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A from U.S. News & Worlde Report magazine used data from to identify mallx where the retail busines s remains healthy despitethe recession. The report used data including sales, occupancy rates and quality grades for about 650 of the biggest shopping centers inthe U.S. Ala Moana has an estimatex occupancy rate of95 percent, with $1,12 in sales per square foot. The centef has annual sales of morethan $1 according to the report, which “This upscale shopping mecca near Waikiki is a gold It was noted that while othee malls are having a hard time staying full, Ala Moanaw added a new wing with 30 more Other profitable malls listed in the report are Fashion Vallegy Mall in San Diego, Forum Shops at Caesarzs in Las Vegas, Westfiel d Garden State Plaza and The Mall at Short both in New Jersey, and the Mall at Millenia in Fla.
The report showed that the most profitablemallsx don’t rely on discounters, but insteade feature stores with strong brand identity such as Apple and Abercrombie & The best malls are located in densely populatec areas or tourist spots, as Ala Moana is, just blocks away from Waikikoi Beach. Ala Moana’s owner, , filed for Chaptee 11 bankruptcyin April.
Sunday, November 11, 2012
Saturday, November 10, 2012
Kingston grad spends semester in Guatemala - Tuscola Today
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Tuscola Today | Kingston grad spends semester in Guatemala Tuscola Today Kingston grad spends semester in Guatemala. Submitted by Compmanager on November 10, 2012 â€" 8:00 amNo Comment. 2009 Kingston High School graduate Katelyn Turner, left, helps her host mother Delia create an alfombra, a colorful carpet made of ... |
Wednesday, November 7, 2012
Tuesday, November 6, 2012
Police Investigating Leukemia Hoax - ABC News (blog)
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ABC News (blog) | Police Investigating Leukemia Hoax ABC News (blog) The story unraveled on Friday when a fake obituary was posted in the Vail Daily, and was investigated by local radio station KSKE. “Our beautiful angel Alexander Jordan lost his two-year battle with leukemia on Thursday at the age of 9,†reads the ... |
Sunday, November 4, 2012
Prevent Return Fraud - Independent Retailer
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Prevent Return Fraud Independent Retailer andrew wren Return fraud is a problem that plagues retailers all year round, however, holiday crowds and overflowing shelves provide greater opportunities for dishonest shoppers to take advantage of retailers. Last year, retailers estimated that, of ... |
Saturday, November 3, 2012
Analyst: YRC bankruptcy is
firukendu-anchored.blogspot.com
The Overland Park truckingt company’s ongoing negotiations with the union are at risk of analyst Art Hatfield said ina note. “Givehn the developments with the negotiations betweenh the two parties and the increasing uncertainty pertaininy to the outcome of those we believe a bankruptcy at YRC Worldwids is still likely in the nearto mid-term,” he While the parties have kept quiet aboutt the talks, YRC reportedly wanta to end its unioh pension payments for 14 months, whicb would provide savings of $500 million, and not make up for While that proposal would offer YRC significanty and badly needed liquidity during the period, it “would face a touguh and challenging road to becoming a Hatfield wrote.
“From what we YRC would not be conceding anythingh material to the pensionplans and/o its Teamsters employees under the proposal,” he wrote. “Additionally, if the proposal goes on to a vote tothe Teamster-represented employees at YRC, we believew the likelihood of a favorable vote would be low at given that the employees would be the ones to feel the brunyt of these terminated payments over the long term ... and that securitu provisions and protections for Teamstersw employees are not part of the concessionxs made by thecompany (to our knowledge).
” In Hatfield wrote, the Teamsters probably want paymenrt deferrals instead, which would be difficult for YRC because its lenders probably would be reluctant to let the company tie up assetse or real estate as collateral. And YRC probably has littlwe left to offeras collateral, he said. Hatfield changed his ratinhg on YRC sharesfrom “Market Perform” to “Notr Rated.” YRC began the recengt concessions talks with the Teamsterws on June 29. The pricre of YRC stock (Nasdaq: plunged Wednesday, dropping as low as 89 cents to hita 52-week low. The previous 52-weemk low was $1.20 on Nov. 20, accordingg to .
YRC closedf on Wednesday at 89 cents, down 35 or 28 percent, on volume of 20.2 milliojn shares. The stock’s average daily volumre the past three monthsis 3.6 million Overland Park-based YRC, which has roughly 49,000 employees — more than half of them uniohn members — has been weighed down by debt and a lengthyu freight recession, and lost $257. 4 million in the firstr quarter. It has integratedr subsidiaries, shut down facilities, laid off workerzs and sold property to try to cut cost andmaintain liquidity.
Early this year, Teamsters members agreed to a 10 percent wage cut and suspensionof cost-of-livingb adjustments through 2013 in exchange for a 15 percentg stake in the company. YRC also has been negotiatingg to defer union pension fund payments usin g company real estate as collateral and on June 18 securedc an agreement with the largest pension fund todefer $83 milliohn in payments. The unioh has said it also is reaching out tostakeholdere — such as pension funds and YRC’s lenders to address the cash issue. YRC ranks No. 2 on the Kansasa City BusinessJournal ’s list of area publiv companies.
