Posted by: John Tozzi on December 28, 2009
Holiday retail sales jumped 3.6% over last year (as measured by MasterCard Advisors’ Spending Pulse), Bloomberg’s Linda Sandler reports.
And in a city where there are no major grocery store chains, and more than three-fourths of the residents buy their food at convenience stores or gas stations, the idea of having easy access to fresh produce is appealing.
Maybe Detroit’s urban farms will one day supply the restaurants that are among the new businesses inhabiting closed car dealerships. The AP’s Julie Carr Smyth looks at what’s moving into shuttered showrooms. (H/t Infrastructurist.)
Microbusiness owners’ confidence edges up in the latest Discover Small Business Watch survey by Rasmussen, Joan E. Solsman writes for Dow Jones Newswires.