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Here's the news for the week of October 8, 2008. |
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1. OneCoast Forms Third National Sales Division 2. Dicksons Names Vandivier Prez, CEO 3. Circle Peak to Invest in Luxury Paper Company 4. EBay Lays Off 1,000; Buys Bill Me Later 5. Big Retailers Laying Off in Time for Christmas 6. Obituary: Robert Gartlan, CEO and Sports Enthusiast 7. Your 2 Cents Worth |
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| OneCoast Forms Third National Sales Division Pittsburgh, PA — National sales and marketing company OneCoast formed a third sales division, called National Division 2 (ND2), to sell vendor lines on a national basis. <<Click to Continue>> |
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Dicksons Names Vandivier Prez, CEO Seymour, IN — Jim Potts plans to step down as President and CEO of inspirational gift vendor Dicksons Inc. effective December 31. Steve Vandivier will assume the position of president and CEO. <<Click to Continue>> |
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| Circle Peak to Invest in Luxury Paper Company New York — Circle Peak Capital, a private investment firm, took a minority interest in luxury paper goods company, Mrs. John L. Strong. <<Click to Continue>> |
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EBay Lays Off 1,000; Buys Bill Me Later San Jose, CA — Online auction site EBay Inc. will cut about 1,000 employees, or about 10 percent of its work force; it will eliminate about 600 temps and reduce open positions as well. eBay is acquiring Bill Me Later, an online payment firm, for $820 million in cash and $125 million in outstanding options. <<Click to Continue>> |
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| Big Retailers Laying Off in Time for Christmas New York — Retailers are expected to lay off staff heading into the holiday season for the first time in at least five years.<<Click to Continue>> |
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| Obituary: Robert Gartlan, CEO and Sports Enthusiast edford Lakes, NJ — Robert H. Gartlan passed away on September 28 at home in Medford Lakes at the age of 60. Gartlan served as CEO of Gartlan USA Inc., a sports and entertainment collectibles company, for 23 years.<<Click to Continue>> |
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| Your 2 Cents Worth Ouch! Almost 88 percent of respondents to last week’s poll expect the current economic crisis to hurt their business. Another almost 8 percent say it won’t make any difference to their business, and a contrarian 5 percent expect the crisis to actually help. Not a single voter said “what economic crisis?” and interestingly, no voters said they expected the bailout to save their bacon, either. To vote in this week's poll, visit www.giftsanddec.com. For more hot topics, visit www.giftsanddec.com to vote in this week’s poll. To comment on polls, poll results or to suggest a poll question contact mschwartz@reedbusiness.com. |
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| For daily news updates visit www.GiftsandDec.com. That's all for now. We'll be with you again next week - Meredith Schwartz, Business Editor |
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| To ensure our emails reach your inbox, add GDA_Direct@email.giftsanddec.com to your address book. UPDATE SETTINGS QUESTIONS PRIVACY POLICY: Click Here NEW SUBSCRIPTIONS To order a PRINT MAGAZINE subscription to Gifts & Decorative Accessories Click Here Copyright 2008 Reed Business Information. All rights reserved. |
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