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COVID-19 delays debut of first electric vehicle from Lucid Motors

The California company building its massive production facility south of Phoenix had planned to unveil the car next week at the New York Auto Show, which was postponed until late August amid travel bans and the mounting COVID-19 outbreak......»»

Category: topSource: bizjournalsMar 31st, 2020

Valley startup formed by WebPT exec has new CEO, pivots to new business plan

The cloud-focused company, which plans on moving to a new downtown Phoenix locati.....»»

Category: topSource: bizjournalsMar 26th, 2020

McDonald"s closing dining areas

McDonald's Corp. said it's closing all of its in-store dining areas starting Tuesday at its company-owned stores in response to coronavirus fears. The Chicago company (NYSE: MCD), which has dozens of Milwaukee-area locations, said it will close sea.....»»

Category: topSource: bizjournalsMar 17th, 2020

Glossier is temporarily closing its stores amid the coronavirus outbreak in a watershed moment for the retail industry

Business Insider/Jessica Tyler In a letter to customers on Friday, Glossier founder and CEO Emily Weiss wrote that the company will be temporarily closing its stores in New York, London,.....»»

Category: topSource: businessinsiderMar 13th, 2020

Sheraton Phoenix Downtown sold to NY private equity firm for $268M

The sale comes less than two years after Marriott purchased the hotel. Company officials divulged information about the transaction to analysts during a Feb. 27 conference call, and gave an update on major renovations on the property......»»

Category: topSource: bizjournalsFeb 28th, 2020

Papa John"s sees shares tumble 10% after closing 50 China restaurants

Papa John's shares tumbled more than 10% Wednesday after the company said it has temporarily closed 50 franchised stores in China as a result of the coronavirus and reported a decline in same-store sales for the year......»»

Category: topSource: moneycentralFeb 26th, 2020

Trader Joe"s plans downtown Seattle store but won"t say where

A location four blocks from a Whole Foods Market has been mentioned. While the company wouldn't discuss that detail, a representative did say the opening could come sooner than a previously mentioned date......»»

Category: topSource: bizjournalsFeb 19th, 2020

Uber closing office in downtown Los Angeles

Uber Technologies Inc is closing its office in downtown Los Angeles, where the ride-hailing company employs customer support staff, to focus on its bigger locations......»»

Category: topSource: reutersFeb 18th, 2020

Uber says it is closing office in downtown Los Angeles

Uber Technologies Inc said late on Tuesday that it was closing its office in downtown Los Angeles, where the ride-hailing company had employed customer support staff......»»

Category: topSource: reutersFeb 18th, 2020

Pier 1 files bankruptcy protection, closing 7 Arizona stores

Pier 1 Imports Inc. (NYSE: PIR) has become the latest big-box retailer to file for Chapter 11 bankruptcy protection, and court documents show that the company intends to close six stores in the Phoenix region and one in Tucson. The Fort Worth, Texas.....»»

Category: topSource: bizjournalsFeb 18th, 2020

Texas company plans to build four Valley active-adult communities

Sparrow Partners has started construction on a 193-unit active-adult community in downtown Surprise, called Mera City Center. The Austin, Texas-based company also plans to begin work on three more active-adult communities in the Phoenix area and .....»»

Category: topSource: bizjournalsFeb 4th, 2020

The latest on Lucky"s Market: These are the stores Aldi wants — and the Melbourne store is going back to the company"s founders

Lucky's Market, the bankrupt organic grocer closing all but one of its Florida stores, has revealed the locations that German discount grocer Aldi is pursuing. Lucky's on Wednesday said that Aldi is in negotiations for these locations, including t.....»»

Category: topSource: bizjournalsJan 29th, 2020

Pier 1 said stores deleted from its website are shutting down. Here"s the list of closing stores.

AP Photo/Nati Harnik Pier 1 said earlier this month that it plans to close 450 stores, or about half of its total store count. The company has not.....»»

Category: topSource: businessinsiderJan 23rd, 2020

Is your Bed Bath & Beyond store closing? See the full list of the 40 stores shuttering in 2020

Forty Bed Bath & Beyond stores are closing or have already closed, company officials confirmed. Here are t.....»»

Category: topSource: usatodayJan 21st, 2020

High-end grocery store to close only Louisville location

Lucky’s Market, a natural food retailer, is closing its only Louisville location. The Boulder, Colorado-based company is closing nearly all of its stores in 10 states after The Kroger Co. decided to divest its interest in Lucky’s last month, accor.....»»

Category: topSource: bizjournalsJan 21st, 2020

J.C. Penney closing more stores and a call center. Is your store on the list?

More store closures are hitting J.C. Penney. In April, the retailer will close six stores in Ohio, New York, South Car.....»»

Category: topSource: usatodayJan 17th, 2020

J.C. Penney closing six stores and a call center. Is your store on the list?

More store closures are hitting J.C. Penney. In April, the retailer will close six stores in Ohio, New York, South Car.....»»

Category: topSource: usatodayJan 17th, 2020

In financial squeeze, e-scooter company will exit Arizona, 11 other markets

Only a few months after it began a trial run for its electric scooters in downtown Phoenix, Lime is pulling out of the market — and 11 others around the globe — as the financially strapped company looks to reach profitability. Besides pulling i.....»»

Category: topSource: bizjournalsJan 9th, 2020

Year in Review: Coworking booms in Houston in 2019

Although it had been a growing trend in prior years, coworking made a major impact on the world of Houston real estate in 2019. New York-based WeWork, perhaps the nation’s best-known coworking company, opened its second downtown location in 2019. I.....»»

Category: topSource: bizjournalsDec 27th, 2019

Portland company"s building in Wisconsin lands a coveted tenant

The first Milwaukee store by men’s retailer Untuckit LLC is now open in the city’s 3rd Ward neighborhood. Untuckit, based in New York, sells shirts designed to be worn untucked. Its first store opened in 2015 in the SoHo neighborhood of New York Cit.....»»

Category: topSource: bizjournalsDec 24th, 2019