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Eli Segall

Business reporter

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Food 4 Less pulling out of the Las Vegas market
Thursday, Oct. 30, 2014
Discount grocer Food 4 Less is ditching Las Vegas. Management said today it is converting six locations in the valley to Smith’s Food & Drug stores — both brands are owned by Kroger Co. — and closing eight others as it exits the Las Vegas market. The conversions and closures will take place by early next year. Food 4 Less employs ...
Number of Las Vegans without bank accounts on the rise
Wednesday, Oct. 29, 2014
Some 15.3 percent of Las Vegas-area households reported using an “alternative financial service” in the past 30 days when surveyed last year, compared to 12 percent nationally. Another 14.6 percent of local households had used such services in the past year, versus ...
Hughes Center adding cheaper eating options at office park
Wednesday, Oct. 29, 2014
Owners of the Hughes Center are bringing a slate of new eateries to the Las Vegas office park. The Blackstone Group, which bought the 68-acre property last year for $347 million, recently started construction of ...
Investors’ retreat from Las Vegas housing market triggers sales slowdown
Wednesday, Oct. 29, 2014
When investors flocked to Las Vegas for cheap homes after the economy crashed, they resurrected the housing market with sorely needed ...
Report: Outlook for new-home sales not ‘too exciting’
Tuesday, Oct. 28, 2014
A sluggish year for Las Vegas homebuilders isn’t expected to pick up anytime soon, a new report says. Local builders sold 605 new homes last month, bringing the year’s total to ...
First mountainside home lot at Ascaya in Henderson sells — for $925,000
Tuesday, Oct. 28, 2014
Developers of Ascaya, the long-delayed mountain-mansion project in Henderson, have sold their first lot — a 0.46-acre parcel for $925,000. The sale closed Friday, property records show, and sales of two other lots are expected ...
Nevada solar plant workers get nearly $2 million in back pay
Thursday, Oct. 23, 2014
Federal labor officials have recovered almost $2 million in unpaid compensation for workers at a 1,600-acre solar-panel plant near Tonopah. The U.S. Department of Labor said today it recovered about $1.91 million in back wages and fringe benefits for ...
Allegiant Travel earnings down 17 percent for 3rd quarter
Wednesday, Oct. 22, 2014
The parent company of Las Vegas-based Allegiant Air, a discount carrier that connects small cities to resort destinations, reported earnings today for the third quarter ending Sept. 30. Allegiant, with small base fares and lots of add-on fees, said its average total fare ...
Seller of Atomic Liquors building buys bank-owned office building
Tuesday, Oct. 21, 2014
A few months after selling the Atomic Liquors building to Downtown Project, the bar’s bosses have plunked down a few million for an office building in ...
Owner of downtown’s Ogden bucks trend with condo sales blitz
Thursday, Oct. 16, 2014
When investors bought the Ogden and four other Las Vegas residential complexes last year for big dollars, they were among many laying bets on the valley’s apartment market. Now they’re betting they can ...