The Ticker: Hilltop Steakhouse auction and more...

Written By Unknown on Kamis, 05 Desember 2013 | 00.32

U.S. sales up 1% 
over weekend

National retail sales climbed a mere 1 percent to an estimated 
$22.2 billion during the four-day Black Friday weekend that started on Thanksgiving for most of the nation, according to Chicago tracking firm ShopperTrak. Sales in the Northeast fell 1 percent, and store foot traffic dropped 9.8 percent. Record online sales on Cyber Monday, meanwhile, rose 20.6 percent from 2012, according to IBM. Mobile sales accounted for more than 17 percent of the sales, up 55.4 percent year-over-year.

Hilltop items to be sold at auction

The contents of the former Hilltop Steakhouse, the landmark Saugus restaurant that closed in October after 52 years, will be sold at an onsite auction Dec. 14. Restaurant equipment will be sold starting at 10 a.m., and furnishings, memorabilia and decorative items will go on the block at 
2 p.m. Among the items will be mounted bison heads, 11 carved wood cigar store Indians from the 1960s and Hilltop buttons, pins and menus. A preview is scheduled for 11 a.m. to 6 p.m. Dec. 13 and from 8 a.m. on auction day.

Kristin Pados joins Nara Logics Inc.

Nara Logics Inc., a computational neuroscience company that provides personalization to deep Web data, announced the appointment of Kristin Pados to its executive team. Pados will be joining the company at its Cambridge headquarters as senior vice president, product and general manager.


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