Lead Photo: Mike Ward, delivery truck driver for Sunshine Ace Hardware; Matt Kurtz, East Naples store manager for Sunshine Ace Hardware; Michael Wynn, president of Sunshine Ace Hardware. Details below.
HERTZ REPORTS NET LOSS DESPITE STRONGER SECOND QUARTER FINANCIAL RESULTS
Estero-based Hertz Global Holdings Inc. on Monday announced second-quarter financial results with a net loss of $168 million or $1.05 loss per share. The loss included $633 million of reorganization expenses. During the quarter, the car rental company generated total revenues of $1.9 billion reflecting a stronger leisure travel demand coupled with tighter fleet inventory. Adjusted Corporate EBITDA was $639 million, resulting in a 34% margin. The improvement resulted from strong revenues, efficient fleet management and more than $400 million of structural and recurring cost reduction. Hertz Global emerged from its Chapter 11 process on June 30 well-capitalized with the flexibility and resources to pursue new growth opportunities. The company anticipates a re-IPO, which includes hosting an investor roadshow and relisting on a major exchange by the end of the year.
ESTERO’S PLANNING, ZONING & DESIGN BOARD CONSIDERS NEW DEVELOPMENTS TODAY
Rezoning proposals for Corkscrew Pines, Estero Crossing, Marketplace at Coconut Point and Via Coconut are on the meeting agenda today for Estero Village’s Planning, Zoning & Design Board. The meeting will start at 4:30 p.m. with a public hearing for Corkscrew Pines’ request to rezone its 21-acre parcel on the south side of Corkscrew Road east of Stoneybrook Golf Drive and west of Fire House Lane. A public information meeting will follow for the Marketplace at Coconut Point, which is proposing a freestanding fast-food restaurant with a drive-thru and two retail buildings at the southeast corner of U.S. 41 and Rapallo Drive. A public information meeting also will be held for Estero Crossing, which is preparing a development order for site plan approval for multifamily residential units on the south side of Corkscrew Road west of Interstate 75 and east of Lowe’s-anchored Estero Town Commons. A public hearing will be conducted for a request by Via Coconut MPD to rezone from agriculture to Estero planned development for a 20-acre parcel on the west side of Via Coconut Point south of Corkscrew Road. For a complete agenda of the meeting, click here.
ALDI OPENING GROCERY STORE THURSDAY IN BONITA SPRINGS
Aldi is launching its next area grocery store Thursday in Bonita Springs. The 25,000-square-foot store is opening in the Springs Plaza space of a former Bealls Outlet store on the southeast corner of U.S. 41 and Bonita Beach Road. The Aldi at 8951 Bonita Beach Road will be open 9 a.m. to 8 p.m. daily. The new grocery store eventually will offer curbside pickup. Other regional locations for the national grocer are already under construction. Aldi is building its fourth Collier County location at Addison Place retail center near the northwestern corner of Immokalee Road and Collier Boulevard in North Naples; and its fourth Cape Coral store at Veterans Parkway and Santa Barbara Boulevard. Aldi operates more than 2,000 stores in 37 states and is on track to become the third-largest U.S. grocery retailer by store count by the end of 2022, the company reports.
Video courtesy of WINK News
DELAYS EXPECTED DUE TO LEE COUNTY SCHOOL BUS DRIVER SHORTAGE
The School District of Lee County is warning parents whose children take the bus to school to expect delays at the start of the school year because of a critical school bus driver shortage. “If you know anyone who wants to drive a bus, you know, I’ll keep saying it ’til the cows come home: We need more drivers,” says Interim Superintendent Ken Savage. The district is still short at least 100 school bus drivers as the new school year begins today, WINK News reports.
Video courtesy of WINK News
LEE COUNTY SCHOOLS REQUIRING MASKS, WHILE COLLIER SCHOOLS KEEP MASKS OPTIONAL
The School District of Lee County announced Sunday via an email to parents that it is requiring masks for the 2021-22 school year, which begins today. The district says it will respect the rights of parents to make health decisions for their children by allowing them to opt out of wearing a face covering. SDLC says it came to this decision after the Florida Department of Health said that the COVID-19 positivity rate in Lee County between July 30 and Aug. 5 was 20.8%. In Collier County, the school district will continue to keep masks optional in order to comply with Gov. Ron DeSantis’ executive order, but it did email parents information from doctors pleading with parents to get their children to wear masks, WINK News reports.
SWFL’S PRIVATE CATHOLIC SCHOOLS REQUIRING MASKS
The Diocese of Venice is mandating masks indoors in all Catholic schools in counties with a high positivity rate, which includes Southwest Florida. Leaders issued a letter Thursday night saying masks are required indoors in all Catholic schools with 10% COVID-19 positivity rates or higher, which includes Catholic schools in Collier and Lee counties. The temporary mandate will be reviewed weekly, Bishop Frank J. Dewane said. Area Catholic schools started classes Monday.
SANIBEL COUNCIL ENACTS FACE MASK REQUIREMENT FOR CITY BUILDINGS
Sanibel City Council has enacted a mask mandate within city buildings that are open to the public. Masks will be required at City Hall, the Public Works building and the City of Sanibel Recreation Center, among others, the council approved Saturday during an emergency meeting. The face-covering requirement at the recreation center means any activities, city-sponsored or after-school activities, will require participants to wear a mask. Fitness instructors and participants as well as anyone in the weight room or on the treadmill will need to wear a mask, the city said in a news release.
