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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. Second, the inability to physically frequent many retail establishments created a new set of online shoppers. That’s one out of every six.

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eScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of Staff

PYMNTS

Lime CEO Brad Bao said in an online statement that the company “made a difficult decision” to leave locations where “micromobility has evolved more slowly.” LimePass will be released in cities across the nation, as well as in New Zealand and Australia. Last month Lime announced the rollout of a new subscription offering.

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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? Is it documented?

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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.

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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. Here’s how it works: Suppose a consumer in San Diego is in the market for a bike rack to store several bikes in a garage.

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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

San Diego 142
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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. In an agreement with the FTC, the online retail giant will end appeals to last year’s court findings that Amazon billed consumers for unauthorized in-app charges incurred by children. This week, Amazon is at it again.

San Diego 101