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Watts announces reorganization between subsidiaries

Monday, 18 Apr 2016 02:30am EDT

Watts Co Ltd:Says wholly owned Osaka-based subsidiary to transfer its business in West Japan to a wholly owned Okayama-based subsidiary planned on Sep. 1.Says the wholly owned Osaka-based subsidiary to merge a wholly owned Hokkaido-based subsidiary planned on Sep. 1 and the Hokkaido-based subsidiary to be dissolved after merger.Says the three subsidiaries are engaged in wholesale and retail of daily necessities.

Dollar General announces corporate restructuring to drive stronger growth

Tuesday, 13 Oct 2015 04:30pm EDT

Dollar General Corp :Announces corporate restructuring to drive stronger growth.Says is restructuring its corporate support functions to eliminate approximately 255 positions.Says substantially all of the eliminations are effective immediately.Currently projects that it will incur a pre-tax cash expense of approximately $7 million in the third quarter of 2015.Says restructuring includes approximately 115 vacant positions.Expects to continue its expense control and reduction initiative by implementing a more rigorous budgeting process.Says positions at the store level will not be impacted by this restructuring.Says all impacted employees have been notified.

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