Empire Company Ltd. won’t thin out store ranks to make up for increased costs due to higher minimum wages, said president and chief executive officer Michael Medline in an interview on Thursday. “We’re trying to have our employees be a competitive advantage even more than they are today, so the idea of financing that off of fewer employees to serve our customers is counterproductive and doesn’t really fit the values I like.
“It’s a step in the right direction I would say, though this is still an outstanding issue,” said Andrew Hatnay, of Koskie Minsky LLP, which represents Sears Canada employees and retirees. “This saga is not over yet.”Sears Canada filed for creditor protection on June 22 in order to restructure, and is closing 59 stores and letting go 2,900 employees in an effort to emerge a slimmer, profitable business. It is looking for a buyer for some or all of its operations.
A spokesperson for Leonard Green was not available for comment. Jamie Nordstrom, president of stores, declined to comment. According to one estimate, the move would require raising between $7 billion and $8 billion in debt to finance the deal. The family announced in June that it wanted to go private to continue its turnaround plan outside the glare of public markets, giving them an opportunity to test new concepts without triggering negative shareholder reaction.
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. "David Pogue")
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both Elon Musk and Mark Zuckerberg by
searching Obama AND Romney or Obama + Romney.
Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used.) For example, search for democrat OR republican to find results that refer to
Democrats and/or Republicans.
Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
Exact case matching or punctuation
If you're searching for a brand name or keyword that relies on specific punctuation marks or capitalization, you can
find results that match your exact query by adding matchcase: before the keyword you're searching for, like matchcase:E*TRADE .
Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.
An asterisk can be used to search for any variation of a root word truncated by the asterisk. For example, searching for admin* will return results for administrator, administration, administer, administered, etc.
A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".