Industry News

Target stores within the city limits blew up social media-- 300 shares on Facebook and about 50,000 views of the online post, said James Calamia, executive director of the Roxborough Development Corp.. "It's incredible so many folks have moved into this area," he said."/>
Roxborough: A bullseye for families, businesses, and Target [The Philadelphia Inquirer]
Dick's Sporting Goods store when John Gongas approached with a novel idea. It had nothing to do with retail. Gongas wanted to open a go-kart track."/>
Malls reach crisis mode, search for options to anchor stores [The Pittsburgh Tribune-Review]
Tongda Group Holdings Limited is pleased to announce that it has been selected among the Forbes Asia 200 "Best Under A Billion" companies this year. The annual Best Under a Billion list highlights 200 champions in the small- to medium-size sector in the Asia-Pacific region with annual revenue between US $5 million to US $1 billion. The qualified companies are measured comparatively based on the following criteria: five-year return on equity, as well as sales..."/>
Tongda Group Selected to Forbes Asia 200 "Best Under A Billion" List
Caterpillar in Peoria and falling farm income are having a ripple effect on the west side of Springfield. GERMAN-BLISS EQUIPMENT plans to close at the end of the month after six years at 4151 W. Jefferson St., just west of Veterans Parkway. The local dealership has eight employees."/>
Local Business Notes: German-Bliss cites Caterpillar cuts, farm economy in local store closing [The State Journal-Register, Springfield, Ill.] But Alibaba's chief technology officer, Jeff Zhang, says it is also one of the best big-data companies in the world, with a scale of business that generates vast amounts of data and tentacles that reach into everything from social media to financing and payment, navigation to digital entertainment. "That's our competitive..."/>
Alibaba tech chief says it's looking far beyond retail [The Seattle Times]
Comcast for bad customer service. Sure, there were stomach-churning descriptions of terrible things the company did to its customers, but the state's formal complaint didn't describe long hold times when calling for technical support or failing to show up for service calls. Instead, the state is seeking about $100 million in restitution and civil penalties for "unfair and deceptive acts and practices.""/>
Star Tribune (Minneapolis) Lee Schafer column [Star Tribune (Minneapolis)]
Can blue chip bonds pay you an income? [Daily Mail, London]
Daily Mail, London, business briefs column [Daily Mail, London]

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