Can the Pandemic Rescue Britain’s Shopping Areas? This Town Hopes So.

In a British coastal town, a major landlord is giving away free rent for two years as part of a redevelopment plan.

#bournemouth-england, #buildings-structures, #debenhams, #great-britain, #legalgeneral-group-plc, #poole-england, #real-estate-commercial, #renting-and-leasing-real-estate, #shopping-and-retail, #shopping-centers-and-malls

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Nottingham’s Dilemma: Robin Hood or High Tech?

An unlamented mall in the heart of the English city is being demolished. But what should go in its place?

#area-planning-and-renewal, #caves-and-caverns, #historic-buildings-and-sites, #nottingham-england, #real-estate-commercial, #shopping-centers-and-malls

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What to Know About the Colorado Grocery Store Shooting

Ten people were killed in the attack at a supermarket in Boulder, Colo., including a police officer, the authorities said.

#biden-joseph-r-jr, #boebert-lauren, #boulder-colo, #colorado, #deaths-fatalities, #firearms, #polis-jared-s-1975, #school-shootings-and-armed-attacks, #shopping-and-retail, #shopping-centers-and-malls, #supermarkets-and-grocery-stores

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Ministry of Supply Sold Office Apparel. It Has Had to Rethink Things.

The start-up had to decide what to do when its merchandise became virtually irrelevant during the pandemic. Revamping its focus was not easy, but the company has survived.

#coronavirus-2019-ncov, #e-commerce, #fashion-and-apparel, #ministry-of-supply, #quarantine-life-and-culture, #shopping-and-retail, #shopping-centers-and-malls, #suits-apparel, #telecommuting

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Empty Office Buildings Squeeze City Budgets as Property Values Fall

A looming hit to tax revenues puts pressure on Congress to deliver relief.

#coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #democratic-party, #federal-state-relations-us, #house-of-representatives, #law-and-legislation, #local-government, #property-taxes, #real-estate-commercial, #recession-and-depression, #renting-and-leasing-real-estate, #republican-party, #senate, #shopping-centers-and-malls, #stimulus-economic, #taxation, #united-states-economy, #united-states-politics-and-government

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Landlords Eager for Covid-Era Revamps Are Finding Hungry Investors

The growing attraction of short-term real estate loans during the pandemic is making it easier to borrow to refurbish properties.

#aflac-inc, #banking-and-financial-institutions, #coronavirus-2019-ncov, #landlords, #new-haven-conn, #shopping-centers-and-malls

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Ella Emhoff Makes a Small Collection of Knitwear

The second daughter turned model released a five-piece collection. Only one of each item was made.

#design, #e-commerce, #emhoff-ella, #fashion-and-apparel, #knitting-and-knit-goods, #parsons-the-new-school-for-design, #shopping-centers-and-malls, #textiles

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How the Pandemic Left the $25 Billion Hudson Yards Eerily Deserted

The largest private development in U.S. history has attracted marquee companies, but is struggling with unsold luxury condos and a mall barren of shoppers.

#amtrak, #facebook-inc, #foreign-investments, #hudson-yards-manhattan-ny, #metropolitan-transportation-authority, #neiman-marcus-group, #real-estate-commercial, #real-estate-and-housing-residential, #related-cos, #ross-stephen-m, #shopping-and-retail, #shopping-centers-and-malls

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Wired ‘Hoax Device’ Inside a Tesla Causes Panic at Queens Palace Mall

A car left in a parking garage at the Queens Place Mall contained a dog and what looked like a makeshift bomb, the police said.

#bombs-and-explosives, #new-york-city, #police-department-nyc, #queens-nyc, #shopping-centers-and-malls, #united-states-politics-and-government

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Is There a Future for Winnipeg’s Landmark Department Store?

The Hudson’s Bay Company’s now-closed downtown department store is surrounded by warm memories — and significant challenges in a post-pandemic world.

#baker-richard-a, #canada, #hudsons-bay-co, #shopping-and-retail, #shopping-centers-and-malls, #winnipeg-manitoba

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Retailing’s Tumultuous Year Began Before the Pandemic

The industry employs millions of people, and the upheaval it experienced played out in the lives of many Americans.

#amazon-com-inc, #barneys-new-york, #coronavirus-2019-ncov, #e-commerce, #jeffrey-manhattan-ny-retailer, #kalinsky-jeffrey, #labor-and-jobs, #layoffs-and-job-reductions, #macys-inc, #quarantine-life-and-culture, #shopping-and-retail, #shopping-centers-and-malls

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Dear Santa, Why Are You Behind Plexiglass?

All over the country, the annual Christmas ritual for children looks and feels different this year.

#children-and-childhood, #christmas, #delaware, #new-jersey, #north-pole, #pennsylvania, #quarantine-life-and-culture, #santa-claus, #shopping-centers-and-malls

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Auctioning Off a Dead Mall

When a shopping mall closes, where does all of its stuff go?

