Former Kroger property near downtown has a buyer

Spalding University officials have reached a verbal agreement to purchase the old South Second Street Kroger location, according to a university spokesman. Rick Barney, chief marketing and public relations officer for Spalding, said in an interview that the Louisville-based college has reached a verbal deal with the Ohio branch of the State Teachers’ Retirement System for the the 924 S. Second St. property. Louisville Business First previously reported that Kroger left behind a 26,410-square-foot…

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Macy’s CEO unveils new strategy for struggling retailer inspired by founder’s tattoo

Macy's CEO unveils new strategy for struggling retailer inspired by founder's tattoo

Macy’s Inc. CEO Jeff Gennette, in his first address to shareholders since taking the retailer’s top job in March, unveiled a new strategy to guide the struggling department store giant. During Macy’s (NYSE: M) 2017 annual meeting Gennette laid out what he called the North Star Strategy. “As we reviewed our strategy to best address today’s challenges and navigate the company back to growth, we sought inspiration from our founder,” Gennette said. “R. H. Macy chose the star as our company’s symbol…






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Florida company to create up to 1,000 jobs in Louisville as part of $6.7M development

Florida company to create up to 1,000 jobs in Louisville as part of $6

A Jacksonville, Fla.-based company that specializes in debt collection and recovery for telecommunications companies has significantly increased its job-creation goals for a new Louisville office it will open next week. Diversified Consultants Inc. said in a news release Friday that it could create up to 1,000 jobs as part of a $6.7 million investment in Louisville. The original employee estimate was 433 jobs. The company, also known as DCI Collect, offers customer service and collections functions…






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Why Germantown-Schnitzelburg needs this new business association

Why Germantown-Schnitzelburg needs this new business association

A new business association has formed in Louisville, and its first event will have plenty of one of the neighborhood’s most popular commodities: beer. The Germantown-Schnitzelburg Business Association will hold a networking happy hour and launch party from 5 to 7 p.m. on Wednesday, May 24, at Monnik Beer Co., 1036 E. Burnett Ave. In addition to brews, the event will have appetizers, a cash bar and door prizes. The event will be a chance for local entrepreneurs to mingle and get information about…






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Walden taps prominent businessman to lead $15 million capital campaign

Walden taps prominent businessman to lead $15 million capital campaign

A St. Matthews school soon will publicly launch a $15 million capital campaign to rebuild and expand its campus in St. Matthews — and it has enlisted a local business leader to help. Walden School, a private college preparatory school on Westport Road, tapped Brooks Bower, CEO of Louisville-based Papercone Corp., to lead the efforts as chairman of the capital campaign, according to a news release. The $15 million campaign will involve demolishing all but one of the structures on Walden’s current…






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GE Appliances has a new slogan — and it’s very similar to a previous one

GE Appliances has a new slogan — and it's very similar to a previous one

Louisville-based GE Appliances, part of Qingdao Haier Co. Ltd., is rolling out a new slogan and plans a significant marketing push. The company’s new tagline is “Good things, for life” — obviously, very similar to a previous slogan, “We bring good things to life.” The tagline will appear in three national TV spots, the first of which will premiere during the Billboard Music Awards on May 21, according to a news release. You’ll also catch the ads during the finale of “The Voice,” on NBC, the premiere…






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Ruth Brinkley to leave KentuckyOne Health

Ruth Brinkley to leave KentuckyOne Health

Ruth Brinkley, president and CEO of KentuckyOne Health Inc., will leave those positions this summer. The company said today in a news release that Brinkley had made the decision to leave the role, effective July 14. Chuck Neumann, interim president of University of Louisville Hospital, will assume the role of interim president and CEO of KentuckyOne Health. Brinkley will work with Neumann in an advisory role through mid-September. “Ruth has led KentuckyOne Health since the very beginning in 2012,”…






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