Retail rules

January 2005
Cabinet Maker;1/14/2005, Issue 5421, p12
Trade Publication
The article reports that it may not be quite there yet but Cargo Homeshop sees whole solutions as its new story under the guidance of Stephen Tague. Stephen Tague's ambitions for Cargo Homeshop match the grandeur of his previous appointments. The former Allders PLC managing director, only took over as CEO of Cargo in May 2003, but already he is proposing opening 10 new stores a year. It is not so long ago that the company nearly disappeared. In 2000, the managers finally gave up trying to doctor the failing operation and called in the administrators. By the middle of 2003 the company had lost its way again. Tague was called in, and 18 months later, he has turned a 665,000 pounds loss into a 335,000 pounds profit.


Related Articles

  • The board and box canyons. Palmisano, Robert J. // Directors & Boards;Winter2001, Vol. 25 Issue 2, p20 

    Describes personal experiences as a chief executive officer of a company experiencing financial troubles. Factors that led to the downfall of the company; Steps taken to strengthen the board of directors, to benefit the management and the workforce and for the success of the company; View that...

  • New WMI CEO jumps in. Crown, Bob // Waste News;11/15/99, Vol. 5 Issue 27, p1 

    Reports on the appointment of A. Maurice Myers as chief executive officer of waste hauler Waste Management Inc. Responsibility of Myers of turning around the company; Financial status; Review of accounting and auditing practices; Qualifications.

  • Richard Beaven. McClellan, Steve // Brandweek;11/10/2008, Vol. 49 Issue 40, pSR4 

    The article profiles Richard Beaven, the chief executive officer of North American operations at the media agency Initiative. A discussion of Beaven's involvement in a corporate turnaround at the agency which resulted in it going from being a struggling firm to a power house in the media...

  • Potashner steps down as Maxwell CEO. Siedsma, Andrea // San Diego Business Journal;11/09/98, Vol. 19 Issue 45, p3 

    Announces Ken Potashner's decision to step down as president and chief executive officer of Maxwell Technologies Inc., after leading the company's turnaround. Plans for taking on the same responsibilities ar S3 Inc.; Profile on Potashner; Details concerning Maxwell's turnaround.

  • Survivor: Chicago. Cahill, Joe // Crain's Chicago Business;4/9/2012, Vol. 35 Issue 15, p0004 

    The article reports on the corporate turnaround of Huron Consulting Group Inc. under the leadership of chief executive officer (CEO) Jim Roth in Chicago, Illinois. His strategies include the retention of top performers through persuasion and retention bonuses. Roth also initiates an intense...

  • Orchestrating a turnaround from front end to pharmacy. Heller, Laura // DSN Retailing Today;9/6/2004, Vol. 43 Issue 17, p39 

    The article reports on the changes, which has brought by Marry Sammons, president and CEO of Rite Aid Corp., in the company's profits and production. In just four years since joining Rite Aid, Sammons has spearheaded a turnaround that pulled the drug chain hack from the brink of bankruptcy,...

  • Breach the Wall. Miller, Karen Lowry // Newsweek;10/31/2005, Vol. 146 Issue 18, pE10 

    The article presents an interview with Wolfgang Bernhard, the chief executive of Volkswagen, regarding the management of a turnaround at the German automobile maker. Bernhard discusses the competition Volkswagen faces internationally. He claims that the problems at Volkswagen have to do with...

  • THE BUTTERFLY EFFECT. Scott, Mark // Smart Business Indianapolis;Jan2010, Vol. 7 Issue 2, p12 

    The article discusses how Phil Terry, chief executive officer (CEO) of Monarch Beverage Co. Inc., managed the company's turnaround by encouraging employees to focus on service rather than profit. Terry provides employees new reason to work, justifies that said reason and supports business...

  • Can an Employee Get Rid of the CEO? Kramer, Don // Nonprofit World;Jan/Feb2011, Vol. 29 Issue 1, p5 

    The article provides an answer to a question on how an employee can get a board of directors to evaluate a poorly performing chief executive officer (CEO) and when it is possible to terminate the CEO.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics