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CHICO’S SALES
>>Chico’s FAS Inc. (NYSE: CHS) (www.chicos.com) reported today that last month’s same-store sales, those open at least a year, fell 22.1 percent compared with January 2007. Overall sales in January dropped 25 percent to $94.1 million, reported for a four-week period, from $125 million reported for the five-week period a year ago. “In view of the uncertainties in the U.S. economy and the pressures more specifically evidenced in the retail industry, our disappointing January sales results were not entirely unexpected,” Scott A. Edmonds, chairman, president and CEO stated in a news release.
MERGER GETS THE OK
>> Radiation Therapy Services Inc. (Nasdaq: RTSX) shareholders have approved the proposed sale of the company to Vestar Capital Partners, an international private equity firm, for nearly $764 million. Upon completion of the deal, each outstanding share of Radiation Therapy common stock will be converted into the right to receive $32.50 in cash, without interest. The company expects that those transactions will be completed February 21. Antitrust regulators approved the sale in November.
NEW NAPLES AIRPORT FLIGHTS
>>Continental Connection, which is operated by Gulfstream International Airlines Inc., will begin new service between Naples and Tampa. The airline will offer 18 weekly round-trip flights, starting Feb. 14. The new schedule will also include same-plane service from Naples to Tallahassee. Gulfstream will operate 19-passenger Beech 1900D prop-jets, featuring all-leather seats and full, stand-up cabin capability. For reservations and flight information, customers may book with travel agents or online or at www.continental.com.
COUNTING STARS
>> The Ritz-Carlton Golf Resort, Naples has received a Mobil Four-Star Award for the fifth straight year, along with The Ritz-Carlton Spa, Naples for a third straight year. The Ritz-Carlton, Naples, received a Mobil Five-Star Award, and is one of only 41 hotels in the United States and Canada to achieve Mobil’s highest rating. This is the 20th year that the resort has received this achievement. Since 1958, the Mobil Travel Guide’s ratings process has been based on more than 750 standardized criteria for hotels, more than 250 for restaurants and, more recently, 450 criteria for spas.
HOME SALES
>>Bonita Bay Group (www.bonitabaygroup.com) reported 28 sales last month in four of its communities, double the number made in January 2007. The sales included single-family homes and homesites, coach homes and villas at Verandah in Fort Myers, Mediterra in North Naples, Sandoval in Cape Coral and TwinEagles in Naples, generating a sales volume of $13.7 million. Dollar amounts of the January 2007 sales were not provided.
BOARD MEMBERS
>> Bank of Florida - Southwest has announced the election and appointment of Michael Frye, Kaleigh Grover and Michael Riley to its board of directors. Frye is the owner of Re/Max Realty Group in Fort Myers. Grover is the associate publisher of Naples Illustrated, and Riley is the chief strategy officer for NCH Healthcare System.
NEW BUSINESS
>>Pro Med Instruments, an international medical equipment manufacturer, has opened a new sales and distribution office in Cape Coral. From this location, Pro Med Instruments will cover North, South and Central America. The new office is at 4529 SE 16th Place, Suite 101, in Cape Coral’s Community Redevelopment Area.
PR TALK
>>Teresa Morgenstern, a principal of Naples-based public relations firm WordPlay Inc. (www.wordplayinc.com), was a featured speaker for Florida Gulf Coast University’s “Life As….” series. She was asked to speak to a group of communications students about life as a public relations professional, and share tips about the field and the importance of networking.
Gulfshore Business 2009 Relocation & Expansion Guide
Coming August 2008
The Gulfshore Business Relocation & Expansion Guide contains vital information for businesses considering relocating to or expanding in Southwest Florida. The guide includes directories and important specifics about government, licensing, demographics, transportation, education, media, healthcare and much more! Advertising space is limited and sales have begun for the 2009 edition. Don't miss this opportunity to promote your company's product or service to thousands of new and existing businesses. Contact your Gulfshore Business Account Executive or Rob Wardlaw, Associate Publisher, at (239) 449-4145 RobW@gulfshorebusiness.com.
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CONTRACTOR CERTIFICATION
>>Steve Pansing, owner of general contractor Taylor-Pansing Inc., has completed his certificate as a Healthcare Construction Contractor by the American Society for Healthcare Engineering, a subsidiary of the American Hospital Association.
CARE MOBILE
>>CHS Healthcare’s Ronald McDonald Care Mobile will be on display at The Community Service Fair at the Edison College Conference Center (Building J) from 4 to 7 p.m. on Tuesday. The fair is sponsored by Greater Naples Leadership. Care Mobile staff will answer questions about its services. The Ronald McDonald Care Mobile program is a division of CHS Healthcare, which is a 501c(3) organization.
CORRECTION
>> Froilan Ramirez Jr., who has been named general manager of Sanibel Island’s Casa Ybel Resort, started with the property in 1995. His hire date was reported incorrectly in a recent Gulfshore Business Daily item.
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