Latest news with #BillThom
Globe and Mail
3 days ago
- Business
- Globe and Mail
Sellers accept offer on North York townhouse after second attempt at the market
70 Castlebury Cres. No. 9, Toronto Asking price: $829,900 (March, 2025) Previous asking price: $825,000 (November, 2024) Selling price: $820,000 (March, 2025) Taxes: $3,168 (2024) Property days on market: 44 Listing agent: Bill Thom, Re/Max Realtron Realty Inc. The owners of this three-bedroom townhouse near Old Cummer GO station were not under any pressure to sell, which made it easier for them to reject the first offer for the property, for $815,000, before Christmas. With no other offers forthcoming, they took the property off the market for a few months, returning with a higher asking price in March. An offer of $820,000 was accepted. 'If you look at the math, they [would have been] better off if they had taken the $815,000 with the heating costs, maintenance fees, time and money [factored in],' said agent Bill Thom. Part of a roughly 50-year-old townhouse complex, this end unit has a multilevel layout with a street-level entrance, a built-in garage and a private, south-facing yard. The front door opens into a foyer with a short flight of steps down to a recreation area. Another set of stairs leads up to a living room with access to a patio and open sightlines into a dining area and eat-in kitchen on the next level. The bedrooms and two bathrooms are on the top two floors. Monthly condominium fees are $660 and cover water usage. 'It's a good area with a very good school, and we had an end unit, which is very rare,' Mr. Thom said. 'The backyard is facing south, so you get a lot of light.'
Miami Herald
10-04-2025
- Business
- Miami Herald
Regional grocery icon closing all stores
Easter Sunday falls on April 20 this year. It's a day when many stores close so employees can spend quality time with friends and family. However, once the 24-hour period is up, most stores return to regular operating hours. Sadly, this will not be the case for a beloved local favorite. Don't miss the move: Subscribe to TheStreet's free daily newsletter Since the beginning of the Covid pandemic, businesses have struggled to survive. A slowdown in the consumer market triggered by an uncertain economy has left shoppers more cautious about spending. Related: Walmart may have a tariff-proof weapon Many local retailers and even large chains have had no other option but to shut down some or all of their locations. Just this year, major retailers like Macy's, Walgreens, Kohl's, Big Lots, Party City, and Forever 21 - to name a few - have closed several locations due to underperformance or even bankruptcy. Founded in 2007, Thom's Market is a favorite neighborhood grocery store in Austin, Texas. The store has three locations: 1418 Barton Springs Road, 160 E. Riverside Drive, and 5901 Burnet Road. For 18 years, this iconic grocery shop has served thousands of customers by providing them with locally sourced goods to help boost the growth of local businesses. Related: Target unveils genius strategy to boost seasonal sales This month, Thom's Market announced that all three of its stores will close on April 20. They will be permanently shut down and become available for new tenants to take over the real estate. "This decision was not an easy one," said Thom's Market's Founder, Bill Thom, in the announcement. "Growing Thom's Market has been one of the most rewarding adventures of my life, and I am beyond grateful for the friendships and memories that have made this journey so special. What started as a simple neighborhood market blossomed into a beloved local landmark, thanks to our loyal customers and dedicated staff. We couldn't have done it without Austin's love and support," he added. A new retailer has agreed to take over the spaces only days after the announcement was made. This mystery owner has also acquired the remaining inventory and will continue to stock the same locally sourced products, at least until they are sold out, as reported by a local publication, Austin American Statesman. Although the market, its founder, and Betty, its iconic cowgirl logo, will be retiring, the staff will remain the same, for the most part, unless they've decided to leave. More Retail News: Discount retail chain takes aim at Walmart, TargetNational clothing retailer makes key change after bankruptcyBankrupt restaurant chain offers new deal, stiff drink This new owner has yet to be officially disclosed, and the terms of the agreements have not been made public. Nonetheless, the closures mark the beginning of a new era and the launch of potential new businesses. However, the new sales tax permits for all three markets are traced back to Austinite Lahzat Khanjae, who has a history of operating convenience stores in the Austin area, as reported by KXAN Austin. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
