Remove 2017 Remove Sales Remove Turnaround
article thumbnail

GE’s Fall Has Been Accelerated by Two Problems. Most Other Big Companies Face Them, Too.

Harvard Business

Trian announced that with its help, GE could look forward to a stock price in the $40–$50 range by 2017, and threatened a proxy battle unless GE put Trian cofounder Ed Garten on the board. In June 2017 longtime CEO Jeff Immelt resigned under unrelenting Trian and shareholder pressure, and John Flannery took over as CEO.

Company 124
article thumbnail

Brewing a Turnaround at DAVIDsTEA

1 to 1

Only two years after going public, specialty tea retailer DAVIDsTEA announced at the end of 2017 that it was evaluating strategic alternatives, including a potential sale and store closures. more than 12,000 stores are expected to close in 2018, up from about 9,000 in 2017, according to commerci. In the U.S.,

article thumbnail

Buying a Business in a Competitive Marketplace, how to Separate Yourself from the Pack?

Martinka Consulting

John Martinka, as one of Seattle’s most successful, knowledgeable, & experienced buyer’s brokers, and I, as the President of IBA, the Pacific Northwest’s oldest business brokerage firm, have collaboratively completed a significant number of transactions involving the purchase & sale of privately held companies, including one already in 2017.