#auctions, #collectors-and-collections, #coronavirus-2019-ncov, #memorabilia-and-souvenirs, #metrocenter, #phoenix-ariz, #quarantine-life-and-culture, #shopping-and-retail, #shopping-centers-and-malls, #shutdowns-institutional

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These ‘Little Land Mines’ Could Prevent a Summertime Boom

A roaring recovery is in sight, but a lot depends on what Congress does next for the winter economy.

#coronavirus-2019-ncov, #economic-conditions-and-trends, #layoffs-and-job-reductions, #real-estate-commercial, #restaurants, #shopping-centers-and-malls, #shutdowns-institutional, #stimulus-economic, #united-states-economy

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New Jersey’s American Dream Mall Is Still Waiting to Fully Open

After more than 15 years, the Meadowlands complex began a phased opening in late 2019, but before customers could shop at its stores the pandemic hit and completely upended the retail industry.

#american-dream-meadowlands-east-rutherford-nj, #coronavirus-reopenings, #east-rutherford-nj, #meadowlands-nj, #shopping-and-retail, #shopping-centers-and-malls, #triple-five-group

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As Customers Move Online, So Does the Holiday Shopping Season

Empty stores are turning into fulfillment centers and the market for warehouse space is booming, as the pandemic rockets the retail industry into its e-commerce future.

#amazon-com-inc, #coronavirus-2019-ncov, #e-commerce, #macys-inc, #real-estate-commercial, #shopping-and-retail, #shopping-centers-and-malls, #walmart-stores-inc

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Shooting at Mall Near Milwaukee Leaves Multiple People Hurt, Mayor Says

The shooting happened at the Mayfair Mall in Wauwatosa, Wis. None of those hurt had life-threatening injuries.

#mayfair-mall, #murders-attempted-murders-and-homicides, #shopping-centers-and-malls, #wauwatosa-wis

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Mall Santas Are Making Concessions to the Coronavirus

With the pandemic raging, malls are overhauling their Santa Claus traditions this Christmas to include virtual visits, holiday-themed masks and shields to reduce the risk of infection.

#bass-pro-shops-inc, #brookfield-office-properties, #children-and-childhood, #christmas, #coronavirus-2019-ncov, #holidays-and-special-occasions, #international-brotherhood-of-real-bearded-santas, #macys-inc, #mall-of-america-bloomington-minn, #memphis-tenn, #santa-claus, #shopping-and-retail, #shopping-centers-and-malls

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Abandoned Retail Sites Become Senior Housing

Former malls and abandoned shopping-center sites are in the midst of a repurposing — and one of those new uses is senior housing.

#area-planning-and-renewal, #elderly, #home-health-care, #real-estate-and-housing-residential, #retirement, #retirement-communities-and-assisted-living, #shopping-centers-and-malls

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Explosion at Virginia Strip Mall Injures at Least Three

The shopping center was a “complete loss,” a city official said. The cause of the explosion was unknown.

#explosions-accidental, #harrisonburg-va, #parks-michael, #shopping-centers-and-malls

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Suburbs Are Changing, Like It or Not

You may think you know what suburban design looks like, but the authors of a new book are here to set you straight.

#real-estate-and-housing-residential, #shopping-centers-and-malls, #suburban-life, #suburbs

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J.C. Penney Avoids Liquidation in Sale to Mall Operators Simon and Brookfield

The deal for the company’s retail business will keep a number of locations open and is likely to save tens of thousands of jobs.

#bankruptcies, #brookfield-property-partners-lp, #jc-penney-company-inc, #johnson-ronald-b-1959, #shopping-and-retail, #shopping-centers-and-malls, #simon-property-group-inc

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The Two Men Buying Your Favorite Retailers

Jamie Salter and David Simon, one a licensing expert and the other a mall operator, are reshaping the shopping landscape by acquiring bankrupt brands like Brooks Brothers and Forever 21.

#authentic-brands-group, #bankruptcies, #barneys-new-york, #brooks-brothers, #forever-21, #lucky-brand-dungarees, #mergers-acquisitions-and-divestitures, #salter-jamie, #shopping-and-retail, #shopping-centers-and-malls, #simon-property-group-inc, #simon-david-e

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‘The Big Short 2.0’: How Hedge Funds Profited Off the Pain of Malls

As the pandemic accelerated the demise of some brick-and-mortar retailers, a group of investors profited handsomely from their travails.

#coronavirus-2019-ncov, #hedge-funds, #icahn-carl-c, #shopping-and-retail, #shopping-centers-and-malls

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Retail Chains Abandon Manhattan: ‘It’s Unsustainable’

Some national chains, both retail and restaurants, are closing outlets in New York City, which are struggling more than their branches elsewhere.

