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“The combination of a weak economy and the lack of scalse proved too great to Jim Hagedorn, chief executive of Marysville, Ohio-based lawn and gardenn giant , said in a statement Wednesday. Employees of the 5,500-square-foot store at Phillipws Place were notified Thursday of the plans to shutterfthe operation. A closing date hasn’tt been announced. Smith & Hawken opened the storw in 1998. Scotts (NYSE:SMG) says storewidde sales across the chain will begin immediately and be managed bya third-part y firm. Orders on Smith & Hawken’as Web site, catalog and call center have been discontinued.
The chaim has specialized in gardening tools, clothing, furniture, bookss and calendars. For a year, Scottsa had been exploring options forthe high-end garden brand it boughrt in 2004 for $68.5 million. But it decidedd closing the business wasthe “besg option available,” Hagedorn said. Scotts’ latesft annual report said the chain has consistentlt underperfomed during the pastfive
Saturday, January 14, 2012
Thursday, January 12, 2012
Voting begins on King Soopers contract offer - Houston Business Journal:
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Voting on the five-year offer by members of Unitedx Food and Commercial Workers Local 7 will continuwthrough Wednesday. Union leaders are not making a recommendation to theidr members on thecontract offer, whichn the union complains would cut pension benefits by an averags of $100,000 -- a conclusion disputed by management. “It’zs a good contract in a normal economy. It’as a great contract in this economy,” King Soopersz spokeswoman Diane Mulligan saidlast week. She said roughlty 65 percent of workers would get raiseds underthe company’s proposal. King Sooperzs is a Colorado unitof Cincinnati-based (NYSE: KR).
Coloradp workers for two other grocerhychains — Pleasanton, Calif.-based SWY) and Boise, Idaho-based (privately held) — continu e to negotiate separate dealas with their employers. If King Soopers workersz rejectthe chain’s latest proposal, they will continue working withoutg a contract until an agreement is reached or a strik is called. Their contract expired May 9.
Voting on the five-year offer by members of Unitedx Food and Commercial Workers Local 7 will continuwthrough Wednesday. Union leaders are not making a recommendation to theidr members on thecontract offer, whichn the union complains would cut pension benefits by an averags of $100,000 -- a conclusion disputed by management. “It’zs a good contract in a normal economy. It’as a great contract in this economy,” King Soopersz spokeswoman Diane Mulligan saidlast week. She said roughlty 65 percent of workers would get raiseds underthe company’s proposal. King Sooperzs is a Colorado unitof Cincinnati-based (NYSE: KR).
Coloradp workers for two other grocerhychains — Pleasanton, Calif.-based SWY) and Boise, Idaho-based (privately held) — continu e to negotiate separate dealas with their employers. If King Soopers workersz rejectthe chain’s latest proposal, they will continue working withoutg a contract until an agreement is reached or a strik is called. Their contract expired May 9.
Tuesday, January 10, 2012
Panasonic Introduces Smart Network 3D Blu-ray Discâ„¢ Home Theater Systems With ... - Sacramento Bee
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Panasonic Introduces Smart Network 3D Blu-ray Discâ„¢ Home Theater Systems With ... Sacramento Bee 9, 2012 -- /PRNewswire/ -- Panasonic is pleased to introduce three new Full HD 3D Blu-ray Discâ„¢ home theater systems, SC-BTT490, SC-BTT195 and SC-BTT190, that employ advanced technologies to reproduce clearer, enhanced theater-like surround sound to ... |
Sunday, January 8, 2012
Woman to watch: Elizabeth Brama - Minneapolis / St. Paul Business Journal:
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Continuing education: Bachelor of arts with majors in accounting andpolitical science, University of St. Thomas Law University of Minnesota Law School What professional accomplishment makes youmost proud? It’s a toss up betweebn passing the CPA exam during my firstr year at the University of Minnesota Law School (while also working and planning my and helping the Minnesota Special Redistricting Panel draw congressional and legislative district maps that were widely considered fair and were not challengeed on appeal. What do you see as the biggestr issue in your industrright now?
The current economy because it is so unpredictable, it’s difficulg to ensure preparedness without overreacting. Who has been your greatestt mentorand why? My who were both among the first in theif families to go to let alone get advancee degrees, taught me a lot about findinhg avenues to success and about I learned a great deal from watching Chief Justicwe Blatz juggle myriad responsibilities while always being respectful to the many people who need her time.
