Recent Posts

‘Experiential’ stores not helping mall footfalls

Bloomberg Mall owners have sung the praises of “experiential retail,” touting it as the saviour of a sector battered by store closures and the shift to online shopping. It turns out the buzz may be a bit overblown. A study by location-data firm Thasos Group shows that malls with a Tesla showroom, Apple store, Eataly or Starbucks Roastery don’t have ...

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‘737 Max not suitable for certain airports’

Bloomberg Before last month’s crash of a flight that began in Ethiopia, Boeing Co said in a legal document that large, upgraded 737s “cannot be used at what are referred to as ‘high/hot’ airports.” At an elevation of 7,657 feet — or more than a mile high — Addis Ababa’s Bole International Airport falls into that category. High elevations require ...

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Wayfair extends ‘Way Day’ sale by 12 hours

Bloomberg It’s not Black Friday — it’s Way Day. In a second-annual event, online home-decor retailer Wayfair Inc is offering its lowest prices of the year. The company promises “Black Friday-low prices on thousands of popular home furnishings, décor, housewares and home improvement products as well as free shipping.” Sales could be notably better than last year, according to Piper ...

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