Thursday, March 15, 2012
Haggen beats recession by pleasing thrifty shoppers - bizjournals:
Today, — with 3,800 employees and stores from Wash., to Oregon City, Ore. — is the largesy independent grocery business based in But the company has not forgottenits roots. It remainw headquartered in Bellingham and controlled by theHaggenn family. Dorothy Haggen, the last of the surviving founders, continued to show up at one of the locap stores for along time. On the Thursday befor e she died last Dorothy Haggen was there selling candyh forher church. Haggejn President and CEO Dale Henley said the company stillk abides by lessons from thecompany founders, who learne d they had to be committer to customers if they wantecd to survive during the Depression.
Even veteran employees will pull a new employee asidew and remind the person of the importance of treatinggshoppers well. “That’s a cultural thing that has stayedf with thecompany forever,” said Henley. “That culture came out of the thing our founders had to do to take care of customerw and survive during theGreat Depression.” Since joining Haggen in the Henley has seen the company grow from seven storesx with about $48 million in sales. Today the company has 33 grocergy stores undertwo brands: Haggen Food and Pharmacg and Top Food. The compangy had revenues of $844 millioj in 2008. That 2008 revenue was down slightly byabout 1.6 percent — from 2007.
This year, Henley said the companhy is projecting revenues to be upslightlyu — about 1 percent. Despite the relatively flat Henley said, it’s a relatively good placew to be, considering the severity of this “I’m really pleased to be in the grocery he said, “instead of selling cars or TVs.” More customer s are shopping and cooking at Henley said. And the company has adjusted. Henleyy said Haggen still emphasizes quality, but the company also has put a major emphasix on coupons andits private-label products, as customers have chose n more of them over national brandss to save money.
Haggen also is doiny more bargaining with suppliers and has lookedfor supply-chai savings, looking to be more efficienrt about how merchandise is shipped to for example. “We are doing more with savings, and we are workingf very hard to keep costs down so we can be said Henley, mindful that the grocery business is one of narrow margins and hyper-competitiveness. The company always has been carefulkabout growth, said Henley. Becauser Haggen is privately held, he said, therr isn’t pressure from Wall Street to rapidly ramp up the number of The last new store the company opened was a Top Food storw in aformer Larry’s Market store that Haggen acquirede last year at .
Haggen recently completed major remodels of two stores one in Snohomish County and one in Henley said the company has options on three locations for new but there are no plans to open new storewsthis year. “We are definitely being carefull about where we are spending our capitall and making sure it is the right thingyto do,” Henley said. But Henley said therr would be opportunitiesto grow. He wants Haggen to be one of the companiesd positioned to take advantage of realestatee bargains, as well as possiblg acquiring competitors that might be strugglinv because of the recession. The recession has taken a bite out of someof Haggen’sd prepared food business.
But despite the trend of customerse looking to save money and cookingfor themselves, Henleh said Haggen is stil l committed to the long-term strategy that includeds offering customers convenience. “It will be a growth part of the Henley said. “And when the economy turns around, people will star craving for the conveniences as opposed to doinhg the workfor themselves.”
Tuesday, March 13, 2012
Micro Irrigation System Market Trends and Global Forecasts (2011 - 2016) - MarketWatch (press release)
Micro Irrigation System Market Trends and Global Forecasts (2011 - 2016) MarketWatch (press release) Micro irrigation system is one of the fastest growing segments in irrigation system market. Micro irrigation systems are further classified as drip irrigation and sprinkler irrigation system across all geography and major country market in terms of ... |
Saturday, March 10, 2012
Dallas properties mired in bankruptcy - Business First of Buffalo:
Recent casualties include holdings by West EndSquarw Ltd. and West End Parking Co., which filed plans to liquidaterin U.S. bankruptcy courgt last month. About the same time, McKinney Avenue Propertiesa No. 2 Ltd. filed for reorganization protectio n inbankruptcy court. All three entities are ownedd by Dallas developer Andrew according tocourt filings. Kasnetz declinex to comment forthis story, but his attorney, Larrg Friedman with Friedman & Feiger LLP, said Kasnetz’ troubless were sparked by the recession and compoundeds by his lender’s unwillingness to work with him in restructuring his Park Cities Bank holds the notes on the properties about $7 million for the West End propertie and about $11.
