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Bear of the Day: Madison Square Garden Company (MSGS)

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It’s one of the most famous sports and entertainment venues in the world. Known colloquially as simply “The Garden” and situated right in the middle of Manhattan, Madison Square Garden is the oldest stadium in both the NBA and the NHL and has also hosted countless music, arts and comedy events over the past 52 years. For athletes and performers, “playing at the Garden” is synonymous with having reached the top of their field. It’s truly iconic.

The Madison Square Garden Company (MSGS) doesn’t own the building – the property itself belongs to a related company.*

MSGS owns the NBA’s New York Knicks and the NHL’s New York Rangers – two teams who play in the building and have enjoyed a huge local market and loyal fans around the country who buy up licensed merchandise and watch televised broadcasts. They also own several minor league franchises in both sports, training

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Kitchen United CEO Jim Collins exits ghost kitchen company

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Kitchen United, a pioneer in the emerging ghost kitchen space, announced Wednesday the departure of CEO Jim Collins, who played an instrumental role in developing the company’s string of rent-a-kitchen facilities in major U.S. markets.

He left to focus on personal endeavors, the Pasadena, Calif.-based company said. Michael Montagano, the company’s former chief financial officer and treasurer, has been named CEO. Chief Marketing Officer Joy Lai has taken over the role of chief operating officer. 

She and Montagano will work together to shepherd the company through its next round of growth, where demand is at an all-time high for its ghost kitchen facilities. Since the beginning of the year, volume at its centers, on a monthly basis, has increased 400% to 500%, Montagano told Nation’s Restaurant News in a phone interview

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This 95-year-old Peninsula company found a sweet spot during the pandemic: Your kitchen

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By Alicia Wallace | CNN Business

When the Covid-19 pandemic hit the US, some businesses held fast and hunkered down. Torani, the 95-year-old company that makes those colorful bottles of flavored syrup at your local coffee shop, didn’t have that luxury.

Torani needed to follow through on a plan that had been years in the making: a relocation of its headquarters and manufacturing operations from South San Francisco to a brand new building across the Bay. The Covid-19 pandemic, however, turned what was already an ambitious and expensive undertaking into a dramatic exercise in operational gymnastics.

Torani was slated to start its move in March to a spacious, 327,000-square-foot San Leandro building that would house its offices and state-of-the-art production lines. It also would serve as a Willy Wonka-esque, tourist-friendly “Flavor Factory” with a coffee-making “receptionista,” a “customer play area” to try some of the 150-plus flavors, and a

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She thought they were renovating the kitchen, he worked with a Seattle company on a bigger surprise

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30 years into their marriage and nearly 20 years in the same house, Alvin and Joanne were ready for a refresh — not the marriage, Alvin emphasizes.

“It doesn’t feel like it’s been that long! We still feel like newlyweds who got married yesterday,” he says.

But the house was starting to feel a little dated, and the couple heard from a friend that Granite Transformations did really great work. As a former interior designer Joanne took the lead on most decisions, and then Alvin came up with a plan to celebrate their love at the same time.

“I said honey, I don’t think we can afford to do all this, and convinced her to postpone the fireplace and bathroom renovations. But of course in my head I thought ‘I’m going to make sure we get this done.”

Alvin worked with Granite Transformations to orchestrate a surprise, and they completed

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Mr. Cabinet Care Awarded Orange County Register’s 2020 “Best Kitchen & Bath Company”

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Mr. Cabinet Care, a family-owned and operated kitchen and bathroom renovation company, was recently announced the Orange County Register’s “Best Kitchen & Bath Company” for 2020.

 

Oct 2, 2020 – Anaheim, CA – Mr. Cabinet Care, a family-owned and operated kitchen and bathroom renovation company, was recently announced the Orange County Register’s “Best Kitchen & Bath Company” for 2020.

 

The annual Best of Orange County readers’ choice award celebrates the area’s most popular attractions, restaurants, and businesses. The Orange County Register asks readers to cast votes for their favorite local businesses who continuously excel in service and quality. A 14-time winner, Mr. Cabinet Care was again named the winner and voted #1 in the “Best Kitchen & Bath Company” category at the 27th Best of Orange County Awards, which reaffirms its commitment to local clients and acknowledges its leadership and exceptional quality and service.

“We want to thank all of 

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Mr. Cabinet Care Awarded Orange County Register’s 2020 “Best Kitchen & Bath Company” – Press Release

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Mr. Cabinet Care, a family-owned and operated kitchen and bathroom renovation company, was recently announced the Orange County Register’s “Best Kitchen & Bath Company” for 2020.

