Business briefs, May 7-10
Sports Authority stores to remain open for now
According to the Associated Press, Sports Authority will sell off assets instead of reorganizing under bankruptcy protection after filing for Chapter 11 bankruptcy protection in March. Sports Authority, which operates 463 stores around the country, including one in Park City, at first said it would close or sell about a third of its stores but stay open as a streamlined company, according to the Associated Press report. But court filings last week indicated the company would instead try to sell off its assets. Michael Foss, CEO of Sports Authority, assured customers in a newsletter on May 3 that they can continue to shop at stores and online as usual as the company moves forward in the process.
Zions Bank accepts Paint-a-Thon applications
Zions Bank is inviting the public to nominate homes the company’s employees will give a fresh coat of exterior paint to as part of its Paint-a-Thon program. According to a press release, the Paint-a-Thon service project is designed to help elderly, disabled or veteran homeowners who meet the federal Department of Housing and Urban Development income guidelines. "We know senior citizens cherish the opportunity to remain in their homes as long as possible, so this is our way of helping them accomplish that goal," said Zions Bank President and CEO Scott Anderson. "Every year, Zions Bank employees look forward to Paint-a-Thon and helping our neighbors spruce up their homes and yards when they can no longer do the job themselves." For more information, or to submit a nomination, email ZionsBankEvents@zionsbank.com .
New website launched for Utah notaries
Utah Lt. Gov. Spencer Cox recently announced a redesigned website to help Utahns find notaries or become a notary public. According to a press release, the site, notary.utah.gov, features interactive resources, learning tools and a search engine to help people find notaries.
While commuting to Lehi everyday for her job, Melissa Garland realized the area needed a yoga studio. So, the Parkite expanded her business down into Utah County.