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Retail Rents Falling From Manhattan To Los Angeles

PYMNTS

retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. These decreases are historic,” the Real Estate Board of New York wrote in a new report showing that average Manhattan retail asking rents fell in all of the island’s 17 retail corridors during autumn.

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Petco’s $864 Million IPO Beats Forecasts 

PYMNTS

The San Diego-based pet care chain is pricing its 48 million shares of Class A common stock at $18 each, beating forecasts. They bought the company from TPG and Leonard Green, who took the then-public pet retailer private 15 years ago. . 14), Bloomberg reported. . Morgan Stanley, Goldman Sachs and Barclays are the underwriters.

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COVID-19 Means Pet Care Is Booming, But Not Every Company Gets A Treat

PYMNTS

Privately held Petco announced this week that after two months of mulling strategic options like a sale, the San Diego-based chain of 1,500 pet stores has filed preliminary paperwork for an initial public offering. But beyond traditional brick-and-mortar pet stores, online retailers continue to do well. A Mixed Breed.

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Installation Network Aims To Remove Assembly Headaches For eCommerce Buyers

PYMNTS

The company allows online and offline consumers to purchase products with installation included, and then uses connecting technology to facilitate the assembly with an installation service provider. Now, Banhidy and his team have generated demand from top auto manufacturers and retailers, leading to a $4.5

San Diego 141
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Win new valuation engagements by asking business owners these 4 questions

Abrigo

Approach industry associations (such as those serving manufacturers, retailers or physicians) and offer to host an online workshop using a free or low-cost service like GoToMeeting or Google Hangouts. Snider says that only about 20 percent to 30 percent of businesses that go to market end up being purchased. Do you have one?

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Will Back-To-School Shopping Flop?

PYMNTS

for college students, according to the National Retail Federation (NRF). As for how consumers will shop for their back to school supplies, the NRF forecasts that will likely shift largely online, following the trend currently evident throughout retail. But these aren’t normal times. per K-12 student and $976.78

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Amazon Tracker: Cash In Bloom

PYMNTS

The online retail giant’s estimated market cap sat at just a tad over $439 billion—nearly twice that of Walmart. if it can get more retail locations to participate as tellers. AMZN broke $900 during Tuesday (April 4) afternoon trading, peaking above $920 before tempering back down to around $894 by the end of the week.

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