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

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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

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Stores wanting to sign on with Uber Eats doubled in March as grocery markets and convenience stores searched for new ways to serve customers duirng the lockdown. Online meal delivery orders were down in March across the sector, prompting companies to look into new ways to generate revenue.

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

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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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Target Expands Drive Up Service In The Midwest

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The service is available in markets such as Chicago, Indianapolis and Columbus, and with this expansion, Drive Up is available at more than 800 brick-and-mortar locations in 25 states. Target said that it plans to bring the service to more markets in late August and plans to have 1,000 stores offering it by the holidays.

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DoorDash Dives Into Grocery Delivery Business

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Chicago, Cincinnati, Milwaukee, Detroit and Indianapolis customers can order from Meijer and Fresh Thyme. DoorDash’s on-demand grocery service is a nice addition to our online shopping options, and with delivery in under an hour, we know Smart & Final customers are going to appreciate it.”.

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Stepping Into 21st Century Hospitality With Apartments And Technology

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Some entrepreneurs are inspired to start companies because they spot unmet needs in the market: Frontdesk Co-Founder and Chief Growth Officer Jesse DePinto, for instance, saw the amateur nature of home shares but the opportunity for something better than a hotel. The Market.

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Target Expands Same-Day Shipping In NYC

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households across 180 markets, reaching a total of 80 million households. The service is available in markets such as Chicago, Indianapolis and Columbus, and with this expansion, Drive Up is available at more than 800 brick-and-mortar locations in 25 states.