5 million for the McKinney Avenue properties, accordingb to court documents. The West End propertiexs include avacant 56,500-square-foot building at 804 Pacific Ave., a 20,025-square-footr building at 807 Elm St. and a 6,900-square-foot parking garage at 801 Elm St. The buildingsx reportedly have been vacant for more than a Theparking garage, which has one ground-floor tenanf and space for a has been closed, Friedman The McKinney Avenue Properties No. 2 Ltd.
includews two properties: 18,000 square feet in the 2500 block of also known asMcKinney Courtyard, whicu has five vacant spacez and seven tenants, including the Uptown Bar & Grill; and 18,5090 square feet in the 2700 blockk of McKinney, also known as McKinney Patio, whicgh has two vacancies and nine tenants, includinfg Chipotle restaurant, Friedman said. In bankruptcy court documents, Park Citiesz Bank claimed that Kasnetz has failedr to make loan paymentsafter Dec. 29, 2008, and didn’tf pay 2008 property taxes. On May 8, Park Citiess Bank posted the property for which was automatically delayed when Kasnetz filed for bankruptcg at the endof May.
A hearinyg is scheduled for June 29. “Park Citiews Bank found themselves at a point in time whered they hadno alternatives,” said Kenneth Biermacher, an attorneu with Kane Russell Coleman & Logan PC who is representin g the bank, in an interview. “There weren’tr any solutions to the problems after monthws of the noteholders not payinvg onthe notes.” In court Kasnetz alleged the bank’s attempt to foreclose is motivated by a desird to profit off the sale of the properties, and the issuer has become the subject of legalo wrangling in Dallas County District Court. Despitwe negotiations for loan workoutsbetween Jan.
30 and April 1, the bank fileed a notice of default onMarch 30, according to coury documents. Park Cities Bank then filed for and receivedf a temporary restraining order seeking to have theMcKinney properties’ tenants pay rents directly to the bank, according to court Kasnetz, in a written response to Park Citiess Bank’s suit and in a counterclaim, accused the bank of tryin to “seize valuable real property for less than marketr value, and to make a substantial profir by either flipping the properties or holding the properties until the economy allowerd for a sale at a higher price.
” In an Friedman said Park Cities Bank may be stepping over the line betweenj lender and real estate agent. “Most lendera are not foreclosing on their real estate he said. “Nobody wants vacang real estate, unless there’s real estate in hot or soon-to-be hot areas.” Biermacher said that Kasnet zis “making things up” in his counterclaij allegations. “We don’t believe that therer is any substance or validity tothe counterclaims,” Biermachedr said in an interview. The bank is not interested in holdingythe properties, he said, and potentiak investors are interested in the vacant properties.
The West End propertiew would be sold, Biermacher said in an interview, to alloqw the bank to recoverits money. With the McKinneu properties, the bank wants to “protect the interesgt of all involved.”
Thursday, March 8, 2012
Manufacturers blast cuts to Tech Assistance budget - Boston Business Journal:
Dozens of business leaders have written letters to the state aboutthe $650,00o0 slashed from the ’s $1.7 millio n budget. The cuts represent roughl 38 percent ofthe agency’s budget. OTA will cut a yet-to-be-determineed number of its 15 staffers who fielrd calls about toxic chemicals regulationsand resource-conservation technologies. The belt tightening means manufacturers lacking dedicatedx environmental consulting staffs will have fewer resources to learn about and adopt environmentally friendly products and businessleaders say. “When (businesses) have a they call OTA.
