Because the intellectual property of retailer Toys “R” Us served as collateral on their loans, a group of funds that financed the lenders during the bankruptcy now control rights to the Toys “R” Us and Babies “R” Us brands. According … Continue reading →
Starbucks plans to close about 150 company-operated stores next fiscal year. This is three times the number it typically closes annually, according to Bloomberg. Most of the closures will be in major metropolitan areas where regulatory requirements are hampering profitability. … Continue reading →
Passed by the California legislature and signed into law on the same day, the California Consumer Privacy Act of 2018 will require companies that store personal information to disclose the types of data they collect and allow consumers to opt … Continue reading →
Amazon has opened its second DC area bookstore at Bethesda Row. The approximately 6,000sf store located at 7117 Arlington Road is the company’s 16th brick-and-mortar bookstore in the U.S. A 37,000sf Barnes & Noble at Bethesda Row closed in Kamagra … Continue reading →
The U.S. Supreme Court recently decided in South Dakota v. Wayfair, Inc. Et al. that South Dakota was not prohibited under the Commerce Clause of the U.S. And the faster we recognize that, the faster we’ll succeed viagra online in … Continue reading →
Citing the rapidly changing retail environment, IKEA has cancelled plans to open new stores in Nashville, TN, Cary, NC and Glendale, AZ and will instead shift resources to its online platform. IKEA sales fell short of four percent growth in … Continue reading →
Canadian-based Hudson’s Bay, the owner of Lord & Taylor, has decided to close the store’s 104-year-old flagship location on 5th Avenue in New York, according to CNBC. The 676,000sf building, located between 38th and 39th Streets With advances in technology … Continue reading →
Initiative 77 aims to eliminate the tipped minimum wage in the District of Columbia by gradually increasing the rate until it is equal to minimum wage for non-tipped employees. The initiative is on the ballot for the DC primary election … Continue reading →
Retail sales in the U.S., excluding fuel and automobiles, reached $3.496 trillion in 2017 according to Digital Commerce 360 (citing data from the Commerce Department). At $453.46 billion, e-commerce represented 13 percent of total retail sales in 2017. The easiest … Continue reading →
Retail chain stores that are dominant in their product category such as Best Buy and Bed, Bath, and Beyond, known as “category killers,” have grown over the past 40 years, contributing to the dismantling of the mall and department store … Continue reading →