Some closed or struggling shopping malls are being reinvented as headquarters or campuses for companies. In pandemic commerce, small to medium-sized businesses (SMBs) that have embraced the digital shift have come across a business model that can move them from “survive” to “thrive.” And in logistics, General Motors is rolling out a new arm named BrightDrop to offer an “ecosystem” of software, services, electric trucks and other equipment. All this, Today in Data.
Data:
1974: Year when the Cary Towne Center mall, which has been struggling for years, was built.
$850B: Amount GM expects the U.S. market for food and parcel, delivery and reverse logistics to exceed by 2025.
250: Maximum number of miles GM said the zero-emission EV600 will be able to travel on a single charge.
60%: Minimum share of Main Street firms that have at least three channels operating to drive sales.
$31M: Price for which Turnbridge Equities and Denali Properties bought the Cary Towne Center site in 2019.
