Delivery startup Jokr plans huge NYC expansion

first_imgJokr founder Ralf Wenzel. (Getty)A new delivery startup believes it can rival Amazon or Instacart when it comes to cheap, fast delivery — thanks, in part, to an ambitious plan to turn as many as 100 storefront locations in New York into micro-fulfillment centers.Jokr, founded by German entrepreneur Ralf Wenzel, has a bold promise: that it can deliver goods to consumers within 15 minutes. Customers use an app to order items, which are then ferried from those storefronts. Along with groceries, Jokr intends to sells items you would typically find in convenience stores or pharmacies — things that people use all the time and sometimes need in an instant.“In an age where retail rents are falling and warehouse rents are rising, there’s a new form of retail emerging that combines the two, but with a focus on speed, efficiency and maximum consumer experience,” said Morris Sabbagh of Kassin Sabbagh Realty, who is representing the company in its search for U.S. storefronts. So far, it’s already live in Sao Paulo, Brazil; Lima, Peru; and Mexico City. It will soon launch in Bogata, Colombia, along with other cities in the U.S. and Europe.ADVERTISEMENTIn New York, Kassin Sabbagh has already completed six deals for the startup, with another 15 leases out for signature. There are 20 more leases in the works, and the company also has New Jersey in its sights. Sabbagh would not elaborate on specific areas where the storefronts — which typically range from 2,500 square feet to 5,000 square feet — will be located, but said the company is looking “everywhere, every neighborhood.”But rather than paying top dollar for prime avenue locations, Jokr is looking primarily at space on side streets. “They are not depending on foot traffic but on density,” Sabbagh said.Wenzel previously founded FoodPanda, which later merged with DeliveryHero, another online food delivery service. Jokr has funding from SoftBank Group International — where Wenzel was a managing director — along with HV Capital and Tiger Global.Jokr says it will use technology, demographics and data to get deliveries done faster, turning over goods multiple times a day by knowing who will buy what and at what time of the day.“I know what is selling in the morning and what is selling in the evening,” said Aspa Lekka, a co-founder and the startup’s COO, who is spearheading its real estate push. “We know where to put each item and how to place the aisles.”Jokr says it will work directly with local suppliers. By cutting out the middleman, Lekka expects costs to be on par with supermarket prices, and there won’t be a minimum order size. So if you’re in the middle of baking a cake, for instance, and realize you’re out of butter, you can get that missing ingredient delivered while you keep on beating the eggs — and not miss a beat.“We have the expertise, we have the funding, we have great people on board, we have the right timing and the right markets, and we are ready to make this happen,” Lekka said. Share via Shortlink Commercial Real EstateRetail Real Estate Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Tagslast_img read more

7th Circuit Rejects Group’s I-69 Challenges

first_img7th Circuit Rejects Group’s I-69 ChallengesScott Olsen for www.theindianalawyer.comThe 7th Circuit Court of Appeals affirmed a federal judge’s ruling granting a motion to dismiss some charges and grant summary judgment on others to the United States Department of Transportation after a group opposing I-69 construction in southern Indiana, Citizens for Appropriate Rural Roads, filed a lawsuit.CARR challenged several environmental aspects to the construction, alleging 18 counts of wrongdoing. The trial court found counts 9, and 13 through 18 were unripe, and that summary judgment on count 7 was appropriate. CARR appealed judgment on those counts.In count 7, CARR said defendants violated the National Environmental Policy Act by not filing a Supplemental Environmental Impact Statement. They argued one was needed to address 2009 fleet vehicle data, the impact of the project on the endangered Indiana bat, and the impact of the project on certain historic sites. They argued the defendants arbitrarily used 2004 data instead of available 2009 data but Colin Bruce, District judge in the Central District of Illinois sitting by designation and writing the decision, said the defendants used 2004 data because 2009 data was not quality verified. Also, the plaintiffs did not show that using the 2009 data would have resulted in noncompliance.Bruce found there was no basis that the plight of the endangered Indiana bat required an SEIS, and the plaintiffs did not include enough evidence to justify the use of an SEIS to gauge the impact of certain historic sites.In count 13, plaintiffs alleged defendants violated the Clean Air Act and Administrative Procedure Act by not using the 2009 data, but Bruce said the law did not require defendants to use the 2009 data because it was not finalized until 2011. Also, the defendants knew about the 2009 data and chose not to use it.In counts 17 and 18, the plaintiffs said the defendants concealed certain information in violation of the NEPA, but did not provide sufficient evidence to back up their claims. Bruce said the defendants proved they considered all relevant factors when they decided on a route, and that’s all that was required.In counts 9, 14, 15 and 16, the plaintiffs did not respond to defendants’ request for summary judgment. They did not include any statement of material facts, and by failing to respond, the defendants’ facts were taken as represented in their motions, meaning they were granted summary judgment.Bruce said the trial court made an error in its dismissal of all of count 8, but that error was harmless. All of count 8 would have been judged in the defendants’ favor through summary judgment at trial anyway.The plaintiffs also claimed fraud on the court, but the only evidence of the fraud was “hearsay upon hearsay,” Bruce wrote, so that charge was not granted.The plaintiffs argued the District Court erred on a number of evidentiary issues, but the 7th Circuit thought otherwise there as well. The plaintiffs’ affidavit was hearsay, the subpoenas were quashed with reason and they were not entitled to an evidentiary hearing.Finally, the plaintiffs claimed there should have been additional discovery in the case, but again Bruce said the plaintiffs failed to show a need for it.The case is Citizens for Appropriate Rural Roads, et al. v Anthony Foxx, in his official capacity as Secretary of the United States of Transportation, et al., No. 15-1554.FOOTNOTES: Our next “IS IT TRUE” will be posted on this coming Monday?Please take time and read our newest feature article entitled “HOT JOBS”. Jobs posted in this section are from Evansville proper.If you would like to advertise in the CCO please contact us City-County [email protected] “Readers Poll” question is: Do you feel that Evansville Brownfields Corp should be considered a public or private entity?Copyright 2015 City County Observer. All rights reserved. This material may not be published, broadcast, rewritten or redistributedFacebookTwitterCopy LinkEmailSharelast_img read more

