Leap, a platform for modern physical retail, Monday announced the opening of Bombas' third retail store in Austin, following recent launches in South Florida and New York City.
The expansion taps into Leap's Retail-as-a-Service model, connecting with Shopify and taking advantage of Simon Property Group Inc (SPG) for prime retail spots. This setup helps Bombas grow its physical presence without breaking the bank or getting too complicated.
Leap, Shopify, and Simon all pointed out that working together offers brands easy-to-manage operations, all-in-one commerce tools, and access to the best retail locations.
After wrapping up some successful pilot projects, they're looking to roll out the initiative across the country in 2026.
SPG is closed trading at $181.91 down $0.82 or 0.45 percent on the New York Stock Exchange.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.