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Merchandise Mart Cuts Staff

GDA Staff -- Gifts and Dec, 8/1/2011 2:30:01 PM

Chicago - Trade show management firm Merchandise Mart Properties Inc. laid off several employees last week, the company confirmed. The number of jobs lost was not disclosed, though Crain's Chicago Business estimated it at about 50, a number Mart spokesperson Maura Bruton characterized as inaccurate.

Mark Falanga, president of MMPI, said in a statement, "The market has changed dramatically over the last few years and we have taken a fresh look at the business. MMPI is now making changes to enhance our overall efficiency while also enabling us to better serve our tenants and exhibitors and their customers. These changes will improve how we go to market and help us build a better business. Unfortunately, the changes will result in the reduction of staff. Over the last 80 years we have successfully, strategically adapted to the needs of the time. We are doing so again in order to better service our customers and position us for sustainable future growth."

Falanga was recently promoted to president of the company, following Christopher Kennedy's stepping down from the position.

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They need to bring in new vendors. The showrooms are lacking and the customers won't come anymore.The temps are lovely but not everyone is looking for handmade.I think more Made in the usa giftware, tabletop etc.
Love Atlanta and may think about doing Atlanta twice a year but those stores that can not afford that look to Chicago. I remember when vendors were filling the showrooms.
margaret legut - 2011-08-03 09:23:33 EDT

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