Tuesday, November 28, 2017

WeWork reportedly expanding into retail

That ambitious, well-funded 21st century startup WeWork might be keen on expanding into retail — physical retail no less — is among the best kind of rumors the beleaguered industry has hosted in a while. CEO and co-founder Adam Neumann himself has suggested that there's a place for retail in the company's operations.

"As a business with an emphasis on human connections in physical spaces, we will continue to create jobs within this city while simultaneously re-energizing the traditional retail experience," he said last month in a statement about the company's Lord & Taylor acquisition.. . . more

No comments: