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Donald MacIver
The Yankee Candle Company, Inc., doing business as Yankee Candle, is an American manufacturer and retailer of scented candles, candleholders, accessories, and dinnerware. Its products are sold by thousands of gift shops nationwide, through catalogs, and online, and in nearly 50 countries around the world. The company operates just over 260 small-box format stores, located in malls across 43 U.S. states and Ontario, and is the largest candle manufacturer in the United States. The company is headquartered in South Deerfield, Massachusetts. The Jarden Corporation agreed to buy Yankee Candle for $1.75 billion in the fall of 2013. In 2015, Newell Rubbermaid announced that it would acquire Jarden for over $15 billion of cash and stock. History Yankee Candle Company was started in South Hadley, Massachusetts when Michael Kittredge, originally from Holyoke, Massachusetts, created his first scented candle, ''Christmas 1969'', from melted crayons as a gift for his mother. Neighbors ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Vermont
Vermont () is a U.S. state, state in the New England region of the Northeastern United States. It borders Massachusetts to the south, New Hampshire to the east, New York (state), New York to the west, and the Provinces and territories of Canada, Canadian province of Quebec to the north. According to the most recent U.S. Census estimates, the state has an estimated population of 648,493, making it the List of U.S. states and territories by population, second-least populated of all U.S. states. It is the nation's List of U.S. states and territories by area, sixth smallest state in area. The state's capital of Montpelier, Vermont, Montpelier is the least populous List of capitals in the United States, U.S. state capital. No other U.S. state has a List of largest cities of U.S. states and territories by population, most populous city with fewer residents than Burlington, Vermont, Burlington. Native Americans in the United States, Native Americans have inhabited the area for abou ...
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Petaluma, California
Petaluma is a city in Sonoma County, California, United States, located in the North Bay (San Francisco Bay Area), North Bay region of the San Francisco Bay Area. Its population was 59,776 according to the 2020 United States census, 2020 census. Petaluma's name comes from the Miwok village named ''Péta Lúuma'' that was located on the banks of the Petaluma River. The modern city originates in Rancho Petaluma, granted in 1834 to famed Californio statesman Mariano Guadalupe Vallejo, considered to be the founder of Petaluma. Today, Petaluma is known for its well-preserved historic center and as a local hub for the Petaluma Valley region of Sonoma County.Kay Ransom, C. Michael Hogan, Ballard George et al., ''Environmental Impact Report for the Petaluma General Plan'', prepared by Earth Metrics Inc. for the city of Petaluma (1984), History The Coast Miwok resided throughout Marin County, Marin and southern Sonoma County, California, Sonoma County. The village of (Coast Miwok lan ...
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Yankee Candle Shop Flagship Outside
The term ''Yankee'' and its contracted form ''Yank'' have several interrelated meanings, all referring to people from the United States. Their various meanings depend on the context, and may refer to New Englanders, the Northeastern United States, the Northern United States, or to people from the US in general. Many of the earlier immigrants to the northeast from Ireland, Italy, Poland, and other regions of Europe, used ''Yankees'' to refer to New England English settlers. Outside the United States, ''Yank'' is used informally to refer to a person or thing from the US. It has been especially popular in the United Kingdom, Ireland, South Africa, Australia, and New Zealand where it may be used variously, either with an uncomplimentary overtone, endearingly, or cordially. In the Southern United States, ''Yankee'' is a derisive term which refers to all Northerners, and during the American Civil War it was applied by Confederates to soldiers of the Union army in general. Elsewhere ...
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Emeritus
''Emeritus/Emerita'' () is an honorary title granted to someone who retires from a position of distinction, most commonly an academic faculty position, but is allowed to continue using the previous title, as in "professor emeritus". In some cases, the term is conferred automatically upon all persons who retire at a given rank, but in others, it remains a mark of distinguished performance (usually in the area of research) awarded selectively on retirement. It is also used when a person of distinction in a profession retires or hands over the position, enabling their former rank to be retained in their title. The term ''emeritus'' does not necessarily signify that a person has relinquished all the duties of their former position, and they may continue to exercise some of them. In descriptions of deceased professors emeriti listed at U.S. universities, the title ''emeritus'' is replaced by an indication of the years of their appointments, except in obituaries, where it may be us ...
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Bed Bath & Beyond (big-box Retailer)
Bed Bath & Beyond was an American big-box retail chain specializing in housewares, furniture, and specialty items. Headquartered in Union, New Jersey, the chain operated stores in the United States and Canada, and was once counted among the ''Fortune'' 500 and the ''Forbes'' Global 2000. The chain filed for Chapter 11 bankruptcy in April 2023 and liquidated all of its remaining stores, with the last closing on July 30, 2023. Following the retail chain's liquidation, its name was adopted by online retailer Overstock.com which acquired Bed Bath and Beyond's trademarks in a bankruptcy auction. The name is also still used by the chain's former Mexican division which is now independent. Retail history Warren Eisenberg and Leonard Feinstein worked in management positions at discount store chain Arlan's. As the company suffered financial difficulties, and the two believed that the market would shift toward specialty stores, they decided to leave and form their own company. In 197 ...
