Cambridge Square adds first boutique retailer
The Barn Door Boutique, a locally owned retailer of women and girls clothing, shoes, and jewelry, plans to open a 2,000 square-foot store at the Cambridge Square in Ooltewah this fall.
Legacy Real Estate & Development on Tuesday announced the addition of the first boutique retail tenant for Cambridge Square, a mixed-use community located less than a quarter-mile east off I-75’s exit 11.
Barn Door Boutique will be owned, managed and operated by local Ooltewah resident Sherry Fortner. Her extended team includes Sales and Marketing Manager Lindsay Dickert, Assistant Manager Ian McClung, and Special Project Manager Jon Dickert.
“We are very excited to welcome Barn Door Boutique to our community,” said Cambridge Square Marketing Director Jim Cheney. “Retail represents a new stage in development for us, and one that we have envisioned for Cambridge for a long time. It’s great to have Ms. Fortner and her team on board hope they’ll have a warm reception in Ooltewah.”
Barn Door will feature clothing lines with origins in such major markets as Los Angeles, New York and Chicago. Specific apparel lines include Sea Gypsies (Australia), Entro, and Umgee. Jewelry lines include Good Works, Lulu and Lee, Lorraine Francis, and Judith March. In addition to its chic apparel and accessories, Barn Door will also sell art, antiques, and home décor.
U.S. job openings, hiring fell in May
U.S. employers advertised fewer jobs and hired fewer people in May – a bad month for the U.S. labor market before a surge in hiring in June.
The Labor Department said Tuesday that job openings slid to 5.5 million in May, the fewest since December. Employers hired 5 million people in May, down slightly from April. The number of people quitting their jobs, which can reflect workers’ confidence in their job prospects, also ticked down.
Still, the level of job openings and hiring overall “remain quite strong,” Ian Shepherdson, chief economist at Pantheon Macroeconomics, said in a research note.
FILE – In this this Friday, Jan. 17, 2014, file photo, Starbucks cups are shown mugs in a cafe in North Andover, Mass. Starbucks announced July 12, 2016, that it was raising prices slightly on brewed coffee, espresso and tea lattes in U.S. company-operated stores. (AP Photo/Elise Amendola, File) Starbucks hikes prices as employees get raises
Starbucks has increased prices slightly on brewed coffee, espresso and tea latte beverages at company-run stores in the U.S.
The announcement comes a day after Starbucks announced it would boost the base pay of all employees and store managers at the same stores by 5 percent or more.
The coffee chain says prices on select sizes of brewed coffee in U.S. company-operated stores are jumping 10 to 20 cents Tuesday, while prices on espresso and tea latte beverages will rise 10 to 30 cents. The amount depends on the market in which individual stores are based.
FILE – In this May 11,2005 file photo, people enter AMC’s Studio 30 theater in Olathe, Kan. AMC Theatres is buying European movie theater operator Odeon & UCI Cinemas Group in a deal valued at about 921 million pounds ($1.21 billion). AMC says, Tuesday, July 12, 2016, that the transaction will make it the biggest movie theater operator in the world. Odeon & UCI has 242 theaters in Europe. The deal will give AMC a total of 627 theaters in eight countries. (AP Photo/Orlin Wagner) AMC Theatres buying Odeon & UCI for $663M
The owner of the AMC Theatre chain is buying European movie theater operator Odeon & UCI Cinemas Group from private equity firm Terra Firma. AMC will pay 500 million pounds ($663 million) in cash and stock. It will also assume 407 million pounds ($539.4 million) in debt.
AMC said Tuesday that the transaction will make it the biggest movie theater operator in the world. London-based Odeon & UCI has 242 theaters in Europe. The deal will give AMC a total of 627 theaters in eight countries.
Odeon & UCI will become an AMC subsidiary and continue operating under its current brand names.
FILE – In this 2015 file photo provided by his neighbor, Krista Kitchen, Joshua Brown stands by his new Tesla electric car near his home in Canton, Ohio. Brown died in an accident in Florida on May 7, 2016 in the first fatality from a car using self-driving technology. According to statements by the government and the automaker, his vehicle’s cameras didn’t make a distinction between the white side of a turning tractor-trailer and the brightly lit sky while failing to automatically activate its brakes. The National Highway Traffic Safety Administration continues to investigate the crash. (Krista Kitchen via AP, File) Federal safety investigators are asking electric car maker Tesla Motors for details on how its Autopilot system works and why it failed to detect a tractor trailer that crossed its path in a Florida crash.
The National Highway Traffic Safety Administration, in a letter to Tesla posted Tuesday, also requests data on all crashes that happened because its system did not work as expected.
The agency is investigating the May 7 crash in Florida that killed 40-year-old Joshua Brown.