Salesforce: Global online holiday sales top $1T by mid-December; U.S. sales up 4%
With a week left until Christmas Day, holiday sales are trending upward from last year. New analysis from Salesforce indicates that during the first 45 days of the 2025 holiday season (Nov. 1 and Dec. 15), global online sales have risen 7% year over year, reaching a total of $1.033 trillion from $849 billion. In the U.S., online sales are up 4% year over year to $238 billion. While average selling price has increased 6% globally and 7% in…»
Huge Scottsdale Old Town project approved
Old Town visitors, residents and neighboring businesses, look up – and meet Scottsdale City Center. Though not by any means all of the piece, this is a big chunk of the massive, unprecedented “Scottsdale Collection” approved by a razor-thin 4-3 council vote Dec. 7, 2020. Current Councilwomen Solange Whitehead and Kathy Littlefield cast two of the three votes against the project. Five years later, the 3-acre Scottsdale City Center…»
Large power plants aren’t the only solution for Arizona’s power needs, experts say
While Arizona utilities invest in new gas pipelines and other large projects, some energy experts say smaller-scale devices — many located in residential homes — will play an equally significant role in addressing the state’s growing power demands. Distributed energy resources refer to a broad range of technologies that can produce and store energy close to where it is actually being used. That includes rooftop solar panels, in-home…»
Hines acquires site for apartments at The Trailhead in Peoria
Multifamily developer Hines purchased 14.6 acres in Peoria for a 336-unit apartment community. The project is located within The Trailhead, a mixed-use master-planed development at 83rd Ave. and Happy Valley Road. “This multifamily property will not only elevate the community with a distinctive luxury living experience but also meet growing demand for high-quality housing in the Happy Valley Corridor,” Chris Anderson, senior…»
The state of housing in Phoenix: Homebuilders are catching up, but costs remain high
As the end of the year nears, The Show is taking some of the biggest issues facing Arizona — what’s happened in those arenas in the last year and what’s next for them in the new year. Let’s zoom in on housing. From affordable housing to backyard casitas to barriers to homebuilding — housing is never far from the headlines in Arizona. And now, it’s getting even more interesting as we’re seeing the Valley’s seemingly unending…»