Lawmakers pushing to have Indiana middle schoolers take civics course

first_img Twitter WhatsApp Lawmakers pushing to have Indiana middle schoolers take civics course Facebook WhatsApp Twitter By Network Indiana – February 22, 2021 6 213 (Photo supplied/Michigan News Service) Today’s Indiana fourth-graders would have to take a civics course in middle school, under a bill overwhelmingly approved by the Indiana House.Cicero Representative and former Hamilton Heights Superintendent Tony J. Cook (R) says the bill plugs an important hole in Indiana’s curriculum. His bill calls for the State Board of Education to issue standards by next summer. Schools would decide whether to put civics class in sixth, seventh or eighth grade.Representatives from both parties say they regularly see firsthand a lack of understanding of how government works. Lafayette Representative Sheila Klinker (D) says voters often ask her how things are in Washington. And House Majority Leader Matt Lehman (R-Berne) says when he visits classrooms to explain how a bill becomes law, parents often come up to him afterward to say how much of it was new to them.Indiana already requires a one-semester government course in high school. A pair of Indiana Bar Foundation task forces over the last two years recommended expanding that requirement to a full year, and adding elementary and middle school courses as well. The panel, chaired by Lieutenant Governor Suzanne Crouch, says it’s not enough to touch on government basics as part of a broader social studies curriculum. It says there needs to be a dedicated focus on the subject.The expanded curriculum was one of 14 proposals the task force recommended implementing over the next five years, along with ideas such as requiring students to complete two civic projects, and requiring aspiring teachers to take a political science course.The Bar Foundation’s Civic Health Index in 2019 concluded students needed a better understanding not just of the mechanics of government, but media literacy and the ways to get involved in one’s community. The report pointed to reduced rates of community involvement, and declining voter registration and turnout.Last year’s election turnout rebounded to 65-percent, Indiana’s highest in 40 years. But the previous election in 2016 saw Indiana’s lowest presidential-year turnout in 40 years, despite then-Governor Mike Pence’s presence on the ballot as Donald Trump’s running mate. And off-year turnout bottomed out at 35-percent in 2014 before bouncing back to a 32-year high in 2018.The Senate will take up the bill next month. Google+ Previous articleSt. Joseph County Police warning of scammers driving “asphalt” truckNext articleKroger warns customers of potential data breach Network Indiana Google+ Pinterest Facebook IndianaLocalNews Pinterestlast_img read more

News story: Minister Adams honours courageous Armed Forces at his first official engagement in Wales.

first_imgAt his first official engagement as UK Government Minister for Wales, Nigel Adams will mark the bravery and commitment of our servicemen and women, past and present at the opening of the Welsh National Field of Remembrance at Cardiff Castle today (Wednesday 7 November).Paying tribute to those who have fought and continue to do so, Mr. Adams will deliver a reading and plant a wooden cross bearing his own personal tribute to those who have made the ultimate sacrifice.UK Government Minister for Wales, Nigel Adams said: In this centenary year it is more important than ever that we pause to think of every man and woman who has lived, fought and died defending our freedom. That is why I urge people from communities all over Wales to come together at this significant time of remembrance to ensure that the sacrifices made by our servicemen and women, and continue to make, are not forgotten. “It is with great honour that I pay my personal tributes to those courageous men and women who have pledged their lives to the service of our country today, your commitment and bravery does not go unnoticed.”last_img read more

