WASHINGTON – President Donald Trump is considering an economic stimulus designed to help businesses hurt by the coronavirus, a senior White House economic aide said Friday, though aides tamped down expectations about the scope of any plan. “Some of the… Read More
The US central bank fired a weapon Tuesday it has in the past saved for such catastrophes as the September 11 terror attacks, the collapse of Lehman Brothers and the bursting of the dotcom bubble. The emergency rate cut, the… Read More
7-Eleven is moving forward with its “evolution” store format. The c-store giant, which unveiled the concept last March in Dallas, has expanded it to Washington, D.C., with an additional location to open in San Diego in the coming months. 7-Eleven… Read More
International real estate investors that moved to the sidelines early in 2019 due to high hedging costs returned later in the year with plenty of dry powder and a healthy appetite for U.S. assets. That shift was shaping up to… Read More
Bank branches are going the way of checks—they’re vanishing, albeit slowly. In fiscal 2019, the number of bank branches in the U.S. dwindled by 1.9 percent, according to a February 2020 report from commercial real estate services provider JLL. And… Read More
Jack in the Box CEO Leonard Comma and his team know the quick-service industry is ready to heat up. There will be battles to gain market share and encroachment into competitors’ spaces. However, Comma added Jack in the Box is… Read More
The U.S. off-price retail sector remains a bright spot in the turbulent retail environment plagued with bankruptcies and store closings. Off-price chains continue to buck the trend that’s negatively impacting many flailing bricks-and-mortar retailers. They boast rising same-store sales and… Read More
Traditional brick-and-mortar shopping offers customers more than an opportunity to purchase—it’s a chance to have a personal interaction with a brand. From the unique way a brand merchandises items down to the lighting and design, music and employees, a brick-and-mortar… Read More
Lenders across the board are still celebrating capping off a record-high year of mortgage originations in 2019 and have stayed busy the first two months of this year. Yet while that high tide is generally raising all boats, some capital… Read More
(Reuters) – Financial markets on Monday ratcheted up bets the U.S. Federal Reserve will be pressed to cut interest rates to cushion a feared hit to economic growth from the spread of the coronavirus, although one official cautioned against expecting… Read More