Author Archives: Gabrielle Saulsbery

Ascena CEO retires; company announces additional executive shifts

David Jaffe stepped down from his role as CEO of Ascena Retail Group, Inc. Wednesday, effective immediately. Gary Muto has replaced him. Muto was previously president and CEO of Ascena Brands. “Leading Ascena over the past twenty-seven years has been a privilege. As the company continues its transformation, the board of directors and I mutually agreed that these decisions are ...

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Collaborative workspace Business Energy joins NJ Ignite

Coworking and networking place Business Energy is now part of NJ Ignite, the New Jersey Economic Development Program rent support grant program.   The Westfield-based firm joins a list of 15 collaborative workspaces that offer rent support to startups through NJ Ignite.   It is the only space approved by NJ Ignite in Union County.   Being part of NJ ...

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Activist investor group says Bed Bath deceptive, disingenuous

Union-based Bed Bath & Beyond

Bed Bath & Beyond’s claims that activist investors didn’t try to talk out their problems with the company’s board are patently false, the investor group said Thursday. According to the investor group, which includes Legion Partners, Macellum Capital Management and Ancora Advisors, the group signed a non-disclosure agreement on April 21 at the behest of the company. The group said ...

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