J C Penney tests stand-alone Home Stores in stores
J C Penney plans to spin off furniture and linens into separate Home Stores, aiming for about 30 by year end. The Texas retailer says the move frees space for clothing while competing with Bed Bath and Beyond type stores. Sears already moved its furniture to freestanding shops, and both chains report solid performance from the concept. Analyst support is positive.
MENTIONED IN THIS ARTICLE
Plano, Tex
J.C. Penney
J.C. Penney Home Stores
Bed, Bath
Penney
Dallas
Sears, Roebuck and Co
Sears Homelife
Brian
Tygart
Eckerd
Liebmann
Penney moves back to home goods with new stores
Penney plans a seven acre home goods expansion at its Lawrence area site, aiming to open a new full line home store by March 1998. The format blends soft furnishings with higher end furniture and fixtures, expanding in strip mall locations to attract shoppers beyond towels and sheets.
MENTIONED IN THIS ARTICLE
Lawrence
A.G. Edwards
Penney
Sears
Penney’s
Barger Tygart
Tygart
Tribal cooperatives gain universal service funds boost
The Telecommunications Act of 1996 received a last minute fix allowing tribally owned telephone cooperatives to qualify for universal service funds. Sioux leaders note funds help provide affordable service on reservations, with Gila River averaging $32 per access line. Congress and President Clinton signed the measure December 1, 1997, to correct jurisdiction gaps and ensure 14 NTCA members could meet the 1998 funds deadline.
MENTIONED IN THIS ARTICLE
Washington, D.C
Cheyeats River
J. D. Williams
Cheyenne River Sioux
Gila River
Congress
Clinton
NTCA
Michael E. Brunner
National Telephone Cooperative Sn
Commodities and livestock prices across markets and futures
Friday market round up shows wheat 3.23 to 3.26, soybeans 6.55 to 6.60, milo 3.80 to 3.86, corn 2.33 to 2.38 per unit at Farmer's and other elevators. Trade slows at Dopee City with cattle and hogs, 1,200 steers and 500 heifers sold. year end marketings and tax loss harvesting noted. Omaha and New York quotes list hogs at about 42, cattle and calves scarce, metals prices rise for copper, lead, zinc, and gold around 283 per ounce.
MENTIONED IN THIS ARTICLE
Farmer’s Co-operative Assn
South
Milo
Midland
North
Dopee City
St. Josepu
Omaia
Neb
USA
Omaha
U.S
New York
London
N.Y
Mercespot
Aoe
Metals Week
Handy & Harman
Railroad resumes southbound UP service to Houston and Dallas
Union Pacific will again carry containers and truck trailers from Chicago to Houston and Dallas, resuming daily southbound service six weeks after a suspension to ease congestion. Northbound service starts Wednesday as the merged UP merge with Southern Pacific continues easing nationwide gridlock.
MENTIONED IN THIS ARTICLE
Dallas
Union Pacific Railroad
Chicago
Texas
Houston
John Bromley
Union Pacific
Southern Pacific
Also Mentioned on This Page
Wendy Liebnar
WSL Strategic Retail
J.C. Penney Home
Las Vegas
Home Store
Telecom Act
Knight-Ridder News Service
Dodge City Livestock
St. Joseph Livestock
Omaha Livestock
N.a
Dilbert
Elbonia
Ntl
Nery
Séima
Seagate
Montorenko
Iz A
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