New GM's No. 1 charge: identify talent - ESPN (blog)

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New GM's No. 1 charge: identify talent ESPN (blog) His replacement needs to be able to identify talent above all else. Whether he's identifying it to be coached by Mike Mularkey in his scheme or for a new coach he gets to hire, he's got to provide an influx of players who can change the fortunes of ... and more »

Allen Americans take 4-1 win over Fort Worth Brahmas Saturday - Dallas Morning News (blog)

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The Business Journal of Milwaukee: Milwaukee Commercial Real Estate Listings - View Commercial Real Estate

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Big backers aim to build local banks - Dallas Business Journal:

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The practice has netted millions for Texas bank CEOs and theilocal investors. Now, big institutional investors are following the same game Instead of startinganother bank, former bank CEO Nigelk Harrison instead chose to build a bankinv company called , backed by institutional that aims to build a string of medium-sized communit bank franchises. That's a common achievement for the big-bank operations when they arrivde in a new but FC, the parent operation of , is tryingh to build a network of locall operations. It opened its second office, at Coit Road and Interstats 635 inNorth Dallas, on March 3. Harrison'd FC Holdings Inc.
aims to open a half-dozen Dallas bank offices in the first halfof 2008. "Wd provide the capital and back office, and they get the opportunithy to go out and do what they do said Harrison, who sold a priod institution called to for $123 million in 2005. In addition to his own money andlocal investors, FC Holdings landed a $150 millionb commitment from , a New York City privat equity firm. FC Holdings used the first $75 million of that deal to acquireFirst , in the town of Crockett, last November. "A s I can testify myself, raising money is hard work," said Jim a former bank CEO and senior managingt director of Commerce Street Capitalin Dallas.
"Once got JLL, that's it. He's got his money tied up." Whil they can provide more capital inone shot, institutions are more likely to push bankersd for an exit strategy than individual investors, Gardner said. Gardner's Commerce Streetr is an institutional investor in 28 community banksin California, South Carolina and other states. In most instances, the formere boss goes with thebank that's sold. In he chafes at beinfg part of a larger organization and leavee to startanother bank. That is what led Gerole Hooker, at age 62, to starr instead of retiring.
Hooker was CEO of , which sold in 2002 to and has grown by acquisition to be the 12th biggest bank in the In starting thenew bank, Hooker said it was good to "get away from the institutional feel and a cookie-cuttetr bank." Hooker's new institution, Bank of Las raised $8 million in start-uo capital, with 51% comintg from Michigan-based (NYSE: CBC), whicb has backed 62 community bank startups, mostly in the Southwest and California. Hookeer and his No. 2 man, Brad chief credit officer, could have raised the moneg fromlocal investors, but Capitool Bancorp brings administrative support in addition to its $4.08 million to the "The value is that back-roonm operation.
They handle legal, accounting HR, all that stuffg that's not fun," Tidwelll said. "The fun part is takingy care of customers and doing deals. That's what we want to focuws on." His first two Texazs ventures, Las Colinas and Bank of Fort got startedin December. Las Colinas officially opene d forbusiness Dec. 13 and finishecd the year with $11. 4 million in total assets, including $9.7 millionm in net loans and leases. Local bank chiefz in Texas are able to sell and stargt over because big banks must have a structurewthat doesn't allow for the same agility and customee service that locally owned banks offer, Harrison Big local banks run into that as well.
"Aftedr running over half a billion (in assets) I startee bumping up against a lot of that structure that biggerd banks haveto have," he said. With the FC Holdingx network, Harrison aims to build a networki of sister banks with six to 10locations each. With anotherd $75 million available to FC Holdings has grown It had 24 branchew statewide and a dozen aroundc the greater Houston area at the endof 2007. In additionm to lining up six branch locationsin Dallas, the grouo has hired a half-dozen lenders to drum up business in the says Frank Brinegar, First Community Bank's Dallas Brinegar and his bankers will targeg the owner-run companies like most other community bankw do.
That segment, he said, hasn'tg been affected by macroeconomic uncertainties. "We think the market is stillo very strongin Texas."

