Big Losses Prompt Talk Of Selling ZCMI
After losses of almost $8.5 million last year, ZCMI may be for sale.
The company, which is 51 percent owned by the LDS Church, has been
struggling to return to profitability, and, says Chief Financial
Officer Keith Saunders, "We are just looking at alternatives now --
all strategic alternatives."
ZCMI Patrons: Some Things Cash Can't Measure
With ZCMI on the auction block, current Salt Lake area
patrons are left bewildered and wondering what will happen to their beloved
department store. First it was the beloved Hotel Utah and now this. Who
will buy it, and what changes will they make to the amenities that they have
come to love and expect.
LDS Church-owned Radio Station air's childbirth (Havin'My Baby)
A Bonneville Communications radio station in Washington DC broadcast
live the labor and birth of a child to morning radio host Janet
Elliott on Tuesday, August 31st. Over the past nine month's Elliott
has worked her pregnancy in to the Top 40 station's regular morning
broadcasts, keeping listener's up-to-date with everything from
doctor's appointments to her bouts with morning sickness.
Ancestry.com yields $33.2 million in financing
Genealogical data company Ancestry.com completed a
$33.2 million second round of financing Monday, funds that Ancestry
will use to strengthen its online services. The company has 1,700
searchable databases available on the World Wide Web, providing
information on 276 million individuals to 90,000 subscribers.
Utah Hispanic businesses often Mormon (Emerging Minority Businesses)
A recent survey of Hispanic businesses in Utah by George Iber for the
Utah Business and Economic Review shows that these businesses are
predominantly run by married foreign-born males who converted to the
LDS Church before immigrating to Utah.