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biz beat


Cookies by Design closed

• Cookies by Design in West End has closed, leaving customers a message on the door: “It is with great sadness we announce the closing of our store ... Thank you for letting us be a part of your happy occasions for many years.”



Holiday retail sales up

• ShopperTrak, a research firm, reported national holiday sales during December were up 4.7 percent from the same period last year.



Home prices down

• Standard & Poor’s/Case-Shiller index showed U.S. home prices fell in most major cities from September to October, falling in line with the roughly 32 percent decline in home prices nationwide since the housing bubble burst five years ago.


Some Sears, Kmart stores to close

• Sears Holdings reported a sharp drop in holiday sales and announced it would close 100 to 120 Sears and Kmart stores, including a Sears in Oak Ridge.



Robledo named City biz liaison

• Patrica Robledo, executive director of Hispanic Chamber of Commerce of East Tennesse, has been named Knoxville’s first business liaison.

 

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