| Malls head to NYC for retailers
Officials with three proposed retail projects are heading to New York City this week in hopes of luring new stores to the Coastal Bend. Trademark Property Company, the Fort Worth-based company planning to purchase, renovate and expand Padre Staples Mall; CBL & Associates Properties, one of the developers of Crosstown Commons, the outdoor mall planned for the city's Westside; and Dolphin Ventures, which is planning an outlet mall in Robstown, all will be at an International Council on Shopping Centers convention, which runs through Wednesday. Each will be vying for the same pool of retailers, which likely includes stores not currently here. Deal-making is a key part of the event, said council spokeswoman Erin Hershkowitz. "This is the main way that our members get their tenants, through these deal-making programs," said Hershkowitz.
Carey's downfall a reminder on what fame can do
His two latest escapades may eventually go to court. But in the court of public opinion, he is guilty of risking the good name of the game he played so brilliantly. Those who manage young AFL players must learn from Wayne Carey's rise and fall. Share this article What is this? .
Downtowns redefine county
For more than two decades, Gwinnett County has been the quintessential bedroom community, home to far-flung cul-de-sac subdivisions full of starter home commuters who made their way downtown to Atlanta every day. But the times, they are changing. Nowadays, going downtown may mean walking to the square in Lawrenceville or Norcross from a nearby townhome. Rather than boarded-up storefronts, those squares are now home to gourmet restaurants and a range of services homeowners once had to drive to a shopping mall for. As home buyers reconnect with the county's historic town centers, they join a trend happening all over metro Atlanta. .
Eisenhower rolls to 7th Citrus Belt League win
Rialto overcame a 16-point deficit to take a one-point lead but Damien Ephram's two free throws with 6.1 seconds to play lifted Fontana (3-5 CBL). Fontana's Jaime Villalobos scored a game-high 20 points. Xavier Ried had nine points and eight assists for Rialto (8-12, 3-5). Redlands 77, Carter 33 Ricky Peetz scored 15 points, including going 5-for-6 from three point range, as the Terriers (20-0, 8-0) remained undefeated with a win over the host Lions (0-8 CBL). Tristan Kirk added 11 points, 10 rebounds and five assists for Redlands, who led 22-5 at the end of the first quarter. Redlands East Valley 76, Yucaipa 63 Jammall Clark and Trone Jackson each scored 20 points as the Wildcats (15-6, 6-2) defeated the Thunderbirds (1-7 C.B.L.). Clark added 20 rebounds where as Jackson had five and six steals for REV.
Starbucks 1Q earnings seen slightly below Wall St. view; shares fall
Kron said he expects shares of Starbucks will trade in a range of $18 to $22 as investors "digest" strategy shifts and likely sales and margin pressures. At Friedman, Billings, Ramsey & Co., analysts cut their first-quarter earnings estimate to 27 cents from 28 cents a share, saying the December quarter was likely a "tough one" given the rise in commodity prices and a slowdown in consumer spending. "We believe that the sub-par performance was driven by an inflationary environment and difficult same-store sales trends in the quarter," analyst Howard Penney said in a note. However, Penney noted that what management has to say regarding its recent announcement to slow its U.S. growth capital expenditures, close some underperforming stores, and refocus on its core business will be more important than the actual earnings results.
Dubai must watch out for less pleasant superlatives
Dubai's place at the forefront of some of the UAE's most headline-grabbing projects is undeniably impressive. How many countries of any magnitude around the globe have four large-scale offshore development schemes on the go? Yet, Dubai, just one emirate within a relatively small Gulf state, does - with its three 'palms' and The World. Unsurpassed ambitionsBut such ambition is still not enough for this booming desert metropolis and regular users of the city's Sheikh Zayed Road will have watched the Burj Dubai rise ever skywards over the past eighteen months on its way to becoming the world's tallest tower. A recent newspaper report suggested that by 2015 Dubai will contain six 'supertowers' (buildings consisting of at least 100 storeys) more than any other city in the world. Last year, Sheikh Mohammed himself unveiled Bawadi, an almost unfeasibly huge tourism and hospitality complex to be built out in the desert at a cost of $27bn with 31 hotels, including, almost inevitably, the world's largest hotel, Asia Asia, with 6,500 rooms.
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