NEW YORK - The rich are tightening their belts, too. Even if it’s still a Gucci. Faced with the sharpest decline in net worth in nearly 50 years, wealthy Americans are re-evaluating their priorities and slashing their spending at a rate unseen in decades - a move that could have dire consequences for the economy, luxury stores and high-end brands.
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Glimcher Realty Trust , one of the country’s premier retail REITs, today announced that the company’s Board of Trustees has declared a quarterly cash dividend of $0.32 per common share.
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The sign on the front door reads: “Veteran Owned.” That’s an understatement. Three of the people running the newly opened Alamo Quik Pik have a combined 66 years of service with the U.S. Air Force.
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Ohio is the first state where a national development finance group is bringing together public officials, port authorities, banks and law firms to find the best ways to spur development. Amid a recession and a spreading commercial real estate slump,…
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