Not an unreasonable question to ask, considering that, earlier this month, the Dallas-based retailer reported a net loss of $509.2 million for the 2008-09 holiday shopping season… Read more “Will Neiman Marcus survive long enough to open in Walnut Creek?”
Category: Economy Watch
Highlights and tidbits from CoCo Supes’ dice-and-slice budget cut decisions
On Tuesday, Contra Costa County supervisors shed $50 million more from their general fund budget, into the $90 million slashed since May. The newest round of cuts… Read more “Highlights and tidbits from CoCo Supes’ dice-and-slice budget cut decisions”
East Bay unemployment at highest level in nearly 20 years
The state’s unemployment rate rose to 10.1 percent this week, with unemployment in Alameda and Contra Costa counties at 9.2 percent. That’s way up from about 5… Read more “East Bay unemployment at highest level in nearly 20 years”
DA Robert Kochly, threatening dire public safety consequences if forced to cut staff, was earlier found to be "double dipping."
So, it’s not just Wall Street executives, like those at Lehman Brothers and Merrill Lynch, who have enjoyed lucrative job perks while our national economy sinks into… Read more “DA Robert Kochly, threatening dire public safety consequences if forced to cut staff, was earlier found to be "double dipping."”
After WC city leaders and Broadway Plaza (finally) listen to what people have to say, they receive more favorable feedback on Neiman Marcus
“City should have listened more the first time. … Public input should have been done earlier. … Macerich [owner of Broadway Plaza] listened. … Like [the new]… Read more “After WC city leaders and Broadway Plaza (finally) listen to what people have to say, they receive more favorable feedback on Neiman Marcus”
One-time Lamorinda couple named by Time magazine as among top 25 individuals to blame for the U.S. recession
Following the Savings and Loan crisis of the 1980s and 1990s, my mother was glad she had stashed her and my father’s money in World Savings Bank,… Read more “One-time Lamorinda couple named by Time magazine as among top 25 individuals to blame for the U.S. recession”
Good news for Walnut Creek’s Olympia Place: prominent storefront location won’t stay empty indefinitely
A national chain that sells vitamins, minerals, and sports nutrition supplements has leased the space at Mt. Diablo Boulevard and Locust Street that housed Bombay and Company… Read more “Good news for Walnut Creek’s Olympia Place: prominent storefront location won’t stay empty indefinitely”
Believe it or not, something some people in WC might need: a free workshop this Saturday on the foreclosure process
It’s been a month or two since I’ve visited this website, Foreclosure.com. From what I remember, in looking up listings for foreclosure and pre-foreclosures for Walnut Creek,… Read more “Believe it or not, something some people in WC might need: a free workshop this Saturday on the foreclosure process”
Big Ugly Houses and my recession-provoked “populist rage”
After my most recent post about some big ugly houses in Walnut Creek and Pleasanton, a reader accused me of being jealous and spiteful, and then of… Read more “Big Ugly Houses and my recession-provoked “populist rage””
Neiman Marcus: Not going quietly into the good night and totally committed to Walnut Creek!
Not sure this is the news that some of you want to hear. And I’m not sure whether to take this proclamation with the proverbial “grain of… Read more “Neiman Marcus: Not going quietly into the good night and totally committed to Walnut Creek!”
Crazy in Suburbia 