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Sears, Struggling to Sell Goods, Markets a Valuable Asset: Real Estate

Shoppers may no longer come in droves for wrenches, watches or washing machines. But Sears, the once-ubiquitous department store that has been battered by the growth of e-commerce, may have […]




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The Holiday Shopping Season Is Here, but Is It Back?

The pandemic is not over but with the help of vaccinations and Covid-19 safety precautions, Santa Claus is feeling much better about coming to town this year.Stephen Arnold, president of […]




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Target Store Closings Show Limits of Pledge to Black Communities

BALTIMORE — When Target announced that it was opening a store in Mondawmin, a predominantly Black neighborhood in this city struggling with crime and poverty, it seemed like a ticket […]




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Ministry of Supply Sold Office Apparel. It Has Had to Rethink Things.

Within weeks, the world changed, though the extent of the shift would not become clear for months. Mr. Advani recalled a sign posted in the brand’s stores in mid-March that […]




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Empty Office Buildings Squeeze City Budgets as Property Values Fall

WASHINGTON — At a meeting with Treasury Secretary Janet L. Yellen last month, Jeff Williams, the mayor of Arlington, Texas, laid out his grim economic predicament: Heavy spending on coronavirus […]







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What 2020 Was Like for People in the Retail Industry

The retail industry was in the midst of a transformation before 2020. But the onset of the pandemic accelerated that change, fundamentally reordering how and where people shop, and rippling […]