Business Briefcase

Business news of local interest

YTI to host day for MA’s

Prospective students and members of the general public are invited to be a medical assistant student for a day from 1 to 3 p.m. Wednesday at YTI Career Institute in Altoona.

Attendees will have a chance to learn about the medical assistant program and participate in class, tour classrooms and labs and learn about career opportunities, career placement and financial aid.

For more information, call 944-5643 or email tanya.mccormick@yti.edu

JOHNSTOWN

JARI ses Lunch & Learn programs

Johnstown Area Regional Industries will hold Lunch & Learn sessions from noon to 1:15 p.m. Wednesday and June 20 at the JARI Center at 160 Jari Drive.

On Wednesday, Randy Frye of Saint Francis University will present “Understanding Your Market & Marketing Concepts.” Attendees learn what constitutes the marketing process while developing a marketing strategy that will win over and retain customers.

On June 20, Dave Mastovich of MASSolutions will present information on market segmentation. He will discuss how to leverage target markets, how to create ideal customer profiles and how to apply Marriott’s segmentation strategies.

The cost to register is $5 per person, and lunch will be provided. To register, visit www.jari.com and click on the calendar to access the registration form, or contact Lauren Brewer at lbrewer@jari.com.

Pet Valu sets opening date

Pet Valu will open for business Saturday in the Plank Road Commons.

Pet Valu, with headquarters in Markham, Ontario, has signed a long-term lease to occupy a 4,800-square-foot space.

Pet Valu is a specialty retailer of premium pet food, treats, toys and accessories. The company’s pet-friendly stores offer more than 7,000 products, including holistic and premium brands of pet foods and treats as well as a wide selection of essential and innovative pet supplies to suit every budget, according to its website.

Business hours will be 9 a.m. to 9 p.m. Monday through Saturday and 10 a.m. to 6 p.m. Sunday.

STATE COLLEGE

Mihalko’s opens new location

Mihalko’s Contracting & Restoration has opened a new location at 2600 Clyde Ave. in State College.

This is the fourth Pennsylvania location for Mihalko’s, a fire and water disaster restoration business that also specializes in remodeling services.

“Mihalko’s Contracting and Restoration is not a franchise. We are a true independent that works closely with all major insurers headquartered across the nation,” said Vice President Chelsea Mihalko in a statement.

Mihalko’s can be reached at 1-866-mihalko or at www.mihalkoscontracting .com or www.mihalkosfireandwater.com.

HUNTINGDON

Hospital adopts diabetes program

J.C. Blair Memorial Hospital’s certified lifestyle coaches will kick off a free PreventT2 program at 4:30 p.m. June 27 in J.C. Blair’s Education Center at 860 Bryan St. in Huntingdon.

The year-long program is designed for people at risk of developing Type 2 diabetes, to teach them skills they need to prevent the onset of diabetes.

PreventT2 is a lifestyle change program. Guided by a trained lifestyle coach, participants learn how to make lasting changes, such as losing a modest amount of weight, being more physically active and managing stress to reduce the disk of diabetes.

For more information or to register, call 643-8640 or email vrupert@jcblair.org.

Edward Jones recognized

Financial services firm Edward Jones once again ranks among the Fortune 500, the firm’s fifth consecutive appearance on the annual list, which is published by Fortune magazine.

Fortune magazine ranks the largest U.S. companies by revenue. Edward Jones holds the No. 403 spot, with more than $6.6 billion in revenue for 2016.

Blair County financial advisers include J.T. Tidd in Hollidaysburg, Dick Logan and Michael Harris in Altoona and John Barton in Duncansville.

Gymboree files for bankruptcy

WASHINGTON — Children’s clothing seller Gymboree Corp. has filed for Chapter 11 bankruptcy protection, the latest sign of traditional retailers’ struggles as shoppers shun stores and buy online.

The San Francisco-based company said it is seeking to reduce its debt load by $900 million. It expects to operate its business and majority of its 1,300 stores during the restructuring.

Gymboree is the latest retailer this year to file for Chapter 11, close stores or go out of business entirely. Shoe chain Payless ShoeSource filed for bankruptcy protection in April and The Limited closed all 250 of its remaining stores early this year. Teen retailer Wet Seal in January said it would close its 171 stores.

Gymboree says it secured a total of $308.5 million in financing to keep the company operating through the Chapter 11 process.

Some of its stores will be closed as part of the restructuring, but the timing of that and which shops will be closed have yet to be determined, the company said. It operates its namesake stores as well as Crazy 8 and Janie and Jack shops.

From Mirror, wire reports

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