Sears

New COVID-19 Preparedness App Fills Interoperability Gaps For Surge Preparedness

Friday, March 27, 2020 - 12:59am

"This is an unprecedented, innovative solution for rapidly building capacity in the face of this growing public health emergency," said Abby Sears, CEO at OCHIN.

Key Points: 
  • "This is an unprecedented, innovative solution for rapidly building capacity in the face of this growing public health emergency," said Abby Sears, CEO at OCHIN.
  • "We applaud the leadership of the state of Washington and the generosity and foresight of Epic as we stand together in this crisis."
  • The COVID-19 Preparedness App was built to help the state of Washington be prepared for a surge in coronavirus patients, and it is also being shared with other states.
  • "A retired nurse, or any other volunteer or staff, with her own smartphone can be up and running in minutes.

U.S. Concrete Board of Directors Nominates Rajan C. Penkar to the Company's Board of Directors

Thursday, March 5, 2020 - 10:42pm

Concrete" or the "Company") announced today that its Board of Directors ("Board") has nominated Rajan C. Penkar for election to join the Company's Board of Directors.

Key Points: 
  • Concrete" or the "Company") announced today that its Board of Directors ("Board") has nominated Rajan C. Penkar for election to join the Company's Board of Directors.
  • Concrete Lead Independent Director of the Board, Michael D. Lundin.
  • From 2011 to 2014, Mr. Penkar served as senior vice president and president, supply chain for Sears Holding Corporation, an integrated retailer.
  • Concrete has continued to grow organically and through a series of strategic acquisitions of independent producers in our target markets.

Can Experiences Save Retail?

Thursday, March 5, 2020 - 7:00pm

Many find it easier to simply click a button and have their purchase come directly to the door.

Key Points: 
  • Many find it easier to simply click a button and have their purchase come directly to the door.
  • With the surge of retail shutdowns (most notably Sears), it can be easy to write off thein-store experience.
  • However, the U.S. Census data proves that "90% of consumers still shop in traditional stores."
  • New York is a pioneer for experimental retail as retail stores invest millions to attract tourists to their stores.

Kelly Services® Adds D. Hugo Malan to Senior Leadership Team; Named President of New STEM Business Unit

Thursday, March 5, 2020 - 12:30pm

With approximately 20 years of wide-ranging business leadership experience, Malan brings a fresh perspective to Kelly as the company accelerates its transformation into a leading specialty talent solutions provider.

Key Points: 
  • With approximately 20 years of wide-ranging business leadership experience, Malan brings a fresh perspective to Kelly as the company accelerates its transformation into a leading specialty talent solutions provider.
  • Malan will have overall responsibility for Kellys Science, Engineering and IT business portfolios and related product offerings while driving strategy and seamless execution of all aspects of the STEM business.
  • We are thrilled to welcome to our team an executive of Hugo Malans caliber, Quigley said.
  • Before that, he was a Senior Vice President and President of operating units for Sears Holdings.

Sears Outlet, American Freight Combine to Create One-Stop-Shop for Your Home

Thursday, February 27, 2020 - 3:11pm

The popular discount appliance store is combining with Ohio-based home furnishings retailer American Freight and rebranding all stores as American Freight Appliance, Furniture, Mattress.

Key Points: 
  • The popular discount appliance store is combining with Ohio-based home furnishings retailer American Freight and rebranding all stores as American Freight Appliance, Furniture, Mattress.
  • By bringing the two popular retail brands together under one brand, nearly 300 American Freight stores around the country will become the perfect one-stop-shop for furniture, mattresses and appliances.
  • Customers can find more information about the transition to the new American Freight Appliance, Furniture, Mattress at www.searsoutlet.com/rebrand and www.americanfreight.com/sears-outlet-rebrand .
  • American Freight offers flexible payment options including free layaway and take it home today for $50 with low, easy payment plans through American First Finance (see www.americanfreight.com/50 for details).

Franchise Group, Inc. Closes on the Acquisition of American Freight Group, Inc.

Friday, February 14, 2020 - 9:30pm

VIRGINIA BEACH, Va., Feb. 14, 2020 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (Franchise Group or the Company), today announced the completion of its previously announced acquisition of American Freight Group, Inc. (American Freight), a retail chain offering brand-name furniture, mattresses and home accessories at discount prices.

