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How To Choose The Best Location For Your Business

Retail Minded

Choosing the right location for your company is essential since it will have a direct impact on your business success. The right location will boost your visibility, improve accessibility, and connect you with your target audience. So, choosing the wrong location will restrict your options and cost you money.

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WeWork Closing About 40 Locations in the US

Small Biz Trends

The leading global flexible space provider, WeWork, has announced plans to exit around 40 locations in the United States consisting of around 41,000 workstations. WeWork Closing About 40 Locations in the US. Headquartered in New York City, the company operated 19.8 What WeWork Closures Mean for Businesses and Freelancers.

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Harrolds exits Pacific Fair after rent negotiations fall through

Inside Retail

Luxury fashion retailer Harrolds has, effective immediately, shuttered its Pacific Fair, Gold Coast, location after months of negotiations with landlord AMP Capital fell through. The menswear and womenswear store, situated across two levels, was launched in 2016. “We

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Simon Calls Off Merger With Taubman, Citing Impact Of COVID-19

Retail TouchPoints

The merger agreement specifically gave Simon the right to terminate the transaction in the event that a pandemic disproportionately hurt Taubman,” according to a Simon statement.

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Target, Macy’s and Dollar Tree Prep for a Tough Year Despite Holiday Success

Retail TouchPoints

Macy’s Sees its Future in Luxury and Off-Mall Locations Macy’s has been diligently modernizing its operations for the past several years, and its performance in the coming months will be a sign of whether its efforts are paying off. That’s a clear advantage in the near term and remains our focus over the long term.”

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Retail Logistics: Boosting Efficiency and Productivity

Retail TouchPoints

Their critical shortcoming is the lack of valuable metadata, including data collected from barcode scans, pedometer readings, timing and location. This process often consumes a substantial amount of labor, time and cost, accounting for 50%-75% of total operating expenses in a typical retail store.

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Costco, Nordstrom And Abercrombie Results Showcase Retail Fortunes Across Three Verticals

Retail TouchPoints

Nordstrom, like many other department stores, had a much weaker quarter: overall sales fell 40% , with full-price locations dropping 36% and the off-price division declining 45%. of its locations and plans to have all stores operational again by the end of June. Abercrombie has a similarly positive outlook despite its troubles.