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Fort Worth's new thoroughfare plan aims for more variety in street design

Fort Worth is launching a review of its master thoroughfare plan aimed at accommodating continued suburban growth and central city redevelopment with a greater variety of streets and more efficient traffic flow.

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Holt Hickman, businessman who helped preserve Stockyards, dies at 82

Longtime Fort Worth businessman, philanthropist and preservationist Holt Hickman died Nov. 15, 2014, at the age of 82.

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UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

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Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

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Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

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Barnes & Noble closing two Fort Worth stores

 

Robert Francis

rfrancis@bizpress.net

Book retailer Barnes & Noble Inc. said today the company will close two longtime Fort Worth locations – the downtown store in Sundance Square and the University Village store - in January.
David Deason, vice president of development for New York-based Barnes & Noble, released a statement regarding the closings.
 

 

“The lease for the Sundance Square store will expire in January of 2014,” he said. “The owners of Sundance Square have been fantastic partners throughout the 17 years we have been operating at this location. However, the sales generated at the store are not at a level that will support keeping the store open.”
 

According to Deason, Barnes & Noble could not reach an agreement to renew its lease with the owners of University Village, Glimcher Realty Trust in Columbus, Ohio.

"We have made tremendous effort to secure an extension to our lease at University Village,” he said. “However the owners of the property have communicated that they are committed to breaking the store up into smaller spaces for other retailers that will pay rents in excess of what we can afford. We had hoped that we could find a way to keep the store open, but there just was not interest from the property owner in this case.”


Glimcher officials could not be reached for comment. Barnes & Noble still has several area locations, including a store near TCU, just down the street from the University Village location and a site on South Hulen. 


In July, Barnes & Noble CEO William Lynch announced he was departing after a three-year tenure in which the company was battered by the shift away from brick-and-mortar bookstores to e-commerce and digital products.
Barnes & Noble has tried to compete in the tablet market with the likes of Amazon's Kindle and Apple's iPad, but sales of its Nook tablets have disappointed.
 

The company's first quarter consolidated revenues, announced in August, decreased 8.5 percent, to $1.3 billion, compared to the prior year.  

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