Retail

Historically, companies ramp up restructuring after large economic shocks with an eye toward labor-saving technologies.

Without anyone paying much notice, our collective overreliance on wage data has had the perverse effect of allowing prices to rise even as earnings remained stagnant.

The problem is that these elaborate venues require expensive upfront investments and, like any new concept, can be risky.

New research by Archer.re and its partners promotes the strategy of having individual portfolios for each property type within each city to allow investors to make independent real estate investment decisions.

A sale could attract private-equity firms and value the closely held business at more than $10 billion, Bloomberg News reported Wednesday, though the plans are still in an early stage.

Some suppliers had begun to halt shipments to the retailer in recent months, concerned about the company’s outlook.

The consumer pullback poses a particular existential threat for the retailers in the deepest financial trouble.

Housing Works, a New York City-based nonprofit that runs a chain of thrift shops, will launch sales at a 4,400-square-foot Manhattan dispensary at 1 Astor Place, Governor Kathy Hochul said on Wednesday. All proceeds will be directed to the nonprofit.