retail shopping
Life science facility opens in old Raleigh grocery store
Biosystems company TARGAN has officially opened its new facility called the Midtown BioCenter. Gov. Roy Cooper attended Tuesday’s ribbon cutting at 350 East Six Forks Road. It’s the first life science-focused facility in the Midtown Raleigh area. “When you think about this company and what it has done in...
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Party’s over for Party City as company files for bankruptcy
Party City filed for bankruptcy protection Tuesday, weighed down by competition and years of financial losses.
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Retail sales are falling – even through the holiday season
It was a ho-hum end to 2022 for spending in America as U.S. retail sales continued their fall in December, decreasing by 1.1%, more than was expected.
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That ‘out-of-stock’ message you’re getting online? Get used to it
Seen an ‘out-of-stock’ message when attempting to place an online e-commerce order? Yeah. Get used to it, a new report says.
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Shoppers are still spending, despite concerns about supply chains, inflation
Retail sales in September grew 0.7% compared to August, outpacing expectations by nearly 1%.
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Retail shopping for back-to-school: a nightmare?
Expect supply chain issues and shortages to impact back-to-school items, especially popular or essential ones.
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After unprecedented 2020 for malls, will they rebound in 2021?
Retail shopping at brick-and-mortar locations plummeted in 2020, and shopping malls, if open, often felt like ghost towns. How did commercial real estate companies with holdings in this sector fare in 2020? One company reported results today, about five months after declaring bankruptcy.
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Black Friday finally dead? Some retail experts say yes
Against the background of a pandemic and retail sales on the decline, many retail experts are warning that Black Friday could soon become a thing of the past.
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