Shermag plans two shutdowns, 300 more layoffs

Article Abstract:

Shermag Inc., Canada's largest publicly trade furniture company, is permanently closing two plants and eliminating 300 jobs. The mounting losses and deteriorating stock prices are stated as main reasons for plant shutdown.

Personnel administration, Securities issued, listed, FURNITURE AND FIXTURES, Securities, Furniture industry, Company securities, Shermag Inc., Downsizing

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It was time to grow up with the customers

Article Abstract:

The management strategies of chairman and chief executive officer Herschel Segal of Le Chateau, Inc., to boost up the company's image, are examined.

Canada, Management dynamics, Executive changes & profiles, Apparel & Shoe Stores, Clothing and Clothing Accessories Stores, APPAREL AND ACCESSORY STORES, Management, Officials and employees, Company business management, Clothing stores, Le Chateau Inc., Segal, Herschel

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