2 September, 2016 by The TZ Newswire Staff Comments Off on Chapter 11 Watch: Aéropostale Gets New Life (Maybe); Sports Authority Execs Get Bonuses
Chapter 11 Watch: Aéropostale Gets New Life (Maybe); Sports Authority Execs Get Bonuses
Aéropostale might want to borrow a phrase made famous by Arnold Schwarzenegger in the Terminator series of movies — because the bankrupt teen retailer just keeps coming back.
2 September, 2016 by The TZ Newswire Staff Comments Off on Retail Rents Rising As Vacancies Fall
Retail Rents Rising As Vacancies Fall
It’s a good time to be a commercial property landlord, apparently.
Thanks to a robust U.S. economy powered by consumer spending, vacant retail rental space is forecasted to decline in the next several years, while rental prices are forecasted to rise, according to Cushman & Wakefield’s recently released U.S. Macro Forecast.
2 September, 2016 by The TZ Newswire Staff Comments Off on Another Ugly Quarter For J.Crew
Another Ugly Quarter For J.Crew
It was another not-so-pretty quarter for J.Crew.
The preppy clothing retailer announced that total revenue for its second quarter was down 4 percent to $569.8 million, or a loss of $8.6 million.
J.Crew CEO Mickey Drexler attributed the disappointing quarter to a “challenging traffic environment.”
Still, on the bright side, the loss was not as bad as the same period last year, when J.Crew saw traffic drop by 11 percent for a quarterly loss of $13.6 million.
2 September, 2016 by The TZ Newswire Staff Comments Off on IKEA’s Pop-Up Restaurants
IKEA’s Pop-Up Restaurants
Forget Swedish meatballs and beef stroganoff, IKEA is getting into the pop-up restaurant game.
2 September, 2016 by The TZ Newswire Staff Comments Off on US July factory orders +1.9% vs +2.0% expected
US July factory orders +1.9% vs +2.0% expected
Factory orders and durable goods orders revisions
– Prior was -1.5%
– Factory orders ex transportation +0.2% vs +0.4% prior
of the durable goods orders.
2 September, 2016 by The TZ Newswire Staff Comments Off on Finra to Release Tick Pilot Stocks Next Week
Finra to Release Tick Pilot Stocks Next Week
According to Financial Industry Regulatory Authority, the actual symbols or companies whose stocks will be included in the pilot will be posted on the regulator’s website on Tuesday, September 6.
2 September, 2016 by The TZ Newswire Staff Comments Off on Buying a Life Insurance Policy? Read This First
Buying a Life Insurance Policy? Read This First
Knowing who needs life insurance, how it works and the different types of insurance can help consumers make informed decisions about this product.