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Entries in Sale (6)

Friday
Sep212012

Lines Form as iPhone 5 Goes on Sale 

Joanna Stern/ABC News(NEW YORK) -- Some decided to stay at home and patiently wait for the UPS and FedEx truck to pull up. Others stood in line for hours. For what? The iPhone 5, of course.

In typical Apple product launch fashion, fans eager to get their hands on the latest iPhone camped out in front of Apple stores across the country all night.

All Apple stores open at 8 a.m. local time on Friday to start selling the iPhone 5. The phone, which was announced last week but rumored for months, has a larger 4-inch screen, LTE, a faster processor, a new design and the new iOS 6 software.

At Apple's flagship New York City store on 5th Avenue, it was estimated that over 200 people waited overnight for Apple to snatch up the phone. Of course, not all of them were planning to even buy the phone. A few at the front of the line were being paid to hold the spot for others.

At the Apple Store on the Upper West Side in New York, close to 70 eager fans lined up. Queues also formed around the world in France, Germany, Japan and the U.K.

Apple sold two million phones online within the first 24 hours of being on sale. Those who ordered the phone within hours of it going on sale should receive it by Friday, but for others the ship time has slipped to three or four weeks.

The phone, which starts at $199 with a two-year contract, will also be available through AT&T, Verizon and Sprint stores starting on Friday.

 

Copyright 2012 ABC News Radio

Friday
Aug102012

12 Towns for Sale: Montana Town Where Custer Fell to Be Auctioned

iStockphoto/Thinkstock(NEW YORK) -- A small town in Montana where part of Sitting Bull and his Sioux army camped in 1876 before Lt. Col. George Custer fell will be auctioned this month.

Garryowen, a 7.7 acre town in southeastern Montana, will be auctioned on Aug. 15 by auction house Williams, Williams and McKissick, with a starting bid of $250,000.

For entrepreneurial real estate buyers, here are 12 towns that have been for sale, including the historic town:

1. Garryowen, Montana
Chris Kortlander, owner of Garryowen near the Little Bighorn Battlefield National Monument, first announced plans in January 2008 to sell the town and the Elizabeth Bacon Custer Manuscript Archive for $6.5 million.

2. Pray, Montana
Located 22 miles from Livingston, Mont., and 30 miles from Yellowstone National Park, the town of Pray was scheduled to be auctioned on June 27, 2012, but the property failed to sell because the auction did not meet the seller's reserve.  The minimum starting bid was $100,000.

3. Henry River Mill Village, North Carolina
Henry River Mill Village, N.C., is on sale for $1.4 million after being used as the set of the downtrodden community of District 12 in the film The Hunger Games.

4. Toomsboro, Georgia
On sale for $2.5 million, the town of Toomsboro, Ga., is about halfway between Atlanta and Savannah.

5. Courbefy, France
The French village of Courbefy, 280 miles southwest of Paris, was up for auction in February for an asking price of $400,000, or 300,000 euro, but no one bid.  An American buyer later bought the property for about $649,594, (520,000 euro), from the French Bank Credit Agricole.

6. Buford, Wyoming
Called "the nation's smallest town" at about 10 acres, Buford, Wyo., was auctioned on April 5 for $900,000.

7. Monse, Washington
Set between Seattle and Spokane, the small mountain town of Monse, Wash., was on sale for $575,000 in 2003.  It remained unsold for years until the town's owners split up the 60 acres of land it into parcels.

8. Scenic, South Dakota
The 46 acres around Scenic, S.D., were on sale for two years with an asking price of $3 million until the price dropped to $799,000 in July 2011.

9. The Grove, Texas
Founded in 1859, The Grove was a farming community until it became a ghost town after a highway was re-routed away from it in the 1930s because some residents wanted less traffic.  A woman from San Jose, Calif., whose grandfather formerly owned the town's general store, bought it for $200,000 in 2010, the San Jose Mercury News reported.

10. Eustis, Florida
It may not be an entire town, but the Orlando Sentinel reported in October 2008, that downtown Eustis, Fla., was on sale for $7.8 million on eBay in October 2008.  The Lake Community Foundation listed the 11-acre property in the lakefront city.  There were no serious offers.

11. Rocky Bar, Idaho
In June 2007, half of the ghost town of Rocky Bar, Idaho, sold for $250,000.

12. Palisade, Nevada

An unnamed buyer bought Palisade, Nev., in an auction for $150,000 in 2005.

Copyright 2012 ABC News Radio

Saturday
May262012

Best Memorial Day Weekend Sales

Anderson Ross/Brand X Pictures(NEW YORK) -- If you are on the hunt for the best Memorial Day weekend shopping deals, you might want to start sooner rather than later, said Tamra Feldman, vice president of marketing for the personalized shopping deals site, Shop It To Me.

