Skip to main content

Finance & Capital Management

  • Lowe's steps it up in Canada with RONA purchase

    Lowe's is making major moves in Canada with the $2.3 billion purchase of RONA Inc., a Canadian home improvement retailer and distributor.

    Lowe's had previously made an unsolicited bid on the company more than three years ago, but the substantially higher offer this time around was accepted by Rona's board.

  • Former lululemon CIO rejoins company as board member

    Kathryn Henry is back at lululemon athletica inc., in a new role as a member of the company’s board of directors, a move the company’s founder contends is an important first step to making larger changes.

  • Why More Businesses Turned to Solar In 2015

    The number of U.S. businesses with solar energy installations grew to a new high in 2015. Enterprises ranging from family-run companies to some of the country’s biggest corporations are producing their own energy, cutting operating expenses, and achieving environmental sustainability.

    A recent report from the Solar Energy Industries Association (SEIA) provides data and insights into the diverse mix of corporate offices, office buildings, retail, manufacturing, data centers, distribution and logistics centers, and convention centers that have gone solar.

  • Westwood Financial acquires seventh southeast property

    Pensacola, Fla. -- Westwood Financial Corp. announced it has acquired the Shoppes at Milestone, a fully-leased shopping center located in Pensacola, Florida. The 19,700-sq.-ft. shopping center is shadow anchored by Publix and is the firm’s seventh Florida property.

  • Hancock Fabrics files for bankruptcy, considers sale of company

    Hancock Fabrics has filed for bankruptcy again and said it might put the entire company of 250 retail sewing and crafting stores up for sale.

  • Kroger elevates two to division president roles

    The retirement of Kroger’s Nashville division president Rick Going and the earlier appointment of a new Fred Meyer president gave the supermarket company the opportunity to elevate two other executives.

  • dd’s Discounts up store count in Texas, Arizona

    dd’s Discounts, a division of Ross Stores, Inc. will open a 20,000-sq.-ft. store at Parkshire Center in Wilcrest, Texas on Feb. 6. The location is 14 miles southwest of downtown Houston, at the intersection of Highway 59 and Wilcrest Drive.

    The new store ups dd’s store count in Texas to 37 locations, making it the retailer’s second largest state. With the new opening, the chain will operate 175 locations in 15 states.

  • Publix heads north, enters seventh state

    Publix Super Markets has signed two leases for its first stores in Virginia.

    The first Publix locations in that state will be in Bristol and in the greater Richmond area of Glen Allen. The Bristol store, at 54,000 square feet, will be located at the northeast corner of Lee Highway & Clear Creek Road in Washington County. In the greater Richmond area, the Glen Allen store, at 49,000 square feet, will be located at the northeast corner of Nuckols Road & Twin Hickory Road in Henrico County.

X
This ad will auto-close in 10 seconds