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Maple Leaf Foods tightens losses with 64 per cent drop in restructuring costs

2015-07-31 01:59:17| Food - Topix.net

Maple Leaf Foods Inc. narrowed its loss in the most recent quarter as restructuring costs for its business were reduced by 64 per cent. The Toronto-based meat processor reported losses from continuing operations dropped to $7.5 million in the second quarter from $39.5 million in the same period last year.

Tags: costs drop cent losses

 

Wave Systems Initiates Major Corporate Restructuring to Substantially ...

2015-07-29 09:19:51| Semiconductors - Topix.net

Wave's restructuring involves immediate steps to reduce the Company's global workforce by approximately 60% from 133 full time employees and contractors to a core team of approximately 54 employees spread across all functional areas. This core team was specifically selected to maintain critical competencies in all strategic technical, sales and administrative functions.

Tags: systems major corporate wave

 
 

Toms River Pathmark To Close In Supermarket Chain's Restructuring

2015-07-20 21:57:40| Grocery - Topix.net

Shoppers who frequent the Pathmark in the Home Depot shopping center in Toms River will have to find a new place to buy their groceries, after the Great Atlantic & Pacific Tea Co., better known as A&P, filed for Chapter 11 bankruptcy protection Monday, according to a report. The Philadelphia Inquirer reported the chain, which operates 296 supermarkets under the banners Pathmark, Super Fresh, Food Basics, A&P, Best Cellars, Food Emporium, and Waldbaum's, will shutter 25 unprofitable stores in the coming months, and the Pathmark at 1256 Indian Head Road in Toms River is on the list.

Tags: close river chains restructuring

 

American Apparel Could Seek Cash for Restructuring

2015-07-06 17:13:52| Apparel - Topix.net

The company, which is being sued by founder and former CEO Dov Charney, said its plan aims to cut costs by about $30 million over the next 18 months by cutting jobs and closing stores.

Tags: american cash apparel seek

 

American Apparel warns may need more capital for restructuring

2015-07-06 16:08:59| Apparel - Topix.net

The company, which is being sued by founder and former CEO Dov Charney, said its plan aims to cut costs by about $30 million over the next 18 months by cutting jobs and closing stores.

Tags: american capital apparel restructuring

 

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