If you were fired or laid off from your last position, be honest about the circumstances if asked. Then try to refocus the conversation on your future.
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Daily Archives: May 18, 2012
What top things should applicants adhere to when crafting a good resume and cover letter?
•Make it easy to read – formatting is important.
•Include dates, locations and company names.
•Include a broad statement of your position and most importantly, what you achieved in that position.
•In the cover letter, demonstrate a focus – show yourself as someone who knows what they want to do.
•Provide evidence that you’ve read the job posting and understand the type of person needed for the position.
•Show interest in our company.
Carl’s Jr., Hardee’s parent seeks $100M IPO
May 17, 2012 | By Lisa Jennings
CKE Inc., parent company to the Carl’s Jr. and Hardee’s quick-service restaurant chains, registered late Thursday for a $100 million initial public offering of stock.
In filings with the U.S. Securities and Exchange Commission, the Carpinteria, Calif.-based company said it intends to list its stock on the New York Stock Exchange under the symbol “CK.” Net proceeds would be applied toward debt and for general corporate purposes, the company said.
Both the size of the offering and the estimated offering price have not been determined.
The two restaurant chains are owned by Columbia Lake Acquisition Holdings Inc., an affiliate of private-equity firm Apollo Management, which acquired the brands’ then parent company, CKE Restaurants Inc. for about $1 billion, including debt, in 2010. Prior to that deal, CKE Restaurants had been a public company for 29 years.
Apollo kept the company’s management team, with current chief executive Andrew Puzder.
CKE is not the only restaurant company looking at an IPO this year. Other chains that have filed for IPOs include the parent companies of Outback Steakhouse, Joe’s Crab Shack and Del Frisco’s Double Eagle Steakhouse. Burger King is also looking to return to the New York Stock Exchange.
RELATED: Restaurant IPOs are heating up
For its fiscal year ended Jan. 30, CKE reported a net loss of $6.3 million, compared with a loss of $35.4 million the prior year. Corporate revenue totaled $1.3 billion, a decrease of 3.8 percent compared with fiscal 2011.
At the end of the fourth quarter, CKE operated or franchised 3,243 restaurants, including 1,313 Carl’s Jr. units and 1,921 Hardee’s restaurants in 42 states and 25 foreign countries. The company also holds nine locations of secondary brand Green Burrito.
JCPenney to roll out several new brands; open 20,000-sq.-ft. in-store home shop
May 18, 2012 | By Marianne Wilson
NEW YORK — JCPenney executives laid out further details of their strategy going forward during the chain’s quarterly conference call with investors. The call followed the release of JCPenney’s first quarter results, when it reported a worse-then-expected loss of $163 million, and a 19% drop in same-store sales.
JCPenney said it would launch a new private label apparel brand, jcp, for both men and women. The brand is set to debut in August.
In addition, JCPenney said it will debut several brands in the fall, including a line for young girls, called Dream Pop by Cynthia R. It also will roll out branded collections from designers Betsey Johnson, Vivienne Tam and Lulu Guiness. JCPenney is also looking to expand such brands as Puma and Nike, and rebuild its St. John’s Bay, Worthington and Stafford brands.
In other plans, the retailer in the first half of 2013 will launch a 20,000-sq.-ft. home department, which will be anchored by the Martha Stewart shop, according to Advertising Age. Collections by designers Jonathan Adler and Michael Graves (whose partnership with Target recently ended) will be represented in the new space, the report said.