News

Victoria’s Secret parent reports robust holiday sales; offers upbeat guidance
L Brands reported holiday sales that beat its expectations, boosted by another strong performance from Bath & Body Works.
Report: Bed Bath & Beyond to close 43 stores by end of February
Bed Bath & Beyond is moving on its previously announced plans to close about 200 locations by 2022.

Consumer confidence edges up

Consumer confidence inched up following the passage of the second coronavirus relief package.
U.S. government bans Alipay, WeChatPay payment apps

President Trump has signed an executive order which will prevent the use of eight Chinese payment applications in the U.S., including the popular Alipay and WeChatPay apps.
Why implementing a hybrid cloud should be your New Year’s resolution

Many retailers have adjusted to the ongoing COVID-19 pandemic by committing to online-only sales and expanded sales periods.
Report: Albertsons shifting to third-party delivery in California

Albertsons Cos. is reportedly replacing many delivery drivers in California with in independent contractors.
FreshDirect becomes Ahold Delhaize banner

A New York City-based online grocer is the newest member of Ahold Delhaize’s U.S. family.
Walgreens expects to reach vaccination milestone before end of January

Walgreens expects to complete the administration of COVID-19 vaccine first doses in skilled nursing facilities by Monday, Jan. 25.
As restaurants struggle, Poag signs two new concepts at Metro Atlanta property

One of the saddest effects of COVID-19 is seeing much-loved dining spots close. Will new ones take their places?
Survey: Holiday shipping failed to meet consumer expectations

Many consumers reported various issues preventing their online orders from being fulfilled satisfactorily during the 2020 holiday season.
Beef non-profit raises digital awareness at major grocers

The National Cattleman’s Beef Association (NCBA) is partnering with digital recipe network Chicory to accelerate e-commerce growth of beef at three leading grocery retailers.
5Qs for Ronald Dickerman on urban retail, post-pandemic

Major United States metros have taken a huge hit from COVID-19. To get a view on the street in New York, we went to Ron Dickerman, the founder and president of Madison International Realty.