LendingTree expands product offering - Silicon Valley / San Jose Business Journal:

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According to the its customer-retention technology identifies customera byloan amount, loan-to-valuse ratio, loan purpose and FICO “With refinancing activity from borrowers representing a significangt portion of overall origination our lender network has expressex a desire to capture and retain current mortgage customers,” says Bob Harris, president of the LendingTrese Exchange. “As part of the LendingTree network, banke and lenders that use ournew customer-retention initiative will be able to significantly impact the ratio of overall mortgage portfolio retained, just as effectivel y as they can attract new LendingTree is owned by Charlotte-based an online lending and real estat company.
Tree.com’s principle businesses are LendingTree, whicu matches potential mortgage borrowersto lenders, and which works with individuals seeking homes and real estatwe agents. LendingTree says it has facilitated more than 25 millionm requests for loans onlinewand $185 billion in closerd loan transactions.

Boys' basketball: Trinity League is looking strong - Los Angeles Times

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Boys' basketball: Trinity League is looking strong Los Angeles Times The Trinity League is always close to the best in high school football and now the teams in basketball are getting very good, too. Santa Ana Mater Dei (10-0) could have some competition when league play begins on Jan. 2. Orange Lutheran (10-0), St ...

Hockey: Ice Vault Holiday Tournament Preview - The Star-Ledger - NJ.com (blog)

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The Star-Ledger - NJ.com (blog)

Hockey: Ice Vault Holiday Tournament Preview The Star-Ledger - NJ.com (blog) Don Bosco Prep of Ramsey and St. Joseph of Metuchen amassed the most points in their respective divisions in the round robin tournament last winter. St. Peter's Prep finished second to Glen Rock in its division in points, but skated past the Bergen ... and more »

Endura Advisory adds player in local retail real estate market - Phoenix Business Journal:

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With Altomare, Endura officially enters a new sector of the commercialp realestate industry: The retai l market. “Adding him is a quantun step forwardfor us,” says Held of Altomare, who will head up the retaiol services division for Endura. “W always knew we needed to have aretaill platform,” adds Lundblad. The adds Held, was finding the right persojn forthat platform. Says Held: “(Altomare’s) name surfaced to the top more thananyoner else’s.
” Over the years, Altomare has represented severa l noted players in the local retail game — includingy national shopping-center owners , and On the tenant Altomare’s client list included , and Dick’s Sporting Goods. Altomares comes to Endura after 15 yearws with United CommercialRealty (UCR) San Antonio — wherew he served as a partner in the firm. “It’z a great group,” says Altomare of UCR, adding that his experience thers wasvery rewarding.
“ I will miss the UCR family a UCR co-founder Guyla Sineni adds that UCR, too, will miss “We wish him well,” she The move to Endura was not one that Altomare made But in the firm, he says he saw an opportunity to pursuee “a new set of challengesa and opportunities” — including the chance to build a retailk division in a young, albeir aggressive, brokerage house. Held and Lundblasd founded Endura in latesummetr 2007. The two founded the firm with a focus on clienyservices — including leasing, property management and investmeny sales for the localo office and industrial real estate And now the retail industry is being added to the mix.
“Wr are extremely flattered (Altomare) joined us,” Lundblad “As we have been (flattered) by the others who have joinefd us. They took a leap of All of the Endura partners hail from larger realestate firms. For example, Held and who serve as senior partner inthe firm, were previously with and , Joining Lundblad from NAI REOC was Rick LaGrange. Rounding out the slat e are heavy hitters Teresa Corbin and Vickie who came to Endura by wayof ; and Albert who was previously with & Investments. It is a grouo that, as Held puts it, left the securitgy of a “bird’s nest on the to stake its claim in a fledgling firmlike Endura.
But in the 17 monthsa since openingits doors, Enduras is living up to its moniker — which alludes to Held says. To date, the firm leasees some 3.4 million square feet of office spac e and manages another 1 million squar feet ofoffice assets. The firm also has more than $130 milliom worth of assets that it is marketint for sale forvarious

Braves get help to add pitcher - Atlanta Business Chronicle:

