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Odd Job hopes for Amazing turnaround.
SOUTH PLAINFIELD, N.J. -- A three-year streak of losses and declining sales landed Odd Job Stores in a tough financial position, resulting in the board's decision to sell the majority of its shares to Amazing Savings, an upscale closeout chain.
The deal, approved by shareholders as well, closed last month. Amazing Savings now owns 90.3% of the company's common shares and has brought in its own team of managers to attempt a turnaround at Odd Jobs.
Former ceo Steve Furner has been replaced with a three-person executive team from Amazing Savings. New board chairman Moshael Straus, president Sam Friedland and vice chairman Jeffrey Parker are all co-ceos leading …
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- Amazing Savings goes for Odd Job Stores.
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Newspaper article from: The Daily Deal
June 4, 2003
700+ words
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- Amazing savings files for chapter 11.(Market Watch)(Brief Article)
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Newspaper article from: DSN Retailing Today
January 24, 2005
700+ words
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- Closeout chain converts Odd Job Stores sites in Hackensack, N.J., area.
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Newspaper article from: The Record (Bergen County, NJ)
October 28, 2004
700+ words
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- Amazing Savings to reorganize in midst of bankruptcy.
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Newspaper article from: DSN Retailing Today
Howell, Debbie
February 7, 2005
700+ words
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- New Jersey-based discount retailer Amazing Savings to close stores.
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Newspaper article from: The Record (Bergen County, NJ)
January 18, 2005
700+ words
