Retailers have regularly pivoted their business models over the past 18 months as changing guidance from world health organizations and national and local governments continue to change the rules of operation.
Sam’s Club is following the lead of other retailers and raising its minimum wage as companies find themselves in hot competition to attract workers amid a tight labor market.
Rite Aid is moving its corporate headquarters from its longtime location in Camp Hill, Pa., to a new “enterprise headquarters” in Philadelphia’s Navy Yard district.
Betty Castro, who directed Cushman & Wakefield’s Manhattan office leasing for the past three years, has moved into a similar role in retail leasing with Ripco Real Estate.