After analyzing over 693,000 online deals through 2011 and over 8,000 from Memorial Day weekend last year, Shop It To Me, which provides users with personalized updates of items in their sizes with their preferred brands, found that the best markdowns come Friday and Saturday. The discounts then tapered off on Sunday and Monday.

"The good stuff is going to go quickly," Feldman said, adding that the sale items are mostly summer wear and products.

Because some sales began this year as early as Wednesday, the best deals may be flying off shelves earlier than expected, Feldman said.

For those who prefer to honor the nation's veterans this holiday weekend away from shopping crowds, many online retailers offer free shipping and returns, such as Nordstrom, Zappos and Piperlime.

Here are some of the best shopping deals pulled together from Shop It To Me and ABC News:

Ann Taylor:  Shoppers get an extra 40 percent off women's clothing styles during Ann Taylor's Summer Kick-off Sale. Ends Monday.

Black Lapel.com:  In time for wedding season, online custom suit tailor, Black Lapel, offers men's wear with free shipping and a "Flawless Fit Promise." Black Lapel's custom-tailored Solid Navy suit, at $449, is sold at less than half the price of Brooks Brothers' off-the-rack 1818 Madison line which starts at $998. Both are made of the same 100 percent wool fabric.

Bloomingdale's:  Take an extra 20 percent off select sale and clearance items with code SALE20 online at department store Bloomingdale's Big Brown Bag Sale. Exclusions apply, see site for details. Ends Monday.

Club Monaco:  Free shipping over $175 on all online orders for men and women. Ends Tuesday.

Dealery.com:  Deals site Dealery.com features Memorial Day weekend deals, including $59 for four pounds of large shrimp, including taxes and shipping from Nature's Prime Organics, normally $145. The site also features a $25 deal for two AMC movie tickets plus a $50 Restaurant.com gift card, a $50 value.

Endless by Amazon:  Get up to 50 percent off select styles, including Frye, Sperry Top-Sider, Seychelles and other brands at Endless, Amazon's independent shoes and accessories online store which launched in 2007. Ends Monday.

Gap:  Shop the Memorial Day Sale at Gap.com and save up to 40 percent off select styles. Ends Monday.

Histoire.com:  Get 30 percent off and free shipping with code WEEKEND at Histoire, an online retailer of socially conscious goods, which means "story" in French. Sale items include hand-woven Linen Square Pillows for 65 percent off, an antique glass candle stick for $9.80 and a T-light holder for $6.30. Ends Tuesday.

Home Depot:  Home improvement retailer, Home Depot, launched its Memorial Day weekend sale on Thursday. Its national advertisement features sales on everything from paint ($5 off a gallon and $20 off five gallons), barbecue grills ($199 for a $399 Nexgrill gas grill), briquettes ($5.88 for Kingsford 2-pack ), drill kits ($99 Ryobi One+ Lithium-Ion) and more.

J.Crew:  Get an extra 30 percent off spring sale items with code LOVEIT at JCrew.com for men, women and children. Ends Monday.

LOFT (Ann Taylor):  Ann Taylor's LOFT is featuring an "Everything under the sun $29 and under" event for women. Ends Monday.

Lucky:  Lucky brand is offering an extra 30 percent off sale jeans, no code needed. Ends Monday.

Macy's:  Retailer Macy's is offering buy one get one free pillows, dresses for 25 to 50 percent off, men's suits for 50 percent off and more. Online shoppers can use MEMDAY for further discounts. Macy's Memorial Day sale kicked off Thursday and ends Monday in store and online.

Madewell:  Get an extra 20 percent off sale, plus free shipping on all orders with code WEEKENDER. Some exclusions apply. Ends Monday.

Maidenform:  Get 25 percent off site wide at the women's intimates retailer's online store. Discount applied at checkout. Ends Monday.

Nordstrom:  Nordstrom's biggest sale of the season, its Half-Yearly Sale for women and kids, is online and in stores. Ends Sunday.

Ralph Lauren:  Enjoy 25 percent off select men's & women's styles, plus free shipping with code MAYFS12. Ends Tuesday.

Rugby by Ralph Lauren:  Get 25 percent off polos, shorts and swimwear, plus an extra 25 percent off already-reduced styles, no code needed. Ends Tuesday.

Saks Fifth Avenue:  Receive $50 off your $250 sunglasses purchase with code SUN2012 (valid for all women's sunglasses). Ends Saturday.

Steve Madden: 
Spend $75 and get 20 percent off with code STOCK20. Spend $100 and get 25 percent off with code STOCK25. Ends Tuesday.

