January 24, 2004
On January 18, 2004; MERRY PATRICIA SIEMEN. She is survived by her son and daughter Martin Siemen and Anne Rutherford and four grandchildren. A Memorial Service will be held February 7, 2 PM at 534 Heavytree Hill, Severna Park. Send donations in her memory to Chesapeake Bay Foundation, 6 Herndon Avenue, Annapolis, MD 21403.
May 28, 1992
Merry-Go-Round Enterprises Inc., a Joppa-based clothing-store chain, reported yesterday that its first-quarter earnings dropped 18.5 percent compared with the same quarter a year ago, as a weak economy and back-to-basics fashion trends ate into sales.Budd Bugatch, institutional research director at Ferris, Baker Watts in Baltimore, said Merry-Go-Round's earnings-per-share of 13 cents were "better than what we were looking for," even though they were down from 17 cents last year. Mr. Bugatch said he had been projecting 10 cents a share for the quarter that ended May 2.The company's sales increased 9 percent, to $171.
December 25, 1990
One thing we celebrate this Christmas is that more people are joining with us, openly, than have in any Christmas in memory. This was true as well for Hanukkah. Freedom to think and pray and celebrate has penetrated to previously forbidden corners of the world.This can be chaotic. It is not immediately rewarding in a material sense. But it has let people pray, put up Christmas lights, or burn Hanukkah candles, who previously dared not.Christmas speaks to family life. In country after country, governments have withdrawn their insufferable control of that.
March 11, 1994
Merry-Go-Round Enterprises Inc., which has been in Chapter 11 bankruptcy since January, will have to wait until October to see the results of its back-to-school sales before it can formulate a reorganization plan, company officials said yesterday."
June 29, 1994
:TC JOPPA -- Merry-Go-Round's managers and some shareholders found unusual solace yesterday in a 17 percent decline in store-for-store sales so far this month, saying the large fashion retailer is showing subtle signs of recovery.Double-digit sales drops normally aren't something merchants brag about. But for Merry-Go-Round Enterprises Inc., the June figures disclosed yesterday are the best monthly results this year and, executives say, a sign of progress at the struggling chain.Last month, sales at Merry-Go-Round stores open for at least a year dropped by 24 percent compared with the previous year; in April they plunged by 35 percent.
November 13, 1994
Last week Merry-Go-Round Inc.'s board of directors interviewed four to six retail executives and turnaround managers as candidates for chief executive officer of the 1,200-store chain, according to people close to the company.Those interviewed included at least one partner in Meridian Ventures, a turnaround firm of three executives who recently completed high-profile assignments helping department store giant R.H. Macy & Co. recover from a bankruptcy filing, sources said.xTC Meridian's partners are Thomas C. Shull, former executive vice president at Macy; James Kenney, former senior vice president of corporate planning; and Gene Rohrer, who was also a senior vice president of corporate planning for Macy.