Walmart opens second San Jose grocery store
San Jose is the site of the newest Walmart Neighborhood Market, which is opening Wednesday in the Evergreen district of the city.
Walmart is in a long-vacant space that Lunardi's Market once occupied. The new full-service grocery store will offer locally produced fruits and vegetables, fresh bread, meats, cheeses and prepared foods. It also will have a self-service deli and organic items.
Walmart will employ about 90 people at the store in Evergreen Village Square, just off Aborn Road. The store is about 41,000 square feet in size.
In October, a Walmart Neighborhood market opened in southwest San Jose in a former Safeway store. That 38,000-square-foot grocery employs 90 people.
Oakland retains Ask in downtown district
Oakland has retained a key corporate player with the decision by Ask.com to renew its lease in a downtown office tower, the developer said Tuesday.
Ask.com renewed its lease for 79,000 square feet at 555 12th Street in Oakland City Center, according to executives with CB Richard Ellis, a commercial realty firm.
Oakland City Center is now 94 percent leased. The 555 12th Street office tower is 98 percent leased, CB Richard Ellis said. Ask.com is the largest tenant in the office and retail complex.
"This level of leasing, including the Ask.com renewal, reaffirms the attractiveness of the property," said Ming Lee, an executive with CB Richard Ellis, which through an affiliate is a primary owner of Oakland City Center.
Robert Half profit up on demand for workers
Menlo Park-based Robert Half International said its profit soared in the fourth quarter because of rising demand for temporary and full-time workers, especially in the United States.
The staffing services firm earned $58.3 million on revenue of $1.03 billion for the quarter that ended Dec. 31.
Compared with the year-ago quarter, profit jumped 38 percent and revenue rose 5.8 percent. Per-share profit totaled 42 cents. Wall Street had expected a profit of 41 cents.
Solta Medical buys Sound Surgical
Hayward-based Solta Medical announced Tuesday that it has paid $30.5 million in stock and cash to buy Colorado-based Sound Surgical Technologies.
Solta is buying Sound Surgical for $25.5 million in Solta's common stock and $5 million in cash. The transaction should be completed before the end of March.
Solta in 2012 generated revenue of $144.2 million to $144.7 million, according to a preliminary estimate provided Tuesday by the company. Solta makes a noninvasive skin-tightening system that uses radio frequency energy to banish wrinkles on the face and hands, around the eyes, and other body parts.