Severall Briggs and Morgan attorneys have taught me how to be a lawyerr and how to balance work and Family : Husband, Joseph; daughter, 4
Continuing education: Bachelor of arts with majors in accounting andpolitical science, University of St. Thomas Law University of Minnesota Law School What professional accomplishment makes youmost proud? It’s a toss up betweebn passing the CPA exam during my firstr year at the University of Minnesota Law School (while also working and planning my and helping the Minnesota Special Redistricting Panel draw congressional and legislative district maps that were widely considered fair and were not challengeed on appeal. What do you see as the biggestr issue in your industrright now?
The current economy because it is so unpredictable, it’s difficulg to ensure preparedness without overreacting. Who has been your greatestt mentorand why? My who were both among the first in theif families to go to let alone get advancee degrees, taught me a lot about findinhg avenues to success and about I learned a great deal from watching Chief Justicwe Blatz juggle myriad responsibilities while always being respectful to the many people who need her time.
Severall Briggs and Morgan attorneys have taught me how to be a lawyerr and how to balance work and Family : Husband, Joseph; daughter, 4
Thursday, January 5, 2012
Aurora's Southlands shopping center damaged by tornado - Dayton Business Journal:
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A twister reportedly touched down nearby at 1:49 p.m. Sunday and crossee through the area onan eight- to 10-mile-long path for about 30 the said. . Firefighters found moderatre damageat Southlands, located at E-470 and Smokt Hill Road, CBS4 News Rooftop heating, venting and air-conditioning unitx were damaged, windows were broken, a shed was destroyed, and a car was Natural-gas leaks also were Authorities shut down gas service to Southlands earlgy Sunday afternoon. No serious injuries were reporte d onthe shopping-center grounds, but a man in a nearby neighborhoox who was trying to take pictures reportedly was hospitalized with unspecifieed serious injuries, according to news reports.
A Southlandsd spokeswoman told CBS4 most ofthe center'sa stores will be closed Mondayy to allow for continuedr damage assessment. She said customeres should call individual stores to verify whether they are closecdor open. Southlands, which opened in is the Denver area's largest shoppin center by retail space, at 1.7 million square It consists of several freestanding buildings connected by pedestriah corridorsand streets. The complex is owned by Granitr Southlands Town Center LLC and managed by Forestf City CommercialManagement Inc. Four other tornadoeas were spotted north and east of DenverdSunday afternoon, and baseball-sized hail struckm some areas.
As many as 3,00o0 customers were without power for a time in parts of Aurorawand Centennial. .
A twister reportedly touched down nearby at 1:49 p.m. Sunday and crossee through the area onan eight- to 10-mile-long path for about 30 the said. . Firefighters found moderatre damageat Southlands, located at E-470 and Smokt Hill Road, CBS4 News Rooftop heating, venting and air-conditioning unitx were damaged, windows were broken, a shed was destroyed, and a car was Natural-gas leaks also were Authorities shut down gas service to Southlands earlgy Sunday afternoon. No serious injuries were reporte d onthe shopping-center grounds, but a man in a nearby neighborhoox who was trying to take pictures reportedly was hospitalized with unspecifieed serious injuries, according to news reports.
A Southlandsd spokeswoman told CBS4 most ofthe center'sa stores will be closed Mondayy to allow for continuedr damage assessment. She said customeres should call individual stores to verify whether they are closecdor open. Southlands, which opened in is the Denver area's largest shoppin center by retail space, at 1.7 million square It consists of several freestanding buildings connected by pedestriah corridorsand streets. The complex is owned by Granitr Southlands Town Center LLC and managed by Forestf City CommercialManagement Inc. Four other tornadoeas were spotted north and east of DenverdSunday afternoon, and baseball-sized hail struckm some areas.
As many as 3,00o0 customers were without power for a time in parts of Aurorawand Centennial. .
Tuesday, January 3, 2012
Teenager Arrested Over Young London Mother's Stabbing Murder - Fox News
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BBC News | Teenager Arrested Over Young London Mother's Stabbing Murder Fox News LONDON â€" A 19-year-old man was Tuesday arrested over the kidnap and murder of young east London mother Kirsty Treloar, police said. The 20-year-old was abducted from her home in Hackney shortly after 7:00am Monday. She was found dead in an abandoned ... Kidna pped London mum found stabbed to death 90 minutes later Abducted woman found dead in east London |
Sunday, January 1, 2012
The Business Review (Albany): Starting a Business : Business Advice
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In order to understand why a down marketr creates so many opportunities for astartupl company, you first need to understandc why a bull market makes it so difficulgt to succeed. In a bull the cost of everything skyrockets. As more capital becomesw available, so does more competition. New startups sprinvg up everywhere, competing for talent, marketint opportunities and customers. At one time you were the only game intown - now you'vw got three guys pretending to do exactl what you do - all the while increasing the cost of runningh your business. Conversely, a bear market drivea the cost ofeverything downward.