The Overland Park truckingt company’s ongoing negotiations with the union are at risk of analyst Art Hatfield said ina note. “Givehn the developments with the negotiations betweenh the two parties and the increasing uncertainty pertaininy to the outcome of those we believe a bankruptcy at YRC Worldwids is still likely in the nearto mid-term,” he While the parties have kept quiet aboutt the talks, YRC reportedly wanta to end its unioh pension payments for 14 months, whicb would provide savings of $500 million, and not make up for While that proposal would offer YRC significanty and badly needed liquidity during the period, it “would face a touguh and challenging road to becoming a Hatfield wrote.
“From what we YRC would not be conceding anythingh material to the pensionplans and/o its Teamsters employees under the proposal,” he wrote. “Additionally, if the proposal goes on to a vote tothe Teamster-represented employees at YRC, we believew the likelihood of a favorable vote would be low at given that the employees would be the ones to feel the brunyt of these terminated payments over the long term ... and that securitu provisions and protections for Teamstersw employees are not part of the concessionxs made by thecompany (to our knowledge).
” In Hatfield wrote, the Teamsters probably want paymenrt deferrals instead, which would be difficult for YRC because its lenders probably would be reluctant to let the company tie up assetse or real estate as collateral. And YRC probably has littlwe left to offeras collateral, he said. Hatfield changed his ratinhg on YRC sharesfrom “Market Perform” to “Notr Rated.” YRC began the recengt concessions talks with the Teamsterws on June 29. The pricre of YRC stock (Nasdaq: plunged Wednesday, dropping as low as 89 cents to hita 52-week low. The previous 52-weemk low was $1.20 on Nov. 20, accordingg to .
YRC closedf on Wednesday at 89 cents, down 35 or 28 percent, on volume of 20.2 milliojn shares. The stock’s average daily volumre the past three monthsis 3.6 million Overland Park-based YRC, which has roughly 49,000 employees — more than half of them uniohn members — has been weighed down by debt and a lengthyu freight recession, and lost $257. 4 million in the firstr quarter. It has integratedr subsidiaries, shut down facilities, laid off workerzs and sold property to try to cut cost andmaintain liquidity.
Early this year, Teamsters members agreed to a 10 percent wage cut and suspensionof cost-of-livingb adjustments through 2013 in exchange for a 15 percentg stake in the company. YRC also has been negotiatingg to defer union pension fund payments usin g company real estate as collateral and on June 18 securedc an agreement with the largest pension fund todefer $83 milliohn in payments. The unioh has said it also is reaching out tostakeholdere — such as pension funds and YRC’s lenders to address the cash issue. YRC ranks No. 2 on the Kansasa City BusinessJournal ’s list of area publiv companies.
Friday, November 2, 2012
Business Alliance joins corporate tax fray - Austin Business Journal:
bertayfybuqutyp.blogspot.com
The proposal, put forward by Houswe and Senate Democrats, would boost the state’s corporate minimumk tax from thecurrent $10 level to between for companies earning less than $500,000, and $100,000p for companies earning more than $250 “The $10 Oregon corporater minimum tax has becomde a source of public scrutiny and wrote Steve Holwerda, the group's chair, in a news “We agree that the minimum tax should be but believe the changes must be modest and reasonable as the minimum taxes all (C-corporations) whether they are profitable or not.
” chief operating officer of Portland’z Ferguson Wellman Capital Management, added that the proposap “would be a majo r disincentive to operating a business in Oregon and is particularly harmful to businesses that are already losinfg money.” Holwerda sent a letter to the group's memberxs a day after Democrats have revised a May proposapl that would have charge a minimum between $250 and $60,000. The groupl also called for the state to use rainyday funds, reserve funds and stimulus money to help solv e Oregon’s $4.2 billion shortfall. The group further expressed concerabout “what appears to be an sentiment” in Salem.
“For our statde to be healthy, all sectords need to be successful and we need to join togethed to makethat happen,” Holwerda said.
The proposal, put forward by Houswe and Senate Democrats, would boost the state’s corporate minimumk tax from thecurrent $10 level to between for companies earning less than $500,000, and $100,000p for companies earning more than $250 “The $10 Oregon corporater minimum tax has becomde a source of public scrutiny and wrote Steve Holwerda, the group's chair, in a news “We agree that the minimum tax should be but believe the changes must be modest and reasonable as the minimum taxes all (C-corporations) whether they are profitable or not.
” chief operating officer of Portland’z Ferguson Wellman Capital Management, added that the proposap “would be a majo r disincentive to operating a business in Oregon and is particularly harmful to businesses that are already losinfg money.” Holwerda sent a letter to the group's memberxs a day after Democrats have revised a May proposapl that would have charge a minimum between $250 and $60,000. The groupl also called for the state to use rainyday funds, reserve funds and stimulus money to help solv e Oregon’s $4.2 billion shortfall. The group further expressed concerabout “what appears to be an sentiment” in Salem.
“For our statde to be healthy, all sectords need to be successful and we need to join togethed to makethat happen,” Holwerda said.
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