first_imgA Derbyshire-based craft bakery business has closed one of its cafés, which has been open for more than 100 years.The firm, which has been trading since 1826, has handed over the keys to one of its two cafés located on Market Place in Ashbourne to clothing retailer Fat Face. The outlet, which is situated nearby its bakery just off Union Street, has been run by the company since 1908, . Simon Spencer, co-owner of Spencers the Baker, told British Baker: “The reason the café closed was due to a combination of reasons. Obviously, the industry is facing challenging times, but from our point of view we have made a commercial decision to lease the retail side of the premises out but continue with the wholesale bakery. We were approached by a third party asking whether we would lease the premises to them, which we did.”He added that the company’s wholesale division is “challenging”, particularly with wheat price increases, but felt the shop closure could lead to a positive impact on this side of the business.As a result of the move, Spencer is looking to place two members of staff, one part-time and one full-time, in new roles.last_img read more

first_img Published on March 29, 2018 at 5:46 pm Contact Matthew: [email protected] | @MatthewGut21 Comments Facebook Twitter Google+center_img Over the past 72 hours, Annette Moyer’s phone has been “ringing off the hook,” she told The Daily Orange. Dozens of college coaches at Power 5 programs have called her to inquire about her son, Matthew Moyer, who announced Monday that he would leave the Syracuse program.Moyer did not return a phone call, and his mother declined to explain why he left the program. But she said Moyer plans to make about three official visits as he decides on his next destination. When he finalizes his next stop, Moyer will arrive at the beginning of the summer. Among his top options are Xavier and Stanford, she said. He already has declined offers from “blue-blood programs,” she said, because he wants to be “challenged academically.”The Ohio native originally chose the Orange over offers from Arizona State, Butler, Florida, Kansas State, Virginia Tech, Wake Forest and Wisconsin, among others. He became “very interested” in Syracuse because he developed a strong relationship with SU assistant coach Gerry McNamara, Annette said. Moyer said that McNamara “found me in Ohio” and knocked on Moyer’s door because he wanted Moyer to play for SU.Moyer’s mother said neither she nor his father wanted him to play at Syracuse out of high school, but Moyer dreamed of playing for the Orange since he was a little kid. He redshirted the entirety of last season and struggled this year in his only active season with Syracuse, oftentimes getting chastised by head coach Jim Boeheim.“Obviously coach Boeheim can be tough sometimes,” Moyer said last week.AdvertisementThis is placeholder textMoyer was the first SU men’s basketball scholarship player to be a student in the S.I. Newhouse School of Public Communications. That did not factor into Moyer’s decision to leave, she said. Moyer elected to major in Newhouse because of its prestige, not necessarily because he had intentions of a career in communications.Annette added that several coaches who recruited Moyer in high school have told her this week that they are still interested in him. That’s despite his career at SU hitting a few roadblocks — notably an injury on Jan. 24 that contributed to him losing a spot in the starting lineup. Coaches have told Annette that they could “work him into the program well.”last_img read more

first_img IGT moves to restructure board responsibilities May 18, 2020 Renowned US activist investor Jason Ader has returned to the gambling scene, securing a reported $100 million stake in FTSE250 gambling technology group Playtech Plc.Ader’s ‘Springowl’ hedge fund is a specialist in activist investments, targeting underperforming listed enterprises and applying pressure on corporate governance to undertake major structural changes.The Times reports that Springowl is pressuring Playtech governance to push for a sale of disposable corporate assets or to push for a further outright sale of the enterprise.Impaired by Asian market restrictions, and a changing European regulatory environment, Playtech has seen its share price decline almost 50% over the past 12-month trading period.Furthermore, investor pressure is mounting on Playtech governance to enact changes, with a significant number of shareholders (35%) opposing the re-election of Alan Jackson as Chairman.    The gambling sector has proved fruitful ground for Ader and Springowl, whose activist record includes the sale of bwin.party Entertainment in 2014/15 to GVC Holdings, and influencing the corporate restructure of Amaya Inc (Legacy The Stars Group Inc).  Nevertheless, recognised as the sector’s leading technology supplier, servicing the largest number of regulated-market tier1 gambling operators, Playtech governance is confident of the firm’s future turnaround and returning corporate value to its investor base.Detailing that it will soon show its muscle within the liberalised US betting market, in its Q2 2018 trading update Playtech governance confirmed that appointment of Ian Penrose as its executive director leading its North American growth strategy. Jason Ader – No Boogeyman… Activism will play a vital part in reshaping gambling August 20, 2020 Related Articles Submit Share IGT sanctions capped $300m senior debt note sale June 9, 2020 StumbleUpon Sharelast_img read more