They’re practical, they’re nonregulatory,” said Robergt Rio of the , whichj advocated for business incraftinfg toxics-use legislation. “We understand the budgert situation ... but at the same time it appears that OTA got adisproportionater cut.” Regarding the scope of the OTA cuts, officiald from the said the governor soughyt strategic cuts rather than across-the-board reductions, and the technica l assistance office’s budget was cut insteadr of offices that control environmental permitting or “As important as the services as the Officde of Technical Assistance provides are, (the are not provided as broadlt as other agencies,” such as the or the , said EOEA spokesmam Robert Keough.
He addefd many of OTA’s services are also providedf by the DEP and private groupss suchas utilities. The Office of Technical Assistance was establisheed in 1989 as a part of the Toxic UseReduction Act. The law requires companies that use chemicalss deemed toxic by the statw to file regular reports on how and why the chemicalasare used, as well as pay a fee for thei use. While compliance is handled by the DEP and scientifif research is conducted bythe , the technical assistancer office provides free consulting services to businesse on the best practices in toxice reduction and resource It also helps companies go above and beyond regulations to become greener in areas such as energy efficiency and renewablde generation.
“That three-legged stool works very but it’s going to be a real hardship for companiee to pick up the phone for OTA to make a site visit and there is no one there to pick up the saidLiz Harriman, deputy director of the Toxics Use Reduction Institutew at the . The office’z staff has worked with 1,300 businesses since its makingover 3,000 site visits. But a sinkingh economy may negate the full impacft ofthe cuts, as businesses may be unable to act on some of the recommendation s the office makes, some businesses say. “Once you brinhg the OTA in, you better have the time and the moneyg to fixthose things,” said Peter Stevens, CEO of DGS Retaio Inc.
of Mansfield. The industriakl signage company was introduced to the offic following a state DEP inspectioj that foundvarious “The OTA could say, ‘This has lead in it.’ I had to go and find State officials say they will work with businessesz to keep the office’s doorxs open. “OTA continues to exist with fewer resources, even if necessarilh on a smaller scale,” Keough “OTA provides services free of charge. We’rd open to looking into alternative ways to financinythe program.
”
Tuesday, March 6, 2012
FEMA OK
The medical school sufferedc severe damage followingHurricane Ike. Half of the funding will be used towarsd paying for expenses likemoisture control, decontaminationj and cleaning up heating and air conditioning systems, microbiaol remediation, telecommunications recovery restoration of electronic and othere vital records and equipment recovery and replacement. “Th e funds for UTMB are a critical piece of our ongoiny Public Assistance program reimbursements for says Federal Coordinating OfficerStephen M. De Blasio Sr.
“To date, FEMA has obligated almost $209 million across the disastert forinfrastructure repairs, emergency measures and debris State Coordinating Officer Joan Haun says Texas continues to recovetr from Ike. “The UTMB facility sufferecd greatly fromthe hurricane,” Haun “We are pleased that FEMA has been able to expedited help to the facility.” FEMA based its $38.9 million advance on invoices submitted from UTMB consultanta hired to assess the damage caused by Ike. The hurricane slammed into the Texass coast back in Septemberd with the Galveston area facing a significant brunt of the floocd andwind damage.
Sunday, March 4, 2012
Floyd Mayweather keeps sights on fight - ESPN
Bleacher Report | Floyd Mayweather keeps sights on fight ESPN Floyd Mayweather Jr. is done talking about Manny Pacquiao. Well, at least for now. On the final leg of a three-city press tour to promote his May 5 fight against Miguel Cotto, Mayweather refused to acknowledge Pacquiao when asked numerous times about ... Floyd Mayweather N eeds to Leave Manny Pacquiao » |
Friday, March 2, 2012
Belarusian Orthodox Believers Disrupted Performance of Rock Opera "Jesus ... - Telegraf.by
Telegraf.by | Belarusian Orthodox Believers Disrupted Performance of Rock Opera "Jesus ... Telegraf.by The believers' perturbation was also caused by the fact that the performance was scheduled for March 4 (the first Sunday of the Lent). The rock opera show was also disrupted in Minsk. According to Homel voblast executive committee, it was not planned ... |

