PALM BEACH, FL – There is no question how powerful Amazon.com has become today, in 2019, but twenty years ago, before the “Dot Com” bubble (Internet companies, peaked in value on March 10, 2000, before crashing) CEO Jeff Bezos, who today is the richest person on Earth, was pitching investors on why Amazon was different, and according to the e-commerce pioneer, customer service was paramount. Jeff Bezos explains his ambitious vision for Amazon in this 1999 interview … [Read more...]
Amid Declining Revenues And Tenant Bankruptcies, Simon Taking Malls Online
PALM BEACH, FL – It seems that one of the biggest mall owners in the U.S., Simon Property Group, is getting ready to take their physical shopping mall and real estate business online, likely before their physical malls completely empty out. Simon, which owns 235 malls and premium outlet centers across the globe has been testing two ‘beta’ sites called “PremiumOutlets.com” (SIMON PROPERTY GROUP, L.P. ) and “ShopPremiumOutlets.com” (SHOP PO, LLC.) since about March; they … [Read more...]