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Tag: retail

co-tenancy leasing

Expect To See Co-Tenancy Leases Applied Beyond Retail Shopping Centers

November 12, 2020November 17, 2020rcbizjournal

We expect to see a significant application of co-tenancy clauses from the retail sphere to all types of commercial leases, says real estate attorney Judith Bachman

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store closing

How Many Of These Retailers Will Hold On In Nanuet?

August 15, 2020August 19, 2020rcbizjournal

Nanuet, a shopping mecca, began experiencing a retail crisis at least a year before the coronavirus pandemic. But shutdowns, slow openings and a teetering economy reveal the extent of the weakness and uncertainty going foward.

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malls reopening

Malls Begin Re-Opening But Will They Remain Vital?

May 20, 2020rcbizjournal

Malls around the nation that had been closed since March to prevent the spread of COVID-19 began opening within the last two weeks, but foot traffic remained anemic, according to data from Placer.ai.

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april economic figures

April’s Economic Snapshot: Retail Sales, Unemployment, Consumers’ Fears

May 15, 2020May 19, 2020rcbizjournal

Retail sales in the U.S. plummeted 16.4 percent in April, for the largest two month decline, according to the Commerce Department. That followed an 8.3 percent plunge in March.

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furloughed employees

Pandemic Furloughs Half A Million Retail Workers

April 1, 2020April 8, 2020rcbizjournal

Retail workers livelihoods are under siege as the industry battles the financial fallout from the COVID-19 pandemic.

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dark store theory

State Assembly Unanimously Passes Legislation To Combat “Dark Store” Assessment Challenges

January 31, 2020October 29, 2021rcbizjournal

The New York State Assembly unanimously passed legislation this week that would establish clear and unambiguous guidelines for assessors to utilize when formulating assessments (A4752-C).

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Express

Express To Close 100 Stores; Apparel Retailers Continue To Hurt

January 22, 2020January 29, 2020rcbizjournal

Express, the trendy apparel store with locations in the Palisades Center and The Shops at Nanuet plans to close about 100 stores by 2022, including nine already closed last year, 31 by the end of this month and 35 by the end of January 2021.

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Business ranking

Rockland Is Fastest Growing Suburban County For Business Growth In State

December 13, 2019December 19, 2019rcbizjournal

Rockland County in 2018 ranked third among New York’s 62 counties for the fastest pace of business growth, according to Smart Asset, a financial tech company that bases rankings on business growth, GDP, new building permits and federal funding.

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teens

Gen Zers Are Spending Less; Lowest Level Since 2011

October 14, 2019October 17, 2019rcbizjournal

Teenagers or Gen Xers are spending less as they worries about the economy become more potent

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retail ratings

Retail’s Darwinian Landscape Narrowing The Field; Trump’s Tariff’s Not Helping

May 16, 2019rcbizjournal

Some 17% retailers covered by S&P Global remain financially vulnerable, according to a report this week from the ratings agency. Big boxes and chain restaurants make up the most significant portion of the distressed companies.

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