Our network

Business

Pike Nurseries Becomes an Employee-owned Company

Pike Nurseries management is pleased to announce the company has combined with Armstrong Garden Centers, its sister corporation in California, to operate under an established Employee Stock Ownership Plan (ESOP). The plan transfers ownership to Pike Nurseries and Armstrong Garden Centers employees through a defined contribution benefit program. 

 

“The ESOP program allows us to reward our employees for their hard work and longevity with the company,” said Mike Kunce, CEO and Chairman of the Board at Pike Nurseries and Armstrong Garden Centers. “This structure not only enables management continuity, but also ensures the employees who have built and sustained Pike Nurseries and Armstrong Garden Centers play an integral part in the future success of the business.”

 

Chairman and CEO Richard Oden to deliver 2015 State of the County address

Chairman and CEO Richard Oden to deliver 2015 State of the County address

CONYERS, Ga. – Rockdale County Chairman and CEO Richard Oden will present to citizens, businesses and other community stakeholders a review of 2014 and his vision for 2015 at the county’s first-ever State of the County Breakfast that the Council for Quality Growth and Conyers-Rockdale Chamber of Commerce will host.

Chairman Oden will address business stakeholders on Thursday, Mar. 5 at 8 a.m., in the Springfield Baptist Church atrium, 1877 Iris Drive, Conyers.

Then, he will address the community at large during a free event on Thursday, Mar. 12 at 6 p.m., at the J.P. Carr Services Community Room, 981 Taylor Street, Conyers.

The 2014 Charles P. Cole Citizen Involvement Award will be presented to a citizen at this time who Chairman Oden selects because of their dedication of time and energy to the Rockdale community.

Rockdale County asks citizens to sign up for CodeRED

Rockdale County asks citizens to sign up for CodeRED

CONYERS, Ga. –- Throughout the month of April, Rockdale County encourages citizens to sign up for CodeRED, the county’s high-speed notification system that delivers time-sensitive messages via voice, email, and text to targeted areas or the entire County during emergency situations or disasters. The awareness campaign coincides with the theme for National County Government Month (NCGM), Ready and Resilient Counties: Prepare. Respond. Thrive.

“Severe weather and emergency situations can hit Rockdale at any time,” Rockdale Fire Chief and Emergency Management Director Dan Morgan said. “In observance of the NCGM theme, now is a fitting time for anyone who lives or works in Rockdale County to sign up for CodeRED weather alerts and emergency notifications.”

RadioShack to close 1,100 stores

(USA TODAY) -- After reporting dismal fourth-quarter earnings, RadioShack said Tuesday that it would close about 1,100 poorly performing stores, roughly 20% of the electronic retailer's locations.

The store closings will leave about 4,000 locations in the U.S. The company has been struggling to revamp its stores for the past year.

Total net sales and operating revenues were $935.4 million in the fourth quarter, vs. $1,171.4 million last year, a 20% decline. Comparable store sales were down 19%, which the company blames on poor performance in its mobile phone business.

RadioShack stock was down more than 20% in premarket trading.

"Even in this environment, we're continuing to make progress on the five pillars of our turnaround plan: repositioning the brand, revamping the product assortment, reinvigorating the stores, operational efficiency and financial flexibility," CEO Joseph C. Magnacca said in a statement.

RadioShack to close 500 stores

(ATLANTA BUSINESS CHRONICLE) -- RadioShack scored big points with its comedic 1980s-themed Super Bowl ad that poked fun at the retailer's outdated image, but the mood was more somber on Tuesday when news broke that around 500 stores will close in the coming months.

WATCH | RadioShack Super Bowl ad

The Wall Street Journal says it isn't clear which of the Fort Worth, Texas-based company's 4,300 stores will be closed or when.

The closings are part of a restructuring. Says the WSJ, "The retailer has struggled to reverse a string of losses deepened by a sales strategy focused around smartphones, which failed to improve revenue over the past two years."

Grocery is the #1 holiday purchase! Research shows where consumers are spending this holiday season

Grocery is the #1 holiday purchase! Research shows where consumers are spending this holiday season

With all the hype and Black Friday campouts at Best Buys and Toys R Us, you'd guess that the majority of holiday shopping budgets go to purchases like electronics, toys and clothing. But according to new research, the biggest share what comes out of your holiday wallet actually goes to ... groceries and restaurants.

New data from Card-Linked Marketing leader Cardlytics -- collected from millions of U.S. households over the past two years -- shows what consumers actually spend their money on during the holiday season.  When it comes to holiday shopping Americans are spending 24% of their budget on groceries followed by restaurants and apparel.  Toy purchases are actually at the bottom of the list.

The Top 10 Share of Wallet (see link/attached for graphics and pie charts for 2011 and 2012 holiday spending):

1. Groceries - 24%

LittlePINKBook.com invites women to join conversation Nov. 12 with top female executives

LittlePINKBook.com invites women to join conversation Nov. 12 with top female executives

ATLANTA -- LittlePINKBook.com, America’s No. 1 digital platform for career women, will host its 9th Annual Fall Empowerment Event on Tuesday, Nov. 12. Top-level female executives will share their experiences with rising through the corporate ranks to an audience of like-minded, successful women motivated to get there.  

Executives on the panel will be asked questions from the event’s moderator, Carol Costello, anchor at CNN Newsroom, Little PINK Book’s CEO and Founding Editor Cynthia Good as well as attendees. Panelists include: