Sales Archives - Fosterscoachhousetavern

Luby’s closes restaurant sales, strikes new deal to sell real estate

September 16, 2021 admin

Luby’s inked an agreement last week to sell dozens of Texas properties to an Arizona-based real estate firm in a deal valued at $88 million.

Store Capital Acquisitions agreed to buy up to 26 of Luby’s Texas properties and plans to close on the sale Oct. 12, according to a filing with the U.S. Securities and Exchange Commission. Properties in the sale are tied to Luby’s restaurants leased and operated by Calvin Gin, a Chicago catering entrepreneur who bought Luby’s brand and restaurant operations in a separate deal that closed last month.

The developments are the latest in Luby’s ongoing

Real Estate

Lowe’s Sales Sag Amid Home Improvement Decrease

August 24, 2021 admin

North Carolina-based Lowe’s saw its comparable sales slip by 1.6 percent in the second quarter, the company said on Wednesday (Aug. 18), led by a drop of 2.2 percent in the company’s home improvement business.

Total sales in the three months ending July 30 were $27.6 billion, up slightly from $27.3 billion in the second quarter of 2020. Lowe’s saw 21 percent growth in its Pro segment and a 10 percent boost in installation services in the second quarter of this year. Online sales went up about 7 percent year over year, compared to a 135 percent spike the

Home Improvement

Labor Day Furniture Sales: When Discounts Start And Where To Find The Best Deals

August 23, 2021 admin

Labor Day furniture will be available for sale shortly after many of the top retailers offer significant discounts on the inside and outside of various fixtures and accessories (official location on September 6th this year). Many late summer items are on sale at Lowe’s, Home Depot, Wayfair and more, so it’s a particularly good time if you want to pay cash and trim these areas of your home.

Expect discounted patio furniture to make a big difference in sales as retailers are shifting their remaining inventory in this year’s style as the warm summer months near the end. Next year

Decoration Living Room

3M raises outlook for second half of year as office, home improvement sales rise

August 6, 2021 admin

3M Co. is betting on growing sales for the second half of the year, based on a strong first half that included an uptick in sales of automotive products as well as office supplies and home improvement items.

3M MMM earlier Tuesday reported second-quarter adjusted earnings of $2.59 a share on sales of $8.95 billion. Analysts polled by FactSet expected the diversified industrial company to report adjusted EPS of $2.28 a share on sales of $8.53 billion.

Shares of 3M fell about 0.5% on Tuesday. So far this year, the stock has gained 14%, compared with gains of around 17%

Home Improvement

Sales start for bankrupt developer’s Bay Area real estate empire

July 24, 2021 admin

SAN JOSE — An apartment complex in downtown San Jose is slated to become the first property unloaded as part of the auction of the pieces of the real estate empire of a bankrupt developer implicated in a federal fraud case.

The first property to find a potential buyer — at a $54.2 million price — is a big apartment building at 138 Balbach St. in downtown San Jose, according to papers filed July 16 with the U.S. District Court in the fraud case linked to bankrupt developer Sanjeev Acharya.

Court-appointed receiver David Stapleton is attempting to sell properties owned

Real Estate