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Updated: 1 min 18 sec ago

JM Family adds full college tuition at FAU to its many employee benefits

Fri, 03/08/2019 - 09:25

Usually earning the college degree comes first, and then the job.

But for employees at Deerfield Beach-based auto giant JM Family Enterprises, just working at the company can entitle them to full tuition at Florida Atlantic University in Boca Raton.

JM Family, a $15 billion diversified automotive...

Categories: Business

Vitamin maker to lay off 250 in South Florida

Thu, 03/07/2019 - 17:15

Longtime vitamin maker Rexall Sundown plans to lay off 250 workers at its offices in Deerfield Beach, Pompano Beach and Boca Raton, according to a notice to the state.

The layoff is set to begin on May 1 for a 14-day period, according to the notice filed with the Florida’s Department of Economic...

Categories: Business

Charlotte Russe to close all stores, liquidation sales begin

Thu, 03/07/2019 - 11:18

Malls and retail stores have continued to struggle due to declining sales — and now Charlotte Russe is joining the graveyard of clothing retailers that have been forced to shutter their doors.

The clothing retailer — popular with teen girls — announced the closure on its website, stating the online...

Categories: Business

Sunrise to transform east side with new housing, arts plaza and more

Thu, 03/07/2019 - 09:25

The city of Sunrise is getting ready for a makeover of its eastern side, envisioning new housing with retail shops and even an arts plaza for public events.

The area was built in the 1960s and needs a bit of a face-lift as the city has grown in population and changed demographics, said Mark Lubelski,...

Categories: Business

Dollar Tree to close nearly 400 Family Dollar stores

Thu, 03/07/2019 - 08:00

Dollar Tree Inc. is closing up to 390 Family Dollar stores this year and rebranding about 200 others under the Dollar Tree name. The company also slashed the value of its struggling Family Dollar chain, booking a $2.73 billion charge in its fiscal fourth quarter. That led to a massive loss in the...

Categories: Business

Ask a real estate pro: Doctor's diagnosis is first step to getting help with housing association

Thu, 03/07/2019 - 07:00

Q: My association is refusing to make accommodations to help me with my disability. What should I do? — Ray

A: Discrimination in all of its forms is wrong and should be addressed. This includes discrimination in housing against those who are disabled. Under the law, if you have a mental or physical...

Categories: Business

DeSantis wants to see insurance 'abuses pared back'

Wed, 03/06/2019 - 16:20

As the House and Senate try to resolve the complicated — and heavily lobbied — issue, Gov. Ron DeSantis used his State of the State address this week to call for changes in the controversial insurance practice known as “assignment of benefits.”

Assignment of benefits, or AOB, is a major issue in...

Categories: Business

Service America turns over 4,693 unclaimed refunds to state Division of Unclaimed Property

Wed, 03/06/2019 - 12:00

Home warranty provider Service America, which went out of business late last year, said hundreds of refund checks it sent customers for unused contract periods were not cashed.

Now the company has turned that money over to the state Division of Unclaimed Property.

The company is no longer responding...

Categories: Business

Venetian-palace replica up for auction at $36.25 million in Fort Lauderdale

Wed, 03/06/2019 - 06:00

If there’s to be a symbol of Fort Lauderdale’s status as the canal-laced “Venice of America,” the 27-room Casa Bella Fortuna is a prime candidate.

At $36.25 million and patterned after the Doge's Palace in Venice, Italy, the 17,350-square-foot home built by Fort Lauderdale entrepreneur Jim Barnett...

Categories: Business

Million-dollar condos planned for Coral Gables

Tue, 03/05/2019 - 14:30

A 13-story condo building will start construction this year in the heart of Coral Gables — to offer spacious units that’ll make it feel like you’re living in a large home.

The project, at 515 Valencia Ave., will attract “right-sizers” — families who want to downsize from spacious single-family...

Categories: Business

Hit the gym, then shop? Kohl's links up with Planet Fitness.

Tue, 03/05/2019 - 14:20

Some shrunken Kohl's stores are getting a new neighbor: Planet Fitness gyms.

Kohl's, which is on a mission to shrink its biggest department stores, said it will lease or sell the newly empty space at 10 locations to Planet Fitness, but may increase that number in the future. The new neighbor won't...

Categories: Business

Who's the richest? A look at 2019's top-ranking billionaires in Florida

Tue, 03/05/2019 - 11:30

Fifty-two of the world's richest people call Florida home, according to Forbes’ 2019 list of the billionaires.

Forbes, which released its list Tuesday, says the top-ranking billionaires in South Florida are:

Thomas Peterffy

Thomas Peterffy, CEO of Interactive Brokers is the only Florida resident...

Categories: Business

Bill to reduce home insurance costs moves forward

Tue, 03/05/2019 - 09:50

TALLAHASSEE -- Three weeks after the issue stalled, a Senate committee Monday moved forward with a proposal that would revamp the controversial insurance practice known as “assignment of benefits.”

The Senate Banking and Insurance Committee voted 5-3 to approve the proposal, which Chairman Doug...

Categories: Business

Marshalls set to open March 7 in new Boynton Beach location

Tue, 03/05/2019 - 08:45

Some discount shoppers are likely wondering where did Marshalls go in Boynton Beach?

No worries — the store just moved south, to the Boynton Commons shopping plaza, 363 North Congress Ave.

The new 22,000 square-foot store is scheduled to open Thursday , according to Katie Babb, spokeswoman for...

Categories: Business

Historic doctor's office to be moved to make way for apartment building

Mon, 03/04/2019 - 10:45

Pompano Beach’s first doctor’s office will be moved to make way for a 10-story rental apartment project.

The developer for Old Town Square confirmed he will contribute to the Pompano Beach Community Redevelopment Agency’s expenses to relocate the 1920s medical office of Dr. George S. McClellan.

Categories: Business

Office Depot and Alibaba opening online store

Mon, 03/04/2019 - 07:10

Office Depot and e-commerce giant announced Monday they would create an online store to extend their reach to small businesses in the U.S. The partnership could help the Boca Raton office supply retailer better compete with Amazon, which also has been targeting small businesses.


Categories: Business

Real or fake? When buying school gear, we shouldn't have to ask, suit says

Mon, 03/04/2019 - 06:00

At first glance, the Stoneman Douglas High School-branded apparel shown for sale on a Seattle-based retailer’s website looks like it could be purchased at the school’s store.

Some shirts bear the school’s initials, SDHS. Others declare “Property of Stoneman Douglas Eagles” and include an eagle...

Categories: Business

Sun Sentinel seeks nominees for Excalibur Business Leaders of the Year Awards

Sat, 03/02/2019 - 15:00

The South Florida Sun Sentinel is seeking nominees for its annual Excalibur Awards, which honor business leaders who have made outstanding contributions to their organizations and communities.

This year’s contest has been expanded with a new category — “Next Excalibur: Recognizing Young Professionals...

Categories: Business

Baby boomers are retiring in droves. Here are three big reasons for concern.

Fri, 03/01/2019 - 15:05

The youngest baby boomers are around 55 years old. The oldest are in their 70s. Most Americans don't remember a workforce without the largest generation.

And yet, as boomers enter their final years in the workforce, their retirements are taking companies by surprise.

In the next five years, almost...

Categories: Business

Could Brightline trains one day ride through a tunnel under the New River?

Fri, 03/01/2019 - 13:55

Brightline train passengers may one day be whisked through the heart of Fort Lauderdale — over a high span or even through a tunnel — in a big change in how trains get past the New River.

These days, they must cross a monstrous drawbridge in the downtown, a sore point for the city’s marine industry,...

Categories: Business