Mijo Mall of America: Consumers Want Social Media to Inform Shopping Experiences
Mobile ticketing platform SeatGeek has raised $238 million from private investors after canceling plans to go public.Company officials told The Wall Street Journal Wednesday Aug. 31 that they plan to use the funds to invest in new offerings, like a program that allows customers to return tickets for credit toward another event. Another program is geared toward
stanley cup s the attendee experience, with ticket upgrades and dining options.The report says SeatGeek is now valued at around $1.2 billion, down from as high as $2 billion in its proposed special purpose acquisition company SPAC merger deal.The company had planned to merge with RedBall Acquisition Corp., a SPAC that includes famed baseball executive Billy Beane on its list of its backers, the Journal said. SeatGeek pointed to the difficult market for rapidly growing companies when ending the merger.PYMNT
stanley germany S reported recently on the overall decline in the once-popular SPACs this year, particularly in the payments sect
stanley romania or. That industry had seen just two SPACs by mid-August, compared to 18 initial public offerings.Read more: Payments SPACs Face Reckoning as Clock Runs Out on Investment DeadlinesThe new funding shows the companys steady growth, which has been fueled recently by聽robust demand for concert tickets, SeatGeek Chief Executive Jack Groetzinger told the Journal in an interview.This rise in live-event attendance following the worst of the pandemic is helping balance out consumer worries about rising inflation, he said. The y Drfw Retailers Use Digital Blueprints to Reinvent the Physical Store Experience
Grocery shopping Nah, just order it online.This is not the predominant attitude among consumers yet , but it is growing. What cant people order from their smartphones these days For many grocery stores, thats not a rhetorical question, and to bring consumers thr
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stanley quencher tablishments are stepping up to offer something customers cant get on their phones: a dine-in experience. Yes, like at a restaurant, but at a grocery store instead.Theyre called grocerants, a portmanteau of grocery store and restaurant, and theyre serving up nothing if not efficiency: do the shopping and eat dinner in the same place. Added bonus Everyone knows its a bad i
kubki stanley dea to shop while hungry, and now, you dont have to.The NPD Group found that grocerants generated 2.4 billion new visits and more than $10 billion in sales in 2016. The novelty factor likely plays a role in the popularity of this new hybrid model, as does the popular perception that grab-and-go food products are healthier than restaurant meals.Essentially, the idea of a grocerant is to sell prepared meals that can either be eaten in the store or taken home. Its like a meal kit but with even less effort. The target audience Anyone who is busy. Millennials, families, baby boomers: Any of these groups may find the grocerant appealing.Like many retail shifts, this one is getting pinned on millennials, and they have certainly had a part to play with their insatiable quest for fresh, healthy products at reasonab