Simon raises money for shell company, Nordstrom’s new strategy, Badger Tech’s new UV robot, UST launches frictionless shopping

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1. Mall owner Simon Property Group has formed a “blank check” company to go on the hunt for “a company or assets with significant growth potential and prospects.” Coverage from the PYMNTS team.
2. Nordstrom’s new business model will pivot to drop shipping, concessions and revenue-share deals, as well as focus on the off-price brand. Reporting from Kati Chitrakorn.
3. Badger Technologies’ newest automated solution, the Badger™ UV Disinfect robot, is an ultraviolet (UV) disinfecting robot designed to combat COVID-19 and high-risk pathogens. Coverage from Emily Park.
4. California-based UST has launched its Walk-In, Walk-Out system following a trial at the grocer’s Retail Business Services office in Massachusetts. Story by Sam Sivlerstein.

Source: Simon To Raise $300 Million For Shell Company | PYMNTS

Source: Nordstrom is rethinking the department store model | Vogue Business

Source: Badger Tech robot fights COVID-19 in grocery stores | Supermarket Perimeter

Source: Ahold Delhaize partner rolls out frictionless shopping tech | Grocery Dive

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