New York City will turn vacant retail space into Covid test sites Vacant retail spaces in New York City may be converted into places for rapid testing for the coronavirus.
Shoppers flock to malls on New Year’s Eve Visits to malls in 2020 peaked in February, and traffic reached its lowest point in April.
Chinese authorities may nationalize Alibaba The media has been discussing rumors that Alibaba owner, Jack Ma, has not spoken out publicly for several months.
Walmart couriers deliver groceries directly to smart refrigerators The retail giant will try out grocery delivery directly to a "smart" refrigerator installed near customers' homes.
Cashierless stores from Amazon and Hudson to appear in airports Amazon's Just Walk Out solutions will allow travelers to select items and "just walk out" of the store - payment will be automatic.
Champs-Elysées to be transformed into a giant garden The project will reduce car traffic and create an "extraordinary garden" almost two kilometers long.
Store rents have collapsed in New York City Massive store closures have pushed commercial rents to historic lows.
Inditex to close all Bershka, Pull & Bear, and Stradivarius stores in China Inditex brands in China are experiencing increasing competition from a host of local online competitors.
Dubai will simplify the rules for shopping malls Visitors to malls in Dubai can now use public benches and chairs located in the lobbies to relax.
Epic Games to buy mall for $95 million A new headquarters for the company will be established in the old mall, with renovations scheduled to be completed by 2024.
Chinese electric car manufacturers have rushed into shopping malls Automakers have become the real savior for commercial real estate owners still reeling from the coronavirus pandemic shock.
Apple Closes All Stores in the U.K. Apple will temporarily close its remaining 18 stores in England and Scotland on January 5, 2021.
