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Tag: chain
A&P severance pay cut in half, as chain prepares to shut Clifton store
2015-09-04 00:24:30| Grocery - Topix.net
Montvale-based A&P will be allowed to reduce severance payments to laid-off workers by almost half, U.S. Bankruptcy Judge Robert Drain said Thursday. The judge also said workers laid off in 25 impending store shutdowns will not be able to take the jobs of workers with less seniority at other stores - bad news for workers at a Clifton Pathmark scheduled to close Friday.
ASE chairman urges Taiwan companies to unite to face challenges from China supply chain
2015-09-03 20:31:25| Semiconductors - Topix.net
Taiwan-based companies should work together to confront the challenges posed by the rise of China's IT supply chain, according to Jason Chang, chairman for Advanced Semiconductor Engineering . Chang reiterated ASE's plan to buy 5-25% of rival Siliconware Precision Industries .
Tags: china
companies
face
supply
Private Equity Money Buys Belk Department Store Chain
2015-09-03 10:00:00| National Real Estate Investor
Private equity firm Sycamore Partners plans to acquire department store chain Belk Inc. for $3 billion. Charlotte, N.C.-based Belk, which is the nations largest family-owned-and-operated department store chain, with close to 300 stores in 16 southern states, posted annual sales of $4.11 billion in for fiscal year 2015. read more
Tags: private
money
store
department
Supply chain improvements to save Billabong $30m
2015-09-02 16:33:00| Daily apparel & textile news and comment - from just-style.com
Australian surfwear company Billabong says it is "making good progress" in its turnaround efforts after posting its first full year profit since 2011 - and has now set its sights on yet more savings from supply chain improvements.
Tags: save
supply
chain
improvements
a Ariad is at the bottom of a big biotech food chain, at least for now
2015-09-02 03:25:23| Biotech - Topix.net
The wave of merger-mania running through the biotech industry right now appears to be as much about companies trying not to be eaten as it is about companies eager to eat. That's according to Jacob Plieth , a reporter at EP Vantage with whom I interviewed last month regarding the attempt by Shire Pharmaceuticals to acquire newly launched Baxalta .
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