The strategy adopted by Sears Holdings Corp (SHLD) to fund its liquidity needs and create value for its shareholders doesn’t seem to be raising investors’ sentiments any more. Sears has been continuing with its strategy to close downs stores for quite some time now.
“Buy local” is a common refrain in grocery store aisles and at farmers markets, and now construction companies are chiming in, as an industry group sounds the alarm over the bundling of light rail transit lines into a “mega-project” they say will exclude smaller Ontario firms and cost taxpayers an extra $500 million.
The startup viaCycle is a different type of bike-sharing model. It's a "Smart Bike-Sharing" company looking to blaze a path through Atlanta and eventually the rest of the country. What makes viaCycle different from programs like Citi Bike in New York City?
In hopes of reducing the impact of Obamacare, Olive Garden and Red Lobster are reducing hours and studying the impact.
Right now, this is just a small test, involving only four stores. However, if large chains are testing in that direction, no doubt other companies are doing the same. I also suspect smaller chains have already shifted to that model completely.