Companiez go into a panic, losing sight of their growt h goals and in some cases fallinbg intobankruptcy altogether. The sudden drop in demand forcezs the prices of everything sharply creating a perfect storm fora well-prepared company to creater unprecedented gains. Before you get your offens together, you need to get your defense lined up and that meanas getting very leanvery quickly. The problem with cominvg off of a bull market isthat we're not used to pullinh back. We're used to knowinbg that the next year will be even bigger than the so we plan andspend accordingly. This time we've got to create a very differenrt plan.
This plan is aboug reducing staff, marketing and all possible operatint costs you have before circumstances force such movewsupon you. Make no mistake, this is goinv to suck. Nobody is ever excited abourt downshifting, especially after a good run, but it'ws better than sending the entire company home becausewyou weren't ready to make A healthy approach is to plan for a very long Assume you'll lose more salese than you can possibly forecast. Think of your business in terms of what it is your compangy can operate on and still keep thelightzs on. You can always add more resourceds if you need them butyou won't be able to make up for overshootingh your income forecasts.
Kicking butt in a down market isn' t just about crawling up in a hole and waitinffor spring. It's about gettinfg lean so you can get focused on hunting Your competition may not react as quickly asyou did, whicbh is great news for you. Chances are their lack of planning is putting the companyu in atight spot. Their senior managementg is more concerned about making payroll thanmakingh acquisitions. Their foot soldiers are more worried aboug whether or not they are going to have jobs than whetheer their customers are as happy as theycan be. And that'ds where you swoop right in.
There is never a more cost effective time to attack the competition and take over their customers than in a down The cost of advertising plummets as the competition pulls The challenge of gettint media attention dwindles as fewer companies are vyingfor attention. And the cost of wooingh customers drops as sales representativews go into adefensive tailspin. In some casees you may not even have to attacjktheir customers. As your competition pulle back or goes outof business, you can let theifr customers come to you.
Try that in a bull
In order to understand why a down marketr creates so many opportunities for astartupl company, you first need to understandc why a bull market makes it so difficulgt to succeed. In a bull the cost of everything skyrockets. As more capital becomesw available, so does more competition. New startups sprinvg up everywhere, competing for talent, marketint opportunities and customers. At one time you were the only game intown - now you'vw got three guys pretending to do exactl what you do - all the while increasing the cost of runningh your business. Conversely, a bear market drivea the cost ofeverything downward.
Companiez go into a panic, losing sight of their growt h goals and in some cases fallinbg intobankruptcy altogether. The sudden drop in demand forcezs the prices of everything sharply creating a perfect storm fora well-prepared company to creater unprecedented gains. Before you get your offens together, you need to get your defense lined up and that meanas getting very leanvery quickly. The problem with cominvg off of a bull market isthat we're not used to pullinh back. We're used to knowinbg that the next year will be even bigger than the so we plan andspend accordingly. This time we've got to create a very differenrt plan.
This plan is aboug reducing staff, marketing and all possible operatint costs you have before circumstances force such movewsupon you. Make no mistake, this is goinv to suck. Nobody is ever excited abourt downshifting, especially after a good run, but it'ws better than sending the entire company home becausewyou weren't ready to make A healthy approach is to plan for a very long Assume you'll lose more salese than you can possibly forecast. Think of your business in terms of what it is your compangy can operate on and still keep thelightzs on. You can always add more resourceds if you need them butyou won't be able to make up for overshootingh your income forecasts.
Kicking butt in a down market isn' t just about crawling up in a hole and waitinffor spring. It's about gettinfg lean so you can get focused on hunting Your competition may not react as quickly asyou did, whicbh is great news for you. Chances are their lack of planning is putting the companyu in atight spot. Their senior managementg is more concerned about making payroll thanmakingh acquisitions. Their foot soldiers are more worried aboug whether or not they are going to have jobs than whetheer their customers are as happy as theycan be. And that'ds where you swoop right in.
There is never a more cost effective time to attack the competition and take over their customers than in a down The cost of advertising plummets as the competition pulls The challenge of gettint media attention dwindles as fewer companies are vyingfor attention. And the cost of wooingh customers drops as sales representativews go into adefensive tailspin. In some casees you may not even have to attacjktheir customers. As your competition pulle back or goes outof business, you can let theifr customers come to you.
Try that in a bull
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