Monday, January 16, 2017

The Andersons to close all retail stores, affecting 1050 employees – Toledo Blade

In a stunning announcement to the Toledo area, The Andersons Inc. said on Sunday that it would close its two local general stores and two stores in Columbus in the spring, ending jobs for 1,050 employees.

The Monclova Township company said it would end its money-losing retail business between April and June. The retail unit was begun in 1952 by the agribusiness that has $ 4.2 billion in revenue. But the stores pulled in just $ 140 million of that in 2015.

n2andersons2

LikeTweet

No comments:

Post a Comment