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Syracuse Herald Journal in Syracuse, New York

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Aug 07, 2000

Page

16

Credit education from CCCS offered in Syracuse column

Sharon Patchett outlines how negative information stays on credit reports for seven years, with seven as the general rule and ten years for Chapter 7 bankruptcy. The piece promotes CCCS’s national Credit When Credit is Due program and invites readers to contact Patchett or CCCS for more information.

Umpc New York Consumer Credit Counseling Service CCCS Sharon Patchett Central New York Patchett Syracuse P.O. Box N.Y

Kmart’s rough decade ends with new leadership push

Floyd Hall reshaped Kmart after near bankruptcy, closing stores and opening super centers amid fierce competition from Walmart and Target. With Hall's exit in May, Charles C. Conaway took the helm and launched a $100 million ad push to restore brand familiarity and win back discount shoppers.

America Martha Stewart Jaclyn Smith Kathy Ireland Kmart Floyd Hall Hall Wal- Mart Target Conaway

Kmart to close 72 stores amid strategic overhaul

Kmart outlined a plan July 26 to bolster finances through store closures, inventory cuts, and a revamped information technology strategy. A pretax charge of 740 million dollars accompanies projected below expectations for Q2 2000 and full year earnings. The program includes 460 million to upgrade systems and 210 million for distribution, plus scanner installs and enhanced inventory monitoring. Despite modest revenue gains under CEO Conaway, profits have fallen while stock trades near half of last year. Same store sales rose 2.8 percent last month and total sales 46 percent, with pockets of strength in outdoor living, prescription drugs, consumables, and housewares. Kmart operates 2,165 outlets and aims to boost online presence via blue light. com and free web access. Value Line notes about 1.7 million internet subscribers in May.

Kmart Conaway A.G. Edwards Robert Buchanan Wal-Mart New York Bluelight.com Value Line

Tax-Advantaged College Savings and Aid Guidance

The article explains College Savings Program accounts via TIAA and 529 plans, educational IRAs, and Uniform Gifts to Minors, noting contributions, tax treatment, and aid impact. It cites 90,000 investors totaling $465 million, plus tips from officials on budgeting, work, and planning for financial aid and loans.

Teachers Insurance Annuity Association of America TIAA New York H. Carl McCall Internal Revenue Service New York State Financial Aid Administrators Association

Bush and Gore proposals on college financing

The candidates present different plans. Bush would expand education savings accounts allowing up to $5,000 per student annually to be used for K-12 and college expenses. Gore proposes a college savings tax deduction and a lifelong learning 401(j) account for tax-free college savings.

Runior FinAid Hope Ttion Hoardline Books Texas George W. Bush al Gore Bush

Also Mentioned on This Page

CCS 18004Champagne.com IRS Jkharris.com The Wall Street Journal JK Harris & Company Pat Vaenes Abfsonline.com Presidential Blvd Bala Cynwyd Fodew Reims Meee Ec Erie Susan East Syracuse Leighbaldwin.com Syracuse.com Kmart Corp Troy, Mich FMA William Cheetham le Moyne College State Financial Aid Administrators Association College Board Cheetham Madell Modell Fin Aid Collegeboard.com Sallie Mae Wiredscholar.com Finaid.com Congress Savings Bank FinaAid New York State Florida meriCorps Military David Lassiram On Eee William Cheethanm
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