Remove Los Angeles Remove Marketing Remove Operations
article thumbnail

Distressed US Commercial Real Estate Lost 27 Pct Of Value, Wells Fargo Data Shows

PYMNTS

The Financial Times (FT) reported the evidence of the losses can be seen in the commercial mortgage-backed securities (CMBS) market from appraisals. Hotels have been especially hard hit as travel has diminished amid COVID-19 shutdowns, with many operators reporting single-digit occupancy rates. Commercial properties in the U.S.

article thumbnail

Grocery Round-Up: Amazon Fresh Opens, Whole Foods Cuts Prices And The US Grocery Sales Boom Slows Down 

PYMNTS

The long-awaited first Amazon Fresh brick-and-mortar store officially opened for business in Los Angeles this week, while Whole Foods talked up falling prices. This week, the eCommerce giant gave the public open access to the shop, located in Los Angeles. Whole Foods Promises Price Cuts. Grocery Delivery Firm Weee!

Insiders

Sign Up for our Newsletter

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

article thumbnail

On-Demand Delivery Service Munchery Ceases Operations

PYMNTS

That came after it shut down service in Seattle, Los Angels, and New York. In May Munchery said it was planning to focus on its largest market, which was San Francisco, in an effort to become profitable. That never happened, prompting its action earlier this week.

article thumbnail

Vans Skates Into LA With Community-Driven Concept

PYMNTS

Youth-oriented shoe and apparel brand Vans has found the intersection of both, as seen in its most recent store opening this past week in Los Angeles. The brand is well-known for using its community of skateboarders for design ideas and marketing. The latest store, called Forum, opened in Los Angeles on Nov.

article thumbnail

Uber Seeks Investors To Launch Startup For Postmates X Delivery Robot

PYMNTS

Postmates started trialing sidewalk delivery bots in 2017 and launched Serve in December 2018, with a commercial rollout planned in Los Angeles. It’s now commercially operating in both Los Angeles and San Francisco. food delivery, boosting its market share from 29 percent to 37 percent.

article thumbnail

Singapore’s TiffinLabs To Launch 1,000 Smart Kitchens For Food Delivery

PYMNTS

TiffinLabs opened in early 2019 and is operating some kitchens in Singapore, including digital-first restaurant brands Publico Pastabar and Hureideu – Korean Fried Chicken. market and assessing what needed to be done in terms of building demand and a network for supply, along with selecting the locations. . The first U.S.

article thumbnail

7-Eleven Launches Beer Delivery In Select US Markets

PYMNTS

Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” Worth, Texas; Los Angeles, California; Miami-Ft.

St. Louis 129