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Cordish Cos. to develop upscale outlet center in Nebraska
La Vista, Neb. -- Baltimore-based The Cordish Cos. said Monday that it will develop an upscale outlet center and entertainment district in La Vista’s Southport West Development. The burgeoning Omaha suburb is already home to a Cabela’s, La Vista Conference Center and several hotels.
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Borders to divest calendar kiosk business
Ann Arbor, Mich. -- Borders Group said Monday that it is selling its kiosk business Day by Day Calendar Co. for an undisclosed sum.
The sale involves 420 kiosk retail outlets, which will be purchased by Calendar Holdings LLC, based in Texas.
According to the Detroit News, the sale could provide Borders with cash while the company works with creditors to restructure its debt.