From Deseret News archives:
Deseret Book buys 2 top competitors
Covenant, Seagull bought without layoffs or closures
- Page:
- < Previous
- 1
- 2
Looking at Seagull and Covenant, Dew said Deseret Book saw a way to reach more customers and a wider market.
"We knew Covenant well, because they've been our competitors for years," Dew said. "They're strong, and they've tended to be strong where maybe we're not as strong. Each of us has our unique strengths, and this (deal) allows us to expand our ability to reach a broader array of customers, both as a publisher and a retailer."
For Seagull or Deseret Book customers concerned about what effect the acquisition will have on the operations at the respective companies, Dew and Kofford sent their assurances.
"Why would we buy them, only to change them and have them be us?" Dew said. "For those who like Seagull, I'm happy to reassure them that Seagull will be Seagull, and that's just how it is. We're certain that there's a place in the market for both (Seagull and Deseret Book, Covenant and Deseret Publishing), and that they'll both do very well."
"I don't see that there will be any change" in terms of operations or product quality, he said. "I've built a really strong management team in each of the companies, and they're staying in place in the same facility. It will be business as usual."
As for Kofford? He'll be concentrating on other things.
"I'm going to work hard at being a full-time grandfather," he said. "I have 25 grandchildren."
Deseret Book, like the Deseret Morning News, is a wholly owned subsidiary of Deseret Management Corp., the holding company for businesses owned by the LDS Church.
E-mail: jnii@desnews.com
- Page:
- < Previous
- 1
- 2
Recent comments
I'm not surprised. Historically Deseret Book has not met competition...
JessF | Sept. 5, 2008 at 9:04 a.m.
- Gifts for gamers 5:27 p.m.
- Acquired immunity may not help 5:15 p.m.
- Mitchell called intelligent, controlling 5:11 p.m.
- Many count pennies in recession 5:09 p.m.
- Clinton class sweet on candy 5:06 p.m.
- Alta rejects canyon subdivision 3:33 p.m.
- Adult sports leagues offered 3:19 p.m.
- Oil prices spike 3:06 p.m.
- Stocks turn higher 3:03 p.m.
- Nature's Way leaving Utah County 3:02 p.m.
- Hall mouths off about hate of Utah
893 - Cougars beat Utes in overtime
481 - Max Hall issues apology
360 - Hall reprimanded by MWC
290 - Hall's pain reflects self-betrayal
281 - Utes won't respond to Hall
195 - BYU is champion of the state
140 - Man trapped in Nutty Putty cave dies
121 - Cave to be sealed with body inside
119 - Rivalry Week is highly profane
91
If you wait until Cyber Monday to shop, you may miss some hot deals.
Pagan | 1:45 p.m. Martin Luther King was a Republican. Go ahead... google...
i don't believe the story about the beer. not at all, not one bit. i won't...
re: Moral values in both parties | 2:06 p.m. Nov. 30, 2009 //Take a look...
This stuff is all idiotic. This woman's father (MITCHELL) is NO PROPHET! I am...
Why? Because he dishonored the entire program by his tirade and went against...
Christy, You answered your own question. You made Mr. Obama god. You...
Its never too late to come back west. BYU still has a scholarship waiting for...
There seems to be a common misconception that insanity equally affects all of...
Very interesting article. I wonder if we will start to see a shift in how...
The picture of coach Whittingham's daughter sheds a thousand words......

