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It looks like the biggest mall operator in America is officially deciding if you can ;t beat ;em, join ;em. Simon Property Group has announced that it is teaming up with online shopping site Rue La Las parent company, Rue Gilt Groupe, to launch a new website for the deal-conscious consumer.The Oct. 2 announcement comes as Simon has been increasingly looking into a <a href=https://www.stanley-cups.it>stanley italy</a> nd testing the ShopPremiumOutlets website since March, drawing on the聽 dozens of premium domestic outlet shopping centers, not to mention a few offering outside the U.S. <a href=https://www.cups-stanley-cups.us>stanley cup usa</a> Some of those centers have reportedly been targeted to test selling merchandise on the emerging new site. Simon Property Group also notes that it has signed on more than 2,000 designers, and has about 300,000 products and that it doesnt expect this new offering will cannibalize its brick-and-mortar mall business.Some of the brands that have signed on include Sak <a href=https://www.cups-stanley.uk>stanley cup uk</a> s Off Fifth, Aeropostale, G.H. Bass Co. Factory Outlet, Cole Haan, Nautica and Under Armour. Simon has definitely been upfront that they arent just going to sit on the sidelines and let the world move online and them not be a part of it, Sandler ONeill and Partners real estate investment trust analyst Alexander Goldfarb said. The number of people who go through their malls is tremendous. Rue Gilt Groupe will run the site alongside its other digital properties like聽 Gilt. The Rue Gilt Groupe calls itself the premier off-price e-commerce portfolio company. It is back Sesj PHH Walks Away From High Court Appeal On CFPB Constitutionality
Tech stocks 鈥?they used to feel like they were getting whipsawed.聽Now, they just feel like they go in one direction 鈥?down.Despite the downdraft, there still is, as always, jockeying for position among value as measured by market capitalizati <a href=https://www.cup-stanley-cup.pl>kubki stanley</a> on. As of trading on Friday, and as noted by Financial Times, Microsoft had overtaken Amazon as the second most valuable tech firm by capitalization.Apple still holds sway as the most valuable tech firm, with a market cap of over $1 trillion. Shares were down 1.6 percent on Friday. Microsofts market capitalization is $821 billion, and now Amazon trails a bit at $800 billion.Microsoft, said FT, has been caught in the larger selloff, but also has <a href=https://www.cups-stanley.fr>stanley cup</a> seen its shares hold up a bit better than <a href=https://www.stanleycups.us>stanley cup</a> its tech brethren. Amazon, of course, dipped significantly after results posted Thursday, and where a disappointing outlook hit聽the stock by 7.8 percent on Friday and another few basis points after hours.As reported, Microsoft beat estimates despite a slowdown in the growth rate of its Azure cloud operations. The company also announced a collaboration with SWIFT, the payments messaging firm, which will use Azure to shift SWIFT infrastructure into the cloud.Beyond that, Amazon skidded on its earnings results, which showed that North American sales came in at $34.3 billion 鈥?and this was a 35 percent increase from last year. But international sales were sluggish, only up 13 percent year on year. Amazon also continues to lose money on international sal
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