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How U.S. retailers turn their bane into boon with 'click and collect'
News 1 month ago
How U.S. retailers turn their bane into boon with 'click and collect'

As retail casualties such as Sears or Toys 'R' Us kept piling up, costly real estate often got the blame for traditional retailers' struggle to...

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JPMorgan trades banker offices for shared desks
News 1 month ago
JPMorgan trades banker offices for shared desks

NEW YORK - JPMorgan Chase & Co is tearing down walls and moving its San Francisco investment bankers onto "hot desks," a space-saving layout that...

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EU medicines agency loses bid to end London lease over Brexit
News 2 months ago
EU medicines agency loses bid to end London lease over Brexit

The European Medicines Agency (EMA) has lost its bid to cancel a lease on its office in London's Canary Wharf financial district due to Brexit, in...

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Tesla prepares to offer Model 3 leasing to boost demand: Electrek
News 2 months ago
Tesla prepares to offer Model 3 leasing to boost demand: Electrek

The email stated that employees will be able to lease a Model 3 within the next two weeks, Electrek reported citing sources familiar with the...

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Payless ShoeSource to start liquidation sales at stores
News 2 months ago
Payless ShoeSource to start liquidation sales at stores

Payless expects all stores to remain open until at least the end of March and the majority will remain open until May, a company spokeswoman said...

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U.S. retail sales post largest drop since 2009; jobless claims up
News 2 months ago
U.S. retail sales post largest drop since 2009; jobless claims up

WASHINGTON (Reuters) - U. S. retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board,...

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U.S. retail sales post largest drop since 2009; jobless claims rise
News 2 months ago
U.S. retail sales post largest drop since 2009; jobless claims rise

WASHINGTON (Reuters) - U. S. retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board,...

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Amazon pulls the plug on New York headquarters
News 2 months ago
Amazon pulls the plug on New York headquarters

The company said on Thursday it did not see consistently "positive, collaborative" relationships with state and local officials. Opponents of the...

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Feeling unwelcome, Amazon ditches plans for New York hub
News 2 months ago
Feeling unwelcome, Amazon ditches plans for New York hub

NEW YORK (Reuters) - Amazon.com Inc abruptly scrapped plans to build a major outpost in New York that could have created 25,000 jobs, blaming...

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Exclusive: Walmart, Google-backed Deliv end online grocery partnership
News 2 months ago
Exclusive: Walmart, Google-backed Deliv end online grocery partnership

The world's largest retailer began bolstering its partnerships with third-party courier firms to reach consumers in 100 U. S. cities last year,...

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IKEA accelerates services drive as competition stiffens
News 2 months ago
IKEA accelerates services drive as competition stiffens

STOCKHOLM/NEW YORK (Reuters) - Jessica Reznik likes IKEA's prices but not do-it-yourself. So when the Swedish furniture giant said a handyman on...

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Marriott teams up with Kuwait Projects on St. Regis resort in Morocco
News 2 months ago
Marriott teams up with Kuwait Projects on St. Regis resort in Morocco

DUBAI (Reuters) - United Real Estate Co., a unit of Kuwait Projects Co, and Marriott International said in a joint statement on Saturday that they...

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Amazon reconsiders New York headquarters over local opposition: Washington Post
News 2 months ago
Amazon reconsiders New York headquarters over local opposition: Washington Post

WASHINGTON (Reuters) - Amazon.com Inc is reconsidering locating part of its new headquarters in New York because of local opposition, the...

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Amazon exploring potential alternatives to New York HQ: source
News 2 months ago
Amazon exploring potential alternatives to New York HQ: source

WASHINGTON (Reuters) - Amazon.com Inc is exploring alternatives to locating part of its new headquarters in New York in case the plan should fail...

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Exclusive: Food retailer Smart & Final explores sale - sources
News 2 months ago
Exclusive: Food retailer Smart & Final explores sale - sources

(Reuters) - Smart & Final Stores Inc (SFS. N), a U.S. food retailer controlled by private equity firm Ares Management Corp (ARES.N), is exploring...

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Sainsbury's-Asda deal could live with upwards of 132 store disposals: UBS
News 2 months ago
Sainsbury's-Asda deal could live with upwards of 132 store disposals: UBS

Sainsbury's-Asda deal could live with upwards of 132 store disposals: UBS LONDON (Reuters) - The proposed merger of Sainsbury’s and rival...

