Department store retailer Sears Holdings Corp. said Monday Aylwin B. Lewis will step down Feb. 2 as president and chief executive and be succeeded by W. Bruce Johnson, executive vice president of supply chain and operations on an interim basis...
Inland American Real Estate Trust Inc, which reported a 9.8 percent stake in Cedar Shopping Centers Inc., said it was considering seeking control of the real estate company through an acquisition, merger or gaining representation on Cedar's board...
In the rapidly evolving coffee wars, Starbucks says it is about to test two ways to appeal to cash-strapped consumers--$1 cups of coffee and free refills. ...
Mesirow Financial, a Chicago-based financial firm whose services include restructurings, is part of a group of that will invest in Value City, a struggling off-price retail chain, in hopes of turning around its fortunes, a person familiar with the...
ULI has up the Jan. 11, 2008 version of its Capital Markets Update. Also, its Ground Floor blog takes its weekly walk through a variety of key commercial real estate debt metric.
You don't need me to tell you how crazy a day its been on the markets. The Dow was down huge right from the open. Federal Reserve Chairman Benjamin Bernanke slashed the federal funds rate target. The market rebounded. The Dow ended the day down...