#ark-restaurants-corp, #bryant-park-grill, #coronavirus-reopenings, #economic-conditions-and-trends, #fast-food-industry, #labor-and-jobs, #landlords, #neiman-marcus-group, #new-york-city, #real-estate-commercial, #restaurants, #shopping-and-retail, #shopping-centers-and-malls, #tgi-fridays, #victorias-secret

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Ascena, Owner of Ann Taylor and Lane Bryant, Files for Bankruptcy

Ascena Retail is the latest retailer to fall during the pandemic. The disappearance of some of its 2,800 stores is a fresh blow to shopping malls.

#ascena-retail-group, #bankruptcies, #coronavirus-2019-ncov, #e-commerce, #fashion-and-apparel, #lane-bryant-inc, #mergers-acquisitions-and-divestitures, #real-estate-commercial, #shopping-and-retail, #shopping-centers-and-malls

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With Department Stores Disappearing, Malls Could Be Next

Brick-and-mortar retail was in the midst of seismic changes even before the pandemic. Analysts say as much as a quarter of America’s malls may close in the next five years.

#bal-harbour-shops-bal-harbour-fla, #bankruptcies, #coronavirus-reopenings, #real-estate-commercial, #shopping-and-retail, #shopping-centers-and-malls, #simon-property-group-inc, #taubman-centers-incorporated

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China’s Economy Faces Another Hurdle: Darkened Movie Theaters

New data shows Chinese consumers still aren’t spending like they once did, holding back one of the world’s most powerful growth engines.

#china, #coronavirus-2019-ncov, #economic-conditions-and-trends, #movies, #shopping-and-retail, #shopping-centers-and-malls, #shutdowns-institutional

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What’s the Risk of Catching Coronavirus From a Surface?

Touching contaminated objects and then infecting ourselves with the germs is not typically how the virus spreads. But it can happen.

#bathrooms-and-toilets, #centers-for-disease-control-and-prevention, #coronavirus-2019-ncov, #coronavirus-reopenings, #face, #hygiene-and-cleanliness, #quarantines, #shopping-centers-and-malls, #touch-sense

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When Shoppers Venture Out, What Will Be Left?

A 16.4 percent sales decline in April may signal the bottom for retailers, but the climb back will be hard, and some companies may not make it.

#consumer-behavior, #coronavirus-2019-ncov, #e-commerce, #labor-and-jobs, #layoffs-and-job-reductions, #shopping-and-retail, #shopping-centers-and-malls, #shutdowns-institutional, #united-states-economy

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Solo Electric Car Set to Hit U.S. Market

From the front, the Solo looks like a car, with hood, grille and headlights. Take a peek from behind, however, and it tapers down to just one wheel.

#california, #coronavirus-2019-ncov, #electra-meccanica, #electric-and-hybrid-vehicles, #motorcycles-motor-bikes-and-motorscooters, #rivera-paul, #shopping-centers-and-malls, #traffic-accidents-and-safety

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Macy’s Plans to Reopen All of Its 775 Stores in 6 to 8 Weeks

The chain’s plans also brought into sharper focus what the pandemic-era shopping experience may look like.

#coronavirus-2019-ncov, #macys-inc, #shopping-and-retail, #shopping-centers-and-malls, #simon-property-group-inc

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Biggest Mall Operator in U.S. Plans to Reopen 49 of Them

In a memo, Simon Property Group laid out how it planned to open the properties in 10 states between Friday and Monday.

#coronavirus-2019-ncov, #shopping-and-retail, #shopping-centers-and-malls, #simon-property-group-inc

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The Death of the Department Store: ‘Very Few Are Likely to Survive’

Shuttered flagships. Empty malls. Canceled orders. Risks of bankruptcy. The coronavirus has hit the behemoths of the retail world.

#bankruptcies, #coronavirus-2019-ncov, #e-commerce, #jc-penney-company-inc, #layoffs-and-job-reductions, #le-tote-inc, #lordtaylor, #macys-inc, #mergers-acquisitions-and-divestitures, #neiman-marcus-group, #nordstrom-inc, #shopping-and-retail, #shopping-centers-and-malls, #shutdowns-institutional, #united-states

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Nebraska Mall Plans to Reopen, With Temperature Checks by Salespeople

As businesses struggle with how to reopen in a pandemic, one Nebraska shopping mall offers a controversial plan.

#coronavirus-2019-ncov, #layoffs-and-job-reductions, #nebraska, #nebraska-crossing-outlets, #shopping-and-retail, #shopping-centers-and-malls, #vera-bradley-designs-inc, #yates-rod

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‘Pretty Catastrophic’ Month for Retailers, and Now a Race to Survive

March brought a record sales plunge as the coronavirus outbreak closed stores. A long shutdown could leave lasting changes in the shopping landscape.

#consumer-behavior, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #e-commerce, #epidemics, #layoffs-and-job-reductions, #quarantines, #shopping-and-retail, #shopping-centers-and-malls, #small-business, #unemployment, #united-states-economy

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