The last full-size Kmart operating in the US is scheduled to cease operations on Oct. 20. The New York Post reported the 90,000-square-foot store in the Long Island hamlet of Bridgehampton, New York, opened in 1996 and was part of a chain that encompassed more than...
A new mixed-use development in South Los Angeles will become the first to feature a Costco big box retail store with apartments. A groundbreaking ceremony took place on Sept. 18 at the former site of View Park Community Hospital in the Baldwin Village section of the...
Tempur Sealy International Inc. (NYSE: TPX) announced the divestiture of 176 stores to appease the Federal Trade Commission’s (FTC) objection over its proposed $4 billion acquisition of Mattress Firm Group. In conjunction with the planned Mattress Firm acquisition,...
The municipal council in Princeton, New Jersey, has begun the process to acquire the historic former campus of Westminster Choir College – although the ownership of the property is in dispute. NJ.com reported the council issued an ordinance to acquire the campus, with...
Elon Musk’s SpaceX is being sued for $15 million by the maker of the Cards Against Humanity party game for allegedly trespassing on and damaging the games company’s adjacent Texas property. The Wall Street Journal reported CAH acquired a tract of land along the...
New bipartisan legislation before Congress is seeking to add a new layer of scrutiny to acquisitions of US farmland and agricultural industry by nations that are viewed as hostile to American interests. The Protecting American Agriculture from Foreign Adversaries Act...