Goody’s to close 69 of its stores knoxville news sentinel 1979:Bob goodfriend becomes president, ceo 1987:Goody’s reaches annual sales of $160 million and 1, 600 employees 1989:Relocates corporate headquarters to knoxville, moving into $20 million offices and distribution center on louis vuitton outlet parkside drive near lovell road and interstates 40/75 1991:Becomes publicly traded company, listed on nasdaq stock market 1994:Bob goodfriend ousted from company by goody’s board in management shake up 1995:Bob goodfriend resumes control of company after suing to stop ouster 2005:Goody’s sold to new york based gf acquisition corp., an affiliate of Prentice Capital Management LP and GMM Capital LLC for $327 million and returns to private ownership Editor’s note:The story has been edited ralph lauren polo pas cher to reflect the correct number of stores that will be closed by the end of the year Less than three years after knoxville based goody’s family clothing was sold and became a privately held company, the apparel retailer has filed for chapter 11 bankruptcy. A casualty of a weakened economy that has seen consumers grappling with higher grocery and gasoline costs, goody’s plans to close almost a quarter of its 355 stores in the south and midwest by the end of the year, as well as an arkansas distribution center and a new york office.District court in delaware where the company is incorporated, will mark ralph lauren polo uomo a fresh start for the discount apparel retail chain that will become a smaller but more stable company, ceo paul white said. Chapter 11 protection allows a company to continue to operate and maintain business as usual while it develops a plan to restructure its debt and reorganize its operations. “While goody’s has a very successful 55 year heritage and we serve an important market niche, we have recently faced considerable challenges,”White said in a statement. “Having been in retail for over 30 years, i am excited by the potential at goody’s and believe that by taking the right actions now, this business can move forward efficiently. ” In an open letter to customers on the company’s web site, white emphasized the company was not closing or liquidating but rather starting a process that would allow goody’s to”Emerge a strong company better positioned to reach our full potential. ” “It is important for you to understand that goody’s is not going out of business.While we expect the majority of our stores will remain open and will continue to operate without interruption, we plan to close some locations over the coming weeks,”White said. Goody’s bankruptcy follows a chapter 11 filing last month by bedding and home furnishing retailer linen n’ things, whose parent company apollo took it private in 2006 for $1.3 billion.In february, electronics gadgets retailer sharper image filed for reorganization under chapter 11. Since the $327 million sale of the company to majority owner prentice capital management from the founding goodfriend family, the retailer of moderately priced apparel has been undergoing an organizational restructuring to become more cost effective and to help it achieve ralph lauren polo shirts 2008 financial goals. The company’s top executives were optimistic about a turnaround and there was even talk of becoming a publicly traded company again.Last fall, goody’s introduced an exclusive celebrity clothing line from ashley judd, with plans to cheap christian louboutin australia add oshkosh and carter’s to its children’s brands, as well as ralph lauren’s chaps this year. Sales in 2006 were $1.4 billion but the company has struggled with sales declines in recent months.The company laid off 5 percent of employees at its knoxville headquarters in late january and ceo charles turlinski resigned after a year on the job. The company said monday that it had identified 69 stores to shutter but it wasn’t clear how many of its 10, 000 employees would be affected.Goody’s stores typically employ between 20 and 30 people. “The decision to close a large number of stores and further consolidate operations was a difficult one and we regret the impact that this will have on some of our employees.However, we believe these are necessary steps as we work to improve the business and return to profitability,”White said. It only makes sense for a cash strapped company to take a look at closing stores, restructuring its staff and evaluating its inventory mix, said cole piper, executive in residence for the retail and consumer science department at the university of tennessee. Retail industry is tough even when the economy is good, said piper, who retired from proffitt’s in 1999 after 30 years with the department store chain. A financially troubled company can sometimes”Sell your way out of a problem,”But piper said when people are looking at $4 a gallon for gas the situation is compounded. “Consumer confidence is not that strong right now.Unfortunately, retail, in a lot of cases, is not in that discretionary mix,”He said. Despite the highly competitive retail landscape with stores like kohl’s, target and wal mart, piper said he expected goody’s to recover because it will be more focused. That’s one reason, he said, none of the stores in knoxville have been targeted for closure. “The company was started here and its customers know goody’s.They want to protect that base,”He said. A total of 103 stores, including the 69 targeted as part of the reorganization, were operating at a loss and will close by the end of the year.Goody’s said many of them were not well aligned with its business strategy because they were too large and not in its targeted small to midsize markets.
