A recent Fitch Ratings report predicts a holiday season that's better than some worst-case scenarios out there. It also says that due to liquidity improvements, we're not likely to see retailers file the same number of bankruptcies that we did in 2008 and early this year. However, the outfit does recognize...
We haven't read much lately about big retail companies moving their headquarters, so we found reports about RadioShack leaving the Fort Worth area interesting. One area the company is supposedly considering for a new home is Tampa, FL. Also under consideration are Charlotte, NC; Nashville, TN; and Albuquerque,...
NEW YORK CITY—William Green, CEO of Tannery Brook Partners, speaks with GlobeSt.com's Paul Bubny at RealShare New York about the time frame for a recovery.
NEW YORK CITY—William Green, CEO of Tannery Brook Partners, speaks with GlobeSt.com's Paul Bubny at RealShare New York about the time frame for a recovery.
Yesterday retailers Dollar General and Rue21 both went public. Last month Vitamin Shoppe did the same. In general initial public offerings are making a comeback. But these three companies are particularly attractive to investors because they all represent value to a consumer that is strapped by the recession. Dollar...
After the tragic Black Friday death last year of a seasonal employee at a Walmart on Long Island, NY, the retailer is launching new a crowd control program this holiday season. To avoid the long lines and major rush on Friday morning, Walmart is keeping stores open 24 hours on Thanksgiving. The retailer...
Ruby Tuesday menus are now suggesting what wine to pair with your lobster entree. The New York Times takes an inside look at the 900-restaurant chain and its founder Sandy Beall. The changes at the chain has lost it a few customers, but "very few people miss the roller skates on the wall and the bad...
7-Eleven is making and selling its own wine. The convenience-store mega chain is putting out a Chardonnay and a Cabernet Sauvignon under the label Yosemite Road that will retail at most stores for $3.99. The move comes after corporate realized that wines priced $5 and under are enjoying double-digit...
In the below video, Steve Forbes interviews Marty Cohen, co-chairman and co-CEO of Cohen & Steers about commercial real estate. He's not big on hotels, but surprisingly, he thinks malls will hold up through the recession. "These are mainstays of the community. Who doesn't like going to the mall?"...