PYMNTS
JANUARY 21, 2021
Barneys became the latest brand to rise from the dead recently when the retailer reopened as “ Barneys at Saks ,” a store within a store at the flagship Manhattan site of its former rival, Saks Fifth Avenue. “We However, Barneys fell into bankruptcy in 2019, due in part to rising rents at its Manhattan and Los Angeles stores.
PYMNTS
JUNE 23, 2020
TiffinLabs opened in early 2019 and is operating some kitchens in Singapore, including digital-first restaurant brands Publico Pastabar and Hureideu – Korean Fried Chicken. Singapore-based foodtech company TiffinLabs has acquired access to more than 1,000 kitchens across the U.S., Now, Tiffin Labs wants to expand to the U.S.
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PYMNTS
MARCH 25, 2019
And some eCommerce brands are bringing the convenience of self-service technology into their brick-and-mortar stores. and SoftBank -backed robotics firm Nuro recently announced the rollout of their autonomous grocery delivery service in Houston. In the U.S., Nuro Co-founder Dave Ferguson said in an announcement.
PYMNTS
JANUARY 20, 2020
That last part is important, as nearly 80 percent of users of the BNPL service Afterpay used a mobile phone for their transaction during the 2019 shopping season. Afterpay reported $160 million in BNPL sales during Black Friday/Cyber Monday 2019, with five U.S. The concept has legs.
PYMNTS
JULY 31, 2019
Simon added that the company would be selective in supporting retailers, only buying into brands with volume. New types of tenants are being added to Simon’s malls since vacancy rates rose during the first quarter of 2019 to 9.3 “We’re certainly as good as the private-equity guys when it comes to retail investment.
PYMNTS
OCTOBER 2, 2019
But that doesn’t mean the money doesn’t flow during the baseball playoffs – evidence of that comes from Jim McIngvale, a Houston furniture store owner known as “ Mattress Mack ,” who just put $3.5 million on the Houston Astros to win the 2019 World Series. You have enormous brands and massive amounts of consumers involved.
PYMNTS
MAY 1, 2019
In addition, Simon announced a partnership with Ohio-based marijuana company Green Growth Brands to open 108 locations this year at its properties, including Roosevelt Field Mall in New York and The Galleria in Houston. Simon also reaffirmed its outlook for 2019. percent, up from 94.6 percent the previous year.
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