Bethany Beach's Sea Colony under new ownership
Article Abstract:
Sea Colony, a Bethany Beach resort complex owned by Carl M. Freeman Associates of Potomac, MD, has been purchased by ResortQuest International, a Memphis, TN-based firm that was formed through the purchase of 12 vacation rental and property management companies. Although terms of the deal were not revealed, Joshua M. Freeman, president of Carl M. Freeman Associates, will become a member of ResortQuest's board of directors and its executive committee. ResortQuest is headed by former Promus Hotel Corp. executive vice president and chief operating officer David C. Sullivan.
Comment:
Has purchased Sea Colony, a beach resort complex in Delaware, but terms were not revealed
Publication Name: News Journal
Subject: Business, general
ISSN:
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Barnes & Noble takes on Borders
Article Abstract:
Barnes & Nobles Booksellers, based in Westbury, CT, will open a 30,000-sq-ft store at the commercial strip of US 202 in Brandywine Hundred, MS, making another offensive against Borders Books & Music, which has a store around a mile away from Barnes & Nobles' store. The new store, which will have 60 employees, will be located adjacent to the Concord Mall, giving it access to shoppers who are from Pennsylvania and are looking for a better deal in Delaware. In addition, the store would also target shoppers of Borders in New Castle County.
Comment:
Will open 30,000-sq-ft store at commercial strip of US 202 in Brandywine Hundred, MS, making another offensive against Borders
Publication Name: News Journal
Subject: Business, general
ISSN:
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Shops feel heat from Home Depot
Article Abstract:
Home Depot's planned entry into the Glasgow, DE, market is expected to produce adverse effects towards smaller hardware operators. Small family stores may be driven out of business due to the enormous size and merchandise volume of Home Depot, according to analysts. Industry observers point out that national chains such as Home Depot, can monopolize the market because they can easily lower their prices to stifle competition. Home Depot plans to start construction of the proposed store by the later part of May 1998.
Comment:
Its planned entry into Glasgow, DE, market to produce adverse effects towards smaller hardware operators
Publication Name: News Journal
Subject: Business, general
ISSN:
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The beneficiaries of employee ownership: Managers or non-managers? Expert systems and organizational decision making
- Abstracts: Managing technology partnerships. Firm-level benefits of radical innovation. The successful exploitation of new technology in banking
- Abstracts: Rebel commander claims power. Tajikistan forces take rebel centers. Iran raids rebel base in Iraq
- Abstracts: Historian fired for Holocaust remarks. Ballistic missile test-fired. Sunbeam CEO fired, partners sue
- Abstracts: Measuring the technological leadership of international joint ventures in a transforming economy. The dominant strategic positioning of foreign MNCs: a typological approach and the experience of Israeli industries