Key Points: 
  • VIRGINIA BEACH, Va., Feb. 14, 2020 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (Franchise Group or the Company), today announced the completion of its previously announced acquisition of American Freight Group, Inc. (American Freight), a retail chain offering brand-name furniture, mattresses and home accessories at discount prices.
  • Additionally, Franchise Group, through certain of its subsidiaries, completed a new $675 million credit facility which funded the acquisition of American Freight and refinanced existing debt of its Buddys Home Furnishings and Sears Outlet businesses.
  • Brian Kahn, President & CEO of Franchise Group said, We are excited to welcome American Freight, its management team and employees to the Franchise Group.
  • Franchise Groups business lines include Liberty Tax Service, Buddys Home Furnishings, Sears Outlet, American Freight and The Vitamin Shoppe.

80% of People Prefer Facebook's Old Logo

Thursday, January 16, 2020 - 1:50pm

Not every 2019 logo redesign was met with negativity: 73% of people like Slack's new logo.

Key Points: 
  • Not every 2019 logo redesign was met with negativity: 73% of people like Slack's new logo.
  • Yahoo has had six different logos since 1996, but consumers are split on its 2019 logo redesign: 58% of people prefer Yahoo's old logo.
  • Lord & Taylor is the oldest department store in the U.S., but consumers don't mind the loss of its old logo.
  • About 79% of people prefer the old Sears logo to the redesigned one, though.

Franchise Group, Inc. to Acquire Revolution Financial, Inc.

Tuesday, December 17, 2019 - 1:30pm

VIRGINIA BEACH, Va., Dec. 17, 2019 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (Franchise Group or the Company), today announced it has entered into a definitive purchase agreement to acquire Revolution Financial, Inc. (Revolution), a provider of consumer loans and credit products.

Key Points: 
  • VIRGINIA BEACH, Va., Dec. 17, 2019 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (Franchise Group or the Company), today announced it has entered into a definitive purchase agreement to acquire Revolution Financial, Inc. (Revolution), a provider of consumer loans and credit products.
  • The acquisition of Revolution is intended to accelerate the introduction of additional financial products and services to Liberty Tax customers.
  • Franchise Group, Inc. (NASDAQ: FRG) is an operator of franchised and franchisable businesses that it grows using its operating expertise.
  • Franchise Group owns and operates Liberty Tax Service, Buddys Home Furnishings, Sears Outlet and The Vitamin Shoppe.

Penn National Insurance Executive Leadership Succession Announced: President & CEO Christine Sears Retiring; Exec. VP & COO Robert Brandon Elected President; John Foster Named Senior VP – Insurance Operations

Friday, December 13, 2019 - 6:00pm

Penn National Insurance reported today that president & CEO Christine Sears will transition on Jan. 1 from president & CEO to CEO, and executive VP & COO Robert B. Brandon will become president on that date.

Key Points: 
  • Penn National Insurance reported today that president & CEO Christine Sears will transition on Jan. 1 from president & CEO to CEO, and executive VP & COO Robert B. Brandon will become president on that date.
  • Upon Sears Aug. 31 retirement, Brandon will become president & CEO, and Sears will remain on the companys board of directors.
  • Sears joined Penn National Insurance in 1980 as a financial analyst and progressed through the Financial Division, becoming senior VP & CFO in 1999.
  • Also effective Jan. 1, John Foster, vice president Underwriting Operations, has been named senior VP Insurance Operations, with the following areas reporting to him:

Franchise Group, Inc. Announces Approval of a Quarterly Dividend

Monday, November 25, 2019 - 11:30am

VIRGINIA BEACH, Va., Nov. 25, 2019 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (Franchise Group or the Company) today announced that its Board of Directors approved a quarterly dividend to stockholders of $0.25 per share.

Key Points: 
  • VIRGINIA BEACH, Va., Nov. 25, 2019 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (Franchise Group or the Company) today announced that its Board of Directors approved a quarterly dividend to stockholders of $0.25 per share.
  • The initiation of a quarterly dividend is consistent with Franchise Groups stated objective of regularly distributing a material portion of its excess cash flow, said Brian Kahn, the Companys Chief Executive Officer.
  • Franchise Group, Inc. (NASDAQ: FRG) is an operator and acquiror of franchised and franchisable businesses that it can scale using its operating expertise.
  • Franchise Group owns and operates Liberty Tax Service, Buddys Home Furnishings and the Sears Outlet business.