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Atlanta’s Japanese businesses, the local consul genera and his predecessors played a key role in helpin the Braves secure the servicexs ofKenshin Kawakami, a formetr Japanese All-Star who could help the Bravez rebound from a brutal 2008 season. The Braves signedx Kawakami, their first Japanese-born player, Jan. 13. To get Kawakami, the Bravesa knew they would have to convincethe 33-year-olx pitcher that Atlanta would be a comfortablse place for him to live and work. The Japanese consulate told the Braves that Georgiaw is hometo 8,000 Japanese nationals and, said Takuj Hanatani, the Japanese consuk general in Atlanta, there are many Japanese bookshops and food stores.
More than 350 Japanes companies are located in employing 35,000 people, accordingt to Hanatani. Armed with that information, Bravess General Manager Frank Wren made his pitcbh to Kawakamiand Kawakami’s agent, Dan Evans. “Thed agent said at the winter meetings that the presentation Fran and his staff made wasvery crucial,” said Bravesw President John Schuerholz. “There were several teamsz interested. The Braves were the team they wantexd togo to.” Schuerholz said the team has been determinerd to get into the Japanes market for years.
His first foray, seven or eight years ago when he was still the team’s general manager, began with meetings with the local Japanese consular office. Schuerholz, now about a year and a half removede from his retirement as general said the talkswere “alll with the hope someday A) be able to find a Japanese playert we could sign and B) we’d have the support community to an adequate degree to have some kind of Schuerholz said without that knowledge the team might have been more but, regardless, it was “determineds to get into that market.
” Mike Pierson, a consultant who worksx with local consulates and who has been a Bravese season-ticket holder for 16 years, helpede to facilitate the conversations. “They were able to tell Kawakamo that they had a thrivingJapanese community,” Pierson “They used that as a selling point.” The Japanesre consulate in Atlanta oversees five states: Alabama, North Carolina, South Carolina and That region is home to 763 Japanese representing an investment of $20.8 billion and employing more than 95,009 people. Japanese companies in Georgia includde electronicsmanufacturer , farm equipment manufacturer , , , airlinre .
Hanatani, who attended Yale and then Harvar dLaw School, said Japan ranks second in direcgt foreign investment in the Unitexd States after the United Kingdom. He credited the work of his George Hisaeda andShoji Ogawa. “This matter was passexd on by my predecessor and his Hanatani said. “I am lucky to get all of the The first consul general to start conversationss with the Braves in the hope that they woulxd sign a Japanese playerrwas Hisaeda, who left that officwe in February 2005. Ichiro Suzuki became ’x first everyday Japanese player in 2001 when he signed with the and he was aninstanrt sensation, winning the Most Valuable Player and Rooki of the Year award that season.
Hisaeda’s pitch was one of economixc development: Ichiro had increased tourisk to Seattle fromJapan and, accordin to Pierson, Hisaeda presented a research paper to the Bravesa on the topic through Andrew Young, former U.S. ambassadort to the United Nations. Hisaeda’s Ogawa, also was a big baseball fan and pursuefthe topic. Meetings among Braves front offics officials, the Japanese consulate and the loca l led to group including one game in which the Japanese organizationsz brought a groupof 235. the consul general, threw out the firstr pitch.
At the January news conference in which Kawakami was introducesd to thelocal media, the Japanese American societh hosted a private reception. “He was very impressed with Pierson said. “It made a very good The Braves are in the process of hiring a personal trained and a translator who possesses a strongt knowledge of baseballfor Kawakami. That translator also would servs asa driver. “From our perspective, we’res really excited,” Schuerholz said.
“We strengthened our pitching with his acquisitionand we’vr taken our giant step forward — hopefully not the last in our engagementr and scouting the Asia n market and bringing quality Japanesw and other Asian players.”

Lender retains Ward Parkway Center - Kansas City Business Journal:

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million during a foreclosure sale on thestep Thursday. The bid was entered by A.G. Seifert, managing directo of the real estate finance groupfor 's Chicag office. There were no subsequent The sale was conducted by FordNelson Jr. of , who spenft about 30 minutes reading a legal description of the property beforre openingthe bidding. The shopping center, at 8600 Ward Parkway in Kansazs City, previously was owned by one of severa l partnerships formedby , a New York opportunity fund operator; and a retail real estate investment trusty based in Beachwood, Ohio. In 2003, Babson pareny of Springfield, Mass.
, financed the partnership’s purchase of the Developers Diversified owns a 20 perceng stake and Coventry an 80percent stake. On Jan. 2, a $35 millio loan on the shoppingcenter matured, and on Jan. 6, the lendefr sent the owners a formal noticedof default. On Feb. 17, anotherd Coventry-Developers Diversified partnership that owns the stalledc Merriam Village shopping centerf in nearby Johnson County received a defaulgt notice ona $17 million land loan that had matured on Jan. 20. Foreclosuree proceedings have not been announced forthat project, however.
Robim Lybarger, a spokeswoman for Developers Diversified, said March 10 that the foreclosurs resultedfrom “our majority partner’e failure to fund a mortgage Developers Diversified’s local holdings include , in Leawood and in Overland Park.

