Business

Sears will close 63 more stores this year, the result of plunging sales and mounting losses for the once-mighty retail chain. In a statement released Thursday, officials with Sears Holdings announced they had identified 100 money-losing Sears and Kmart locations nationwide and that 72 of those would be closed “in …

Ivy Palm Resort & Spa in Palm Springs has been sold. The four-building, 100-room hotel was purchased by Oxygen Hospitality Group, a Phoenix-based real estate investment and management company that specializes in revitalizing hotels, according to a statement. Cost of the transaction was not disclosed. Ivy Palm Resort is at …

Esri is in expansion mode. One week after it reported it had opened a second office in Charlotte, N.C, the Redlands spatial analytics company has announced the opening of a second office in the St. Louis market. The company’s St. Charles office is part of Cortex, a 200-acre technology district …

Walmart has installed its first California pickup tower at its Chino Supercenter. The tower is a “high tech vending machine” that can fulfill an online order in seconds, according to a statement. Customers choose an item from www.walmart.com and select the “pickup” option at checkout. When the item arrives at …

The San Bernardino County Museum is paying tribute to one of the Inland Empire’s most interesting and innovative businesses. “Mechanized Magic: 40 Years of Garner Holt Productions in San Bernardino County,” opened Sunday and will run through Nov. 25, according to a statement. Founded by Holt in 1977 when he …

Mag Instrument Inc. has entered into a sponsorship agreement with The American Veterans Center and National Memorial Day Parade. The Ontario company, which makes heavy-duty flashlights used by law enforcement and the military, will help veterans attend and be honored at today’s annual event in Washington, D.C., among other efforts, …