Aldi hiring trainees

Aldi hiring trainees

AUSTINTOWN

The Aldi grocery chain is conducting a store-manager trainee hiring event Thursday for its stores in Hermitage and Grove City, Pa., from 7 a.m. to 1 p.m. and 3 to 7 p.m. at the Comfort Inn, 5425 Clarkins Drive, Austintown.

Aldi manager trainees earn $21.65 per hour, and the position is designed to lead to a store-manager position with an annual salary of approximately $70,000.

Applicants must be 18 or older, have a high-school diploma or General Educational Development (GED) certificate and be available to work anytime between 6 a.m. and 11 p.m. Retail experience is preferred, and management experience is preferred for manager trainees. A drug screening and background check, the ability to lift 45 pounds and the willingness to relocate within a 50-mile radius of Aldi upon promotion to store manager also are required.

Consumers reports higher earnings

Minerva

Consumers Bancorp Inc. on Monday reported second-fiscal quarter 2012 earnings of 39 cents per share compared with 34 cents for the previous quarter that ended Sept. 30, 2011, and compared with 28 cents for the same period that ended Dec. 31, 2010.

Net income for the second fiscal quarter of 2012 was $791,000, an increase of $104,000, or 15.1 percent, from the previous quarter ending Sept. 30, 2011, and a $217,000, or 37.8 percent, increase from the same period last year.

For the six months that ended Dec. 31, 2011, net income was $1.5 million compared with $1.2 million for the same period last year. Fiscal year-to-date net income per share increased by 22 percent to 72 cents compared with 59 cents for the same period last year.

Ralph J. Lober, president and chief executive officer, said results for the second quarter continued the momentum gained through fiscal 2011 and the first quarter of 2012.

Pep Boys agrees to be acquired

NEW YORK

The Pep Boys — Manny, Moe & Jack, an auto-parts chain founded more than 90 years ago, has agreed to be taken private by the investment firm The Gores Group for about $791 million.

The $15-per-share offer is a 24 percent premium to Pep Boys’ closing price Friday of $12.08. News of the acquisition sent the Philadelphia company’s shares up $2.85, or 24 percent, to close at $14.93 Monday.

Pep Boys brand recognition as well as its moderate pricing appealed to The Gores Group, said Lee Bird, managing director of operations and consumer-practice leader at The Gores Group.

The auto-parts company began in 1921 with the original Pep Boys: Emanuel “Manny” Rosenfeld, Maurice “Moe” Strauss, Moe Radavitz and Graham “Jack” Jackson. Their first store opened in Philadelphia under the name Pep Auto Supplies, according to the company’s website. Its name was changed around 1923.

Pep Boys has more than 700 locations in 35 states and Puerto Rico. There are two Mahoning Valley locations: one in Niles and one in Boardman.

Vindicator staff/wire reports