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Simon Property Group Looks To Raise $300 Million For Shell Company

PYMNTS

The move comes as the retail industry is reeling from a double blow: fallout from the pandemic and the great shift of consumer buying to online sales. Simon owns such properties as the upscale Copley Place in Boston. Indianapolis-based Simon said the IPO will offer 30 million “units” at $10.

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Retail Pulse: Amazon Grows 4-Star Footprint; Forever 21 Files For Bankruptcy

PYMNTS

Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. Amazon , in one case, has added a suburban Boston location to its roster of Amazon 4-star stores, marking the fifth location of its type in the United States.

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Amazon Announces Next Whole Foods Delivery Expansion

PYMNTS

Grocery delivery for Prime members is taking its next great leap forward as Amazon and Whole Foods have announced that Prime Now Grocery is expanding to Chicago, Houston, Indianapolis, Minneapolis and San Antonio. Customers can start shopping from Whole Foods Market selection from the Prime Now website or by using the app available.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

But a few common threads do emerge, such as an inability to generate sustainable revenue, bad product-market fit, losing to competitors, and (of course) simply running out of money. ” via Indianapolis Business Journal. via Beta Boston. As you’ll see below, the reasons for failure are varied. Company: Drugstore.com.

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