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Nov 28 2023
News
Fashion Retailer Shein Has Confidentially Filed For U.S. Public Offering, Reports Say
Online fashion retailer Shein has made a confidential filing to go public in the U.S. stock market, according to several reports, in what is expected to be one of the biggest initial public offerings in the last few years. The company—founded in China but now headquartered in Singapore—is targeting a $90 billion valuation, Reuters and Bloomberg reported. The company has picked Goldman Sachs,
ForbesApr 29 2024
News
New Dallas County parking garage will serve as base for hotel
The opening of a 12-story parking garage and retail development in downtown Dallas will serve as the foundation for a future hotel set to front the Kay Bailey Hutchison Convention Center Dallas expansion. On May 1, the first phase of a $66.8 million mixed-use project from Dallas real estate investment firm Serra Real Estate Capital and Dallas County will formally launch along Jackson and
The Dallas Morning NewsMay 03 2023
News
Nordstrom is the latest retailer to leave San Francisco
Nordstrom is closing both of its stores in downtown San Francisco, citing the changing “dynamics” of the area that hasn’t recovered since the pandemic and has been in the spotlight for crime. The two locations are a 312,000-square-foot, five-floor Nordstrom department store at the Westfield mall and a Rack, its discount outlet, across the street on Market Street. Both locations will close in
CNN (Online News)Jan 02 2023
News
These Maryland Retailers Are Closing Locations In 2023
As the threat of recession looms over Maryland, chains could face yet another difficult year with a whole new set of challenges. Months of inflation have caused operating costs at retail spaces to spike and have chipped away at the sales of mid-tier retailers, experts said. Even for chains that survived the pandemic, a spate of closures could be on the horizon for both department stores and
Patch.comAug 23 2023
News
Portland police nab 25 suspects in retail theft crackdown
Police in Portland, Oregon, arrested over two dozen people as part of a sting operation targeting retail thieves, authorities said Monday. The 25 suspects taken into custody over the weekend resulted in 16 felony charges, police said, with an additional 15 misdemeanor warrants serviced. Authorities said they recovered four stolen cars, three guns, illegal drugs and over $24,000 in cash. The
Washington TimesSep 27 2023
News
NYC Target Store To Close; Theft, Organized Retail Crime To Blame
NEW YORK CITY - Target will close nine U.S. stores next month, including one New York City location, because of overwhelming theft and crime at those locations, the Minneapolis-based retail giant said Tuesday. The other stores that are closing are located in Seattle, Portland, and the San Francisco area. All nine locations will be shuttered on Oct. 21. The soon-to-be-shuttered New York City
Patch.comSep 26 2023
News
Target announces nine store closures, cites 'organized retail crime'
Target announced Tuesday that nine of its stores across the country will be closed. The company will close stores in New York City, the San Francisco Bay area, Portland and Seattle, explicitly citing retail theft as the driving factor for the closures. "We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and
"USA Today" ContributorSep 26 2023
News
Target closing 9 stores nationwide due to retail theft, company announces
SAN FRANCISCO -- Target will close nine store in four states, including one in East Harlem, New York and three in San Francisco, saying that theft and organized retail crime have threatened the safety of its workers and customers. The closings, which will be effective Oct. 21, also include three stores in Portland, Oregon, and two in Seattle. Target said that it still will have a combined 150
ABC 7 Los AngelesSep 26 2023
News
Target will close 2 Seattle stores due to theft, organized retail crime
The stores will be closed on Oct. 21. Target said the University Way and Ballard stores will be shuttered on Oct. 21. According to Target, 22 stores will remain open in the Seattle area. About 4,000 people are employed at the various Target locations throughout Seattle. “We know that our stores serve an important role in their communities, but we can only be successful if the working and
KING 5 NewsMay 01 2024
News
Nearly 100-year-old Laveen farmhouse, slated for reuse as a restaurant, destroyed in fire
A nearly 100-year-old farmhouse in Laveen that was planned to be a centerpiece of a new retail development was destroyed April 30 in a fire. The building, called Hudson Farm, located near 59th Avenue and Dobbins Road, dates back to about 1926, according to Phoenix records. It was deemed eligible for listing on the National Register of Historic Places but was not listed on the register. “The
AZ Central