BENTONVILLE, ARK.
Wal-Mart will ax guns in some U.S. stores
Wal-Mart Stores Inc. has decided to stop selling guns in about a third of its U.S. stores in what it calls a marketing decision based on lack of demand in some places, a spokeswoman for the company said Friday.
The company decided last month to remove firearms from about 1,000 stores in favor of other sporting goods. The company declined to specify which stores would stop selling guns.
AVON
Vail Resorts’ move will cost it millions
Moving its corporate headquarters to Broomfield will cost Vail Resorts Inc. between $3.6 million and $4.5 million, the company disclosed in a regulatory filing Friday.
That includes severance and retention charges of $900,000 to $1.5 million and charges for relocation, contract terminations and other items of $2.1 million to $3.6 million.
The company also said it will record non-cash charges for accelerated depreciation on early retirement of certain assets of roughly $900,000.
Vail Resorts company announced earlier this month it had leased approximately 46,000 square feet space in a 10-story building in the Interlocken area.
DENVER
Stapleton’s Northfield will get a Bar Louie
Bar Louie has leased 8,303 square feet of space in the Northfield development at Stapleton.
Bar Louie, a division of Glenview, Ill.-based Restaurants America Inc., bills itself as a “neighborhood restaurant and bar” known for its sandwiches and martinis. It has locations in Florida, Illinois, Kentucky, Ohio and Pennsylvania.
Daniel Miller from SullivanHayes Brokerage represented developer Forest City Enterprises in the deal.
DENVER
United ups ante for frequent-flier freebies
Many United frequent fliers will soon have to pay to use their miles for some flight bookings.
Effective Oct. 16, United will charge a $75 fee for travel ticketed six days or less before departure, and $50 for travel ticketed 7 to 13 days before departure.
“Elite” 1K Mileage Plus members and Global Services members will not have to pay the fee.
United is also upping the requirement for standard awards to 50,000 miles from 40,000 miles, along with increasing requirements for some “saver” awards.
