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 …
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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 …
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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 …
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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 …
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Fontana has opened an affordable apartment complex meant to help low and very-low income residents. The 69-unit Rosena Fountains development sits on 4.3 acres at 9451 Olive St., according to a statement. The project, the eighth affordable-housing development to open in Fontana since 2003, is a public-private partnership between the …
Read More »A $761,600 agreement has ballooned into a $41 million pact, and that has a prominent service employees union asking questions. In October 2015, Riverside County hired a global accounting firm to help it analyze how the county was spending money on public safety. At the time, its contract with KPMG …
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IE Business Daily Business news for the Inland Empire.
