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Amazon Plans Whole Foods Expansions In Closed Sears Stores

PYMNTS

The recent woes of Sears and other struggling retailers are seen as an opportunity for the online retail giant. Neil Saunders, managing director of retail at GlobalData, said Amazon is smart to secure former retail spaces, and that landlords are open to grocery stores because they help drive foot traffic. Sources told Yahoo!

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Pomelo’s Fast Fashion, Affordable Pricing And Global Ambitions

PYMNTS

Millions of people, he noted — from Tulsa to Tibet, given how connected the world is these days — who are all united by a search for what’s next in forward-looking fashion. The new funds, according to CEO David Jou, will go toward tripling Pomelo’s product line and “doubling down” on Indonesia, Pomelo’s newest market.

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