National
Dollar General thrives amid retail apocalypse
Don’t tell Dollar General that brick-and-mortar retail is dead. The retailer plans to open 1,050 new stores this year,...
Retail
The Latest
National
McDonald’s to shutter hundreds of Walmart outposts
As fast-food restaurants with drive-throughs have gained popularity, those without have waned. Now, McDonald’s is planning to close hundreds...
National
Mall vacancy rate hits all-time high
It’s not just office and residential landlords who need to worry about soaring vacancy rates. The vacancy rate for regional and superregional malls hit 11.4 percent in the first quarter of 2021, the highest...
National
Rock-bottom prices: 11 malls whose valuations have tanked
The pandemic has wreaked havoc across the retail industry, but few have been hit harder than second-tier malls. And...
National
Retail spending falls in February, but here come stimulus checks
Retail sales in February dropped 3 percent from January, a sharper decline than expected, but reflecting the timing of...
National
AMC reopens 90% of U.S. theaters
The show is going on for AMC. The international movie theater chain has reopened nearly 90 percent of its U.S. cinemas. AMC Entertainment Holdings said Wednesday that 527 out of 589 domestic theaters have...
Had American Dream “burned down,” it would have been better: exec
The nightmare continues for owners of New Jersey’s American Dream retail complex. Facing a cash-flow crisis, the Ghermezian family...
New York
NYC, New Jersey restaurants to open at 50% capacity
New York City restaurants are on a rapid pace to reopening. Gov. Andrew Cuomo announced Wednesday that restaurants in...
National
Coming attraction: Movie theaters reopen in New York, San Fran
Movie theaters in New York City and San Francisco have been dark for a year now, but that changes...
National
Leisure, hospitality big winners in February job gains
Leisure and hospitality may finally be on the road to recovery. The industry added 355,000 jobs in February, as...
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