Home Depot to Close Georgia Lighting
Atlanta, GA, December 7—Home Depot will close Georgia Lighting, a provider of high-end decorative lighting fixtures, plumbing and antiques. Home Depot acquired Georgia Lighting and its six stores in 1999.
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JD Ford & Thomas Named Finalist for Deal Maker Awa
Denver, CO, December 8--The M&A Advisor announced that Thomas Industries, LLC, a company formed by JD Ford & Company, has been selected as one of the three finalists for the "Manufacturing Industry Deal Maker of the Year."
Smith Barney: Vornado Could Bid for Sears
New York, December 7-- Smith Barney said on Monday that Vornado Realty Trust could team with a private equity firm or retailer to bid for Sears, scuttling the department store's $10.6 billion planned purchase by Kmart.
Chain Store Sales Off 1.7% Last Week
Washington, DC, NY, December 7--Retail chain store sales declined by 1.7 percent for the week ending December 4, according to the International Council of Shopping Centers (ICSC)-UBS Weekly Chain Store Sales Index released Tuesday.
IICRC Names 2005 Executive Committee
Vancouver, WA, December 8--The Institute of Inspection, Cleaning and Restoration Certification (www.IICRC.org) elected its 2005 Executive Committee during its Board of Directors’ meeting on November 8.
Survey: Most CEOs Say Flexibility and Adapting to
New York, NY December 6--Most CEOs say flexibility and adaptability to change are the major keys to staying competitive, according to a study released today by The Conference Board and sponsored by Heidrick and Struggles and PeopleSoft.
2004 Bankruptcy Filings Down
Alexandria, VA, December 6--The total number of bankruptcies filed in federal courts declined 2.6 percent in the 12-month period ending September 30, 2004, according to data released today by the Administrative Office of the U.S. Courts.
Tulsa Retailer Gets New Look
Tulsa, OK, December 6--A face-lift at a Tulsa furniture store is expected to be completed by year's end.
Howard Tibbals’ World's Smallest Circus Finds
Sarasota, FL, December 6--The "Greatest Show on Earth" in Howard Tibbals' world is also the smallest, with its diminutive circus acts, tiny spectators and a "big" top that measures just about 4 feet tall, according to the Lakeland, Florida Ledger.
Lanxess Plans its Launch
Leverkusen, Germany, December 6-- Bayer is to spin off its chemicals and plastics activities in early 2005 under the name Lanxess. It will start with 67% of its activities in profit and an inherited debt of EUR 1.5 bn.