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Kroger Teams With ClusterTruck To Serve Up ‘Ghost Kitchens’

PYMNTS

is launching two “ghost kitchens” in its stores in partnership with Indianapolis-based ClusterTruck , which operates delivery-only restaurants. The Kroger stores slated for the new service are in Indianapolis and greater Columbus, Ohio. The operation will deliver restaurant-quality food from a menu of 80 meals.

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Amazon Announces Next Whole Foods Delivery Expansion

PYMNTS

Grocery delivery for Prime members is taking its next great leap forward as Amazon and Whole Foods have announced that Prime Now Grocery is expanding to Chicago, Houston, Indianapolis, Minneapolis and San Antonio. Customers can start shopping from Whole Foods Market selection from the Prime Now website or by using the app available.

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Simon Property Group Looks To Raise $300 Million For Shell Company

PYMNTS

A SPAC, or blank-check company, has no commercial operations, but is formed to raise cash and go shopping for an existing company or companies to acquire. Indianapolis-based Simon said the IPO will offer 30 million “units” at $10. Each unit will consist of one share of common stock and one-fourth of a warrant, exercisable at $11.50. “At

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world. 5G Potential.

Mobile 168
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Analyst Insights: Two Banks that Deliver to Shareholders

Jeff For Banks

Agreed to sell 2 branches in weak markets - 12/2020 5/25 Look how much $CFBK accomplished in just over 4 years. (2/2) Entered Indianapolis on 5/2021, a top 2 Midwest market with Columbus, another market $CFBK is in. Launched its equipment finance group - 11/2020 3. shareholder value.

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Grocery Round-Up: Instacart’s Big Valuation Jump, Kroger’s Ghost Kitchens And Grocery Deals Come To Prime Day

PYMNTS

Instacart saw its valuation double to just over $17 billion, Kroger made its move on the prepared food market, Amazon brought its grocery business into the Prime Day fold while Whole Foods reports struggling to keep up with the post-pandemic boom town in grocery sales. Instacart is now valued at $17.7 Kroger’s Ghost Kitchens.

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Coronavirus Triggers Furloughs For Over 1K Workers At Simon-Owned Malls

PYMNTS

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. Macy’s said on Monday (March 30) that it was using the “absolute minimum workforce needed to maintain basic operations.” The biggest mall owner in the U.S.