General mills is cutting 850 jobs
When the general hurts, the sergeants and privates suffer.Mike hughlett and patrick kennedy of the strib report on general mills’ job cuts: “Grappling with high ingredient costs and tepid consumer demand, general mills tuesday announced corporate restructuring plans that will eliminate 850 jobs worldwide, about half of them in the twin cities.
The majority of general mills employees in the twin cities work at the company’s sprawling campus in golden valley.Company spokeswoman kirstie foster said that ‘administrative and support’ positions would be most affected by the layoffs.The layoffs come as general mills, like many packaged food cheap louis vuitton makers, has struggled with high commodity costs and weaker sales growth.In february, general mills lowered its current fiscal year profit outlook due to flagging sales.And consumers have continued to show resistance to price increases passed down by food makers. “Have you seen the cost of a box of cheerios lately?
The state department of education has released its first rating of schools in the post nclb era.The ap story says: “Nearly half of minnesota’s 2, 255 schools failed to meet the no child left behind benchmarks in 2010.Many of them faced potential penalties that included forced staffing changes and expensive requirements to provide free after school tutoring or busing to better schools.Education commissioner brenda cassellius said the new system is a fairer and more accurate way to hold schools accountable.Minnesota’s new multiple measurement ratings approach looks at four categories:Academic proficiency, student growth, progress in closing achievement gaps, and graduation rates.The new system evaluates only the performance of title i schools those where at least 40 percent of students qualify for free or reduced priced lunches, a common measurement of poverty.The highest performing 15 percent of title i schools in the state, or 127, were named ‘reward schools.’ The 10 percent of Title I schools doing the poorest on Minnesota’s achievement gap, 85 in all, were designated ‘focus schools.’ And the bottom 5 percent of the most persistently underperforming Title I schools, 42 in all, were designated ‘priority schools.’”
At the pipress, christopher magan and maryjo webster write: “Principal barbara kearn has exciting news about student achievement to deliver to willow lane elementary teachers at their morning staff meeting in white bear lake.The school of more than 300 students began the week on the list of minnesota schools not making ‘adequate yearly progress’ toward math and reading standards, cheap michael kors putting it at risk of being labeled failing under the federal no child left behind law.Willow lane’s designation changed tuesday.When the state department of education unveiled multiple measurement ratings, the state’s new way of grading schools.Under the new measures, willow lane is a school state education officials say should be emulated.’I think their jaws will drop open.’ Kearn said of the reaction she anticipates from her teachers.Willow lane is an example of why critics said the federal law was so flawed that minnesota and 25 other states received waivers to write their own evaluation systems. ”
At the strib, kim mcguire and steve brandt file on the new standings, saying: “There could be some surprises in the new ratings.Some schools that performed poorly enough to win federal school improvement grants will do better when more factors are considered, kramer said.Meanwhile, wealthier schools that traditionally post high test scores may not look as good on the comparison of how much improvement their students are making year to year, said david heistad, research director for minneapolis schools.’There are some schools we’re seeing in the data that are going to be pretty alarmed, ‘ Kramer said, referring to some high testing schools that score low on the added measures.Minneapolis research specialist chris moore said that the old method of rating school performance mainly on test scores created a focus on ‘bubble kids, ‘ those just above or below testing proficient.But measuring growth makes every student’s progress count more, he said. ”
Frankly, i wasn’t aware”Campaign season”Ever stopped.Bill salisbury’s pipress story on”Filing day”Says: “After signing an affidavit of candidacy and plunking down a $100 check at the secretary of state’s office, state sen.John howe pronounced, ‘the campaign season starts right prom dresses on sale now.’ At least political wannabes could become official candidates starting Tuesday.When the filing period for more than 1, 000 federal, state and local offices opened in minnesota.June 5.The second and third people in line at the state office building were a pair of congressional candidates:Republican state sen.Rep.Rick nolan of crosby, a democrat campaigning in the 8th district.Nolan was lucky parry was there. He had to borrow theRepublican’s reading glasses to fill out his filing forms. ”
