Thursday , 18 December 2025

Recent Posts

Walmart, Amazon bring grocery wars to NY

Bloomberg For many years, FreshDirect has ruled the online grocery business in New York. In a city where most people don’t own cars, the company prospered by delivering a broad selection of fresh food to New Yorkers’ stoops and front lobbies. Families from Brooklyn to the Upper West Side came to rely on FreshDirect’s prepared meals, which were a snap …

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Sears seeks store offers for turnaround

Bloomberg Sears Holdings Corp. is shopping around its stores, looking to gauge what they’re worth in the open market while it weighs Chairman Eddie Lampert’s $4.6 billion bid to buy the entire chain and keep it open. The firm has hired real estate firm Jones Lang LaSalle Inc. to market its portfolio of about 500 US stores and so far …

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Bombardier CFO plans to refinance bonds soon

Bloomberg Bombardier Inc., the debt-laden manufacturer in the middle of a turnaround plan, expects to be able to refinance bonds next year even if high-yield markets remain skittish. The company’s next major debt maturity is $850 million due in March 2020, with more than $2 billion coming the year after that, according to company filings. As the 2021 maturities come …

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