The National Retail Federation is predicting holiday retail sales will rise six to eight percent this year compared with 2021, with total sales expected to land between $942.6 billion and $960.4 billion. Despite persistent inflation, sales should top 4.9 percent in November and December, the average year-over-year increase in Christmas …
Read More »Target to take over part of former Kmart building
Target will occupy 70,000 square feet of space in Ontario formerly used by Kmart. The retail chain has leased space in the Vineyard Freeway Center, 1670 E. Fourth St., according to Progressive Real Estate Partners in Rancho Cucamonga. Terms of the agreement were not disclosed. Progressive marketed the property next …
Read More »Upland industrial buildings are sold
A Los Angeles real estate investment and development firm has purchased 11 industrial buildings in Upland. Dunleer LLC paid $8 million for the structures at 928, 1004 and 1024 9th Street, which are less than a quarter of a mile from Interstate 10 and near Ontario International Airport, according to …
Read More »ONT wins marketing awards
Ontario International Airport has been lauded for its branding and marketing efforts by the Airports Council International-North America. The airport recently won the council’s top honor for marketing by a medium-sized airport, and it was the only airport in that category recognized for brand identity communications, according to a statement …
Read More »IE universities recognized for helping non-wealthy students
Four Inland Empire universities have been ranked among the top universities in the United States for providing four-year degree programs to non-wealthy students. Cal State San Bernardino (24), UC Riverside (48) University of Redlands (56) and Cal Baptist University (156) were all recognized for “help[ing] non-wealthy students attain marketable degrees …
Read More »Mall demolition hits snag
The demolition of Carousel Mall is on hold, at least for the moment. The city council is scheduled to discuss at its Dec. 7 meeting a proposal to level the abandoned structure for $7.7 million, said Councilman Theodore Sanchez. Because the average price proposed by other demolition companies is closer …
Read More »