FEATURED CONTENT – FROM THE EXPERTS August 9, 2018
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Be a Social Butterfly to Increase Sales
In her article, Getting More Social with Pinterest®, our Editorial Director Wanda Lenoir discussed the strength of one particular social media platform, Pinterest®, and how you can leverage it (or should be leveraging it) to help increase your business. Social media platforms have hundreds of millions of users and, with user generated content, more ideas than any of us can likely generate by ourselves. All that creative energy is a resource, and if you don’t have the right people on your staff to draw from it, it may be time to reevaluate some staff members.
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Turning a Profit on Slow-Moving Inventory
In a few weeks, retailers will wrap up the third quarter and begin preparing their stores for fall sales and a profitable holiday season. But, what can you do when summer is almost over and you still have slow-selling merchandise from spring and old products from last year? Buying the right amount of merchandise for the selling season is not an exact science. If you’re a member of a co-op or buying group you may get help from inventory planners or product merchants, but they can miss the boat too.
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Do You G.E.T. Your Customers?
In the retail industry, no matter the size of the store, there are a few common concerns: profit, stock management, hiring, firing, managing… But one that everyone deals with and wishes they didn’t is Loss Prevention. Some retail outlets have their own Loss Prevention departments with managers, assistants, agents and more for every store. Some outlets aren’t big enough to do that. So what do you do if your establishment doesn’t have dedicated loss prevention personnel but you want to do what you can to prevent theft? One answer is simple: GET your customers.
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California wildfire victims receive needed supplies from Lowe’s
Less than 72 hours after Lowe’s employees assembled kits in North Carolina, thousands of natural disaster relief buckets made its way to families affected by the wildfires in California. Two tractor trailers arrived late Friday just in time to for a community event at the Lowe’s in Redding, CA. More than 3,000 buckets were distributed to families and a nearby shelter. The kits contained supplies to help the victims recover. The American Red Cross was also onsite to provide some healthcare services, counseling, and other relief support.
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Central Garden & Pet Prices Public Offering of Class A Common Stock
WALNUT CREEK, Calif.–Central Garden & Pet Company (NASDAQ:CENT) (NASDAQ:CENTA) (“Central”), announced today the pricing of an offering of 5,000,000 shares of Class A common stock at $37.00 per share. In addition, Central has granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of Class A common stock in the offering. The offering is expected to close on August 13, 2018, subject to customary closing conditions. Central intends to use the net proceeds from the offering for general corporate purposes, including funding potential acquisitions.
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Xome Hires Rayman Kaur Mathoda as Chief Executive Officer
DALLAS–Xome® Holdings LLC (“Xome”), an indirect wholly-owned subsidiary of WMIH Corp. (NASDAQ: WMIH), today announced the appointment of Rayman Kaur Mathoda as Chief Executive Officer. Mathoda will be responsible for all Xome operations, continuing to offer enhanced solutions and exceptional service to its clients.
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AG Mortgage Investment Trust, Inc. Reports Second Quarter 2018 Results
NEW YORK–AG Mortgage Investment Trust, Inc. (“MITT” or the “Company”) (NYSE: MITT) today reported financial results for the quarter-ended June 30, 2018. AG Mortgage Investment Trust, Inc. is a hybrid mortgage REIT that opportunistically invests in a diversified risk-adjusted portfolio of Agency RMBS and Credit Investments, which include our Residential Investments, Commercial Investments and ABS Investments.
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Constellation Accepting Applications for 2018 Energy to Educate Grant Program
BALTIMORE–Constellation, an Exelon company, is accepting applications for its 2018 E2 Energy to Educate grant program, which provides funding for student research projects focusing on energy innovation. Students in grades 6-12 can apply for program grants up to $25,000, and students in two- and four-year colleges can apply for grants up to $50,000. The deadline for applications is Oct. 1, 2018.
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