Industry News

Under Armour CEO Kevin Plank. Alvin C. Hathaway Sr. describes the benefits of the proposed Port Covington development for Baltimore, he cites the Old Testament Book of Jeremiah: "Seek the peace and prosperity of the city," the prophet says, "because if it prospers, you too will prosper.""/>
As Port Covington debate heats up, influential Baltimore pastors take sides [The Baltimore Sun]
Macy's closed last year."/>
Upper Valley Mall faces uphill battle to attract tenants [Springfield News-Sun, Ohio]
Dixie Group said Wednesday it has completed its facility restructuring and returned to profitability in the second quarter. To sustain the recovery, the Chattanooga-based carpet maker also announced it is entering the hard surfaces flooring market by adding a new luxury vinyl tile line in its Masland Contract division. Expanding beyond carpet for the first time should help Dixie capitalize on..."/>
Dixie carpet sales decline, but profits improve in quarter [Chattanooga Times Free Press, Tenn.]
Ruby Tuesday, 7616 Walton St. in Rockford, abruptly closed its doors today. A sign on the restaurant's main entrance notified customers of the closing. Media outlets across Illinois reported the closings of other Ruby Tuesday restaurants."/>
Rockford Register Star, Ill., Comings and Goings column [Rockford Register Star, Ill.]
Netflix to the Alaskan Bush continues. General Communications Inc. has entered a contract to supply high-speed broadband to Red Dog Operations, one of the world's largest zinc producers, which will enable it to do the same for Noatak, a neighboring village. The partnership highlights the interplay in rural Alaska among telecommunications companies, large-scale industrial operations, federally supported municipal services and residents in..."/>
GCI partners with Red Dog Mine for broadband connectivity [Alaska Journal of Commerce, Anchorage]
Ruby Tuesday grill chef Emmaniel Moore said in the parking lot of the restaurant at 2301 North Prospect. "So I came up here to find out if they were joking or not."/>
Champaign's Ruby Tuesday closes [The News-Gazette, Champaign-Urbana, Ill.]
Ruby Tuesday franchises across the Midwest has decided to close his Illinois restaurants, according to corporate. The Ruby Tuesday spokesperson said the company went to "great lengths" in assisting the franchisee, Jerry Ruta, but he ultimately made the decision to shut down."/>
UPDATED: Champaign's Ruby Tuesday closes [The News-Gazette, Champaign-Urbana, Ill.]
Daily Mail, London, business briefs column [Daily Mail, London]
Whole Foods Market issued a mixed third-quarter earnings report on Wednesday, missing on Wall Street revenue forecasts and triggering a drop in the retailer's stock in after-hours trading. Whole Foods said it had record revenue for the quarter of more than $3.7 billion with earnings per share of 37 cents. Thomson Reuters analysts had projected revenues of $3.73 billion with earnings per share of 37 cents."/>
Whole Foods' earnings misses on analyst forecast, shares fall [Austin American-Statesman]
Toyota Motor Corporation announces its production, domestic sales, and export results, including those for subsidiaries Daihatsu Motor Co., Ltd., and Hino Motors, Ltd., for June 2016 and for January to June 2016. June 2016 Key Points Production in Japan Toyota- Second consecutive month of increase Daihatsu- Second consecutive month of increase Hino- Decreased Toyota+ Daihatsu+ Hino- Second consecutive month of increase Sales in Japan Toyota- Fourth..."/>
Toyota Announces Results for June 2016 and January - June 2016
CarMax subleased 4,591 square feet of retail space in Mountain West Bank at 4250 Fairview Ave. in Meridian. Holly Chetwood of Thornton Oliver Keller handled the transaction. Boise Hot Yoga opened a second location and leased 2,871 square feet of retail space in Shops at State& Bloom at 5600-5630 W. State St. in Boise."/>
Who's moving in Treasure Valley commercial real estate [The Idaho Statesman]
RusTeak owners bring new eatery downtown [Orlando Sentinel]
Business Connect: People on the Move [Greeley Tribune, Colo.]

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