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Main Street Meets Wall Street in Miami

BY CSA STAFF

Retail CEOs and CFOs will gather in Florida next month for the second annual Main & Wall Conference, scheduled for Feb. 11-13 at the Mayfair Hotel & Spa in Miami.

Hosted by Chain Store Age and David N. Deutsch & Co., the event is designed for executive leaders of middle-market companies with sales of $50 million to $1 billion, in the retail, food, consumer and restaurant industries.

An introductory workshop on corporate finance will be offered prior to the conference’s opening-night networking reception. Sessions during the conference will address current trends in finance and capital markets, mergers and acquisitions, growth strategies and exit strategies.

In addition to analysts, consultants and professionals from the finance sector, key speakers at Main & Wall will include Tom Stemberg, founder of Staples; Steven Silverstein, CEO of Spencer Gifts; Barbara Paraso, CEO of Balducci’s; and Neale Attenborough, CEO of Appleseed’s.

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Borders to offer free resolution workshops

BY CSA STAFF

ANN ARBOR, Mich. Borders said Thursday that it is offering customers free in store events throughout the month of January to help them kick start their new year’s resolutions and learn how to keep them through the year. Programs include wellness fairs, yoga classes and diet seminars.

Borders reported that local organizations and community groups will be featured in activities and events at its stores across the country ranging from fitness centers and hospitals to singles groups and retirement centers.

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Schulze sells 440K shares of company stock

BY CSA STAFF

MINNEAPOLIS Best Buy chairman and founder Richard Schulze sold 440,000 shares of Best Buy stock last week valued at $22.4 million. Schulze sold the stock at prices ranging from $50.71 to $51.18 per share. Earlier this month, Schulze sold 2.35 million shares valued at more than $120 million.

While Schulze’s stock sales are considerable, they represent just a fraction of his holdings at Best Buy. He’s estimated to still hold more than 68 million shares of stock amassed during 41 years with the company.

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