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December 12, 2012

  Top Story 
  • Tanger eyes solid 2012 performance
    Tanger Factory Outlet Centers is expecting a solid 2012, according to Steven B. Tanger, president and chief executive of Tanger Factory Outlet Centers. Comp sales were up 7% for the third quarter and 5.4% year to date, he notes. Also, "our Black Friday was a record-breaking Black Friday. Our traffic was up; sales were up across the country." The New York Times (tiered subscription model) (12/11) Email this Story
PLAYTIME Announces Recapitalization with Geneva Glen Capital as Part of Strategic Growth Plan
"PLAYTIME's clear leadership position in the custom commercial playground equipment market created a compelling investment opportunity for us. We look forward to supporting the company's dynamic culture and growth aspirations," stated Adam Schecter, Managing Director of GGC. More
  Industry Tracker 
  Retail News 
  • Post-Thanksgiving lull spurs more promotions
    Retailers are getting more promotional in their pricing as slower post-Thanksgiving traffic drives worries that consumers' concerns about the economy and the fiscal cliff will hurt holiday sales, analysts say. "Our core customers are concerned about (the) financial outlook, which is resulting in a dynamic that is driving the current competitive environment to be more promotional," said Dollar General CEO Richard Dreiling. The Wall Street Journal (12/11) Email this Story
  Finance & Economics 
  Business Best Practices 
  • 11 ways to become a better leader
    You don't have to be in charge of a large team to be a leader, but there are certain qualities that will make you more effective and inspirational, Margaret Buj writes. Stating your vision clearly, being passionate and positive, and always striving to improve can help you become a "transformational leader," she writes. (12/10) Email this Story
It is well for people who think to change their minds occasionally in order to keep them clean."
--Luther Burbank,
American botanist and horticulturist

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