An Albertsons store in Laguna Niguel, California Scott Mlyn | CNBC Vertical Farmer Plenty, an ag-tech unicorn backed by SoftBank, announced a partnership with Albertsons on Wednesday, marking the company’s first major retail sale. Under the multi-year agreement, Plenty 430 stores at Albertsons in California will provide four types of …
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Buyers walk through the King of Prussia Mall in King of Prussia, Pennsylvania. Jennah Moon | Bloomberg | Getty Images As shoppers’ habits for consumers change, America’s shopping center has salvaged many saviors: eateries, cinemas, gyms. Grocery stores could be next on the list. Simon Property Group, the largest owner …
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Simon Property Group CEO David Simon Anjali Sundaram | CNBC Simon Property Group Director David Simon said Monday that the company is still looking to hire additional retailers, having already filed for bankruptcy Lucky Brand, Brooks Brothers and JC Penney. “We take inventory at or below cost,” Simon said, explaining …
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Steve Easterbrook, Chief Executive Officer of McDonald’s Corp., speaks during the opening of the company’s new headquarters in Chicago, Illinois, USA, on Monday, June 4, 2018. Joshua Lott | Bloomberg | Getty Images McDonald’s has sued former CEO Steve Easterbrook for allegedly lying in the company’s internal probe into his …
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A worker collects a box for delivery at the Amazon tracking center in Baltimore, Maryland, USA, April 30, 2019. Clodagh Kilcoyne | Reuters Amazon is in talks with mall owner Simon Property Group over the use of some closed JC Penney and Sears stores for Amazon tracking centers, The Wall …
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