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Business, regional

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Healing from the ground up

Article Abstract:

The drugstore chain, Rite Aid Corp. in 1999 closed a few hundred stores, laid off a few thousand workers and had a huge debt. However, by early 2000, Rite Aid president, Mary Sammons, maintained good relationship with the remaining 73,000 employees and thus completed its cost cutting and debt restructuring. Hence, the company's revenue and cash flow is rising, and new stores are being built and it is expected that it will make profits in 2004.

Author: Belden, Tom
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2003
Sales, profits & dividends, Drug stores and proprietary stores, Pharmacies and Drug Stores, Drug Stores, Company sales and earnings, Drugstores, Rite Aid Corp., Company earnings/profit

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U.S. Airways CEO says shutdown is not close

Article Abstract:

The chief executive officer of U.S. Airways Group Inc. Bruce R. Lake field tried to reassure employees and customers that the financial troubled airline was not on the verge of shutting down despite the threat from its chairman David Bronner. David Bronner, had commented that if he did not get contract concession from its labor unions the airline could be liquidated.

Author: Belden, Tom
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
Executive changes & profiles, Officials and employees, US Airways Group Inc., Lake, Bruce R.

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Baggage battle nearing an end

Article Abstract:

US Airways and Philadelphia International Airport officials were blaming each other for holding up work on a project designed to avoid a repeat of the airline's costly baggage-service problems at the airport. US Airways officials would spend $2.7 million to upgrade the baggage-handling system by adding more conveyor belts to move luggage.

Author: Belden, Tom
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
Airports, flying fields, & services, Airports, Airport Operations, Material Handling Equipment Manufacturing, Construction and Related Machinery, Airline Baggage Equip, Baggage & Cargo Systems, Installation, US Airways Inc., Baggage handling equipment, Philadelphia International Airport, Technology installation instructions

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Subjects list: United States, Management, Company business management, Airlines
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