Top two give back £90m

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UK roundup: USS seals new Yorkshire Water inflation-linked swaps deal

first_imgThe pension fund, the UK’s biggest, said it was not releasing the size of the deal, and it would not specify the maturity of the notes other than to say they had a duration of more than 25 years.Commenting on the new deal, Ben Levenstein, head of private credit in the private markets group at USS Investment Management, said: “The investment generates high-quality, long-term, inflation-linked cashflows which closely align with USS’s investment strategy to ensure secure, long-term returns for the scheme and its members.”Adrian Hunt, group treasurer for Yorkshire Water, said completion and execution of the transaction had been made straightforward on account of “[t]he expertise and professionalism that USS brought to bear to the transaction”.The deal was important for Yorkshire Water in the run-up to an upcoming price review by the UK’s water regulator, Ofwat, according to Hunt.The price review, which will cover the entire regulated water sector, will happen next year. In connection with this the regulator is introducing a change to how the utilities’ revenues and regulated assets are indexed, switching from the retail prices index (RPI) to the consumer prices index (CPI).Universities and the staff union UCU are in mediated talks to resolve a dispute about plans to stop defined benefit accrual at USS. Local Pensions Partnership launches inaugural fixed income fundThe £13bn Local Pensions Partnership (LPP) has launched a £320m fixed income fund, its first asset-pooling vehicle dedicated to the asset class.The fund will mainly invest in higher credit quality, highly liquid fixed income across geographies, instrument types and maturities. It will have a strong focus on capital preservation, according to a statement from LPP.The fund allows LPP’s two “full-service clients”, the Lancashire County Pension Fund and the London Pensions Fund Authority, to pool their fixed income investments. A spokesman for LPP said the £320m represented the two pension funds’ strategic allocation to fixed income, which was currently at 2.5% but could go up to 5% and 15%, respectively.It is the fourth fund that LPP has launched since it started operations in 2016.It already runs a £1.3bn credit fund, a £1.5bn global infrastructure fund, a £1.8bn private equity structure, and a £5bn global equity fund.Susan Martin, LPP’s chief executive, said the fund was provided “a significant new investment vehicle for our clients”.“It also demonstrates our in-house investment capabilities in launching a brand new fund, from investment strategy design to manager sourcing and selection.”LGPS Central tenders £2.5bn active equities mandateLGPS Central, the company set up to manage £40bn of assets on behalf of nine UK public pension funds, is looking for global active equity managers to manage £2.5bn of investments.It intends to shortlist between 10 and 15 managers. The estimated start date is 1 October.Successful applicants will need to demonstrate a “consistent, robust, repeatable, investment process” with responsible investment at the heart of it, according to tender documentation.Other requirements include “low, fully transparent costs” and a concentrated portfolio.LGPS Central received regulatory approval in January and has plans to launch three equity sub-funds next month. The £60bn (€67bn) Universities Superannuation Scheme (USS) has invested in inflation-linked notes backed by Yorkshire Water inflation swap cash flows, its second such transaction.The notes are issued by a special purpose vehicle, Aysgarth Finance, which was set up by Yorkshire Water and USS at the time of first transaction.This was in 2015, when the pension fund for the higher education sector invested about £150m in a series of inflation-linked notes with a final maturity of 2063.A spokeswoman for USS said the transaction announced today was a variation of the first deal.last_img read more

Seminar turns spotlight on to selling to our kids

first_imgThe New Zealand Herald July 4 2013Jesuit missionaries knew something about human nature when they said, in the 16th century: “Give me a child until he is 7 and I will give you the man.”Five hundred years later, author Maggie Hamilton argues, our society is less interested in saving a child’s soul and more interested in capturing his or her preferences for our consumer products.It starts in infancy with what seem like such harmless childhood characters as Dora the Explorer, Thomas the Tank Engine, Barbie and Ben 10.“When marketing guru James McNeal discovered that drooling babies stare down at their dribble for extended periods, he knew he was on to something,” wrote Hamilton in her 2008 book What’s Happening to Our Girls?“Trademarked characters are now strategically placed on a baby girl’s clothing so that when she dribbles, she gets to know these characters and sees them as a natural part of her world.http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10894601last_img read more