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Tesco cost cuts put 9,000 UK jobs at risk
News 2 months ago
Tesco cost cuts put 9,000 UK jobs at risk

LONDON (Reuters) - Tesco, Britain’s biggest retailer, could ax 9,000 jobs in its UK stores and head office with its latest move to simplify...

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Supermarket retailer Casino to sell six stores to rival Leclerc
News 3 months ago
Supermarket retailer Casino to sell six stores to rival Leclerc

Supermarket retailer Casino to sell six stores to rival Leclerc FILE PHOTO: The logo of Casino shop is seen in Nice, France, January 15, 2019....

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Sears chairman prevails in bankruptcy auction for retailer with $5.2 billion bid: sources
News 3 months ago
Sears chairman prevails in bankruptcy auction for retailer with $5.2 billion bid: sources

Sears chairman prevails in bankruptcy auction for retailer with $5.2 billion bid: sources NEW YORK (Reuters) - Sears Holdings Corp Chairman Eddie...

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U.S. start-up CommonGrounds raises $100 million, unveils 'hackable' shared office
News 3 months ago
U.S. start-up CommonGrounds raises $100 million, unveils 'hackable' shared office

NEW YORK (Reuters) - CommonGrounds, a California start-up trying to carve out a niche in the crowded flexible workspace sector with movable office...

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Ralph Winter office to invest $300 million in Medici U.S. shared housing
News 3 months ago
Ralph Winter office to invest $300 million in Medici U.S. shared housing

Ralph Winter office to invest $300 million in Medici U. S. shared housing NEW YORK (Reuters) - Medici Living Group said on Tuesday the family...

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Shoe retailer Payless to explore options, including sale: sources
News 3 months ago
Shoe retailer Payless to explore options, including sale: sources

FILE PHOTO: A Payless ShoeSource store logo is pictured in the Manhattan borough of New York, New York, U. S. April 4, 2017. REUTERS/Carlo Allegri...

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CapitaLand bets on new markets with $4.4 billion Temasek real estate deal
News 3 months ago
CapitaLand bets on new markets with $4.4 billion Temasek real estate deal

CapitaLand bets on new markets with $4.4 billion Temasek real estate deal SINGAPORE (Reuters) - Singapore’s CapitaLand (CATL. SI) is forking out S...

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CapitaLand targets new growth markets with $4.4 billion Temasek real estate deal
News 3 months ago
CapitaLand targets new growth markets with $4.4 billion Temasek real estate deal

SINGAPORE (Reuters) - Singapore’s CapitaLand (CATL. SI) is paying S$6 billion ($4.4 billion) to scoop up logistics and industrial assets from state...

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Sears chairman confirms new $5 billion bid to save bankrupt retailer
News 3 months ago
Sears chairman confirms new $5 billion bid to save bankrupt retailer

(Reuters) - Sears Holdings Corp (SHLDQ. PK) Chairman Eddie Lampert confirmed on Thursday he has made a new takeover bid of more than $5 billion for...

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Sears chairman submits new $5 billion bid to save bankrupt retailer
News 3 months ago
Sears chairman submits new $5 billion bid to save bankrupt retailer

(Reuters) - Sears Holdings Corp (SHLDQ. PK) Chairman Eddie Lampert submitted a revised takeover bid of more than $5 billion for the company,...

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Exclusive: Sears chairman submits new roughly $5 bln bid to save retailer - sources
News 3 months ago
Exclusive: Sears chairman submits new roughly $5 bln bid to save retailer - sources

NEW YORK (Reuters) - Sears Holdings Corp Chairman Eddie Lampert submitted a revised roughly $5 billion takeover bid for the company on Wednesday,...

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Exclusive: Sears chairman submits new roughly $5 billion bid to save retailer - sources
News 3 months ago
Exclusive: Sears chairman submits new roughly $5 billion bid to save retailer - sources

NEW YORK (Reuters) - Sears Holdings Corp Chairman Eddie Lampert submitted a revised roughly $5 billion takeover bid for the company on Wednesday,...

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Owners of New York's Chrysler Building hire CBRE to sell property
News 3 months ago
Owners of New York's Chrysler Building hire CBRE to sell property

Owners of New York's Chrysler Building hire CBRE to sell property FILE PHOTO: The Chrysler building is pictured in the Manhattan borough of New...

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New York's iconic Chrysler Building put up for sale
News 3 months ago
New York's iconic Chrysler Building put up for sale

NEW YORK (Reuters) - The Chrysler Building, an Art Deco masterpiece that has been a defining image of New York City’s skyline for decades, has been...

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