article thumbnail

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.

article thumbnail

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.

Groups 139
Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

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
article thumbnail

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.

article thumbnail

Analyst Insights: Two Banks that Deliver to Shareholders

Jeff For Banks

Entered Indianapolis on 5/2021, a top 2 Midwest market with Columbus, another market $CFBK is in. Shuttered large parts of its mortgage operations in stages, first in 7/2021 and later in early 2023 6/25 Selling branches is not easy, but it was best for shareholders. shareholder value. 10/25 Past actions taken by $QCRH: 1.

Columbus 113
article thumbnail

Fabletics Announces Brick-and-Mortar Expansion

PYMNTS

The first opening will take place in Frisco, Texas next March, followed by Indianapolis, Indiana; Lexington, Kentucky; Schaumburg, Illinois; Boulder, Colorado; and Portland, Oregon in the second quarter of 2017. Less is more,” Dustin Netral, SVP of operations for Fabletics, said in a press release.

San Diego 190