Suzette Parmley/The Philadelphia Inquirer – As Gail Kerick began her holiday shopping in earnest last week, she was steadfast in her intent not to shop at all on Thanksgiving Day. “Absolutely not,” said Kerick, 64, a retiree from Morrisville, as she combed the women’s sweater racks at a local Kohl’s. “Everyone needs a family day. You can shop […]
Archives for November 2016
Macy’s to sell Union Square Men’s Store to Morgan Stanley for $250 million
Riley McDermid/San Francisco Business Times – Macy’s will sell its Men’s Store in San Francisco’s Union Square for $250 million, the company said on an earnings call Thursday, as part of a broader effort to shutter 100 stores and reduce its brick-and-mortar presence. “Macy’s will lease the Men’s store property for two to three years as it completes […]
Here’s what Trump’s election could mean for the economy in Tampa Bay and Florida
Jeff Harrington/The Tampa Bay Times – Down in the polls not long ago, Donald Trump predicted his unconventional election as president would be “Brexit times 10.” From an immediate shakeup in the stock market to heightened anxiety over an economic downturn, he may have been right. In an exponential reaction to Britain’s exit from the European […]