In case you needed yet another reminder of how competitive the online delivery vertical is getting, online deal platform Groupon is adding a new city of operation to its OrderUp on-demand food delivery app.
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It’s official: California hiking minimum wage to $15; New York looks to follow
In a move that will directly impact retail and fast-food chains, California legislatures approved a plan to raise the minimum wage to $15 an hour by 2022, which will give the state the highest minimum wage in the nation. The measure will be signed into law on Monday by California Gov. Jerry Brown.
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Phillips Edison Grocery Center REIT II strengthens portfolio with acquisition
Phillips Edison Grocery Center REIT II announced the acquisition of the 67,280 sq. ft. Lakewood City Center in Lakewood, Ohio.
The shopping center is anchored by a 39,400 sq. ft. Marc’s grocery store, the No. 2 grocer in the Cleveland area. Additional retail includes: Gamestop, Best Cuts, Pet Supplies Plus, the UPS Store, Boston Market, Marco’s Pizza, Ace Cash Express, T-Mobile, Palm Beach Tan, and Chipotle Mexican Grill.

