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Sanford C. Sigoloff (September 8, 1930 – February 19, 2011) was an American businessman and philanthropist. He became known as "Mr. Chapter 11 " for his rescuing of a number of companies from bankruptcy, in the course of which he pioneered an investor-friendly " slash-and-burn strategy" at the expense of employees.
Handy Dan Home Improvement was an American home improvement store founded by Amnon Barness, an Israeli immigrant. It went out of business in May, 1989. [1] By 1972, the company operated 30 stores in California, Texas, Arizona and Oklahoma. It made an initial offering in November, which led to Daylin, Inc. owning 81% of Handy Dan. [2]
The Handy Dan and London Drugs operations were not included in the filing; women's clothing chain Diana, Handy Dan, and a line of hospital pharmacies would form the core of the surviving business. [6] Sigoloff came into conflict with Marcus and Blank over the structure and control of the Handy Dan division.
Rediscover identity, purpose, and fulfillment. Gilbert explained how work often provides people with the "big five": identity, structure, purpose, a sense of accomplishment, and relationships.
After college, he worked several manufacturing and retail jobs, rising to corporate leadership at Handy Dan Home Improvement, where he met Arthur Blank. Bernie Marcus and Arthur Blank. Getty Images
MAID is currently legal in 10 states and Washington, D.C., but eight other states are considering similar laws this year.
By 1990, the chain had grown to 89 Channel outlets in nine states, [3] [9] but in early 1991, the company filed for Chapter 11 bankruptcy protection, and announced a plan to close 34 of 86 stores, mostly in the Baltimore-Washington and New England markets. [9]
The last image we have of Patrick Cagey is of his first moments as a free man. He has just walked out of a 30-day drug treatment center in Georgetown, Kentucky, dressed in gym clothes and carrying a Nike duffel bag.