Minneapolis – Locally based NorthMarq Capital recently purchased Askew / Reese Investment Co., a Dallas-based commercial real estate banking firm, which also has offices in Austin...
Los Angeles – Locally based DMX / AEI MUSIC signed an agreement with Cincinnati-based Federated Department Stores Inc. to provide continuous, commercial-free digital music to all of Federated’s 440 stores...
Troy, Mich. — Locally based Kmart Corp. recently eliminated 135 positions in its information technology department, one of its largest divisions. The cuts were comprised of 110 employee and 25 contracted technology-related positions and...
City of Industry, Calif. — Locally based Hot Topic Inc. recently announced that Marc Bertone, vice president of real estate, has resigned from the company, effective July 13, 2001. Betsy McLaughlin, president and CEO, said, "Marc has made a...
Foster City, Calif. – Locally based Webvan Group Inc. has shut down its online grocery-delivery service and plans to file for Chapter 11 protection within the next two weeks...
Bentonville, Ark. – Locally based Wal-Mart Stores Inc. is continuing its expansion in Asia. The company has been operating in China since 1995 and currently has stores in Shenzhen, Guangzhou, Shanghai, Dalian, Fuzhou and Shantou...
Houston – According to locally based TeleCheck Services Inc., same-store retail sales increased 2.4% over the same period in 2000. The Mid-Atlantic region led the country, followed by the Southeast, the Southwest, the West and the Midwest, which...
Berlin – The German lower house of Parliament recently voted to abolish laws from the Nazi era that prohibited retailers from using discounts and promotional offers to gain business. The change in the law, which could be approved by the upper...
San Francisco – Locally based Gap Inc. recently announced plans to streamline headquarters staffing and improve organizational efficiencies. The company is reviewing approximately 10,000 headquarters positions worldwide. The goal is to reduce...