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Linens-N-Things
Linens 'n Things, Inc. was a big-box retailer specializing in home textiles, housewares, and decorative home accessories. Based in Clifton, New Jersey, the chain operated 571 stores in 47 U.S. states and six Canadian provinces, and had 7,300 employees as of December 2006. The company's business strategy was "to offer a broad selection of high quality, brand name home furnishings merchandise at exceptional everyday values, provide superior guest service, and maintain low operating costs." Burdened with debt after private equity buyouts, the company announced it would shutter all remaining stores in October 2008."Linens 'n Things store closings to begin Friday"
accessed October 16, 2008
It was relaunched as an online-onl ...
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Forstmann Little
Forstmann, Little & Company was an American private equity firm, specializing in leveraged buyouts (LBOs). At its peak in the late 1990s, Forstmann Little was among the largest private equity firms globally. Ultimately, the firm would suffer from the bursting of the internet and telecom bubbles, having invested heavily in technology and telecommunications companies. Following the death of the last surviving founder, Theodore Forstmann, in 2011, the firm was dissolved and its assets sold off. It closed in May 2014. History Ted Forstmann was a golfing partner of Derald Ruttenberg at the Deepdale Country Club on Long Island. He arranged for Ruttenberg to meet Henry Kravis and Jerry Kohlberg of the start-up Kohlberg Kravis Roberts. Kravis and Kohlberg proposed what they called a leveraged buyout. After the two had left, Ruttenberg suggested that Forstmann could do the same himself. Ruttenberg arranged funding for Forstmann, who launched Forstmann Little & Company in 1978. The c ...
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Private Equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the companies. In casual usage "private equity" can refer to these investment firms rather than the companies in which they invest. Private-equity capital (economics), capital is invested into a target company either by an investment management company (private equity firm), a venture capital fund, or an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Private equity can provide working capital to finance a target company's expansion, including the development of new products and services, operational restructuring, management changes, and shifts in ownership and control. As a financial product, a private-equity fund is private capital ...
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Cancer
Cancer is a group of diseases involving Cell growth#Disorders, abnormal cell growth with the potential to Invasion (cancer), invade or Metastasis, spread to other parts of the body. These contrast with benign tumors, which do not spread. Possible Signs and symptoms of cancer, signs and symptoms include a lump, abnormal bleeding, prolonged cough, unexplained weight loss, and a change in defecation, bowel movements. While these symptoms may indicate cancer, they can also have other causes. List of cancer types, Over 100 types of cancers affect humans. Tobacco use is the cause of about 22% of cancer deaths. Another 10% are due to obesity, poor Diet (nutrition), diet, sedentary lifestyle, lack of physical activity or Alcohol abuse, excessive alcohol consumption. Other factors include certain infections, exposure to ionizing radiation, and environmental pollutants. infectious causes of cancer, Infection with specific viruses, bacteria and parasites is an environmental factor cau ...
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Holyoke, Massachusetts
Holyoke is a city in Hampden County, Massachusetts, United States, that lies between the western bank of the Connecticut River and the Mount Tom Range. As of the 2020 United States census, 2020 census, the city had a population of 38,247. Located north of Springfield, Massachusetts, Springfield, Holyoke is part of the Springfield metropolitan area, Massachusetts, Springfield Metropolitan Area, one of the two distinct metropolitan areas in Massachusetts. Holyoke is among the early Planned community#Industrialization, planned industrial cities in the United States. Built in tandem with the Holyoke Dam to utilize the water power of Hadley Falls, it is one of a handful of cities in New England built on the grid plan. During the late 19th century the city produced an estimated 80% of the writing paper used in the United States and was home to the D. H. & A. B. Tower, largest paper mill architectural firm in the country, as well as the largest paper, silk, and alpaca wool mills in t ...
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South Hadley, Massachusetts
South Hadley (, ) is a New England town, town in Hampshire County, Massachusetts, United States. The population was 18,150 at the 2020 United States census, 2020 census. It is part of the Springfield metropolitan area, Massachusetts. South Hadley is home to Mount Holyoke College, South Hadley High School, Pioneer Valley Performing Arts Charter Public School, and the Berkshire Hills Music Academy. History South Hadley was an unsettled area of Hadley, Massachusetts, Hadley from 1659 until 1721, when English settlers moved in from Hadley. A separate town meeting was held in 1753, and the town was officially split and incorporated in 1775.
The town is the home of the nation's South Hadley Canal, first successful navigable canal as well as Timeline of women's colleges in the United States, the oldest continuing institution of higher education f ...
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