PYMNTS

FEBRUARY 1, 2021

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. Indianapolis-based Simon said the IPO will offer 30 million “units” at $10. Simon owns such properties as the upscale Copley Place in Boston.

Groups 139

Groups Company Indianapolis Exercises 139

PYMNTS

OCTOBER 3, 2019

Some geographies are coping with the upheaval in retail better than others, as vacancies in U.S. Reis data indicates that the proportion of units sitting empty in some cities – with the inclusion of Birmingham, Alabama and Indianapolis, Indiana – is roughly four times higher than San Francisco, the Financial Times reported.

San Francisco 111

San Francisco Las Vegas Albuquerque Memphis 111

PYMNTS

MARCH 31, 2020

The furloughs affect employees at Simon’s Indianapolis headquarters as well as at its malls and outlets nationwide, a source familiar with the situation told CNBC. In addition, upper management salaries are being slashed by up to 30 percent. The retail industry has been hit especially hard by the pandemic. billion in debt.

Indianapolis 150

Indianapolis Texas Retail Groups 150

PYMNTS

APRIL 16, 2020

“Everything that we are doing on grocery and convenience is driven by the fact that we are seeing strong consumer appetites from new consumption trends, people who are confined and cannot go out,” European General Manager Stephane Ficaja told Reuters in a Thursday (April 16) report.

San Antonio 133

San Antonio San Diego San Francisco Indianapolis 133

PYMNTS

OCTOBER 22, 2018

This is the latest example of how the digital and physical are merging in retail — and also shows just how far consumer convenience has developed over the last few decades. Those were among the messages from a new PYMNTS discussion between Karen Webster and Sachin Padwal, VP of product management at Walmart -owned Sam’s Club.

Indianapolis 163

Indianapolis New Jersey Houston Retail 163

PYMNTS

NOVEMBER 15, 2016

14) it has expanded its Amazon Home Services into 20 new metropolitan markets around the country. In a press release , the eCommerce giant said the new cities include Indianapolis, IN; Las Vegas, NV; San Antonio, TX; Ann Arbor, MI; Cleveland, OH; Milwaukee, WI; Boulder, CO; Raleigh, NC; Trenton, NJ; and more.

Metro 100

Metro Las Vegas San Antonio NV 100

PYMNTS

MARCH 11, 2020

billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. This year we expect another year of market-leading growth. Our cohort growth was broad based with many markets crossing key milestones.”. New Markets. In 2019, we increased GPU by $750.

Company 130

Company Miami San Antonio Oklahoma City 130