Grocery stores, Target, and Walmart could save shopping malls by filing the void of dying department stores
Monday, 25 May 2020, 13:10:00
Malls will likely try to court grocery stores like Walmart and Target to replace department store anchors in a post-pandemic world, analysts and experts say. The struggles of traditional department store anchors like JCPenney and Nordstrom have been heightened amid the pandemic. As foot traffic to malls declines and the grocery sector surges, experts say that malls will look to capitalize on high grocery store foot traffic. Visit Business Insider’s homepage for more stories . As department stores like JCPenney and Nordstrom struggle, the once-celebrated “anchor” store seems to be fading into a remnant of the past. At the same time, the pandemic has helped accelerate the growth of the grocery sector. According to experts, this pattern will likely encourage malls and shopping centers to start courting grocery stores and essential retailers like Walmart and Target to become their new anchor stores, accelerating a retail trend that was already well in place. Grocery and big-box stores can help drive traffic to malls Foot traffic in malls has been declining steadily, even before the pandemic.
— Business Insider
Naspers and Axel Springer in bid for eBay classifieds unit
Sunday, 24 May 2020, 13:00:00
Naspers and an investor group backed by Axel Springer are among suitors that submitted bids for EBay’s classified-advertising business.
— Independent on Saturday
Nurse who died from Covid-19 ‘tried to buy PPE on eBay’
Sunday, 24 May 2020, 10:17:01
A spokesman for the hospital said there has “never been a lack of PPE” there
— Essex Live
NHS couple tricked out of £14,000 after falling victim to eBay motorhome scam
Saturday, 23 May 2020, 14:21:06
Paul Harding-Hubbard and wife Emma longed to buy a motorhome so they can spend their rare time together as family with their children, only for a cruel scam to see them completely out of pocket.
— Daily Mail Online
Fin24.com | Naspers reportedly in bid to buy eBay classifieds unit
Saturday, 23 May 2020, 08:52:00
Naspers and an investor group backed by German publisher Axel Springer SE are among suitors that submitted bids for EBay classified-advertising business, according to people familiar with the matter.
— Fin24
