Blame shoplifting scourge and blasé lawmakers
Vacant storefronts are both a sign and a cause of economic distress — and they’ve nearly doubled in the city since the pandemic. Per the city Department of Finance, more…
Rite Aid to close 53 more stores across 9 states amid bankruptcy proceedings
Rite Aid is shuttering 53 additional stores in nine states across the US as part of the company’s bankruptcy proceedings, according to recent court filings. Stores are closing in California,…
99 Cent Only Stores to shut down all 371 locations, citing inflation
The national chain of 99 Cent Only Stores — consisting of 371 locations in four states — is shutting down, with operators blaming unmanageable inflation and theft. “This was an…
NYC Trader Joe’s Wine Shop could reopen after union-busting allegations
The beloved Trader Joe’s Wine Shop in Union Square — which outraged New Yorkers when it abruptly shuttered in 2022 — could reopen in response to a union-busting complaint filed…
AT&T to shut flagship store in downtown San Francisco
Wireless carrier said Friday it would close its flagship store in downtown San Francisco, deepening the real estate pain in the once-booming tech hub that has been particularly hard hit…
Disney restaurants Catal Restaurant and Uva Bar set to close
One of the original restaurants in the heart of Downtown Disney in Anaheim, California, will close its doors for good in two weeks. Catal Restaurant and its popular outdoor Uva…
REBNY gala to return to seated affair in 2023
Industry bigs who had foot cramps after the Real Estate Board of New York’s annual gala last year can relax: they’ll have a place to sit next time. A REBNY…
SoulCycle last 20 places throughout US because of pandemic
SoulCycle is slimming down. The once-hot workout chain — some other folks had been identified to take more than one categories an afternoon — is last 20 of its 82…