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Starting in October, Destination Maternity (NASDAQ:DEST) will open 500 Two Heartxs Maternity stores in Sears and anotheer 100in Sears-owned Kmart stores. In the previou s partnership, from April 2004 to June DestinationMaternity (then knowbn as Mothers Work Inc.) had about 480 maternity-wear departments in Sears stores only. When Mothers Work announcesd the end of thatSearse deal, it said simply that it was unablee to reach an agreement to extend its partnership with the departmenr store chain. This time Destination Maternity said the productt lines willhave “an enhancerd level of quality and design,” while still offerintg an array of products under $30.
“This relationshi p allows us to brinyg our knowledge as the maternity apparel fashion experts to a broader customer base, while providing us exclusiv e access to Sears shoppers and an opportunit y to reach Kmart shoppers for the first time,” said Ed CEO of Destination Maternity. “Enhancing our maternituy collections is a critical part of our overall plan to appealpto families,” said Craig Israel, a senior vice president of the Sears Apparel division. which is based in Hoffmann Estates, Ill., has 3,900 stores, including Sears and Kmartt locations.
Philadelphia-based Destination Maternity has 1,087 retail locations, including 730 stores trading under the namedsMotherhood Maternity, A Pea in the Pod and Destination
Tuesday, July 10, 2012
Sunday, July 8, 2012
AT&T unit wins case over claims coverage - Dallas Business Journal:
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At issue in the case involving was whetheer an insurer was obligated to coverd a claim by Prodigy even though Prodigyg failed to give notice to theinsurer “a s soon as practicible,” as was requiredf by the policy. Prodigy is an Internet servicesproviderf that, through a series of became AT&T Internet Services some years ago. In part becaus the insurance company wasn’t harmed by the the court ruled that theinsurer — Agricultural Excesas & Surplus Insurance Co., now knownj as Great American E S Insurance Co. and — had to covet the claim.
“Unfortunately, we had lost in the trial courrt and inthe (Fifth Court of Appeals,” says Werner a litigation partner in Dallas at Haynes and Boon who represented Prodigy. “It took the Texasd Supreme Court to getit right.” Powerws worked on the case with Charles C. Keeble Jr., of counse at Haynes and Boone. “The Supremee Court of Texas decided to createnew law,” says Joe a partner in the Chicago offic e of Walker Wilcox Matousek LLP, who representefd the insurance company.
The case is significanty for businesses of all sizes because the policy at the centerd of the casewas what’s known as “claims made,” meaning claims receive coverage only if they are brough to the insurer’s attention during the time when the policuy is in effect (or in a set period aftee the policy expires). Certain typea of insurance policies thatbusinesses buy, includinfg directors and officers, and errors and omissions coverage, tend to be claims-madre policies. In a decision last year in a case callefPAJ Inc. vs.
, the statwe Supreme Court ruled that insurers must provide coverag ein “occurrence-based” policies when the insured gives late notic of a claim, as long as the insurer was not harmerd by the delay. Occurrence-based policies pay for claimss that occur when the policy isin effect, regardlesz of when the claij is made. Commercial general liabilithy policiesfor business, as well as home and auto coverage for are occurrence policies. “This was a majodr extension ofthat doctrine” establishecd in PAJ vs. Powers says.
Normally when companies have D&O or E&O “there’s always a concern about the immediacuy ofreporting (the claim) to the (insurance) carrier,” says Davifd Metzler, the Dallas-based chairman of the Insurance Coverage and Litigationb Practice Group at Cowles & Thompson. The Prodigy case may give companiews a little breathing room onthat front. But, Metzler “your general practice should be toreport (the claim) as soon as you
At issue in the case involving was whetheer an insurer was obligated to coverd a claim by Prodigy even though Prodigyg failed to give notice to theinsurer “a s soon as practicible,” as was requiredf by the policy. Prodigy is an Internet servicesproviderf that, through a series of became AT&T Internet Services some years ago. In part becaus the insurance company wasn’t harmed by the the court ruled that theinsurer — Agricultural Excesas & Surplus Insurance Co., now knownj as Great American E S Insurance Co. and — had to covet the claim.
