Taubman Centers Inc. sold portions of its Taubman TCBL business, based in China, to China Xintiandi, a subsidiary of Shui On Land, for $15.5 million, an amount approximately equal to Taubman’s investment in the business. The buyer will assume...
It’s certainly a bold move. Just four years after over-expansion forced Starbucks to shutter hundreds of locations, the coffee chain is stepping up new store openings in the U.S. more aggressively than anyone expected. During an investor...
