Shaw among best sales companies
Shaw Industries Group, Inc. has been recognized as one of the best companies to sell for by Selling Power magazine. In its annual list of the 50 best sales companies, Selling Power rated Shaw as the 18th best company to sell for in the United States, based upon compensation, training and customer retention.
"Being the only flooring manufacturer to be named one of the '50 Best Companies to Sell For' solidifies Shaw's sales leadership position," said Mike Fromm, Shaw's chief human resources officer. "Shaw is committed to investing in our salespeople through training, coaching, building relationships, and providing a high-performance culture of empowerment and accountability, which ultimately culminate in our company's success."
The Dalton, Georgia-based floorcovering firm, a subsidiary of Warren Buffett's Berkshire Hathaway, employs about 1,200 sales associates globally among its 22,000 employees.
Animal Crackers now roam free
After 116 years of captivity, animal crackers have been freed from their cages.
It was a symbolic victory for animal welfare activists, notably People for the Ethical Treatment of Animals, which had argued that the immediately recognizable yellow-and-red boxes by Nabisco portrayed a cruel bygone era when traveling circuses transported exotic wildlife in confinement.
The new boxes are expected to arrive in stores this week. They show a zebra, an elephant, a lion, a giraffe and a gorilla roaming free side-by-side in a natural habitat, a sweeping savanna with trees in the distance.
Since 2016, PETA, which opposes the confinement of wild animals for entertainment, has asked Mondelez International, the parent company of Nabisco, to remove the cages.
"Circuses tear baby animals away from their mothers, lock animals in cages and chains, and cart them from city to city," the animal rights group wrote in the letter. "They have no semblance of a natural life."
Edible Arrangements moves HQ to Georgia
The fruit bouquet company Edible Arrangements is moving its corporate headquarters from Connecticut to Georgia.
Chief Executive Officer Mike Rotondo announced Tuesday that the headquarters will move from the New Haven suburb of Wallingford to Sandy Springs near Atlanta.
Edible Arrangements has about 130 employees in Wallingford and plans to maintain a small office there with about 20 workers. The company opened the Sandy Springs location in March and plans to complete the headquarters relocation by the end of the year.
Rotondo says Sandy Springs is a more centralized location and has better access to major transportation hubs.
A company spokeswoman says a small percentage of the Wallingford workers will relocate to Georgia and others will be offered assistance.
Edible Arrangements has more than 1,200 franchises or sites in development worldwide.
S&P 500 hits high in longest bull market
The S&P 500 index briefly traded at an all-time high Tuesday just as the U.S. stock market's bull run came closer to becoming the longest on record.
The market's benchmark index eked out a slight gain, closing a little below the high mark it set in January. The rally pushed the Russell 2000 index of smaller-company stocks to a record high.
The current bull market, which began in 2009, is on track to become the longest in history on Wednesday, surpassing the bull run of the 1990s.
Tuesday's gains were driven by strong earnings by homebuilders, retailers and other companies.