Retailers overhaul to revamp ailing businesses
Retailers cut marginal suppliers and inventory, hire outside experts, and host targeted events to cut costs and keep customers. J.Crew lowers prices on key items while trimming high end goods. Neiman Marcus narrows vendors and trains shoppers to buy regular price merchandise through smaller private events.
MENTIONED IN THIS ARTICLE
New York
Millard
Mickey” Drexler
J.crew
Gap Inc
International Council of Shopping Centers
Rock & Republic
SuperValu Inc
Crate & Barrel
J.C. Penney
National Retail Federation
Kathryn M. Deane
Tube Report
J.crew Group
Millard “Mickey” Drexler
Polo Ralph Lauren Corp
Burton M. Tansky
Neiman Marcus Group
Neiman Marcus
Sarasota loses faith as hedge fund manager vanishes
Sarasota investors face missing funds from Arthur G. Nadel of Scoop Management Inc after he disappeared with reports of hundreds of thousands to millions in losses. Police investigated seven complaints and found his Subaru at an airport lot while a family note hinted he was distraught. The fund allegedly yielded 8.5 percent year to date last November.
MENTIONED IN THIS ARTICLE
Nadel
Sarasota
Brad Lerner
Lerner
Pat Nadel
Scoop Management Inc
Geoff Quisenberry
SMI
Sarasota, Fla
Indiana financier Schrenker tied to multi state fraud case and crash
Regulators warned about Marcus Schrenker in at least three states as early as 2002. Regulators say he managed lucrative accounts, switched licenses to dodge oversight, and faced million dollar losses. Police searched his home before his divorce filing, and he later fled by plane and motorcycle triggering a crash and arrest. He faces Indiana felony charges and nearly $9 million in judgments and claims. An airline pilot alleges he bilked his parents' retirement fund of $135,000.
MENTIONED IN THIS ARTICLE
Indianapolis
Indiana
Marcus Schrenker
Schrenker
Florida
Tallahassee
Escambia
Also Mentioned on This Page
Aiken
Seoul and
Mass
WWW
Aikenchiropractic.com
Dan. C. Hayes
Nets OF
Arthur G. Nadel
Sheriff's Office
Bill Spitler
Birmingham
Ala
Florida Panhandle
Associated Press
Michelle Schrenker
Allstate
Tom Young
Whiskey Road
Tomyoung
Allstate.com
Julie A. Jordan
Jordan
Chiropractic
Fabian
Tina Paysinger
Pptaccess
York St. NE
Doctors Care
Pat Roberts
Prudential Woodside Realty
Aikensc.com
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