Hometown Threads:
"The acquisition of Hometown Threads continues to solidify PCA's long-term strategic objective in becoming one of the premier operators of specialty retail concepts within Wal-Mart, the world's largest retailer," said Barry Feld, Chief Executive Officer and Chairman of the Board of PCA. "Hometown Threads provides PCA with a new growth platform which we believe will allow us to further expand the market for personalized gifts and embroidery services with locations in Wal-Mart stores. Hometown Thread's passion for customer satisfaction and commitment to "Every Day Low Prices" make quality personalized items accessible and affordable to the Wal-Mart customer."
"We are pleased to join PCA's growing specialty retail operations," said Howard Arnberg, Hometown Threads founder and President. "Our business model complements PCA's portrait photography services and operations. With the support of PCA's experience and infrastructure, we can now accelerate our expansion in a predictable manner. Similar to PCA, our Hometown Threads stores are focused on helping customers celebrate life's special occasions like births and birthdays with personalized gifts and embroidery services. We also serve a growing base of small businesses nationwide with customized merchandise." Mr. Arnberg will continue managing the daily operations of Hometown Threads as President.
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 Women more entrepreneurial?
WOMEN are not just better listeners and juggles - they're
also launching a third of all new companies, according to
the Women in Business survey by Barclays Bank. This
represents a 25% increase over the past four yours.
However, there remain blots on the landscape. Most
working women are still expected to be the one looking
after the children, with four in five responsible for
either caring or arranging for care. Only 11% use a
creche and only 9% consider using a childminder.
The entrepreneurial spirit among women is strong though,
with nearly 50% going into businesses that are totally
new to them. Mostly, this means retail, leisure and
personal services, where their generic communication,
listening and career-family juggling skills can be used
to good effect.
Reporting
Possible Fraud
If you suspect
a business opportunity promotion is fraudulent, report it
to:
the
state attorney general's office in the state
where you live and in the state where the
business opportunity promoter is based.
your
county or state consumer protection agency. Check
the blue pages of the phone book under county and
state government.
the
Better Business Bureau in your area and the area
where the promoter is based.
- the FTC. File a
complaint online at www.ftc.gov or call toll-free 1-877-FTC-HELP
(1-877-382-4357).
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