EBay Ventures invests in sporting goods marketplace SidelineSwap
By Tatiana Walk-Morris
Bed Bath & Beyond, Toys ‘R’ Us and RadioShack all shut down for the same reason
By Nathaniel Meyersohn, CNN In the 1980s, a new type of specialty retail chain started to emerge: “category killers.” The stores’ powerhouse business model was aimed at giving shoppers access to every different size, style and color of a product imaginable – all in one place and at reduced prices. Category killers, which began to dominate […]
Bed Bath & Beyond, finally in Chapter 11, is going out of business
Daphne Howland Senior Reporter Dive Brief: Dive Insight: Founded in 1971, Bed Bath & Beyond is one of the original “category killers” — retailers that took advantage of department stores’ declining appeal to establish specialty stores offering discount prices. The home goods company went public in 1992 and its revenues surpassed $1 billion by 1999, per its court […]
FACT SHEET: Biden-Harris Administration Announces New Standards and Major Progress for a Made-in-America National Network of Electric Vehicle Chargers
Today, the Biden-Harris Administration announced its latest set of actions aimed at creating a convenient, reliable and Made-in-America electric vehicle (EV) charging network so that the great American road trip can be electrified. These steps will help the United States meet President Biden’s ambitious goals to confront the climate crisis, by building a national network […]
Amazon Names New VP Of Global Corporate Real Estate
January 26, 2023 Jarred Schenke, Bisnow Atlanta Amazon has tapped a Harvard-educated designer with experience in drafting municipal land use policies as its new vice president of worldwide corporate real estate and facilities. Amazon named Shannon Loew to the position previously held by John Schoettler, who will remain with the company, the Austin Business Journal reported. Loew’s hiring comes as […]
Rising Interest Rates Hit Landlords Who Can’t Afford Hedging Costs
By Will Parker Follow and Konrad Putzier Follow Updated Jan. 17, 2023 3:03 pm ET The cost of insuring commercial real-estate loans against a rise in interest rates has exploded over the past year, raising the prospect of a market selloff since many property owners will no longer be able to afford these hedges. About one-third of […]
Fed Set to Shrink Rate Hikes Again as Inflation Slows
Jan 28, 2023 Fed Set to Shrink Rate Hikes Again as Inflation Slows Kate Davidson and Craig Stirling, Bloomberg News Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., US, on Wednesday, July 27, 2022. Powell said while some commodity […]
Lego is ditching Connecticut for Boston, which aims to ‘become the most family-friendly city in the country’
BYTHE ASSOCIATED PRESS January 25, 2023 at 12:46 AM EST The Lego Group announced Tuesday that it will move its North American headquarters from Enfield, Connecticut, to Boston, Massachusetts, by the end of 2026. Skip Kodak, president of the Lego Group in the Americas, said in a release that the move supports the Denmark-based global toymaker’s […]
Shoppers Weigh In on Most Popular Grocers
Lynn Petrak Senior Editor YouGov, an international data and analytics group that regularly conducts polls on a range of topics, is out with its latest list of the most popular grocers in the United States. The research firm surveyed consumers during the fourth quarter of 2022. What does “popular” mean in this context? YouGov bases that […]
BJ’s Wholesale Club Completes Headquarters Relocation
By Boston Real Estate Times – January 23, 2023 CANTON, MA – BJ’s Wholesale Club (NYSE:BJ) has moved into its new 190,000 SF corporate headquarters located on Campus Drive in Marlborough, MA. The move maximizes BJ’s corporate space to house team members and meet with vendors and partners while implementing new technology and modern amenities […]