| Business Summary | | The
Right
Start,
Inc.
is
a
specialty
retailer
of
developmental,
educational
and
care
products
for
infants
and
children.
The
Company
has
transferred
its
catalog
operations
to
its
affiliate,
RightStart.com,
and
is
focusing
on
its
retail
stores.
As
of
April
20,
2001,
the
Company
had
63
retail
stores
in
operation.
Twenty-six
of
these
stores
were
located
in
large
shopping
malls
and
37
were
located
in
stand-alone
locations
or
in
local
shopping
centers,
some
of
which
were
known
as
"lifestyle"
centers
because
they
include
a
mix
of
retailers
of
non-essential
products.
The
stores'
product
mix
includes
a
wide
variety
of
items
to
meet
the
needs
of
parents
of
infants
and
small
children
up
to
age
three,
all
presented
within
a
store
designed
to
provide
a
safe,
baby-friendly
environment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
Right
Start,
Inc.
is
a
specialty
retailer
of
developmental,
educational
and
care
products
for
infants
and
children.
The
Company
markets
its
products
through
58
retail
stores.
For
the
13
weeks
ended
5/5/01,
net
sales
fell
4%
to
$12.7
million.
Net
loss
applicable
to
Com.
fell
67%
to
$1.6
million.
Revenues
reflect
decreased
sales
to
RightStart.com.
Lower
loss
reflects
the
absence
of
the
loss
on
the
investment
in
RightStart.com
for
the
period. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Jerry Welch, 50 Chairman,
Pres and CEO | $75K | Raymond Springer, 50 CFO,
Exec. VP | 258K | Marilyn Platfoot, 46 Exec.
VP - Retail | 184K | Jon Kubo, 43 Sr.
VP, CTO | -- | Ronald Blumenthal, 54 Sr.
VP | 166K | Dollar
amounts are as of 3-Feb-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|