Archives
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
Successor to Art Van Closes Multiple Locations
/in Northern Michigan, SE Michigan /by Tracy WillisLoves Furniture is shrinking its business footprint due to supply chain issues in Asia, caused by COVID. The company plans to close Michigan stores in Dearborn, Waterford, Port Huron, Livonia, Burton, Saginaw, Bay City, Muskegon, and Petoskey, where it just opened a store on November 7, 2020. Although the company claims that customer demand is high, the company claims it can not fill the inventory needs of the stores.
Michigan Downtowns Take A Hit From Remote Work
/in Detroit, Grand Rapids, Northern Michigan, SE Michigan, Western Michigan /by Tracy WillisDowntown businesses have lost a significant percentage of their consumers due to remote work trends. The number of empty commercial real estate sites is preventing the resurgence of downtowns. Owners are creatively repurposing empty sites to adapt to the need for affordable housing, remote employee wifi access, and coworking spaces.
Northern Michigan Real Estate Booms As Builders Struggle To Meet Demand
/in Northern Michigan /by Dave NykanenRising construction costs, due in part to a stressed supply and demand chain, cause Northern Michigan builders to focus on high-end homes in the interest of profits. Moderate and low-income buyers struggle to find affordable housing. MSHDA has established a program for the 2020-2021fiscal year to aid lower-income buyers purchase homes at an attainable price point.