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Savings rates at record low - Telegraph
International Water Power and Dam Construction | 18 hours 9 minutes ago
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British retailer Marks & Spencer to cut 1,230 jobs, close 27 stores
Sun (Baltimore), The | 1 day 17 minutes ago
LONDON (AP) &#8212; U.K. retailer Marks & Spencer Group PLC said Wednesday it will cut 1,230 jobs and close 27 of its stores in a drive to reduce costs, as Britain's retail sector continues to struggle.... (more)
UK retailer Marks & Spencer to cut 1,230 jobs - Business Wire - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 1 day 17 minutes ago
LONDON -- U.K. retailer Marks & Spencer Group PLC said Wednesday it will cut 1,230 jobs and close 27 of its stores in a drive to reduce costs, as Britain's retail sector continues to struggle.... (more)
Glendale Galleria owner to settle with Americana at Brand's Rick Caruso
Los Angeles Times | 1 day 3 hours 36 minutes ago
The owner of the Glendale Galleria shopping mall has agreed to pay a $48-million legal settlement to developer Rick Caruso, owner of the competing Americana at Brand shopping complex.... (more)
Trouble in store for DebenhamsViewpoint: Trouble in store for Debenhams
Guardian (London), The | 1 day 7 hours 3 minutes ago
So this is what good news looks like. Debenhams' like-for-like sales fell by "only" 3.3% over the Christmas period. Genius. Comparable sales in Next stores plunged 7% in the five months to Christmas Eve, not 10% as feared. Brilliant. Mark those shares up.... (more)
U.K. Retailers Face Hurdle
Wall Street Journal, The | 1 day 9 hours 2 minutes ago
LONDON -- Initial trading updates suggest many U.K. retailers did better than expected over the holidays despite the bleak economic backdrop, but all now face the task of persuading shoppers to keep spending, while keeping costs under control as sterling flounders.Two of the country's biggest clothing chains, Next PLC and Debenhams PLC Tuesday reported encouraging Christmas sales and managed to protect margins and profit. New Look & Fashion Ltd., the Co-operative Group Ltd. and food retai...... (more)
Battery Park Rent Control
Wall Street Journal, The | 1 day 9 hours 2 minutes ago
A New York agency reached a deal with condominium owners Tuesday to ease big fee increases that were looming for three towers in lower Manhattan's Battery Park City. But that prompted some criticism that the government was helping the haves at the expense of the have-nots.Ground rents for the buildings, which are on government-leased land, were set to rise sharply over the next four years as part of the original terms struck with developers. In April, for example, condo owners at the 182-unit...... (more)
AP State News
Sacramento Bee (Calif.), The | 1 day 9 hours 40 minutes ago
FRESNO, Calif. -- Mid-priced department store chain Gottschalks Inc. appears in danger of going out of business.... (more)
AP State Business News
Sacramento Bee (Calif.), The | 1 day 9 hours 41 minutes ago
FRESNO, Calif. -- Mid-priced department store chain Gottschalks Inc. appears in danger of going out of business.... (more)
General Growth Settles Glendale Mall Lawsuit
Los Angeles Business Journal | 1 day 10 hours 15 minutes ago
General Growth Properties Inc. said Tuesday it reached a $48 million settlement with Caruso Affiliated Holdings LLC over unfair business practices related to competition for tenants at competing mall sites in Glendale.... (more)
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Companies in the news
- Daimaru Inc.
- Davidson Hotel Co
- Debenhams plc
- Developers Diversified
- General Growth Properties
- Glimcher Realty Trust
- Gottschalks Inc.
- HBC