 

Oct 2, 2020 – Anaheim, CA – Mr. Cabinet Care, a family-owned and operated kitchen and bathroom renovation company, was recently announced the Orange County Register’s “Best Kitchen & Bath Company” for 2020.

 

The annual Best of Orange County readers’ choice award celebrates the area’s most popular attractions, restaurants, and businesses. The Orange County Register asks readers to cast votes for their favorite local businesses who continuously excel in service and quality. A 14-time winner, Mr. Cabinet Care was again named the winner and voted #1 in the “Best Kitchen & Bath Company” category at the 27th Best of Orange County Awards, which reaffirms its commitment to local clients and acknowledges its leadership and exceptional quality and service.

“We want to thank all of 

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Kitchen Theatre Company Announces 2020-2021 Season

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The season will feature recordings of previous productions, an online Script Club and more.

Kitchen Theatre Company Announces 2020-2021 Season

The Kitchen Theatre Company, Central New York’s Off Broadway theatre, is excited to announce plans for it’s 2020-2021 season. The Journey to 30: A Celebration of KTC’s Past, Present and Future will offer twenty hybrid and online events and culminate in one live, World Premiere production in June of 2021. The season will build towards the theatre’s 30th Anniversary next season.

The Journey to 30 is divided into three themes, and offered in four acts (see attached for specific date and titles).

 

 

 

  • The Past: Three streaming videos of previous productions recorded live in the Percy Browning Performance Space starring some of Ithaca’s favorite actors (Karl Gregory, Susannah Berryman and Erica Steinhagen) capped by a personal retrospective film directed by KTC’s Artistic Director Emerita Rachel Lampert.

  • The Present: KTC will tackle the vital conversations happening around racial

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Parent company of Olive Garden violates the Civil Rights Act with its tipping policies, activists say

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Activists looking to eliminate the sub-minimum wage for tipped employees — a practice that they say keeps workers in poverty, encourages sexual harassment and leads to racial discrimination — are taking a new approach in their campaign to end the two-tiered wage system in America: They’re arguing the lower tipped wage, sometimes as little as $2.13 an hour, violates the Civil Rights Act of 1964.

The first test of this strategy arrived Tuesday. One Fair Wage, a national worker-advocacy group, filed a federal complaint against Darden Restaurants Inc., one of the largest hospitality groups in the country, alleging that the company’s practice of paying tipped workers a sub-minimum wage causes them to suffer more sexual harassment than non-tipped workers and leads employees of color to earn less in tips than their White co-workers. The practice, the group argues, violates Title VII of the Civil Rights Act, which “prohibits employment discrimination

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Garden-weeding robotics company hires iRobot cofounder as CEO

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If Tertill, the garden-weeding robot made by a Billerica startup of the same name, didn’t already remind you of the Roomba vacuum, the company’s latest hire should leave no doubt about its designs on the home automation industry.

Tertill said Tuesday that it had hired as its chairman and chief executive Helen Greiner, who was co-founder and top executive at Roomba maker iRobot of Bedford. She later founded the drone maker CyPhy Works, before leaving that role to work for the US Army as an expert on robotics, autonomous systems, and artificial intelligence.

At Tertill, Greiner is reuniting with Joe Jones, who was instrumental in creating the Roomba and later created the Tertill. Grenier said she had been independently looking for opportunities for outdoor home robots and a conversation with Tertill executives wound up convincing her to join the company.

“It’s a really under-served space from a technology point of

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Central Garden & Pet Company: Trading At Fair Value (NASDAQ:CENT)

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After an impressive run-up in price, shares in Central Garden & Pet Company (CENT) are taking a breather, retracing from their 52-week highs, and currently trading at $37.8 per share.

The company has benefited from the change in consumer behavior as restrictions were placed to combat the spread of COVID. We have seen that strength translate to retailers such as The Home Depot (HD), Tractor Supply (TSCO), and competitor Scotts Miracle-Gro (SMG), all showing impressive year-to-date results and pointing to an industry enjoying the tailwinds from a shift in discretionary spending towards categories such as gardening and pets, as consumers find themselves with more time spent at home.

As it relates to CENT, the company’s Q3 was its best-performing quarter in its history driven by robust consumer demand. The company ended the quarter with $495M in cash and a leverage ratio of 2.4x, within management’s targeted range.

While the company

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