Search Results for:

You are here

Microsoft to permanently close most of its physical stores
News 1 week ago
Microsoft to permanently close most of its physical stores

Microsoft said Friday it is permanently closing nearly all of its physical stores around the world. Like other retailers, the software and...

Share
Amazon signs lease for NYC’s biggest-ever warehouse: report
News 1 week ago
Amazon signs lease for NYC’s biggest-ever warehouse: report

Amazon has signed a lease for a 1-million-square-foot warehouse in Queens, its biggest-ever in New York City, according to a report. The deal will...

Share
Apple shutters 11 recently opened stores as coronavirus cases surge
News 2 weeks ago
Apple shutters 11 recently opened stores as coronavirus cases surge

That didn’t last long. Less than a month after it began reopening, Apple said Friday it will be closing 11 stores as coronavirus cases rise in...

Share
As many as 25,000 retail stores could close in 2020
News 3 weeks ago
As many as 25,000 retail stores could close in 2020

The US could see 20,000 to 25,000 store closures as coronavirus-spurred joblessness and sheltering in place have decimated brick-and-mortar retail...

Share
Retailers beef up security as looting fears continue
News 1 month ago
Retailers beef up security as looting fears continue

It might be safer to rob a bank. Retailers across the country are boosting their defenses to protect against looting, including by hiring armed...

Share
Simon Property sues Gap for not paying rent during coronavirus crisis
News 1 month ago
Simon Property sues Gap for not paying rent during coronavirus crisis

The Gap stopped paying rent on its stores in North America in April when it said in a public filing that its monthly lease obligations in the...

Share
Struggling Subway quietly leases Miami office space
News 1 month ago
Struggling Subway quietly leases Miami office space

Subway Restaurants is quietly making plans to open an office in sunny Miami, The Post has learned. Subway’s hard-driving Chief Executive John...

Share
H&M temporarily shutters some stores over George Floyd protests
News 1 month ago
H&M temporarily shutters some stores over George Floyd protests

H&M, the world’s second-biggest fashion retailer, said on Tuesday it had temporarily closed 95 of its stores in the US because of the violent...

Share
Google says it will let workers expense $1,000 worth of office furniture
News 1 month ago
Google says it will let workers expense $1,000 worth of office furniture

Google employees who don’t want to return to the office this summer can start shopping for a nice home office. The search giant said Tuesday that...

Share
Apple will reopen 100 more US retail locations this week
News 1 month ago
Apple will reopen 100 more US retail locations this week

Apple will open another 100 retail stores in the United States this week, though most won’t let customers inside. The iPhone-maker will reopen...

Share
Kohl’s removes Jennifer Lopez, seven other brands from stores
News 1 month ago
Kohl’s removes Jennifer Lopez, seven other brands from stores

Kohl’s said the coronavirus crisis would have a material impact on results this year as it removed eight brands including Jennifer Lopez, Juicy...

Share
JCPenney to permanently close 242 stores amid bankruptcy
News 1 month ago
JCPenney to permanently close 242 stores amid bankruptcy

JCPenney plans to trim its store count by 29 percent, to about 604, as the US department store chain looks to focus on those more profitable, a...

Share
Apple reopening 25 more US stores, will soon top 100 worldwide
News 1 month ago
Apple reopening 25 more US stores, will soon top 100 worldwide

Apple Inc will this week reopen more than 25 of its branded stores in the United States, the company said on Sunday, continuing a gradual process...

Share
Amazon may be on the prowl for more Fairway grocery stores
News 1 month ago
Amazon may be on the prowl for more Fairway grocery stores

Amazon is once again on the prowl for stores owned by bankrupt grocer Fairway Market, The Post has learned. After forking over $1.5 million for two...

Share
Apple to start gradual reopening of US stores next week
News 1 month ago
Apple to start gradual reopening of US stores next week

Apple will begin opening its American retail stores next week. The reopening of its 271 US locations — which have been shuttered in March due to...

Share
Angry WeWork tenants hire lawyers in effort to claw back rent
News 1 month ago
Angry WeWork tenants hire lawyers in effort to claw back rent

WeWork’s tenants are lawyering up. Attorneys for cash-strapped clients of the office-subleasing startup are demanding that the company stop billing...

