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Best Buy to cut hundreds of jobs

(BUSINESS JOURNAL) -- Best Buy Co. Inc. plans to cut hundreds of jobs throughout its U.S. store operations, according to a report in the New York Post.

The article, citing anonymous insiders, says the "layoffs could affect upwards of 2,000 managers," though the exact scope isn't known. The retailer does not plan to close any of its 1,055 U.S. stores at this time.

Best Buy, which reports its fourth-quarter earnings on Thursday, declined to comment. The chain has 19 stores in metro Atlanta.

Late last month, Best Buy announced it was laying off roughly 950 full-time employees at its Best Buy and Future Shop stores in Canada as part of a store-restructuring initiative. The company said it will consolidate sales departments and reduce management layers in an effort to "streamline its store operating model as part of the company's long-term growth strategy in Canada."

WellStar strikes partnership deal with Mayo Clinic

MARIETTA, Ga. -- WellStar Health Systemannounced a deal with the Mayo Clinic Health System Thursday morning.

The Mayo Clinic is a globally recognized research and health system that specializes in cancer and cardiac care. The group has a network of specialists and hospitals in Rochester, Jacksonville, Fla. and Phoenix, Ariz.

Marietta-based WellStar, the largest health system in metro Atlanta with a network of five hospitals, declined comment.

With the partnership, Mayo gets toehold in a burgeoning medical market. The deal makes WellStar more competitive with Atlanta's Emory Healthcare, a cardiac and oncology powerhouse.

The WellStar-Mayo collaboration could be similar to what Mayo is doing with Colorado's Aspen Valley Hospital.

Under that partnership, Aspen Valley Hospital (AVH) doctors get access to Mayo's diagnostic and consulting tools, according to the Aspen Daily News.

Aaron's supports Cobb mentoring program

Aaron's supports Cobb mentoring program

COBB COUNTY, Ga. -- Aaron's Lease-to-Own has raised $15,000 for the Cobb County School District's Mentoring Matters program.

Cobb Mentoring Matters allows local residents, business owners and civic groups to mentor and donate money to students in need.

"I believe it is our responsibility to positively impact the lives of all individuals we encounter," Brett Ruffino, vice president of Aaron's in Marietta, said in a statement. "It is especially important to the youth that are willingly and enthusiastically lining up saying that they need and want mentorship."

Ruffino added that Aaron's is committed to making a positive impact on the community and the lives of its customers.

Aaron's employees participate in Cobb Mentoring Matters, but wanted to make an additional contribution -- hence, the $15,000 donation.

(CCSD CobbCast)

Grocery is the #1 holiday purchase! Research shows where consumers are spending this holiday season

Grocery is the #1 holiday purchase! Research shows where consumers are spending this holiday season

With all the hype and Black Friday campouts at Best Buys and Toys R Us, you'd guess that the majority of holiday shopping budgets go to purchases like electronics, toys and clothing. But according to new research, the biggest share what comes out of your holiday wallet actually goes to ... groceries and restaurants.

New data from Card-Linked Marketing leader Cardlytics -- collected from millions of U.S. households over the past two years -- shows what consumers actually spend their money on during the holiday season.  When it comes to holiday shopping Americans are spending 24% of their budget on groceries followed by restaurants and apparel.  Toy purchases are actually at the bottom of the list.

The Top 10 Share of Wallet (see link/attached for graphics and pie charts for 2011 and 2012 holiday spending):

1. Groceries - 24%

20 Cobb businesses honored for communtiy contributions

20 Cobb businesses honored for communtiy contributions

COBB COUNTY, Ga. -- The Cobb Chamber has announced the winners of its 2013 Sam Olens Business Community Service Award.

The honor is presented to companies that support local non-profits. Each non-profit that nominated an award winner was given a $500 gift card to Home Depot.

This year's awards were given during the chamber's December First Monday Breakfast at the Cobb Galleria Centre.

The winners include:

524 Creative
Nominated by Cobb Community Foundation and Cobb & Douglas Public Health

Assurant
Nominated by American Cancer Society

B+C Studio, Inc.
Nominated by Fountain Gate Life and Wellness

Chattahoochee Technical College
Nominated by Cobb Library Foundation and Cobb County Community Services Board

Ed Voyles Automotive Group
Nominated by Marietta City Schools

Chattahoochee Tech to hold employer seminar

Chattahoochee Tech to hold employer seminar

ACWORTH, Ga. -- Chattahoochee Technical College will host "Risks and Opportunities of Being an Employer," a seminar for business owners and managers, later this month at its North Metro campus.

The event will be Tuesday, Nov. 19 from 7:45 a.m. to 11 a.m. It costs $10 to attend.

"Employers will have an opportunity to receive concentrated learning on key topics they need to understand for successful business management," Raushanah Butler, CTC's economic development coordinator, said of the seminar. "Participants will be able to get questions answered by an experienced panel in legal, HR, payroll and workers comp issues. The unique mix of panel members with specialized experience, combined with timely and key topics provides area business managers with a valuable opportunity to advance their business skills and effectiveness."

Topics to be discussed include employee satisfaction, payroll administration and effective safety programs.

LittlePINKBook.com invites women to join conversation Nov. 12 with top female executives

LittlePINKBook.com invites women to join conversation Nov. 12 with top female executives

ATLANTA -- LittlePINKBook.com, America’s No. 1 digital platform for career women, will host its 9th Annual Fall Empowerment Event on Tuesday, Nov. 12. Top-level female executives will share their experiences with rising through the corporate ranks to an audience of like-minded, successful women motivated to get there.  

Executives on the panel will be asked questions from the event’s moderator, Carol Costello, anchor at CNN Newsroom, Little PINK Book’s CEO and Founding Editor Cynthia Good as well as attendees. Panelists include: