McDonald’s Corporation (NYSE:MCD) announced it has been signed an agreement with Omri Padan, owner and CEO of Alonyal Limited, to buy back all 225 franchise locations in Israel owned by Alonyal. Upon completion of the transaction, McDonald’s Corporation will own...
The discount retailer 99 Cents Only Stores LLC announced it is closing its chain of 371 stores and winding down its business operations. The City of Commerce, California-headquartered company entered into an agreement with Hilco Global to liquidate the company’s...
The discount retail chain 99 Cents Only Store LLC is considering a bankruptcy filing. According to a Bloomberg report, the company has been unable to offload assets and is weighing either bankruptcy, debt restructuring or an out-of-court agreement. The company is in...
Hilton (NYSE: HLT) announced its acquisition of a majority controlling interest in Sydell Group to expand the NoMad Hotels brand from its existing London flagship location to high-end markets around the world. According to a statement issued by Hilton, the “addition...
TerraCRG, a Brooklyn-based brokerage focused on the borough’s commercial real estate market, announced the promotion of partner Dan Marks to CEO. Marks succeeds Ofer Cohen, the company’s founder, who will become chairman. Marks has been with TerraCRG for more...
In a striking reversal to an ongoing trend that found many top-named retailers exiting San Francisco, the commercial property owner and developer Grosvenor announced a new long-term lease with the luxury Italian jewelry and accessory designer Bulgari in the city’s...
MBA: Homebuyer Affordability Improved Slightly in June
