Category Archives: Uncategorized

Bear Creek Plaza next up on the market

While the new Medford Center ownership was checking its math and tallying up refurbishing costs, Bear Creek Plaza shopping center quietly went on the block a few months ago. Bear Creek Ventures of Malibu, Calif., which acquired the shopping center on the southeast corner of Biddle Road and East McAndrews Road in 2007, is asking [...]

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Costco closed Thanksgiving, but Nov. sales grew

Costco reported November sales of $9.43 billion, an increase of seven percent from $8.79 billion in 2013. It didn’t even take staying open Thanksgiving Day for the Issaquah, Wash.-based warehouse retailer to thrive. For the 13 weeks ending Nov. 30,  Costco reported net sales of $28.73 billion, an increase of 7 percent from $26.80 billion over a year ago. Excluding [...]

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Mobile shopping continues to make inroads

Mobile and online fraud prevention firm iovation.com reported 37 percent of retail online transactions from Black Friday to Cyber Monday were made from mobile phones and tablets. A year ago, online retail purchases made from mobile devices accounted for 33 percent of sales. Last week, iovation found mobile devices were used for 38 percent of [...]

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Thoughts from an analyst who is bullish on Lithia

Simeon Rusanov, a fund manager for Lancaster University Investment and Finance Society in the United Kingdom, is flat out a believer in Lithia Motors. Blogging for Seeking Alpha, a financial and investing website, Rusanov concluded a lengthy, detailed analysis thusly: “To sum up, I am bullish on the automotive sector due to favorable economic conditions. [...]

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Medford Center no longer a “forgotten child”

The sale of Medford Center, announced Tuesday, received applause from commercial real estate brokers. Tom Fischer of Coldwell Banker Commercial NW in Medford thinks LBG Real Estate Companies princpals Leslie Lundin, Doug Beiswenger and David Goldman are the right people at the right time for Medford Center. “Doug and those guys have done turnarounds of [...]

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Buffett buys into auto retailing à la Lithia Motors

Warren Buffet, through Berkshire Hathaway and its vast holdings, touches just about every life in the country. If you doubt it, when you’re writing those monthly electric bill checks you’re adding to Buffet’s billions. Now the Oracle of Omaha is buying into the auto retailing market. That could make things more interesting for Lithia Motors, [...]

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So just what will those investigative law firms find beneath the Harry & David rock pile?

I find it downright hilarious when attorneys start pointing fingers at attorneys. When you consider who ended up holding shares of the rebirthed Harry & David Holdings three years ago, it is nearly laughable to read the spate of law firm announcements, couched with all-due-indignation, how they are investigating Harry & David’s sale to 1-800-Flowers.com. As an example: [...]

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Erickson ink 5-year fire supression deal with L.A.

Some good news from Erickson Inc., which builds and maintains heavy-lift helicopters outside Central Point. Erickson Wednesday announced a five-year contract with the City of Los Angeles to provide aerial firefighting services. Hot dry winds easily fan flames into large wildfires, threatening hundreds of homes almost every year. The new contract includes five one-year optional [...]

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When it comes to matching national demographics, Medford isn’t even close

The folks at WalletHub have taken national data, categorized it into four broad areas: Socio-demographic, housing, economic, and educational rankings. The consumer and business research firm then ranked Metropolitan Statistical Areas according to how close they matched up against the overall national figures. Medford isn’t exactly a mirror image of America, ranking 238 out of [...]

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If you’ve got the time, BLS has a tome for you

Marketing costs are an overhead expense that can differ between brick-and-mortar stores and online retailers because of different advertising needs. With more visibility to customers, retailers with storefronts in well-frequented shopping areas are typically less affected than e-commerce retailers by changes in marketing costs. By contrast, online retailers may be more dependent on advertising to direct customers to their “electronic storefront.” In 2012, on average, electronic and mail-order shopping retailers spent 3 times that of store retailers on advertising and promotions per dollar of sales.8

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    Greg Stiles

    Covering the Southern Oregon business and economy since 2001. Read Full
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