| Business Summary | | Jacobson
Stores
Inc.
operates
specialty
stores
featuring
distinctive
apparel
and
accessories
for
women,
men
and
children,
as
well
as
decorative
accents
for
the
home.
Jacobson's
stores
generally
are
open
seven
days
each
week
for
a
total
of
71
hours.
The
Company
has
stores
in
24
cities
in
Michigan,
Indiana,
Kansas,
Kentucky,
Ohio
and
Florida.
The
Company
owns
a
substantial
portion
of
the
real
property
used
in
its
business,
primarily
through
its
consolidated,
wholly
owned
real
estate
subsidiary,
Jacobson
Stores
Realty
Company
(Jacobson
Realty).
The
Company
also
has
a
consolidated,
wholly
owned
finance
subsidiary,
Jacobson
Credit
Corp.
(Jacobson
Credit). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | JCBS
operates
specialty
department
stores
that
features
fashion
apparel,
accessories
and
home
furnishings
for
the
family.
The
Company
has
stores
in
24
cities
in
Michigan,
Indiana,
Kansas,
Kentucky,
Ohio
and
Florida.
For
the
13
weeks
ended
5/5/01,
revenues
decreased
2%
to
$113.4
million.
Net
loss
decreased
57%
to
$1.2
million.
Revenues
reflect
a
decreased
comparable
store
sales.
Earnings
also
reflect
increased
payroll
expenses. Recent Earnings Announcement For
the
13
weeks
ended
08/04/2001,
revenues
were
87,974;
after
tax
earnings
were
-14,271. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| P. Gerald Mills, 72 Chairman | $419K | Carol Williams Pres,
CEO | -- | Paul Gilbert, 56 Vice
Chairman | 393K | James Rodefeld, 62 Exec.
VP of Marketing and Stores | 295K | Theodore Kolman, 60 Sr.
VP - Gen. Merchandise Mang. | 199K | 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
|
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