NEW YORK CITY-There are retail development opportunities in the nation's urban areas, but developers should act fast, says Magic Johnson.

NEW YORK CITY-The celebrity chef has three signed leases for his Bobby's Burger Palace concept and plans to open five to 10 a year.

NEW YORK CITY-Same-store sales rise 8% in the US and 10% in international markets, while earnings soar.

HOFFMAN ESTATES, IL-The retail company's net income falls from $196 million during last year's Q3 to $2 million, as sales and gross margins drop.

ST. LOUIS-The chain still plans to open 135 stores next year, though, up 25 from the current 12-month period.

FRAMINGHAM, MA-Though same-store sales fell 3% in the third quarter, management says it is not concerned about competitive holidays.

CORTE MADERA, CA-Sears Holdings' $6.75-per-share bid tops a $6.70 offer made earlier this month by a private-equity firm.

MINNEAPOLIS-The company may slow its seasonal hiring to make up for possible sales shortfalls.