Macy’s to Launch Small-Format Concept in Dorchester
A staple of suburban mall shopping is coming to Boston’s biggest neighborhood.
A staple of suburban mall shopping is coming to Boston’s biggest neighborhood.
Online sales at Target more than doubled as the pandemic put millions in lockdown during the first quarter, revealing further the critical role big box stores played in getting supplies to an immobilized population.
Major retailers including J.C. Penney, Macy’s and Nordstrom have furloughed hundreds of thousands of workers, while Walmart and Amazon are on hiring sprees to try to meet the surging demand of shoppers buying online or for curbside drop-off or delivery.
Call it a tale of two industries. Executives continue to be awed by the industrial sector’s transformation. But for retail real estate, analysts wonder when the carnage will end, as e-commerce firms continue to bite into the sales of large, brick-and-mortar retailers.
Marijuana at the mall? In Springfield, it’s looking like it will soon stop being the sole province of disaffected teens and start being the realm of economic development.