Michigan business news in brief: Journal Register forbearance extended – Detroit Free Press
Journal Register Co., the publisher of 22 daily newspapers, extended a forbearance agreement with lenders to run through Jan. 16. The owner of the Oakland Press in Pontiac, Macomb Daily and Daily Tribune in Royal Oak said in a statement Monday that
Retail Roundup: Gloomy holiday sales linger ahead – Pacific Business News
The nation s retailers saw October s same-store sales take a nosedive and the gloomy reports point to a weak Christmas sales season. Macy s saw a 6.3 percent decline in same-store sales. It was one of the biggest declines the retailer has seen