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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Texas Wesleyan acquires two strip shopping centers on East Rosedale

Texas Wesleyan University has purchased two strip shopping centers on East Rosedale Street across from its Southeast Fort Worth campus, the university’s president said Friday.

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Neiman Marcus rumor discounted

 

A. Lee Graham
Reporter

The developer behind a planned retail, office and residential project between the Trinity River and Montgomery Plaza described Neiman Marcus as a welcome addition to the mix but added that no deal has been confirmed.
“I have no deal or no commitment from Neiman Marcus, but what a great site to be,” said West Miller, principal with Centergy Retail LLC of Dallas, which purchased the property in February from Chesapeake Land Development Co. LLC, the real-estate development division of Chesapeake Energy Corp.
A media outlet this week reported that the Neiman Marcus department store at Ridgmar Mall in west Fort Worth is considering whether to relocate to the West Seventh Street development. But Miller – and a spokeswoman with the Dallas-based retailer – said no deal has been done.
“It’s definitely a rumor,” said Neiman Marcus spokeswoman Ginger Reeder. Still, she said the company routinely considers locations for new stores.
“It’s business practice to always look at projects not only in prospective markets, but also in current markets. It’s good to know what’s going on,” Reeder said.
Interest from prospective tenants has skyrocketed since the West Seventh Street development was announced, Miller said.
“We have had very strong demand from retail, grocery and multifamily,” Miller said.
The approximately 30-acre property stretches from West Seventh Street on the south to Kansas Street on the north and from the railroad tracks on the west to the river on the east.
 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?