Regional malls may become relics by 2099, expert says
Real estate adviser Allen Cymrot predicts regional shopping malls will fade to dust as social and economic changes outpace brick and mortar centers. He argues malls face obsolescence from online retail, catalogs, and changing consumer priorities for price and time management.
MENTIONED IN THIS ARTICLE
New York
Allen Cymrot
Steven Wechsler
National Association of Real Estate Investment Trusts
Cymrot
National
Costco
Bu’s
Toys R Us
Office Depot
Cost Plus
Ma Bell backs satellite TV push as cable battle shifts
Jeffrey Washington angry when a holiday weekend outage left his family without TV. He later adopted Bell Atlantic DirecTV bundled with local phone service in Mitchellville Maryland at about $60 monthly. Bell Atlantic promotes local signal delivery while cable firms upgrade to sharper pictures more channels and bundled services.
MENTIONED IN THIS ARTICLE
Jeffrey Washington
Nickelodeon
Washington
Bell Atlantic
Directv
Mitchellville
Richard Beville
Bell Atlantic Video
Los Angeles
Cash balance pensions stir debate among workers and firms
The shift from traditional defined benefit plans to cash balance pensions draws praise for potential fairness and retention value yet faces criticism for possible abuse and older workers receiving reduced credits. Experts note growing adoption in Fortune 100 firms and spreading to smaller companies with lawsuits and regulatory scrutiny underway.
MENTIONED IN THIS ARTICLE
Eric Lofgren
Watson Wyatt Worldwide
Lofgren
Karen Ferguson
Pension Rights Center
Aries
Capitol Hill
Generation X reshapes corporate training and recruiting
Companies from Macy’s to Deloitte revamp programs to suit 20s workers known as Generation X. Managers adjust culture and feedback practices as Gen X prioritizes balance, independence, and rapid job moves amid a tight labor market.
MENTIONED IN THIS ARTICLE
New York
Macy’s
Bernadette Commisa
Commisa
America
Macy's
Deloitte Consulting
Deborah Gatts
Mervyn's Department Stores
Genx
Don Blanton
Sandia National Laboratories
Lockheed Martin
Silicon Valley
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Cymrut
Ma Bell
Actu
The
Sandra Bench
Mervyn
Okemos
Mich
Generation X