Tim post of mpr revisits a story that played briefly last winter.He writes: “On the front lines are school counselors, whose jobs is to help students with problems before a crisis occurs.But that’s difficult in minnesota, which has one of the largest ratios of students to school counselors in the nation and a shortage of community counselors who treat children.According to the minnesota association of school counselors, the average ratio of students to counselors in the state is about 800 to 1.’Minnesota is second to last in cheap ralph lauren shirts the nation as far as the ratio goes, ‘ said Kay Hertling Wahl, a professor of counseling at the University of Minnesota.The lopsided student to counselor ratio makes it difficult for counselors to be effective in dealing with things like depression, addiction or bullying, herting wahl said. ”
I love a good list.This one says we’re dang bike friendly.Frederick melo at the pipress reports: “The league of american bicyclists announced tuesday.That minnesota ranks as the second most bicycle friendly state in the nation.That’s an improvement from 2010 and 2011, when the state came in no.4.It held fifth place for two years prior.An announcement about the announcement was circulated by the minnesota department of transportation, which helped earn the state high marks on the league’s ‘score card’ because of its bike friendly programs and policies.The league wrote in the score card:’From the Mississippi River Trail bikeway and DOT’s supportive policies, to Nice Ride bike sharing and the Blue Skunk Polo Club Minnesota loves bicycles.’ The Minnesota Department of Natural Resources manages more than 600 miles of paved bicycle trails and adds about 10 miles per year, making the state the ‘Best Trails State’ in the nation, according to the league. ”
Well, someone has to put their name on it eric roper of the strib writes: “Minneapolis’ city attorney susan segal has put in writing her argument why the city does not have to hold a referendum on the vikings stadium, despite a requirement in the city’s charter.Segal’s formal opinion is moot in some senses, since the final stadium legislation includes a provision to override the city’s charter.But segal said she wrote it as though that provision was not included.The referendum requirement has long been the glue holding together stadium opponents on the minneapolis city council.In her opinion, segal argues that the relevant suite of stadium taxes citywide sales tax, downtown restaurant and liquor taxes, and a hotel tax are not a”City resource”Since the city cannot control the revenues.Others, like state rep.Diane loeffler and council member gary schiff, dispute that assertion. “They could seriously shorten the city charter by just culling out everything than can be overriden when deemed inconvenient.
Wait a minute pennsylvania?Our man denny has been moved again.Says dee depass in the strib: “In a case reminiscent of ‘follow the bouncing ball, ‘ imprisoned auto dealer denny hecker has been moved yet again, this time from a holdover prison in christian louboutin sale oklahoma to a prison about 145 miles north of philadelphia.Penitentiary in canaan, penn.The prison has a satellite minimum security prison camp, and it is believed that is where hecker is being held.The move marks the sixth prison for hecker since he was first arrested in october 2010.It is his fifth prison in four months. “Denny should write a travel book.
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buurt, genaamd Veebot, die in de toekomst het bloed prikken grotendeels moet gaan automatiseren en de verpleegkundige moet ondersteunen bij het proces. Het idee is dat hierdoor bij het proces minder fout gaat, patiënten minder kans op schade hebben en de bijbehorende kosten daarmee dalen. Wat het apparaat zelf zou moeten gaan kosten is nog niet duidelijk. Het bedrijfje zelf, Veebot LCC, presenteert zijn ideeën wel op hun website maar treedt niet in details: http://www.veebot.com/ IEEE Spectrum recent report: Hier is een Engelstalige video van PandoList over Veebot, van mei 2012: Meer nieuws hierover: Nu.nl
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Hier is een interessante, nieuwe, robotische doktersassistente: Het ARTAS™ Systeem. De Amerikaanse FDA gaf het systeem recent vrij om te gaan gebruiken (lees meer). Volgens het bedrijf dat de robot uitvond en produceert, Restoration Robotics, helpt ARTAS bij iets dat ‘hair follicle harvesting’ heet, ‘het oogsten van
haarfollikels’.De procedure is als volgt. De client neemt plaats op de Artas stoel waarna eerst zijn haar wordt gemillimeterd. Vervolgens worden met behulp van een robotische arm, die onder andere is voorzien van een camera, kleine dermal punches uitgevoerd waarbij individuele haarfollikels worden geoogst. Dit gebeurt onder controle van een dokter. De haarfollikels worden later handmatig getransplanteerd, waarna ze weer nieuwe haren zullen gaan produceren op een eerst kale plek. Hier is een paper (PDF) in de Dermatology Times waarin de resultaten van tests met een prototype worden gerapporteerd. Blijkbaar waren na de procedure geen hechtingen of verbanden nodig, is het minder invasief en levert het gebruik van ARTAS tijdwinst op ten opzichte van andere haartransplantatietechnieken, zoals strip harvesting waar een strook met haar getransplanteerd wordt naar een kale plek. (Hoewel dit vergelijk eigenlijk appels met peren vergelijken is. Een vergelijk tussen ARTAS en andere methodes waarbij individuele haarfollikels getransplanteerd worden is relevanter, zie bijvoorbeeld hier of hier). Het bedrijf verwacht snelheden te kunnen Jeux d’eau gaan halen van 750 tot 1.000 folliculaire eenheden per uur.