One of the special aspects of the retail real estate business is that major malls and shopping centers become local focal points in scores, or even hundreds, of communities.
Walmart Inc. reported fourth-quarter earnings that fell short of expectations amid COVID-related costs and ongoing investments in e-commerce and cautioned that it expects sales to be moderate this year.
A global supermarket conglomerate is backing up a commitment to boost its online capacity in the U.S. while increasing its competition with America’s largest grocer.