City centers may have to be reimagined to solve the problem of vacant storefronts.
Category: Small Business
-
She Rose From Poverty as China Prospered. Then It Made Her Poor Again.
Sun Junli is one of many small-business owners, the backbone of China’s economy, who lost everything to a change in government policy.
-
China’s Property Crisis Is Rippling Through the Economy
As a real estate meltdown ripples through the economy, small businesses and workers are owed hundreds of billions of dollars, and new projects have dried up.
-
Over 3,100 Charged With Pandemic Relief Fraud, Justice Department Says
The department outlined several cases, including one in which the defendants were accused of using fraudulently obtained funds to solicit a murder.
-
Corona Plaza Vendors Fight to Sell Food Legally After Sweeps
New York City officials cracked down on Corona Plaza, a celebrated Queens hub for Latin American street vendors. Its merchants are fighting to legitimize their businesses.
-
Mastercard Moves to Stop Use of Debit Cards at Cannabis Shops
The decision places more strain on the cannabis industry, which largely operates with cash only, and is not uniformly regulated across the United States. The drug is still illegal on the federal level.
-
For Many Small-Business Owners, a Necessary Shift to Digital Payments
The pandemic accelerated a transition to cashless payments, forcing a reckoning among small-business owners. But there are benefits: One owner said the switch saved her $3,000 a month.
-
To Revive a Dying Main Street, One British Landlord Offered Free Rent
In a coastal English town, a floundering shopping district was given new life after 10 local businesses were given free rent for two years.
-
Looming UPS Strike Spurs Some Companies to Rethink Supply Chains
Businesses around the country are facing what could be the latest disruption to how they get their goods to their customers in a timely and affordable fashion.
-
Inside the New Yowie Hotel in Philadelphia
Shannon Maldonado quit her job in fashion design to open a home-goods store, Yowie. Now she’s opening a Yowie hotel where nearly all the décor is for sale.