Big Box Blues abruptly take out Best Buy CEO
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Call it the Big Box Blues, a nasty combination of lowered consumer spending, high rents and aggressive online competition. The blues hit Best Buy’s president today as he resigned abruptly as boss of the huge electronics retailer. Best Buy head office announced that Chief Executive Brian Dunn (left) resigned as part of a top to bottom re-alignment of the firm. The company faces stiff competition from discounters and online retailers. It’s missed sales expectations for several quarters in a row. Best Buy said director Mike Mikan (right) will serve as interim CEO while it looks for a permanent replacement for Dunn.
Air Canada captain rapped for safety comment
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Cathy Anagnostopoulos succumbs to leukemia
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Bricks fall at 133 Randolph Rd site
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Mt. Pleasant Jeweller Linda Penwarden profile
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Jeweller Linda Penwarden, and her shop at 631 Mt Pleasant Rd., has been profiled by Post Media News and the article may be read here linked from the Ottawa Citizen. Ms Penwarden is apparently an example of hard work and persistence being rewarded with a successful practice in jewellery making. As reported by David Kates, she has worked in the jewellery business for nearly two decades. He says she has learned the valuable lesson of doing your homework. For sure.Why Wendy’s pigtails are standing on end
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Wendy’s President and CEO Emil Brolick earned total compensation valued at $4.6 million in 2011 after taking the helm of the hamburger chain in September, according to a Securities and Exchange Commission filing Friday. Wendy’s outgoing CEO Roland Smith, who retired rather than relocate to Ohio from Atlanta after Wendy’s sold most of Arby’s, took home about $16.5 million in total compensation last year, including $11.4 million in severance pay. That pay package was up more than three-fold from the $4.9 million in total compensation that Smith earned in 2010. Brolick’s 2011 compensation included $338,462 in base salary for time served in the role; his base salary for the full year is $1.1 million. Brolick also received a $500,000 signing bonus, $3.2 million in stock and option awards and $533,000 in non-equity incentive plan compensation. Brolick, a former chief operating officer at Yum Brands, joined Wendy’s on Sept. 12. FoxValu Mart Easter Bunny on South Bayview
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Tremblettt’s Valu Mart and realtor Patrick Rocca teamed up to get the Easter Bunny (inset) out on South Bayview Saturday. Many kids had the thrill of a picture with the normally flop-eared rabbit, who had fairly upright ears on this occasion. Easter Sunday is set to be a warm one, with temperatures predicted to climb to 16°C and a minimal chance of rain. The chance of rain is about 30 per cent, said Kuhn, though it will be scattered throughout the city. Warm temperatures Sunday will drop slightly Monday then drop further Tuesday as an arctic air current moves in. Sunday’s temperatures are above average but still far from the record-setting heat felt in 2001 when the mercury hit 25.2°C.No one hurt in house collapse on Randolph Rd
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Links to status of the Wicksteed Salamander
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Leaside High grad is surrogate mom
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How two Leaside High School former classmates, Erin and Shelagh, devised an answer to Erin’s infertility. Lovely story from Mary Ormsby in the Star

