Retailers in New York gave the holiday shopping season an “A” grade as consumers came out in force, breaking a two-year-long streak of weak sales during the recession, according to a new survey. Eighty-four percent of retailers polled by the Retail Council of New York State said sales the week before Christmas were better than […]
Commercial real estate covers a large chunk of the real estate world. It includes office and retail properties like shopping centers, industrial properties, land and investments and hotel /resort properties. There are various agencies involved in this line of business and they aim to provide the entire range of corporate and investment services to the […]
McAfee Inc. on Tuesday unveiled its 2011 Threat Predictions report, outlining top threats its researchers foresee for the coming year from a list that includes location-based services, Android and iPhone. Santa Clara-based McAfee (NYSE:MFE) said Mountain View-based Google‘s (NASDAQ:GOOG) Android and Google TV are expected to become major targets for cybercriminals. Also on the list […]
CAMBRIDGE, Mass — Dr. Jeff Lichtman likes his brains sliced thin — very, very thin. Enlarge This Image C.J. Gunther for The New York Times TEAM LEADER Dr. Jeff Lichtman, with a 3-D image of a section of mouse brain and a magnified section of a dendrite (red), in his office at Harvard. Enlarge This […]
The fourth quarter data barrage is underway, and a report from one highly respected commercial real estate shop indicates there’s more space available in the Boston market than there was a year ago. This is not a huge surprise, but there’s always value in dealing with hard numbers rather than anecdotal information. According to the […]
At least one official booster of the Fort Point Channel neighborhood near downtown Boston says times there are good. Friends of the Fort Point Channel says in a report this week that new restaurants and retail establishments along the channel, including on the South Boston Waterfront, have “thrived.” One restaurateur, Papagayo owner Brad Delbeck, says […]
Thirty life sciences companies in Massachusetts have pledged to create nearly 1,000 jobs next year in exchange for $23.9 million in tax incentives awarded Thursday by a state board. The awards work out to a public subsidy of about $23,900 per job. The Massachusetts Life Sciences Center Board awarded the tax incentives under a program […]
LOUISVILLE, Ky. (AP) — Pizza company Papa John’s International Inc. on Tuesday said it expects net income of $2 to $2.12 per share in 2011. Analysts surveyed by Thomson Reuters, on average, expect net income of $2.03 per share. The guidance is a 16 percent increase from the $1.74 to $1.80 per share that it […]
Investors searching for distressed big-box deals are facing competition from an unlikely source—retailers. Large tenants including Wal-Mart, Target, Kohls Department Stores and others have become aggressive bidders in the market for vacant big boxes. The retailers are buying distressed space from owners or banks, often at prices that are 20 percent to 30 percent […]
When it comes to creating long-term growth plans for a restaurant chain, sometimes the wisest course is to concentrate on the short term, according to John Pepper, CEO of Boloco, an up-and-coming fast casual concept based out of Boston. Boloco started as a school project Pepper and a few friends undertook in the course of […]
