The $32 billion U.S. fitness industry is experiencing a resurgence and evolution, with promising future prospects. According to the Houston Chronicle, Placer.ai named the fitness industry as one of 2022’s top industries in its annual overview of industries. Globally, health … Continue reading →
Ireland-based fast fashion retailer Primark will open its first Maryland store on September 7 at Arundel Mills mall, according to Retail Insight Network. Fibre2Fashion reports that the Primark space at Arundel Mills is 36,000sf. CoStar quotes Kevin Tulip, Primark’s United … Continue reading →
The Business of Fashion reports that fashion retailer H&M will launch stores and online trade in Brazil in 2025. H&M will partner with Dorben Group to support its expansion in the South American country, according to the report. The size … Continue reading →
On June 22, the New York City Council passed legislation that will prohibit commercial property owners from knowingly leasing commercial premises to, or otherwise allow the use of such premises by, unlicensed sellers of cigarettes, electronic cigarettes, tobacco products, or … Continue reading →
Minimum Energy Efficiency Standards (MEES) are regulations requiring a minimum energy efficiency standard to be met before properties in England and Wales can be leased or sold. The standards are measured by an energy performance certificate (EPC) rating. According to … Continue reading →
South Africa is experiencing a 15-year power crisis that is causing widespread rotational power cuts, known as loadshedding. In 2022, there were 3,773 hours of loadshedding (the most intensive year of loadshedding in South Africa’s history), according to CleanTechnica. The … Continue reading →
Westfield has decided to surrender the nine-story San Francisco Centre mall to its lenders, according to The Real Deal, which reports that the firm—owned by Paris-based Unibail-Rodamco-Westfield and its partner, New York-based Brookfield Properties—will cease making payments on a $558 … Continue reading →
According to the U.S. Census Bureau, “[a]dvance estimates of U.S. retail and food services sales for May 2023, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $686.6 billion, up 0.3 percent (±0.5 percent)* … Continue reading →
A district judge in England has ordered Donelan Trading Ltd. to rebuild an 18th century pub building within 12 months and using the stones from the demolition rubble, according to The Washington Post. A trial last year at Burnley Magistrates’ … Continue reading →
A Policy Analysis Report from San Francisco’s Budget and Legislative Analyst Office estimates that the shift to remote working has resulted in 147,303 fewer office workers in downtown San Francisco (“Downtown”) each workday. The report cites to an NBER Working … Continue reading →