Corporate Office HQ

RevLocal Corporate Office

RevLocal

RevLocal was founded in 1997 by current CEO Marc Hawk in Granville, Ohio. The company specializes in helping businesses improve their online presence. RevLocal works with agencies, media publishers, and other corporations to provide a single source digital marketing solution. The company improves client retention, and increases revenue, by putting their clients online via specialized marketing strategies.

RevLocal is listed as #121 on the Inc. 5000 list of Fastest Growing Companies in America. The company had a 3 year growth rate of 2,968% and annual revenue in 2014 of $12.5 million. RevLocal has 169 employees, with 149 of these jobs being added in the past 3 years.

The company is also listed as #21 on the Inc. list of Top Columbus, Ohio Companies. RevLocal also takes the #2 spot on the Inc. list of Top Ohio Companies.

History

RevLocal was founded in 1997 by current CEO Marc Hawk in Granville, Ohio. The company specializes in helping businesses improve their online presence. RevLocal works with agencies, media publishers, and other corporations to provide a single source … [Continue reading] about RevLocal Corporate Office

Astoria Company Corporate Office

Astoria Company

Astoria Company was founded in 2011 by current CEO Scott Thompson in Wilmington, Delaware. The company is a performance based marketing agency that specializes in pay-per-call, pay-per-click, email, display, search engine optimization, call center, social media, as well as offline advertising.

Astoria Company is listed as #119 on the Inc. 5000 list of Fastest Growing Companies in America. The company had a 3 year growth rate of 2,983% and annual revenue in 2014 of $3.4 million. Astoria Company has 24 employees, with 23 of these jobs being added in the past 3 years.

The company is also listed as #19 on the Inc. list of Top Advertising and Marketing Companies, #19 on their list of Top Philadelphia Companies, and Astoria Company takes the #2 spot on the Inc. list of Top Delaware Companies.

History

Ross Stores Racking Up the Retail Sales

Despite fears that big holiday discounts from rival stores might have hurt sales, Ross reported much better than expected fourth quarter results. Per share profit rose 10%, or 66 cents, which is a large increase over the estimated 2 cents that had been anticipated. Total revenue for the discounter rose 7% or $3.25 billion.

An amazing 4% same store growth was fueled by an increase in traffic as well as ticket size. MKM Partners analyst Roxanne Meyer stated that this signals strong growth through 2016 and upgraded the stock to a Buy with a $65 target price.

These results are quite impressive because shoppers were inundated with discounts and impressive markdowns from big companies such as Macy’s and Target, who were pushing winter apparel.

History

Investors were pleased, pushing shares up 2% to $57.33 Wednesday afternoon. While the stock is not a huge bargain, when you consider that earnings are expected to be in the range of 10 to 12% between 2016 ad 2017, this certainly makes this stock much more attractive.

Ross has raised its quarterly dividend by 14% to 13.5 cents. The company also has plans to repurchase up to $700 million in stock this year alone. Ross is publicly traded on the New York Stock Exchange under the ticker symbol: ROST.

Source: Barron’s

Despite fears that big holiday discounts from rival stores might have hurt sales, Ross reported much better than expected fourth quarter results. Per share profit rose 10%, or 66 cents, which is a large increase over the estimated 2 cents that had … [Continue reading] about Ross Stores Racking Up the Retail Sales

Jimmy John’s Gourmet Sandwiches Corporate Office

Jimmy John's Gourmet Sandwiches

Jimmy John’s Gourmet Sandwiches was founded in 1983 when founder James John Liautaud graduated high school. His father offered him a loan to start his own business or he could enter the military. Liautaud started his sandwich shop out of a garage with used equipment as that was all he could afford.

The company offers a variety of gourmet sandwiches and specializes in quick delivery.

Today, Jimmy John’s Gourmet Sandwiches has more than 2,600 locations in 43 states. The company opened at least 200 new locations in the past three years. As of 2013, approximately 98% of all locations are franchise-owned.

History

In late 2017, the company introduced giant 16-inch sandwiches, some of which contain more than 2,100 calories!

Jimmy John’s Gourmet Sandwiches is listed as #4 on the Entrepreneur list of Fastest Growing Franchises in America. The company has been offering franchises since 1993 and has third-party sources which cover franchise fees, start-up costs, inventory and equipment.

Jimmy John's Gourmet Sandwiches was founded in 1983 when founder James John Liautaud graduated high school. His father offered him a loan to start his own business or he could enter the military. Liautaud started his sandwich shop out of a garage … [Continue reading] about Jimmy John’s Gourmet Sandwiches Corporate Office

Sports Authority Files for Bankruptcy

Sports Authority filed for bankruptcy on Wednesday after the company found itself saddled with mountains of debt and unable to upgrade their stores. The company stated that they plan on selling or closing at least one third of their stores, including 6 in California.

In a statement, the company says that they believe that this move will allow the company to change and adapt to the new dynamics of a rapidly changing economy that includes e-commerce sales. The company currently has 463 stores in 43 states, as well as distribution centers in both Denver and Chicago. Sports Authority will sell or close 140 stores and the two aforementioned distribution centers in the next 3 to 4 months.

A&G Reality Partners is handling the sales and they state that 87 of the 140 chosen locations already have leases listed for sale. The company is selling all 6 of their California stores and is leaving the state of Texas, listing all 25 of their stores there for sale as well. The company is also selling 8 stores in Florida. With e-commerce sales increasing, Sports Authority states that they no longer need as many brick and mortar locations.

History

CEO Michael Foss stated that the Chapter 11 bankruptcy process will give the company the flexibility they need to make the necessary changes to improve their overall operations.

The company was acquired in 2006 by the Los Angeles private equity firm Leonard Green and Partners. The company took on a great deal of debt at that time and have had a difficult time servicing the debt.

Sports Authority was unable to take advantage of the thriving sporting goods market due to a lack of funding. Millennials are very interested in health and fitness. Many competitors have installed rock wall climbing equipment and putting greens to help encourage customers to visit stores and try out equipment before they buy it. Sports Authority has not had the funding, due to their heavy debt load, to remodel their stores.

The remaining Sports Authority stores are expected to stay open and operate normally while the company undergoes the bankruptcy process.

Source: The Los Angeles Times