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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

Small Business Administration What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave? Tune in all week for live-streaming , beginning at 7:30 p.m. Every business starts small.

National 150
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Instacart Raises $271M On $7.8B Valuation

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hedge fund Tiger Global Management and existing investors Coatue Management and Valiant Capital. The funding round was led by hedge fund D1 Capital Partners, and came only six months after the startup closed on a $350 million round of investing. A source told Reuters that the additional funding comes from investors, including U.S.

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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. The problems start with how retailers view and serve the customer. It was an amalgamation of numerous challenges, either ignored or wrongly addressed, that has led to the question of relevance plaguing the industry today.

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Saving Main Street: Advocacy Groups Propose New Government Relief Programs

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The crisis is hardly over, but post-pandemic reality is setting in for Main Street retail. She believes lockdown orders created a loophole that allowed large chains that offer essential retail to continue selling non-essential goods like toys and electronics. There is no shortage of other larger scale ideas.

Maine 142
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Grocery Roundup: Ahold Delhaize Acquisition, Another Toilet Paper Rush And A SNAP Explosion

PYMNTS

We are strong believers that the future of grocery retail involves getting customers the best quality food, exactly when they want it, with the best customer service. The funds, according to the firm, will go toward expanding the online grocery business nationally. Even retailers' rationing is a demonstration of lessons learned.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

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billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. Miami is Carvana’s 24th car vending machine location to date — joining Nashville, San Antonio, Houston, Austin, Dallas, Raleigh, Jacksonville, Tampa, Charlotte, Washington, D.C., Ontario (L.A.),

Company 130
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Retail Advocacy Groups Mix Urgency And Cautious Optimism

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The forces closing in on retail have forced its various trade and advocacy groups to press their case in Washington. According to The Washington Post , even routine finance issues have become risky. While the AAFA is taking its concerns to the government, the National Retail Federation (NRF) has expressed cautious optimism.

Retail 131