Share
Gap plans to reopen stores where coronavirus lockdowns have eased
News 1 month ago
Gap plans to reopen stores where coronavirus lockdowns have eased

Cash-strapped Gap Inc. on Wednesday laid out plans to reopen stores in areas where lockdown curbs have eased, while also introducing social...

Share
Hard-hit Grand Central tenants not on board with MTA’s rent decision
News 2 months ago
Hard-hit Grand Central tenants not on board with MTA’s rent decision

The MTA has finally broken its silence in a monthlong standoff over the rent at Grand Central Terminal — and retail tenants don’t like what they’re...

Share
Macy’s aims to reopen 68 stores in May, all locations by mid-June
News 2 months ago
Macy’s aims to reopen 68 stores in May, all locations by mid-June

Macy’s plans to reopen 68 US stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday,...

Share
Fannie Mae not doing enough to help with mortgages during coronavirus crisis
News 2 months ago
Fannie Mae not doing enough to help with mortgages during coronavirus crisis

As I mentioned a few columns back, people are going to have trouble paying their mortgages under “forbearance” plans. They won’t be able to come up...

Share
Gap struggling to pay store rents, could need massive loan to survive next year
News 2 months ago
Gap struggling to pay store rents, could need massive loan to survive next year

Gap Inc. warned on Thursday it may not survive the next 12 months intact and would need to borrow more funds in the face of widespread coronavirus...

Share
Whole Foods reportedly ranks stores based on risk they could unionize
News 2 months ago
Whole Foods reportedly ranks stores based on risk they could unionize

Whole Foods is reportedly using an “interactive heat map” to monitor its stores and flag locations that are at risk of unionizing. The Amazon-owned...

Share
Best Buy to furlough 51,000 store employees, cut pay of executives
News 2 months ago
Best Buy to furlough 51,000 store employees, cut pay of executives

Best Buy said on Wednesday it would furlough about 51,000 hourly US store employees and that its sales dropped about 5 percent in the first two...

Share
US retail sales see biggest drop ever amid coronavirus crisis
News 2 months ago
US retail sales see biggest drop ever amid coronavirus crisis

US retail sales posted their sharpest drop on record last month as the coronavirus pandemic shuttered shops around the country, stark new data show...

Share
Tesla asks landlords for rent reduction during coronavirus pandemic
News 2 months ago
Tesla asks landlords for rent reduction during coronavirus pandemic

Tesla has reportedly asked landlords for rent discounts as it tries to cut costs during the coronavirus crisis. The electric-car maker has told at...

Share
Wells Fargo mortgage offices in India may be black eye for bank during coronavirus lockdown
News 2 months ago
Wells Fargo mortgage offices in India may be black eye for bank during coronavirus lockdown

Wells Fargo’s sprawling back offices in India, struggling to process residential mortgage deals amid a coronavirus lockdown, may be the next black...

Share
Struggling Grand Central tenants go on rent strike amid coronavirus
News 3 months ago
Struggling Grand Central tenants go on rent strike amid coronavirus

Some 20 retailers located in the posh Manhattan train station fired off coordinated e-mails to their Metropolitan Transportation Authority landlord...

Share
WeWork charging rent at NYC workspaces despite coronavirus outbreaks
News 3 months ago
WeWork charging rent at NYC workspaces despite coronavirus outbreaks

WeWork doesn’t want to hear about New York’s coronavirus lockdown — it just wants to know where your rent check is. The cash-strapped subleasing...

Share
GameStop claims to be ‘essential retail’ during coronavirus lockdowns
News 3 months ago
GameStop claims to be ‘essential retail’ during coronavirus lockdowns

It’s never been better to be a gamer. Video game retail giant GameStop called itself “essential retail” in a memo to employees, instructing them to...

Share
WeWork offices in NYC report two more coronavirus cases
News 3 months ago
WeWork offices in NYC report two more coronavirus cases

Two more WeWork locations in Manhattan have had workers test positive for the coronavirus, The Post has learned. Employees at the offices — located...

Share