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

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Uber Eats Sees 59 Pct Spike In European Grocery Delivery

PYMNTS

“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.

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Why Sam’s Club Expanded Its Instacart Footprint

PYMNTS

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.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. Wall Street is a tough master, especially for eCommerce companies. Ontario (L.A.),

Company 130
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Stepping Into 21st Century Hospitality With Apartments And Technology

PYMNTS

When it comes to partnerships, the company works with multifamily property management companies. The company is currently in markets including Nashville, Miami, Denver, Detroit and Indianapolis, and is coming soon to San Diego and Minneapolis as of a PYMNTS report in May. The Business.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

” via Indianapolis Business Journal. Select VC Investors: Khosla Ventures, Alberta Investment Management Corporation, Artis Capital Management. Select VC Investors: Wellington Management, Otto Group. Meanwhile, it floated other plans, like starting a print catalogue and delivering for local retailers.

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