Penney ends yearlong discount pause with new price labeling
J C Penney plans to resume hundreds of sales and add price tags showing savings across more than half its merchandise as it seeks to revive demand while remaining cautious about consumer habits. The move marks an evolution of CEO Ron Johnson’s strategy after a year of lean discounts, with mixed signals from critics and investors watching fourth quarter results.
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Hostess to sell Drake's cake brands to McKee Foods
In a U S bankruptcy filing McKee Foods maker of Little Debbie offered 27.5 million dollars cash for Drake's cake brands Devil Dogs Funny Bones and Yodels. Hostess plans to close asset sales by May 30 pending court approval.
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Trader charged with bailout fund fraud
A 16 count indictment charges 38 year old Jesse C Litvak a New York City resident and former Jefferies & Co. managing director with securities fraud TARP fraud and making false statements to the federal government. The scheme allegedly defrauded customers on residential mortgage backed securities trades on the company trading floor in Stamford Connecticut.
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Williams Returns Home To Open Allstate Agency In Lorain
Billy Joe Williams, an Elyria Catholic all state honoree and former European pro, returns to Lorain to open Allstate Insurance at 1324 Cooper Foster Park Rd West. He plans hands on service, aims to save customers money, and may expand with more agencies. Drivewise offers up to 30 percent discounts for safe drivers.
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New Lorain County Business Opening Named
The Chronicle invites readers to send details for a Lorain County business launch including the business name and location for a forthcoming notice.
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Lorain County
Ctnews
Chroniclet.com
Local business to announce opening date and contact
The post notes an upcoming opening date and details its purpose. A contact name is provided for questions and a business photo may accompany the notice.
Ohio gas prices rise to start the week
Ohio motorists face higher fuel costs as AAA and partners report an average regular gas price of 3.39 a gallon in Monday’s statewide survey. A separate item notes Google faces UK legal action as about a dozen Apple customers sue the company over alleged covert tracking of their online activity.
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