FIRST STREET APARTMENTS PLANNED IN DOWNTOWN FORT MYERS
First Street Apartments are planned to make a gateway into the downtown Fort Myers area. Located at 3466 First Street, the four-story multifamily apartment complex project features 274 units and 467 parking spaces. The apartment community will be built on the former location of the First United Methodist Church. The total project cost will be $73.4 million, the Fort Myers Community Redevelopment Agency (CRA) states. The CRA recommended the project for an $11.025 million tax increment rebate. Construction will begin in the first quarter of 2022 and completion is planned for the second quarter of 2024.
LEADERSHIP NEXT TO SPOTLIGHT COLLABORATORY TODAY
Leadership NEXT, a monthly program for advancing business professionals, will host a networking program from 5-7 p.m. today at Collaboratory in Fort Myers. The Leadership NEXT program will feature an update from Collaboratory, the nonprofit formerly known as the Southwest Florida Community Foundation. Collaboratory President and CEO Sarah Owen will lead the discussion, sharing about the mission of Collaboratory, its goal of solving all major social problems on an 18-year deadline and how the nonprofit plans to accomplish the complex task. Admission is free for Chamber members, $10 for nonmembers, and includes one complimentary drink provided by Captains for Clean Water and light appetizers sponsored by Christin Collins. Attendees can register online or by calling 239-332-2930.
HODGES CONNECT TO OFFER SEVEN-WEEK EMT PROGRAM IN OCTOBER
Hodges Connect, the workforce initiative of the Hodges University’s Professional Education and Training department, is accepting applications for its fall Emergency Medical Technician (EMS) program. The seven-week program will begin in October. It’s a combination of lecture and hands-on learning in Hodges University’s Health Sciences Building on the Fort Myers campus. “By completing this program and passing the exam, they can work in the field. It also opens up other career opportunities,” said Dr. Jeff Ziomek, EMS program director. For more information and to apply, click here or email HodgesConnect@Hodges.edu.
ASSOCIATION OF FUNDRAISING PROFESSIONALS CHAPTER TO HOST CFRE REVIEW COURSE
The Association of Fundraising Professionals Collier-Lee Chapter will host a two-day review course on Aug. 20-21 for the Certified Fund Raising Executive (CFRE) Examination. Both sessions are expected to run from 9 a.m. to 5 p.m. and will be offered in person, at United Way of Collier and the Keys community room in Naples, and online. The CFRE Examination is designed as a generalist exam for fundraising professionals to demonstrate mastery of the six core knowledge areas related to fundraising practice. Register for the event here. For more information, contact email@example.com or call 239-947-2000.
TICKETS AVAILABLE FOR 2021 40 UNDER 40 CELEBRATION AUG. 31
Join Gulfshore Business in honoring our 2021 40 Under 40 award winners with a special celebration that includes our 2020 winners. The annual awards ceremony will take place at 6 p.m. on Aug. 31 at Hyatt Regency Coconut Resort & Spa in Bonita Springs. Sponsorships are also available. For more information, click here.
Sunshine Ace Hardware donates classroom, cleaning supplies to Boys & Girls Club of Collier County
Sunshine Ace Hardware donated a shipment of classroom and cleaning supplies to the Boys & Girls Club of Collier County, which is ramping up programs for the fall semester. The shipment measured 82 cubic feet and contained multiple cases of hand sanitizer, wet wipes, facial tissues and drinking straws. The Boys & Girls Club of Collier County annually serves more than 3,000 children and teens, ages 6 to 18. Family-owned and operated since 1958, Sunshine Ace Hardware is one of Florida’s largest family-owned home improvement retailers. The Naples-based company operates nine locations in Collier, Lee, Charlotte and Pinellas counties and two Crowder Bros. stores in Manatee County.
SWFL Children’s Charities presents $1.2 million to SWFL Children’s Charities Eye Institute of Golisano Children’s Hospital
SWFL Children’s Charities Inc. has presented a check of more than $1.2 million representing the second pledge payment to help build the new SWFL Children’s Charities Eye Institute of Golisano Children’s Hospital. The facility is located in Fort Myers and is designed to help improve pediatric visual disorders. With this month’s donation, the total to Golisano Children’s Hospital to date is more than $21 million to fund all kinds of programs, including mental health, neo-natal care, incubators and ophthalmology. The Southwest Florida Wine & Food Fest, a signature event of SWFL Children’s Charities, features chef vintner dinners, a grand tasting and a live auction. Since its inception 13 years ago, the event has donated more than $25 million to benefit local nonprofit organizations.
The Immokalee Foundation receives excellence award
For the ninth consecutive year, The Immokalee Foundation has earned the Gold Level of Excellence Award from Take Stock in Children, a statewide scholarship and mentoring program that serves to increase high school graduation and college enrollment rates amongst underserved, low-income students. Established in 1995, Take Stock operates across Florida to offer students the opportunity to earn a two- or four-year college scholarship. As the local affiliate, The Immokalee Foundation provides students with academic support and mentoring from middle school through high school to help them achieve Take Stock scholarships. Achieving a perfect score of 100 points, The Immokalee Foundation earned accolades for meeting Take Stock in Children’s high standards for new students entering the program and its mentoring services.