Eaton's chief quits as losses deepen

Article Abstract:

T. Eaton Company Ltd., a 129-year-old chain of department stores, had its president, George Kosich, resigning from his position in the company. T. Eaton's expected sub-par financial performance for the third quarter of 1998, coupled with Kosich's resignation, casted doubt on the retailing company's business future. Kosich's departure from T. Eaton came amidst a speculated acquisition of the firm and increasing financial difficulties.

Comment:

Has its president, George Kosich, resigning from his position in the company

Department Stores, Department Store Chains, T. Eaton Company Ltd., Article

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Weston's heir takes helm at Loblaw

Article Abstract:

The recent shuffle in Loblaw Companies Ltd.'s top executive level positions is discussed. Galen G. Weston, son of billionaire W. Galen Weston, is the executive chairman while Mark Foote has replaced John Lederer as the new president of the company.

FOOD AND KINDRED PRODUCTS, Food industry, Appointments, resignations and dismissals, Loblaw Companies Ltd., Food and beverage production/distribution software, Weston, Galen G., Foote, Mark, Lederer, John

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Brothers' Bowring bid a sign of growing clout on retail store

Article Abstract:

The plans of chief executive officers Fred Benitah and Isaac Benitah of Benix & Co., to acquire Bowring, are presented. The advantages of the deal for Benix & Co. are discussed.

Acquisitions & mergers, Management dynamics, Misc. Fabricated Textile Products, Electric housewares and fans, Management, Mergers, acquisitions and divestments, Company acquisition/merger, Home furnishings industry, Company business management, Housewares industry, Benitah, Fred, Benitah, Isaac

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