| Wayne mall has to close after roads are flooded
The nor'easter that closed two Bergen County malls and many Paramus stores Monday continued to wreak havoc with retailers Tuesday, even after the rain stopped. Willowbrook Mall in Wayne closed Tuesday after roads leading to the shopping center became impassable because of floodwaters. .
Other US cities working to nab SA's gateway tag
San Antonio, because of its multicultural roots and its proximity to the border, has long fancied itself as the gateway to Mexico -- a designation that carries with it increasingly important economic ramifications. But attempts by a host of political and business leaders to create more transparent U.S borders has resulted in new competition for San Antonio -- including from some cities that are situated a thousand miles or more from Mexico. .
Business Briefs
The bank's unaudited results for the period submitted to the Nigerian Stock Exchange, NSE, on Monday showed a remarkable improvement on all parameters with profit before tax jumping by 59 percent to N17.64 billion over the N11.08 billion recorded for the same period in 2006. The results also showed that profit after tax rose by 69 percent, up from N8.86 billion recorded in the same period last year to N15 billion. Zenith Bank, with a total market capitalisation of N377.9 billion, has always held an attraction for investors who have reaped a capital appreciation of almost 150 percent in just one year following recent rallies in the bank's stock on the floors of the NSE. Since the public offer of early last year, the Zenith stock has risen gradually from N16.90, to close at N41.99 per share at the end of trading at the NSE on Tuesday, representing a total gain of N25.09 per share or 148.46 per cent.
Sharon embraces retail zone
Even to outsiders, the town of Sharon has long been known as an attractive bedroom community, though an expensive one because of its high property values and taxes and its stubborn resistance to commercial development. Now, in what some are calling a watershed moment, this sleepy suburb near Interstate 95 has awakened to embrace a plan to bring a retail and office project to a 57-acre site next to the highway. A Special Town Meeting attended by nearly 2,000 residents recently voted overwhelmingly to support zoning changes and other measures needed for the proposed lifestyle center, known as Sharon Commons. Michael Intoccia of Foxborough and the Congress Group of Boston, who are jointly developing the upscale project, plan to begin seeking permits in June, with hope of breaking ground next year.
'Growth monster' keeps on moving in Gilbert
Fairview Street, on a Gilbert county island, seems to have gone back in time. Children play in the street. Residents ride their horses freely outside the large lots of an acre or more. Watch audio slideshow And road rage that neighbors say had taken over the 25 mph county road just south of the Santan Village Parkway exit of Loop 202s Santan Freeway has been stopped by temporary barricades. Its pretty quiet now that we dont have the rat race going on, said Larry Krugen, appointed president of the Higley Ranches Homeowners Association, as he recently walked down the closed street. This is the way the neighborhood used to be five years ago. Now we can get up on our horses. We can go for walks, see kids playing. But changing times threaten to shatter that serenity. The traffic barricades, put up to keep out cut-through traffic coming off the freeway, will be taken down as Maricopa County officials study the traffic problem.
A Taste of Paramus shows Paramus has taste!
Presented by The Greater Paramus Chamber of Commerce's Education Foundation, this 2nd annual food tasting event was held in the Rotunda at Neiman Marcus in the Westfield Garden State Plaza Shopping Center. Foundation President Lisa Herrmann entertained a packed house showcasing music provided by the Paramus High School Cadence Quartet. This vivacious GSP Marketing Director also had an auction to attract more donors. Over $10,000.00 was raised as a result of this effort.
The participating restaurants were: The Rotunda, Fabulous Foods, Napa Valley Grille, Dim Sum Dynasty, Blue Moon Café, Japasia, Harvest Bistro, Madeleine's Petit Paris, Legal Seafoods, Joe's American Bar & Grill, Bensi, Papa Razzi and Pine Hill Restaurant. They presented a lavish array of their specialties for the hungry and discerning attendees with a beautiful background supplied by the setting sun.
Massive open-air mall gets go-ahead
MANTECA A massive open-air mall anchored by an oasis for outdoor enthusiasts has been given the green light by the City Council. The council Monday night unanimously approved a development agreement with Tennessee-based Poag & McEwen to build a 746,740-square-foot "lifestyle center" of retail, restaurants, cinemas, lodging and outdoor gathering places. "This is a goal we've been working towards for a long time, it's going to be a gem for the city," Councilman Jack Snyder said. The core of the Promenade Shops at Orchard Valley is Northern California's first Bass Pro Shop, a popular retail store for fishing and hunting gear. Some stores in the Midwest offer demonstrations and hands-on experiences enough to keep visitors entertained for hours. In his research of other Bass Pro Shops in the East and Midwest, Councilman Steve DeBrum said he found that patrons spend an average of three to four hours in the stores, compared to about an hour in normal retail shops.
Football legend Maradona to come to Vietnam
Under the “Maradona – A Legend" program, the Argentinean football star will join a friendly match with Vietnamese footballers and other activities, the newspaper's management said in a press briefing yesterday. Maradona will be accompanied by his teammates who won the World Cup in 1986 and 1990 including Goycoecha and Almeida, along with about twenty other Argentinean players. The Asian Tour will start in Bangkok, Thailand from May 21 to 24, then to Malaysia and Vietnam from June 1 to 4. On June 1, Maradona will arrive in HCMC and participate in a press conference in HCMC to introduce his activities in Vietnam. On June 2, Maradona and his team will play a friendly football match with the well-known former players of the ‘Golden Age' of Vietnam's football, including Hong Son, Huynh Duc, Minh Hieu and Cong Minh at the Military Zone 7 Stadium.
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