Remove Indianapolis Remove Management Remove National Remove Retail
article thumbnail

Retail Furloughs Now Well Over 1M Amid Coronavirus

PYMNTS

Following the suspension of store staffers by one of the largest textile merchants, worker furloughs in the retail sector are now well past 1 million. staffers at distribution centers and retail locations, Bloomberg reported. Many of the biggest retail employers in the United States, with the inclusion of Kohl’s Corp.

Retail 145
article thumbnail

Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. For example, as reported by Forbes, auditor Grant Thornton wrote that “management believes” it can meet its financial obligations through February 2021. In 2019, we increased GPU by $750. Ontario (L.A.),

Company 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How GM’s Maven Is Driving Unattended Urban Mobility

PYMNTS

Could unattended retail be the solution? According to a United Nations study released last year, cities are home to more than half the world’s population. TO DOWNLOAD THE JUNE EDITION OF THE PYMNTS UNATTENDED RETAIL TRACKER™, CLICK THE BUTTON BELOW. And to paraphrase the late rapper, the Notorious B.I.G., About the Tracker.

Mobile 102
article thumbnail

121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

Indeed, co-founder Alejandro Resnik, the CEO, told the WSJ in 2015 that it was looking to raise a “monster round” of $300 million at a $2 billion valuation to fuel its national expansion. ” via Indianapolis Business Journal. Select VC Investors: Khosla Ventures, Alberta Investment Management Corporation, Artis Capital Management.

Capital 78