Supply & Demand

As America devours more wings than ever, restaurants double down
As America devours more wings than ever, restaurants double down
America's appetite for chicken wings appears unending and restaurant chains of all sorts are rushing to feed it.It might seem impossible, but the pandemic actually made one of the country's favorite menu items even more popular. After governments forced restaurants to close and curtail indoor…
derek68·crainsdetroit.com·
As America devours more wings than ever, restaurants double down
With nearly a year's worth of supply for sale, downtown Detroit's condo market is oversaturated
With nearly a year's worth of supply for sale, downtown Detroit's condo market is oversaturated
For nearly two years, Detroit has had an excess of condominiums for sale on the market. To developers, that means an added challenge in an already tough building climate plagued with long-rising construction costs eating into profit margins — not to mention economic upheaval caused by a…
derek68·crainsdetroit.com·
With nearly a year's worth of supply for sale, downtown Detroit's condo market is oversaturated
Loves Furniture went bust. Then its HQ landlord jacked up its asking price.
Loves Furniture went bust. Then its HQ landlord jacked up its asking price.
The former Art Van Furniture headquarters property in Warren has been listed for sale for $65 million. That's an eye-catching number because just a few weeks before, its new tenant, Loves Furniture Inc., filed for Chapter 11 federal bankruptcy protection, the property was listed for $53.9 million…
derek68·crainsdetroit.com·
Loves Furniture went bust. Then its HQ landlord jacked up its asking price.
Loves Furniture files Chapter 11 bankruptcy 8 months after acquiring Art Van assets
Loves Furniture files Chapter 11 bankruptcy 8 months after acquiring Art Van assets
Loves Furniture Inc., the upstart furniture retailer that acquired more than two dozen Art Van stores out of bankruptcy only eight months ago, filed Chapter 11 bankruptcy in Detroit late Wednesday.The reorganization comes only weeks after the Warren-based retailer began liquidating 10 stores across…
derek68·crainsdetroit.com·
Loves Furniture files Chapter 11 bankruptcy 8 months after acquiring Art Van assets