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Tag: reeling

The New York retail real estate market is reeling

A woman wearing face mask walks by a closed store at Times Square on April 12, 2020 in New York City. Liao Pan | China News Service | Getty Images The coronavirus pandemic is pummeling the retail real estate market in New York City, with rents tumbling and not expected to turn around anytime soon, …

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Toast, $5 billion start-up, reeling from coronavirus restaurant impact

A sign hangs on the door of a shuttered restaurant in the Chicago Loop on March 19, 2020 in Chicago, Illinois. Scott Olson | Getty Images When the calendar turned to 2020, Toast was one of the hottest names in technology. Shares of the privately held company, which makes software for restaurants, were in high …

Toast, $5 billion start-up, reeling from coronavirus restaurant impactRead More