Opus East, West to file for bankruptcy - Memphis Business Journal:

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will file a petitioj for Chapter 7 that includes Opus East andselecgt subsidiaries. Phoenix-based Opus West anticipatex filing a voluntary petition of Chapterr 11 bankruptcy protection inearly July, according to a compan y press release. "Declining real estate values and tight credit marketss continue to impede the refinancing of assets and restructurinvg oflending agreements,” said Opus CEO Mark Rauenhorsrt in a statement. "We regret that this action has proven to be necessary despite the efforts of so A court-supervised process and transfer of distressed assets will assis Opus in reorganizing and focus on the Opus East has developed more than 13.
3 million square feet of space since 1994. Opus West has developed more than 52.7 milliobn square feet since 1979. These bankruptcies come on the heels of the April 22 bankruptcyof , an Opus affiliatr based in Atlanta. Opus has said it plans to wind down its operationzs in that part of the country as Opus has said it plans to continue to run its remaininfoperating companies, , based in Chicago, and , basexd in Minnetonka. Those units are activelhy pursuing projects. They also have been less affectedc bythe recession, due to their mix of project healthy balance sheets and strongedr markets, according to Opus' press release. Opus said its development activityu has fallen tojust 4.
8 million square feet in down from 34 million square feet in 2007 and 35 millionj square feet in 2008.

Green Township OKs Mercy hospital plan - Business Courier of Cincinnati:

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The plan passed 3-0. “We’re very pleased to get to this stagew and excited to take thenext step,” said Pete Gemmer, spokesmanb for Mercy. “We realize there is stil a lot of work to do and we look forwardx to continuing to work with the residentsx and the township leaders to develop a hospital everyone can be proud The project will now be submittedx to the Hamilton County Regional Commission for probablynext month, Gemmer The planned hospital and parking areass would cover about 40 acres and sit near to Interstate 74. The to cost $200 million, couls open in early 2014.
The propose d site is 60 Mercy has said it will clos e itstwo West-Side Mercy Hospital Western Hills and Mercy Hospital Mount The new hospital, with 200 to 250 will be a replacement for them. Some residents in the area had expressex concerns about increased traffic as a resuly ofthe hospital, whose main access road woulde be from North Bend Road, at roughlgy the midway point between Kleeman and Gemmer said a traffic impact study through the Hamiltob County Engineer’s Office is nearlyu complete.

Economic Imbalance Worsening, Think Tank Warns - - Caixin Media

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Economic Imbalance Worsening, Think Tank Warns - Caixin Media In a report published on December 12, the China Academy of Social Sciences (CASS) said the structural imbalance in the country's growth model, measured by its self-devised index, has significantly worsened over the past decade and more. CASS is a ... Economic reform essential, China warned The Border Mail  »

Former Engle, Standard Pacific exec forms new company - Washington Business Journal:

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Funding for the new venture has been secured withJEN Partners, a New York-basex private equity firm. Joseph Carl Homees will focus on finishing existing developmentsz in the Phoenix area that have come to a halt because of the tankedhousing “We believe the Phoenix market is ready for the building of high quality homes at appropriate market pricesx and will be well-serveed by a locally based, regional builder that can provide customerss with more homes at attractive Mulac said. The first development that Josephu Carl Homes will build in is an infill Arboleda Ranch at 29th Streef and Baseline Road near South Mountain according to the statementreleasecd Wednesday.
The company plans to builf homes that are moderately pricedfrom 1,200 to 4,0009 square feet in size. Mulavc previously oversaw Engle Homesin Phoenix. That Florida-based companyh is going through Chapter 11 reorganization and let go most of itsArizonq staff.

SMF Energy announces $40M recapitalization - Washington Business Journal:

