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Retail Rents Falling From Manhattan To Los Angeles

PYMNTS

Meanwhile, the National Restaurant Association estimates that more than 100,000 eateries have either closed permanently or at least long term due to the pandemic. That’s one out of every six. Nationwide, Moody’s Analytics estimated that effective retail rents would fall 11.1

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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

Small Business Administration What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave? Tune in all week for live-streaming , beginning at 7:30 p.m. Every business starts small.

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OpenTable Feature Lets People Reserve Grocery Shopping Appts

PYMNTS

Right now, the new OpenTable feature is being used by seven businesses throughout San Francisco and Los Angeles — six restaurants that are acting as pop-up markets and one grocery store. The company said it was in “active talks with other national grocers/retailers.”.

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NAR: High Prices Stifle October Home Sales

PYMNTS

The National Association of Realtors (NAR) said that its Pending Home Sales Index (PHSI) is down for the second consecutive month, dropping 1.1 The housing market is still hot, but we may be starting to see rising home prices hurting affordability.". million members involved in all aspects of the real estate market.

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Brandless Expands To Clean Beauty Market

PYMNTS

The company even opened a pop-up store for a limited time in Los Angeles last month. The company also pledged that it will list each ingredient in all owned and national brand products” … including those in “fragrance, beauty, baby care, personal care and household cleaning categories—by 2020.”.

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The 2018 Bling Ring’s Commerce Challenge

PYMNTS

Earlier in the week it was reported that the Los Angeles police department arrested a criminal gang composed of three teenage boys and one of their mothers in connection with a string of high-profile robberies. The trio allegedly had just robbed the home of Los Angeles Rams receiver Robert Woods. Pokora” Tota.

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Postmates Raises $300M In Venture Funding; Gives Tiger Global Management Seat On Board

PYMNTS

In a press release , Postmates said the funding round was led by Tiger Global Management, and comes on the back of a record year of growth, market expansion and adoption of a subscription service. The model has grown by 300 percent year over year, with one in two orders on the platform placed via Unlimited, across multiple markets.