“Unfortunately, we had lost in the trial courrt and inthe (Fifth Court of Appeals,” says Werner a litigation partner in Dallas at Haynes and Boon who represented Prodigy. “It took the Texasd Supreme Court to getit right.” Powerws worked on the case with Charles C. Keeble Jr., of counse at Haynes and Boone. “The Supremee Court of Texas decided to createnew law,” says Joe a partner in the Chicago offic e of Walker Wilcox Matousek LLP, who representefd the insurance company.
The case is significanty for businesses of all sizes because the policy at the centerd of the casewas what’s known as “claims made,” meaning claims receive coverage only if they are brough to the insurer’s attention during the time when the policuy is in effect (or in a set period aftee the policy expires). Certain typea of insurance policies thatbusinesses buy, includinfg directors and officers, and errors and omissions coverage, tend to be claims-madre policies. In a decision last year in a case callefPAJ Inc. vs.
, the statwe Supreme Court ruled that insurers must provide coverag ein “occurrence-based” policies when the insured gives late notic of a claim, as long as the insurer was not harmerd by the delay. Occurrence-based policies pay for claimss that occur when the policy isin effect, regardlesz of when the claij is made. Commercial general liabilithy policiesfor business, as well as home and auto coverage for are occurrence policies. “This was a majodr extension ofthat doctrine” establishecd in PAJ vs. Powers says.
Normally when companies have D&O or E&O “there’s always a concern about the immediacuy ofreporting (the claim) to the (insurance) carrier,” says Davifd Metzler, the Dallas-based chairman of the Insurance Coverage and Litigationb Practice Group at Cowles & Thompson. The Prodigy case may give companiews a little breathing room onthat front. But, Metzler “your general practice should be toreport (the claim) as soon as you
Saturday, July 7, 2012
Wendy
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The Dublin-based fast-food chain, part of Wendy’s/ , said putting the account up for review was the latest step ina “comprehensivwe turnaround plan” for its brand following the company’s acquisition in September. It said it will first pick a lead agenct tointegrate advertising, media planning, digital and othee services, and then focu on multicultural marketing, mediaa buying and public relations efforts. “We’ve completed a rigoroux analysis ofthe Wendy’s brand that included extensive consumere and market research,” Wendy’s Chief Marketinfg Officer Ken Calwell said in a statement.
“Nosw that we have a clear branrd strategy in place and a branx book to guideour decisions, the timing is righgt for us to significantly improve how we communicate the Wendy’sz message to consumers.” Wendy’s said its current agency of record, LLC, will take part in the The New York agenchy has been behind the hamburger chain’s “Waaaay Better Than Fast ad push, launched in earlyt 2008. Calwell credited that campaign with helping to stabilizre sales trends andimprove branding, awareness and recall. Wendy’s turned to Kirshenbaun after pulling the plug onits “That’sz Right” campaign in January 2008.
That eight-month efforrt was notable – and criticized in some quarters – for the variousw pitchmen who donned red wigs and pleaded with consumeres tochoose Wendy’s over The company said the campaign generated attention for the but that attention was not translating into Calwell was hired to lead Wendy’se marketing efforts in July last year. A vice presideny for new product marketing, research and planning with the compan from 1998to 2001, he rejoined Wendy’s after a stint as marketinvg chief at (NYSE:DPZ). Atlanta-based Wendy’s/Arby’s (NYSE: the third-largest quick-service restaurant chain in the has morethan 10,0000 restaurants.
The company last year lost $479.6 million on $1.82 billion in It’s first quarter loss was $10.9 million.
The Dublin-based fast-food chain, part of Wendy’s/ , said putting the account up for review was the latest step ina “comprehensivwe turnaround plan” for its brand following the company’s acquisition in September. It said it will first pick a lead agenct tointegrate advertising, media planning, digital and othee services, and then focu on multicultural marketing, mediaa buying and public relations efforts. “We’ve completed a rigoroux analysis ofthe Wendy’s brand that included extensive consumere and market research,” Wendy’s Chief Marketinfg Officer Ken Calwell said in a statement.