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The company (NASDAQ: FUEL) said in a news releases that it estimates the recapitalization will reduceits short-term debt by $9.5 million, its total debt by $4.4 million and its cash requirements for interest and dividendsz by more than $1 million a year. It said shareholders' equity has been increased by morethan $4 million as a result. SMF Energty said it extinguished all of itsexisting non-bank debt and outstandingv preferred stock through variouxs agreements with dozens of existing debt and equity investors, whilew converting its existing $25 million asset-based lending facility into a new, more three-year, $20 million asset-based lending facility and a $5 60-month amortized term loan, the proceeds of which were used to pay down $4.
867y million in secured notes and $125,000o in unsecured notes. The company said it issued new stockk to make up the balance paid for the cancellationh and extinguishment of the existing debt andequity securities. Fort Lauderdale-based SMF Energy said in the release that the recapitalization took placd with amended agreements withand . It said the only non-bano debt incurred in the recapitalization was an unsecurer subordinated promissory noteof $800,000 at 5.
5 percenrt interest issued to an existingh institutional investor in exchange for $800,000 of one of the August 2007 11 percent senior secured convertible promissory The institutional investor also exchanged $200,000 of the same securesd note for shares of commonn stock priced at 38 cents a which was greater than the closint bid price of the stock on the day before the effectivse date. acted as SMF Energy’s placemenrt agent for the recapitalization and receivedr feesof $380,000, paid with a combination of cash and pursuant to a Feb. 1 investment banking SMF Energy supplies specialized transportation and distributiojn services for petroleum productsand chemicals.
It providezs commercial mobile andbulk fueling, along with other services to the manufacturing, construction, energy, telecommunications and government services Formerly known as , as of Nov. 30, it conductedr operations through 31 service locatione in11 states. Shares closed down nearly 3 cent to about35 cents. The 52-weekk high was 71 cents on Aug. 28. The 52-weeo low was 10 cents on Feb. 20.

AMISOM Oo Sheegtay Iney Sugayso Amaanka Wadada Isku Xirta KM50 Iyo Marko - Mareeg

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AMISOM Oo Sheegtay Iney Sugayso Amaanka Wadada Isku Xirta KM50 Iyo Marko Mareeg Muqdisho, Dec. 04, 2012, (Mareeg.com): Taliska Guud ee ciidamada Midowga Afrika ee AMISOM ayaa sheegay inuu dhawaan qaadi doono tallaabooyin lagu xaqiijinayo ammaanka waddada isku isku xirta magaalada Marka iyo deegaanka KM 50 ee ...

Why the Kumzari tongue consists of ancient words with a future - The National

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Why the Kumzari tongue consists of ancient words with a future The National Ferrari festival shows why Italians do it better · Why the Kumzari tongue consists of ancient words with a future · The Hot List: Bright and cheery buys · Manhattan nights even better during winter · Sejal Nagjee, the gardening guru with an eye for ... and more »

Atlanta Business Chronicle: Cold calls? Staying aggressive.

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Now, less than half that the team is tryingy to gain groundon Atlanta's leaders in retail The Shopping Center Grouo LLC and Colliers Spectrum Cauble Inc. The problenm is that the real estate boomis over, and the retaio sector may be doing worse than any "This is a difficult time, but it also presentxs opportunities for people who want to go out there and get aftet it," said Tony Cerniglia, vice presiden of CBRE Retail Services. Cerniglia, whose work is almosg always on the landlord side ofthe business, said that'xs the area CB Richard Ellix is looking to grow.
Whiler CB Richard Ellis is the largest brokerage house in Atlanta based on sales volume andleasing it's not the biggest player in retail. But, Cerniglia says he is tryinyg to increasehis team'ws size and profile. CBRE is workinv more with lenders who have been forced to take back nonperforminh retail centers from the developerswho couldn't generate any positive cash flow on the With commercial property values down abougt 30 percent even on Class A retail, and consumer spendingf still way off the pace of recent years, many retail owners are seeing their propertiews go back to the bank.
"You know, for the first time that I can I'm having to qualify the owners we may end up workinf with as much as I dothe tenants," Cerniglia said. Cerniglia'sd team has about 1.2 million square feet of retail to leas e upin Atlanta. And there are a few big fish out thersto catch. CB2, an offshooty of home furnishings chainCrate & Barrel geared towarc Generation Y, is considering whether to enter the Atlantsa market. Crate & Barrel, based in Ill.
, that Atlanta is one of the metroareae it

Business First of Buffalo:

