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Once-bustling NYC Flatiron District struggles with empty stores, theft

Flatiron is in ruins. Manhattan’s once-thriving business district is now a virtual wasteland dotted with vacant storefronts, with local residents blaming a spike in crime and the Big Apple’s dismal post-pandemic retail real estate market. There is. “Big box” retailers such as Lowe’s, Bed Bath & Beyond and Staples have departed in recent years, leaving […]

Kroger, Albertsons to sell 166 more stores with $25B merger in limbo

Scott Moses defended the Kroger-Albertsons merger, claiming the Kraman Countdown would further reduce grocery prices. Kroger and Albertsons announced Monday that the companies are increasing the number of grocery stores they sell to C&S Wholesale Grocers to address federal regulators’ concerns about food impacts. Proposed $25 billion merger About competition. 166 more kroger & albertsons […]

Home Depot stores look to security to keep migrants at bay

A New York hardware store is deploying guard dogs to protect shoppers from aggressive immigrants and thieves crowding its parking lot, and it has emerged that other stores may be close behind. On Tuesday, two men wearing MSA security caps and bulletproof vests patrolled a New Rochelle hardware store with a German shepherd in tow. […]

Rite Aid to close 53 more stores across 9 states amid bankruptcy proceedings

Rite Aid plans to close 53 additional stores in nine states across the U.S. as part of its bankruptcy proceedings, according to a recent court filing. Stores will close in California, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Pennsylvania and Virginia. On March 28, Rite Aid received permission from a bankruptcy judge to begin […]

San Francisco lawmakers want to let city residents sue grocery stores

Two San Francisco progressives are pushing a bill that would allow residents of the crime-ridden city to sue grocery stores that close without six months’ notice. A proposal by San Francisco Board of Supervisors members Dean Preston and Aaron Peskin would require businesses to find replacement grocery stores or make plans with nearby residents to […]

San Francisco proposal would require grocery stores to give 6 months notice before closing

David Rafael, co-owner and vice president of Rafael’s, argues that San Francisco’s progressive ideology breeds crime and attracts homelessness to Varney & Co. a San Francisco The lawmaker introduced a proposal that would require grocery stores in the city to give six months’ notice before closing and consider alternative supermarket locations. Dean Preston, a member […]

99 Cent Only Stores to shut down all 371 locations, citing inflation

The national chain of 99 Cents Only Stores, which has 371 stores in four states, is shutting down, with operators citing out-of-control inflation and theft. “This was a very difficult decision and not the outcome we expected or hoped to achieve,” 99 Cents Only Store interim CEO Mike Simoncic said Friday. Ta. Simonick cited several […]