ESTES PARK — A complex deal to sell the privately held Stanley Hotel to a state-owned company, months in the making and intended to help raise Colorado’s profile as a player in the global entertainment industry, is nearing completion. “I think we’ll probably close in the next six to eight weeks,” John Cullen, whose company […]
CNBC’s Jim Cramer in review WalmartThis suggests that the major retailer’s strong results are due to its successful business strategy and do not necessarily indicate a favorable consumer landscape. “Don’t make the mistake of assuming that Walmart’s results give you some kind of general picture of the consumer,” Cramer said. “You can’t just extrapolate from […]
M Den, the official retailer of the University of Michigan, has closed its location at Twelve Oaks Mall in preparation for the sale of the company, according to a post on X. “It is with a heavy heart that The M Den at 12 Oaks Mall in Novi is closing effective immediately as we look […]
Weld County Commissioners are working with the City of Greeley to improve the Greeley-Weld County Airport by adding more hangar space and making necessary changes for commercial flights. The ambitious project calls for using the airport’s longer than average runway to transform it into a larger commercial airport, modeled after Colorado Springs Airport. This will […]
Walmart reported better-than-expected second-quarter results and raised its annual forecast as inflation-hit shoppers flocked to the company’s low-cost food, clothing and home goods. Walmart shone thanks to its affordability, with comparable sales (excluding fuel) rising 4.2% in the second quarter from the same period last year, beating expectations. The company’s online sales rose 22 percent […]
Huntington city officials want to close a loophole in the city’s charter that allows some landlords to avoid safety inspections and fees by not having to obtain a rental permit. Some LLCs and corporations do not apply for the required rental permit to avoid permit fees and inspections, city officials said. The landlords cite an […]
One of the world’s most famous sandwich shops is coming to Nashville. All’Antico Vinaio will open its ninth U.S. location in developer SomeraRoad’s Prima Tower in the Gulch, SomeraRoad confirmed to The Tennessean on Wednesday. The Eighth Avenue South location is in the Paseo South Gulch micro-district, where the luxury Prima high-rise condos opened earlier […]
According to the PropTrack Market Insight Report released yesterday, rental vacancy rates in regional South Australia fell in July, making it the lowest vacancy rate in the regional markets. The report found that the South Australia region saw a month-on-month decline of 0.11 percentage points (ppt) to 1.12%. However, Anne Flaherty, senior economist at PropTrack, […]
The first phase of work to build a street hockey court for the Washington Capitals at Solo Gibbs Park in Sharp-Leadenhall has been completed. The court, which is adjacent to the parking lots of M&T Bank Stadium and replaces a former basketball court, will also have basketball hoops and lines. The approximately $150,000 project is […]
As Inflation cools down And Consumers continue to look for bargains, Walmart (WMT) gets a boostShares of Walmart rose 7% on Thursdayafter the retail giant posted robust Second quarter resultsGrowth in the last quarter was due to higher-income households turning to the discounter and its advertising and e-commerce divisions. M&M maker Mars acquires Pop-Tarts maker […]
