Buyers walk past a Coach outlet store. Luke Sharrett | Bloomberg | Getty Images Coach and Kate Spade owner Tapestry said Thursday that online sales in the last four years increased a three-digit percentage from a year ago as consumers sat at home during the coronavirus pandemic to their websites …
Read More »Empty apartments in Manhattan reach record highs, above 13,000
The number of vacant apartments for rent in Manhattan rose to its highest level in recent history, above 13,000, when residents fled the city and landlords struggled to find new tenants. The number of apartments for rent, as an inventory listing, has more than doubled than last year and set …
Read More »American Airlines was able to cut some flights required under federal aid conditions as expiration nears
Passenger planes of American Airlines followed a collision where they parked due to flight reduction to slow the spread of coronavirus (COVID-19) disease, at Tulsa International Airport in Tulsa, Oklahoma, US March 23, 2020. Nick Oxford | Reuters American Airlines is preparing for flights that serve two dozen medium-sized and …
Read More »Why Cathay Pacific, Singapore Airlines may take longer to recover
Aircraft operated by Cathay Pacific Airways Ltd. stands on Friday, August 7, 2020 at the intestinal surface at Hong Kong International Airport in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images Singapore Airlines and Hong Kong’s Cathay Pacific Airways will “immutably” take a long time to recover from …
Read More »United betting on sun-seekers with new Florida flights
A United Airlines Boeing 737-800 and United Airlines A320 Airbus on sight approaching San Francisco International Airport, San Francisco. Louis Nastro | Reuters United Airlines is making a play for Florida this fall and winter, a bet that sun-seekers from northern states will become a bright spot for the carrier, …
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