Believe it! Hale races from 29th into Modified main event

first_img“When I rolled out, I wanted to go half the race before deciding if I’d get up on the wheel,” said Hale, from Cameron, Mo. “I started driving harder, the car came in and the next thing I knew we were passing cars.” A former Northern SportMod entrant at Super Nationals, Hale had a state championship to his credit in the first JBR Chassis built with buddy Josh Barnes before running part-time this season. Most of those starts came at U.S. 36 Raceway and Bethany Speedway, with a weekly visit to Boone for good measure. “When I crossed the finish line there was disbelief at first. I would have never believed that we could start 29th and end up in the tech tent,” he continued. “I was so excited because I knew we got the transfer.” “We’re going to run as hard as we can and finish as good as we can,” he said. “A top five would be absolutely amazing for this team.” Clay Hale impressed with his run from 29th starting to third in his Thursday night Modified qualify­ing feature at the IMCA Speedway Motors Super Nationals fueled by Casey’s. (Photo by Jim Zim­merline)center_img What he did instead was race all the way to third and qualify for his career first IMCA Speedway Motors Super Nationals fueled by Casey’s main event. He’s running the third JBR car now – Dustin Miller is in the second and also in the southeast cor­ner of the pits. Hale already has his game plan and goals in place for the main event. BOONE, Iowa – When he lined up 29th for the start of Thursday’s second Modified qualifying fea­ture at Boone Speedway, Clay Hale wanted to get in some laps, pass as many cars as he could and get as many of those valuable points as possible.last_img read more

Office of the Attorney General collects 180 pounds of medication at Prescription Drug Take-Backs

first_imgStatewide — Attorney General Curtis Hill announced that nearly 180 pounds of prescription medication were collected at Prescription Drug Take-Backs the office has hosted over the last three weeks.The attorney general hosted a take-back in Terre Haute on July 17, Lawrenceburg on July 28, and Greenfield on August 3. Dozens of Hoosiers dropped off unwanted or unused medications at these events. About 100 pounds of prescription drugs were dropped off at the Greenfield event, while about 40 pounds were dropped off at both the Terre Haute and Lawrenceburg events.Attorney General Hill extends his gratitude to the following for their assistance with these take-backs: the Vigo County Sheriff’s Office, the Terre Haute Police Department, the Dearborn County Sheriff’s Office, the Greenfield Police Department, Western Indiana Recovery Services, Ivy Tech Community College, and Kroger.Keeping prescription medication in your home for a prolonged period of time can put you and your family at risk. That is why it is very important to safely store prescription drugs and properly dispose of them when they are no longer needed or wanted. You should NOT flush prescription medication down a toilet unless the label or a doctor instructs you to do so, as this could contaminate your local water source.last_img read more

Police: Former Miami Teacher Had Daily Sex With Student

first_imgA former Miami teacher has been arrested for sexual battery on a former student, and police say there may be more victims, according to the Pinellas County Sheriff’s Office.A news release from the sheriff’s office states hat 70-year-old Tom Privett was arrested on Friday morning for the sexual battery of a minor that happened in 2016.Miami-Dade Schools Police contacted Pinellas officials regarding a reported sexual battery on a child 12 years of age or older, but less than 18 years, by an adult while in custodial authority, the sheriff’s office says.Privett allegedly groomed a female student throughout her high school career before he eventually had sex with her every day for about three months.He worked as a history and government teacher at the Terra Environmental Research Institute Magnet School for 30 years, where prosecutors say he met the victim in 2012, when she was a student in his 9th-grade history class.The teacher used the grief the student was experiencing after a family death in order to make advances toward her by touching her inappropriately.“These touches began as rubbing her arms while in class, then rubbing her back, and continued to kiss her on the head, cheek and partial lips,” the arrest warrant states.The following year, he allegedly verbally and mentally abused the victim. He commented about the girl’s weight, leading her to develop an eating disorder so that she can “look good” for him.When she was in 11th grade, Privett began discussing his “sexual desires” and fetishes with her. That led to the pair having sex during the student’s senior year in 2016.Per the warrant, the teacher took the girl’s virginity and they had sex every day until the school year ended.Privett also insisted that they have sex after she was in a car accident that caused pain in her hips, “because this is what she was supposed to do,” the arrest report adds.The victim contacted authorities with the information in December of last year. She then cooperated with them to help build a case around the teacher. She and Privett then had conversations about their alleged sexual encounters while detectives listened. Those conversations led to his arrest.Miami-Dade Schools Police obtained an arrest warrant and requested assistance from the Pinellas County Sheriff’s Office to help.Detectives tried to interview Privett, but he requested an attorney and was taken to the Pinellas County Jail without incident, where he is now being held with no bond.Miami-Dade Schools Police believe there may be other victims as a result of their investigation.last_img read more