Retail trade
The release of Steven Spielberg's acclaimed film, Schindler's List, on DVD marks a monumental tribute to the iconic movie's legacy. As part of the celebration, Universal Studios Home Video will support the Survivors of the Shoah Visual History Foundation, a nonprofit organization founded by
Retail trade
ELITEGROUP Computer Systems, a leading manufacturer of computer hardware, has announced the deployment of over 300,000 laptops bundled with LindowsOS Laptop Edition. This move marks a significant milestone in the growing adoption of Linux-based operating systems for mobile computing. The laptops, priced under $700, come with built-in WiFi and
Retail trade
The Henkel Group has announced the acquisition of Dial Corp. for $2.9 billion and Advanced Research Laboratories (ARL) for an undisclosed sum, significantly enhancing its U.S. position in the household and cosmetics markets. These moves are expected to stimulate additional activity in the new year and push Henkel
Real estate investment trusts
Glimcher Realty Trust, a fully integrated real estate investment trust, has announced that Kmart has signed a lease to anchor Morgantown Commons, a community shopping center in Morgantown, WV. An investment of approximately $10 million will be made to construct a new Super Kmart store, which is expected to open
Retail trade
Ultimate Electronics Inc. announced a significant boost in sales for December 1994, with a staggering 94% increase from the prior year's sales of $16,504,000. The company's comparable store sales also saw a notable jump of 32% for the month, with the addition of a
Retail trade
Staples Inc. has pioneered the office products superstore industry and continues to expand its reach into the business market. The company has announced the establishment of a new regional office products distributor, Staples Business Advantage, which will serve medium to large-sized businesses throughout the metro New York tri-state area. This
Retail trade
Cracker Barrel Old Country Store, Inc. announced a strong first quarter for fiscal year 1995, driven by a 2.6% increase in same-store restaurant sales and a 5.1% increase in same-store gift shop sales. The company also reported a 25% increase in pretax income and a 10% increase in
Retail trade
The Sports Authority Inc., a leading retailer of sports equipment and apparel, announced its third-quarter sales and operating income for 1994. Despite a significant increase in sales, the company's operating income remained break even for the quarter. However, when excluding pre-opening expenses, operating income was $4 million, or
