News:
Brokerage
Posted: January 21, 2010
Enployment in the retail sector rising
An analysis of Labor Department data by global outplacement firm Challenger, Gray & Christmas Inc. found that employment in the retail sector grew by 321,300 in November. That is a 37% improvement over November of last year, when just 233,700 workers were added to retail payrolls. This increase comes despite the fact that November retail sales were the weakest in 35 years, according to some reports.
Including October hires, retailers have now added a total of 375,500 seasonal workers as of Nov. 30. That is nearly as many as the 384,300 added in October, November and December of last year.
MORE FROM Brokerage
Arnold of Mott & Chace Sotheby’s International Realty sells 17 Ferolbink Way for $4.5 million
Little Compton, RI Mott & Chace Sotheby’s International Realty sold 17 Ferolbink Way, for $4.5 million. The sellers were represented by Cherry Arnold, sales associate of Mott & Chace
Quick Hits
Columns and Thought Leadership
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
