Toys “R” Us Inc.’s improved financial prospects should bode well for its dozens of local stores operating on a seasonal basis. Less than a week after reports that the toy retailer’s private equity owners are mulling an $800 million IPO, Toys “R” Us said its 1,600 stores generated $6 billion in revenue and a net […]
The Boston Redevelopment Authority said Friday that Director John Palmieri has submitted his resignation. He will continue to lead the organization until May 1. The BRA did not detail a reason for Palmieri’s departure. Susan Elsbree, a BRA spokeswoman, said Palmieri formally informed Mayor Thomas Menino and the BRA board of his intention to step […]
WP Realty, a Pennsylvania-based real estate investor, is at least two months behind on its $18 million mortgage for the Danvers Crossing Shopping Center and is “unable to bring the loan current,” according to a report by Wells Fargo Bank. Calls to WP Realty, with offices in Bryn Mawr, Pa., were not returned Monday. The […]
Share / Save Email Add to Favorites FacebookDeliciousGoogle BookmarksMySpaceMessengerYahoo BookmarksMister-WongGoogle ReaderXINGNetvibes SharePosterousBusiness ExchangeTechNetArtoSmakNewsAIMIdenti.caBlogger PostBox.netNetlogShoutwireJumptagsFunPPhoneFavsNetvouzDiigoBlogMarksStartAidKhabbrYoolinkTechnotizieMultiplyPlaxo PulseSquidooBlinklistYiGGSegnaloYouMobFarkJamespotTwiddlaMindBodyGreenHuggNowPublicLiveJournalHelloTxtYampleLinkatopiaLinkedInAsk.com MyStuffMapleConnoteaMyLinkVaultSphinnCare2 NewsSphereGabbrTagzaVodPodAmazon Wish ListRead It LaterEmail Yahoo MailAOL Mail TwitterDiggGoogle BuzzRedditStumbleUponBeboWordPressOrkutEvernoteStrandsDailyMeMSDNExpressionTipdPlurkYahoo MessengerMozillacaTypePad PostMixxTechnorati FavoritesCiteULikeHemidemiInstapaperXerpiWinkBibSonomyTailrankKledyMeneameBookmarks.frNewsVineFriendFeedPingProtopage BookmarksFavesWebnewsPushaSlashdotAllvoicesImera BrazilLinkaGoGounalogDiglogTumblrCurrentSpurlOneviewSimpyBuddyMarksViadeoWistsBackflipSiteJotDZoneHyvesBitty BrowserSymbaloo FeedsFolkdNewsTrustPrintFriendlyTuentiRediff MyPage Google GmailHotmail Send from any other email service: Any email Powered by AddToAny By Suzann D. Silverman, Editor-in-Chief […]
Construction of an Ikea, the Swedish retail phenomenon — whose inexpensive build-it-yourself furniture draws more than a million people a year to each of its stores — is on hold again in Somerville. “Like lots of retailers, Ikea is trying to figure out when the next economic upturn will be,” said Somerville Mayor Joseph Curtatone. […]
Alexandria Real Estate Equities expects to have permits in place this year for 1 million square feet of new development along Binney Street in Cambridge, although no construction timeline is yet available. The company recently got approval from Cambridge’s planning board for its 50 Binney St. project, a 496,000-square-foot building comprised office and research and […]
Somerville — The Massachusetts Department of Transportation (MassDOT) announced on Thursday that a land exchange agreement has been approved to facilitate extending the Green Line north of Lechmere Station to Somerville and Medford, while also advancing the NorthPoint mixed-use development project. The agreement between the MBTA and Pan Am Railways, approved by the MassDOT Board […]
Blockbuster Inc., the bankrupt movie rental chain, agreed to sell itself to a group of debtholders for $290 million in a stalking horse bid that is subject to higher and better offers. Photographer: Jin Lee/Bloomberg Blockbuster Inc., the bankrupt movie rental chain, agreed to sell itself to a group of debtholders for $290 million in […]
by Elaine Misonzhnik February 18th, 2011 It feels like in the past two days the entire retail real estate industry has been talking about one thing–Borders. The questions ranged from whether Borders will be able to survive long-term (many people don’t think so, judging by the discussion on Retail Wire), to how store closings will […]
A recent ruling by the California Supreme Court has unleashed a rash of lawsuits against big retailers that ask their customers to provide zip codes when making purchases with a credit card. View Full Image Bloomberg NewsSome retailers ask for zip codes when customers use plastic. Above, swiping a card at a Best Buy store. […]
