Monday announced that it has launched a sleepwear and intimates brand, dubbed Joyspun. The line replaces Walmart’s billion-dollar private label Secret Treasures, and contains over 300 styles of …

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Deflated expectations for Amazon in the post-Jeff Bezos era

Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. This may be what “day two” at Amazon looks like. Several analysts on Monday lowered their sales, profit and other targets ahead of the e-commerce giant’s third quarter earnings report Thursday, citing its rising expenses, disappointing Prime …

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Retail sales climb 7.5% as consumption returns to levels before the pandemic

RETURN TO NORMAL: Retail sales are expected to rise up to 3.1% this month on the back of promotions, eased border controls and holiday spending, the MOEA said By Lisa Wang / Staff reporter The retail, restaurant sectors last month posted their best September sales activity after returning to normal a mid-figures falling COVID-19 cases, …

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