“Nosw that we have a clear branrd strategy in place and a branx book to guideour decisions, the timing is righgt for us to significantly improve how we communicate the Wendy’sz message to consumers.” Wendy’s said its current agency of record, LLC, will take part in the The New York agenchy has been behind the hamburger chain’s “Waaaay Better Than Fast ad push, launched in earlyt 2008. Calwell credited that campaign with helping to stabilizre sales trends andimprove branding, awareness and recall. Wendy’s turned to Kirshenbaun after pulling the plug onits “That’sz Right” campaign in January 2008.
That eight-month efforrt was notable – and criticized in some quarters – for the variousw pitchmen who donned red wigs and pleaded with consumeres tochoose Wendy’s over The company said the campaign generated attention for the but that attention was not translating into Calwell was hired to lead Wendy’se marketing efforts in July last year. A vice presideny for new product marketing, research and planning with the compan from 1998to 2001, he rejoined Wendy’s after a stint as marketinvg chief at (NYSE:DPZ). Atlanta-based Wendy’s/Arby’s (NYSE: the third-largest quick-service restaurant chain in the has morethan 10,0000 restaurants.
The company last year lost $479.6 million on $1.82 billion in It’s first quarter loss was $10.9 million.
Friday, July 6, 2012
NutriSystem settles EEOC pregnancy discrimination case - Dallas Business Journal:
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The EEOC alleged in the lawsuit that NutriSystem (NASDAQ:NTRI) fired Robyn Linenberg in November three weeks after she informed the company she was and only one month after placintg her in a leadershipo training program. Linenberg began working for the Horsham, Pa., weight-loss companuy as a temporary recruiter in its human resources department in 2005 and was madea full-timer employee later that year, the EEOC A consent decree requires NutriSystem to draft a policy prohibitinv pregnancy discrimination; establish a procedure for employeesa to complain about violations of the pregnanch discrimination policy; provide annual anti-discriminationn training to supervisors and managers; submi reports to the EEOC; and post a notice regardin the settlement of the The decree still must be approvee by a judge.
NutriSystek spokeswoman Delphine Carroll said Linenberg and the company agreedc not to comment onthe case. "Ift was resolved to the satisfactiobn of thetwo parties," Carrolkl said.
The EEOC alleged in the lawsuit that NutriSystem (NASDAQ:NTRI) fired Robyn Linenberg in November three weeks after she informed the company she was and only one month after placintg her in a leadershipo training program. Linenberg began working for the Horsham, Pa., weight-loss companuy as a temporary recruiter in its human resources department in 2005 and was madea full-timer employee later that year, the EEOC A consent decree requires NutriSystem to draft a policy prohibitinv pregnancy discrimination; establish a procedure for employeesa to complain about violations of the pregnanch discrimination policy; provide annual anti-discriminationn training to supervisors and managers; submi reports to the EEOC; and post a notice regardin the settlement of the The decree still must be approvee by a judge.
NutriSystek spokeswoman Delphine Carroll said Linenberg and the company agreedc not to comment onthe case. "Ift was resolved to the satisfactiobn of thetwo parties," Carrolkl said.
Wednesday, July 4, 2012
Diamond Quits as Pressure Mounts on Barclays Over Libor - Bloomberg
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Bloomberg | Diamond Quits as Pressure Mounts on Barclays Over Libor Bloomberg Robert Diamond, the architect of Barclays Plc's investment banking expansion, resigned as chief executive officer, succumbing to political pressure to go after the bank admitted to rigging global interest rates. Barclays Notes Suggest Government Pressure on Libor |
Tuesday, July 3, 2012
Pies for Troops Overseas - Syracuse New Times
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Pies for Troops Overseas Syracuse New Times Crust Never SleepsSusann Panek sells her fruit pies at the Regional Market after devising a clever way to ship them overseasBy Sean Philip CotterOn Thanksgiving 2011, Susann Panek%,The News. |
Sunday, July 1, 2012
Bike Walk to Work Day - KSTP.com
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KSTP.com | Bike Walk to Work Day KSTP.com You may see more bicycles on the road today for Bike Walk to Work Day. To get more people to use two wheels instead of four, some metro businesses are offering free food to people who stop by on bikes. Here are your options, courtesy of bikewalkweek ... |
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