Dos Palos
Dos Palos, CA · Business
hoodline.com
Macerich Defaults On Nearly $400M Tied To Fresno, Niagara Falls Malls
Mall giant Macerich has defaulted on close to $400 million in loans backed by shopping centers in Fresno, California, and Niagara Falls, New York, as the real estate investment trust negotiates with lenders over which properties it will keep and which it will let go. The two defaults, totaling $399.4 million, mark the latest step in a broader effort by the company to pare down its national mall portfolio.
Gourmetory
A major frozen Mexican food manufacturer is preparing to eliminate more than 100 jobs at its California facility
Ruiz Foods is preparing to cut 176 jobs at its Dinuba, California, facility. The company said the plant will stay open as it adjusts production to match expected customer demand. What Ruiz Foods said about the Dinuba cuts – Manouar/Pexels Ruiz Foods, the maker of El Monterey frozen burritos and Tornados snacks, announced plans to…
The Fresno Bee
Are The Children's Place stores in Fresno area affected by bankruptcy, closings?
The future is looking bleak for The Children’s Place stores in and around Fresno. Workers at the Fashion Fair mall store say it’s shutting down and giant “store closing” signs hang from the ceiling, though the company has not officially confirmed it is closing. The future of locations at Visalia Mall and Hanford Mall is unclear. Both locations are holding liquidation sales. The New Jersey-based company filed for Chapter 11 bankruptcy Sunday. The kids clothing retailer is attempting to survive the bankruptcy, looking for a new owner to buy it before the end of the year. Announcements of store closures are coming, according to an email from a company spokesperson. The message said: “At this time, all of our stores and e-commerce sites remain open and continue to serve customers. With that said, The Children’s Place has determined that it will be necessary to close certain stores during this process. As such, we are conducting an ongoing evaluation of our operational footprint and will communicate confirmed decisions as they are made.” The mall retailer’s revenue fell 18.9% in its most recent financial quarter compared to the same time last year. The Children’s Place took on “huge” levels of debt, some
GCN.com
dredgewire.com
Arcadis selected to provide construction management for the Friant-Kern Canal Middle Reach Capacity Correction project
Arcadis, a global design and consultancy organization for natural and built assets, today announced its selection by the Friant Water Authority to provide construction management services for phase 2A of the crucial Friant-Kern Canal Middle Reach Capacity Correction project. The Friant Water Authority estimates construction costs for Phase 2A between $80 and $98 million.
kvpr.org
This Fresno-based business has local roots that go back to 1874
When it comes to Fresno's oldest business, most people think of Fresno Ag Hardware. The store started in 1876 as Fresno Agricultural Works, home of the famous Fresno scraper. But another local firm has roots that date back ever further. Today on KVPR's Central Valley Roots, the story of the firm of Kutner & Goldstein, which is still around today as Penny Newman Grain Company.
The Fresno Bee
These Fresno businesses can prepare your family's holiday meal. Here's how it works
A frozen turkey can take several days to thaw, and then several more hours (or longer) to cook. For people who don’t have that kind of time, or who would rather spend it enjoying the company of their family and friends, restaurants and grocery stores around the Central Valley are offering catered holiday meals. Aaron Nielsen, the owner of Southern Hospitality Co. , has been offering catered holiday meals for the last eight years. His catered meals are à la carte, so people can pick and choose which dishes they want to order, as opposed to a set meal. Southern Hospitality Co. offers traditional turkey and honey baked spiral ham, as well as full assortment of sides like parmesan and bacon butter brussels sprouts, deviled eggs, mashed potatoes, dinner rolls and a $22 pumpkin pie. All orders have a $150 minimum, and the cut-off day to order a Thanksgiving meal from Southern Hospitality is the Monday before Thanksgiving. “I get phone calls the day of,” Nielsen said. Southern Hospitality Co. offers delivery or pickup options on Thanksgiving, which not all places do. Phoenician Garden , which also offers holiday catering, is closed on Thanksgiving, so it tells customers to have