Joan Mary Menchhofer

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first_imgThe community of Osgood lost a familiar face, Joan Menchhofer 57, passed away Wednesday February 7, at St Vincent Hospital in Indianapolis.  She was born the daughter of the late Merle and Wilma (Wagner) on September 1, 1960.  She grew up on 700 North and lived there basically her entire life.  She graduated from Jac-Cen-Del in the class of 1978, and then attended Purdue University and graduated in 1981 with a degree in Agriculture Economics.                Joan had various talents and interest.  She began to play musical instruments at an early age, it is believed she played her first mass on the organ as early as 10 or 11 years old, and did her first wedding at the age of 12.  She also played the trumpet for years, helping our local veterans honor many fallen comrades.  Joan was a dedicated person and passionate about many things.  She worked nearly 28 years with Laughery Valley Ag Co-Op, and could tell you where everything was in the farm store.                She was a lifetime member of St Maurice Catholic Church, a member of the Napoleon Lady’s Auxiliary VFW, and a proud member of the Purdue Alumni Association.  She had served for nearly 20 years as the Jackson Township trustee.  The Ripley County 4 H Fair was an area near to her heart and she dedicated much time and effort to support children.                One of her favorite memories was to recall playing for the Jac-Cen-Del Lady Eagles.  She was a proud member of the 1976-1978 varsity team.  This group of girls only lost 3 games in 3 years, the last one being as runner ups to the State title, what an amazing accomplishment!  The efforts and interest of this group, can still be felt today, as the Lady Eagles continue in their successes.                 Without a doubt was the love she had for her family, her extended family, but especially her daughters.  She was proud of who they were and enjoyed being a part of their life.  They turned her onto craft beers and having a good time, cheers to a life well lived!!!!!!                Joan was preceded in death by her parents and brother Andy.  She is survived by daughters Erin (Eric) Padgett of Osgood and Jenna of San Diego, CA., along with granddaughters Emma and Jordan.                Visitation will be held on Friday February 9, 2018 at Neals Funeral Home in Osgood from 4-7 pm., and Funeral services held on Saturday February 10, 2018 at 11:00 am. also at the funeral home.  Memorials can made out to the Ripley County 4H Corporation or the Jac-Cen-Del Scholarship Foundation in care of the funeral home.  BOILER UP!!!!!!!last_img read more

Sharper Image’s losses nearly triple in 1st quarter

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first_imgSAN FRANCISCO – Sharper Image Corp.’s losses nearly tripled during the first quarter, further underscoring the challenges facing the gadget retailer as it tries to win back estranged shoppers. The San Francisco-based company said Thursday it lost $12.6 million, or 84 cents per share, during the three months ending in April. That compared with a loss of $4.6 million, or 30 cents per share, in the same quarter last year. Sales for the period totaled $106.8 million, a 26 percent decline from $144.9 million last year. In an even more telling sign of Sharper Image’s distress, sales at stores open at least a year fell 29 percent for the quarter. To make matters worse, the comparable-store sales sagged even more during May, dropping by 36 percent compared with the same month last year. AD Quality Auto 360p 720p 1080p Top articles1/5READ MORE11 theater productions to see in Southern California this week, Dec. 27-Jan. 2The latest quarterly loss, announced after the stock market closed, was worse than the average estimate of 76 cents per share among analysts surveyed by Thomson Financial. The company’s shares dropped 26 cents to close at $12.16 on the Nasdaq Stock Exchange. Sharper Image Chairman and CEO Richard Thalheimer, who founded the company 29 years ago, has promised a rebound later this year as hundreds of new products show up at the 191-store chain. The CEO reiterated the pledge Thursday. “I’m not a soothsayer, but my prediction is we should see an improvement in the back half of the year,” Thalheimer said during a conference call with analysts. The Knightspoint Group, Sharper Image’s third largest shareholder with a 12.8 percent stake, provided Thalheimer with a vote of confidence last month when it agreed to back off a threatened mutiny in exchange for three seats on the company’s board. The truce required Thalheimer, Sharper Image’s largest shareholder with a 21 percent stake, to remove his 80-year-old father, Alan, and the company’s chief operating officer, Tracy Wan, from the board. The shake-up hasn’t impressed investors. Sharper Image’s stock price has dropped 19 percent since Thalheimer and Knightspoint Group agreed to work together on the attempted turnaround. Sharper Image’s woes exposed its dependency on an air purifying system that has declined in popularity since Consumer Reports magazine derided the product as ineffective in articles published in 2002 and 2003. The company unsuccessfully sued the magazine for libel. With its sales eroding so badly, Sharper Image has had to cut costs by laying off workers, curtailing new store openings and clamping down on advertising. The austerity program prompted Thalheimer to cut his salary in half to $495,000. As part of its turnaround efforts, Sharper Image plans to introduce 50 to 60 new products each month for the remainder of the year to give shoppers more reasons to visit to its stores and browse its mail-order catalogs. Many of the new products will carry lower prices than Sharper Image’s traditionally highbrow merchandise items, which often cost hundreds of dollars. During the past three years, Sharper Image’s product mix had become “sort of repetitive,” Thalheimer said. “We are starting to look different every day and every week.” Sharper Image already has introduced 45 new products leading up to Father’s Day – traditionally one of the chain’s busiest periods. But Wedbush Morgan Securities analyst Joan Storms doesn’t expect to see an immediate payoff, predicting Sharper Image’s same-store sales this month will drop by at least 20 percent compared with a year ago. “It’s a strong brand, but you just can’t get back shoppers overnight,” Storms said. Thalheimer on Thursday acknowledged that sales so far in June haven’t been encouraging.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more