Capital Detroit Online Retail 
PYMNTS
JANUARY 16, 2020
Close the door and buckle up – retail automotive sales are getting an upgrade. For instance, online marketplace and auction site eBay has released eBay Motors, a new app that uses AI to list a car in under five minutes, according to a report by The Verge. The Detroit office will be pivotal to the company’s future plans.
PYMNTS
DECEMBER 6, 2019
Vroom , an online marketplace for buying and selling vehicles, has raised $254 million in a Series H funding round, according to a release by the company. Durable Capital Partners led the round, and T. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products.
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Bank Innovation
APRIL 19, 2019
The Detroit, Mich.-based based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff Brown said on the bank's 1Q earnings call Thursday, bringing the Ally’s total depositor count to 1.77 million — a 20% YoY increase.
PYMNTS
SEPTEMBER 14, 2020
As it plans to bring 100 new operations facilities online in September, Amazon announced on Monday (Sept. The positions offer a beginning hourly wage of at least $15 per hour, and the eCommerce retailer is providing sign-on bonuses of as much as $1,000 to new hires in some cities, according to the announcement. and Canada this year.
PYMNTS
AUGUST 20, 2020
Chicago, Cincinnati, Milwaukee, Detroit and Indianapolis customers can order from Meijer and Fresh Thyme. DoorDash’s on-demand grocery service is a nice addition to our online shopping options, and with delivery in under an hour, we know Smart & Final customers are going to appreciate it.”.
PYMNTS
JUNE 17, 2016
One such case is that of the Detroit-based Lakeside Mall that has defaulted on a $144 million loan payment. For many years, people thought the retail business in the U.S. The advent of online shopping is kind of accelerating the separation of winners and losers.”. The property is operated by the second largest U.S.
CB Insights
OCTOBER 9, 2018
Traditional retail is getting an upgrade. Despite the rise of e-commerce and mobile, the physical channel still plays an important role in consumer experience — and retailers are increasingly leveraging technologies to stay afloat. Get the entire 54-page retail report. Why Are retailers are pivoting towards cashier-less retail?
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