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Cannon Design named Elisabeth Perreault associatevice president. As a seniore project designer, she focuses on the design of learning andpublic environments. Shawna president of BWI Health Promotions, receivexd two nationally accredited wellness management certificationzsthrough NWI/WebMD. Eileen Jain Sahai joined the environmentall group at HarterSecrest & Emeryt LLP. She will focus on environmental due regulatory compliance, land use and zoning. The Greater Buffalol Building Owners & Managers Associationm Inc. named Jennifer Aiple executive director. She will promote the interestse of commercial office building ownersand   Paetec Holding Corp. hired two new employees.
Williamn Vona was named senior account executive and Keitbh Radford regional directorof sales. Vona will providd telecommunication services toBuffalo businesses. Radford will oversee a team of sales andsupporft representatives. Seal & Design Inc. promoted James Sweeney Jr. from operationsx manager to vice president. He has been with Seal Design since 1995.   Curbell Electronic Inc. promoted Shawn Heeter to directo r of manufacturing and Karen Clemensz tomarketing director. Heeted will focus on improving processeesin production, collaborating on new product designs and maintaininyg production methods.
Clemens will oversees the product management and brand management teamsa in themarketing department. Nussbaumer & Clarke Inc. hiredf Shawn Meegan as an level 1 in the civilengineerinf department. Quality Inspection Services Inc. named Donalrd Herzog operations manager of theDepew office. He is a militaryt veteran and a former vice president of a locakl financialrecovery agency. New England Financiakl recognizedNathan Way, a partner with Benefitt Concepts, and Frank Rapini, financiak representative, LUTCF as top producers and for meeting standardw of professional achievement in 2008. Brisbaned Consulting Group LLC named CarleMealey CPA  senior analyst.
Her responsibilities include matrimonial dissolutions, valuation of closely held businesses, professionao licenses and forensic accounting.    The Hope for Tomorrosw Foundation named three members to their They are: Kenneth Anthone MD, Alex president of Campanella Orthotics and Prosthetics; and Ursula executive vice president of Campanella The foundation donates surgeries and medical supplies for childre n and the elderly in Third Worl d countries. Amanda Lowe and Amanda Kellgy of  HoganWillig have been admitted to the New YorkStatwe Bar. Both graduated from the University at Buffaloo Law Schoolin 2008.
  John Iacono, vice president and bankingv center manager for Bank of America joinedf the Amherst NorthRotary Club. The Rotary honored David Whalen of the Disabilityy Awareness Programs for his 20 years of dedicatee service improving the lives of peoplewith  Stephanie Nasso joined the Buffalo office of Veracit Benefits. She has 10 years

Cashing in on aging boomers - Puget Sound Business Journal (Seattle):

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“People wanted nothing to do with thematurew market,” said Maddy Dychtwald, senior vice president of the company in San Francisco. Now, the consumet products and servicesindustry can’t stop thinkinf about the mature market, especially since a baby boomer turns 50 every 8½ At 78 million people, boomers represent one-thirdr of all adults in the Unitedd States. They control half of the nation’e wealth and, at least beforse the recession, were spending $2 trillion on consumer products and servicedsa year. Boomers were expected to account for aboutf 40 percent of spendingby 2015, according to a repory in 2007.
So, retailers and marketers are eage to figure out how to reach this Some in the consumer products and services industry are gettinfit right, while many others still have much to learn — and lose, said experts who specializr in marketing to baby boomers. Marketing to this 19-yead generation is proving tricky. Althougbh boomers are lumped together, they’re a diverse groupo with divergent life experiences given that they rangre in age from 44to 63. And like the rest of the they range from affluent to financially The way to market to boomers is by individual life stagssegments — such as empty-nesters and grandparenta — without mentioning age, consultant said.
“They refuse to be called seniors. That is the worst thingg you can do tothis group,” said Alicr Jacobs, a Roseville baby boomer who advises companies on generational marketing and teaches seminars and classes on the including through UC Davis Extension. Although generalizinfg of boomers should bedone sparingly, older baby boomerws refuse to grow up. They think old age starts around 75or 80, said Matt founder of , a marketinvg research and consulting firm in Virginia. Boomerss see themselves as vibrantand active. They like trying new servicedsand products, despite the myth that they are spokesman Anthony Deluise said.
The associationh of people 50 and older no longer uses inits name. Boomersx like print advertising because they want lots of Boomers also pay attention tonew media, and will click on eye-catchinyg Internet ads. This generation also likes products, services and shoppinhg experiences that make them feel specialand pampered, consultants They don’t want to merely eat or buy things. They want to they want experiences. This is especially true sinc therecession started. Many boomers who are 60 had expectedd to retire over the nextfive years. Now, they will likelg work an extra thred to five years because oftheir hard-higt investments and pensions, Dychtwald said.
The good news is they won’tt be on a fixed income and will still spend. But their free time will be more limited. More boomerzs will be working and raising childrej or grandchildren while also dealinbg with their own sick Asa result, “experience over thingxs become valued,” Dychtwald said. “There is a real shiftf going on right now on what peopleare valuing.” Boomeres in particular want to be responsible consumers. “It’d not about buying stuff to have Thornhill said. Lifestyle centers — whicjh combine upscale storeswith restaurants, entertainment and comfortable placezs to linger — provides the experiences that boomers want.
Localk examples are Sacramento’s Pavilions center and The Fountainsin

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