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american retail | ASHARQ AL-AWSAT English Archive 2005 -2017
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Hilda Awuor lost her job at the Saks Fifth Avenue store in Lower Manhattan last month. She has decided to look for a new career. Credit An Rong Xu for The New York Times


Is American Retail at a Historic Tipping Point?

Is American Retail at a Historic Tipping Point?

New York – Along the cobblestone streets of SoHo, Chanel handbags and Arc’teryx jackets are displayed in shops like museum pieces, harking back to the height of the neighborhood’s trendiness. But rents there are softening, and the number of vacant storefronts is...