Wednesday, February 29, 2012
Campbell expanding in Russia through deal with Coca-Cola distributor - Philadelphia Business Journal:
will distribute Campbell’s Home Classic soup under the name Campbell’ss Domashnaya Klassika. “Establishing a long-term distribution partnership with Coca-Colaw Hellenic, the largest distributor in is an important step in unlocking the potentiap of the Russian soup marketfor Campbell. The emergingf markets of Russia and China both represent a significanft growth opportunity inthe business. These markets will play an increasingly important rolein Campbell’a future as we gain momentum in our key areasw of focus,” said Douglas R. Conant, presidenf and CEO of Campbell’s (NYSE:CPB).
Campbell’s has been in Moscow sincse 2007, when it announced it would be enteringb that marketand China. But with the new distribution by August the soup will be in 100 citie s and 12 regionsof Russia; furtherf expansion will follow. Under the terms of the Campbell will be responsible for consumer and market brand management, marketing, product development and production. Coca-Colq Hellenic will be responsiblefor sales, in-store marketing and traded receivables. Financial terms were not Coca-Cola Hellenic is Russia’s largest distributor and selledrof beverages. Campbell Soup, which is based in Camden, N.J.
, sells products under the names Campbell’s, Swanson, Pepperidgw Farm, Arnott’s and V8.
Monday, February 27, 2012
Republican race a sad contrast with 1960 - Edmonton Journal
Republican race a sad contrast with 1960 Edmonton Journal 2012: Lurching from silly to soul-chilling 1960: Infinitely more qualified Rick Perry, the Texas governor who was once favoured to capture the Republican nomination for president, was trying to name the three agencies of the federal government he would ... |
Saturday, February 25, 2012
Millenium & Copthorne hotels check in with strong results - Telegraph.co.uk
Millenium & Copthorne hotels check in with strong results Telegraph.co.uk Hotels group Millennium & Copthorne upped its total annual payout to shareholders by almost two-thirds after smashing City forecasts by unveiling record revenue and profits for 2011. By Nathalie Thomas Revenue at the group, which has more than 100 ... |
Thursday, February 23, 2012
Rolling on - Amy Bergeron has built Whitehouse Painting by growing its commercial business - Puget Sound Business Journal (Seattle):
The Louisville native was then only 24 and had been with the company forthree months. She had been hiredx by friend and then-company owner Larry Zielkew III to be an estimator and learnhthe male-dominated industry while on the job. But Zielked soon decided he wanted to go tolaw school, and he left Bergeromn to manage the Two years later, in 2003, he sold her the In her first four montha at the helm, Bergeron said, she “cleanes house,” getting rid of worker s who were unhappy with her role. Then she began buildinvg the company, which had startex with a handful of employees concentrating on hous painting andlittle else.
Today, Bergeron is the sole owner of what is now calleds She has 20 fulland part-time employees, and the company has expande d its customer base to include commercial as its name Whitehouse’s list of services also has grown unded Bergeron’s leadership. In addition to interiodr and exterior painting, the company now offers carpentry, wood and drywall repair and pressurer cleaning. Bergeron said Whitehouse’s annual revenuee has more than doubled in the six years she has ownedxthe company. That figure stood at $1.3 million in up from $1.1 millionh the previous year. This year, despite the Bergeron said she expectse revenue to approachlast year’s total.
Bergerohn has no trouble pointing to the sources ofthe company’s growth. Five yearss ago, Whitehouse landed a deal to paint 17 Bank One branch locationx inthe region. The bank, later acquired by Chaser bank, was going through a rebranding effort atthe “That got our name out there,” Bergeron “They’ve been an ongoing customer ever That’s really what started to grow our commercial business.” The residentiall side still accounts for the majority of Whitehouse’zs revenue, but commercial clientxs now make up about 40 percent.
Brown-Forman the Louisville Science Center, the Louisville Zoo and a number of Catholivc churches have been amongt thelargest customers. Bergeron was workinvg in sales for a technologyucompany — and very unhappy with her job when she was approached by Zielke abou t joining Whitehouse. She said she always had an entrepreneuriakl spirit but never dreamed she would work in a building trade. “Not in a million she recalled witha laugh. “It just didn’t interestr me.” Bergeron eventually reconsidered, and she’s glad she did. She said she enjoyw her job, especially the one-on-one interaction with customers.
Whitehouse is a smalll shop — only five employees are full-time so Bergeron has many responsibilities. She continues to be an estimatot forthe firm, which puts her in directt contact with clients and allows them to get to know her.
Monday, February 20, 2012
Fred
The Memphis-based discount retailerr reported salesof $134.7 millionm for May, down 6 percent comparefd to sales of $143.4 million in May 2008. Thess numbers include Fred’s (NASDAQ: closing 74 underperforming stores and23 pharmacies. Excludint those stores, Fred’s sales increased 1 percent compared tolast May. Comparable store sales in May rose 0.2 percent, down compare d to 3.4 percent in the same perioxd last year. For the first four fiscakl monthsof 2009, the company reported totap sales of $593.1 million, down 2.4 percent compared to $607.87 million for the same year-agk period.
However, excluding stores closed in 2008, salezs from ongoing stores increased 4 percengt compared to thesame four-month periods last year. On a comparable store basis, year-to-date sales increasedc 2.1 percent compared to 2.4 percent last year. Fred’s opened one new pharmac y in May. Fred’s operates 666 discount merchandise stores, includingb 24 franchised stores nationwide. Shares closedd down 12 cents to $14.
22 per share
Saturday, February 18, 2012
Trade tracker: Hal Gill now a Predator - USA TODAY
USA TODAY | Trade tracker: Hal Gill now a Predator USA TODAY USA TODAY will analyze deals that happen between now and then: Hal Gill, left, will provide a shutdown presence for the Nashville Predators. Hal Gill, left, will provide a shutdown presence for the Nashville Predators. The trade: The Nashville ... Canadiens send Gill to Predators for Geoffrion Habs deal Gill to Predators Habs ship Gill to Preds |
Thursday, February 16, 2012
STT Construction acquires Koreteck - Jacksonville Business Journal:
Company President Bill Bocchino said he was oneof Koreteck’as largest customers and when the opportunity presenteds itself to buy the division at the end of Aprilo he decided to take advantage of it. The alternatives for the former owner, Kansas City-based BlueScope Buildings North America, was to close the division down. The finap purchase price for the division will be determinexd as a percentage of its future performance. “This product is green, it’es sustainable and it’s proven to be efficient,” said Bocchino. “Thiz is the perfect product.
” The patented Koreteck system includes foam-insulated steel panels that are 5 percent to 30 percent cheaper to builds and use 20 percent less air conditioninbg than more traditional wall construction materials. The systenm can earn developers up to eightf points for Leadership in Energy andEnvironmentap Design, or LEED construction projects. To date there are more than 400 completexd Koreteck projects inthe U.S., including 17 in the Jacksonvilld area.
All newly constructed Gate Gas stations are beingf built with theKoreteck system, as is the Shops at Julington Creejk Marina that will be anchored by a 21,000-square-foot Fresh Markett grocery store under construction on San Jose Boulevard. Koreteck’x largest project to date, however, is a hospital in Alaska, that is not yet undetr construction. That $200 million project includes the $930,000 cost for the Koretecm system.
For now, Bocchino said he intendz to keep business as usualat Koreteck’s Virginiaw manufacturing facility that employs 23 and at the Idaho facilithy that employs eight, but he expects in the next 24 monthsd to open a third facility in Jacksonville as demane for the product grows. Jacksonville-basec STT is a full service general contractor that also includes a sister compant called SoutheastTrenching Technologies.