Target:  The Shops at Target includes five design partnerships for men, women and girls which launched May 6. The collections aren't having Memorial Day sales but shoppers can snag deals like on the clothing boutique collection by The Webster. Actress Jessica Alba's daughter, Honor, was spotted on Thursday wearing The Webster at Target girl's tie smocked dress in palm print which is $16.99.

Theory:
  Enjoy $50 off any purchase of $250 or more with code SUMMER50. Ends Monday.

Trina Turk:  Shop the Trina Turk Memorial Day Sale and get up to 60 percent off. Ends Monday.

Copyright 2012 ABC News Radio

Monday
Apr092012

NC Town Setting of 'The Hunger Games' for Sale

Kevin Winter/Getty Images(HENRY RIVER MILL VILLAGE, N.C.) -- Still hungry for The Hunger Games? If owning a "Katniss" Barbie doll isn't enough to satisfy your love of the young adult book series and film, for $1.4 million you can own a town that served as a set for the box-office smash. The film was shot entirely in North Carolina, with the hometown of the three main characters -- District 12 -- filmed in Henry River Mill Village. With more and more fans visiting the place where District 12 was brought to life on the big screen, the owner of the village is now trying to find someone to take the property off his hands.

Wade Shepard, 83, is selling the 72-acre property, which has over 20 buildings. The mill burned down in 1977, but no matter to die-hard fans of the book by Suzanne Collins and the film, which has topped the box office for three straight weekends.

The village is reportedly about 70 miles east of Asheville, near the town of Hildebran.

Copyright 2012 ABC News Radio

Friday
Nov182011

Bankrupt Crystal Cathedral Sold to Catholics for $57M

John T. Barr/Getty Images(GARDEN GROVE, Calif.) -- Bankrupt mega-church Crystal Cathedral in Garden Grove, Calif. is changing faith traditions.  The Roman Catholic Dioceses of Orange is purchasing the church’s 40-acre property with its towering glass building for $57.5 million in a deal approved by a bankruptcy court judge Thursday.

The megachurch, founded by television evangelist Robert H. Schuller in 1995, filed for Chapter 11 bankruptcy in October last year to restructure its staggering debt.

The founder’s son, Robert A. Schuller, took over the church until he was forced out, in part, by family members who reportedly disagreed with Schuller’s leadership. The younger Schuller, now chairman of FamilyNet media company, had the highest salary at the church when it went bankrupt at $196,478, the Orange County Register reported.

The current congregants of Crystal Cathedral will have to find a new place of worship though dozens attended the six-hour hearing pleading to call off a sale of the property.

The board of directors on Wednesday voted to approve the Catholic diocese’s purchase even though Chapman University in Orange County offered up to $59 million.

The board chose the diocese to preserve the church as a religious institution, citing church bylaws and a desire to honor the donors who contributed to the church’s construction.

In 2008, the recession led to a decrease in church donations and ticket sales to its holiday pageants, according to church officials.

The church’s money troubles forced it to lay off at least 140 people last year, halve the air time of the Hour of Power TV program and even dismiss its orchestra and professional choir singers, church officials had said.

The cathedral decided to file for Chapter 11 only after some of its creditors sued for payment, according to church officials. Hundreds of creditors could be owed between $50 million and $100 million, according to documents filed in U.S. Bankruptcy Court. Its largest creditors include several television stations.

The beleaguered church canceled its “Glory of Easter” for the first time last year. Its holiday pageants, which charged up to $45 admission, drew thousands of people. People who were hired for those grand productions were among the creditors who say they were owed money.

“It was a very big production,” said Juliet Noriega, the wardrobe manager for the pageants, who claims she was owed more than $11,000 last year. “The three wise men rode in on camels. The roman centurions made their entrances on horses. Because the cathedral was such a large venue everything they did there was quite large. There were 200 people on stage and thousands of costume pieces.”

Copyright 2011 ABC News Radio

Monday
Apr182011

U.S. Government Planning Quick Sale of GM Stake

Bill Pugliano/Getty Images(NEW YORK) -- The U.S. government is planning to sell a substantial portion of its remaining stake in General Motors Co. this summer, reports The Wall Street Journal.

The Obama administration wishes to cut ties with the company, hoping to sidestep what could prove to be a controversial sale during the 2012 election year, according to sources familiar with the matter.

U.S. taxpayers are likely to take a hit, WSJ says, on the $50 billion rescue of the auto manufacturer due to the impending sale.

GM closed Monday at $29.97 a share, but in order to break even, the U.S. Treasury will need to sell off its remaining stake -- about 500 million shares -- for $53 each.

The Journal says rising fuel costs, management turnover and industry disruptions have caused trouble for shares.

Copyright 2011 ABC News Radio







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