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Posts tagged as “black businessmen”

Rival Gang Members Malachi Jenkins and Roberto Smith Quit Banging, Create Catering Business Trap Kitchen LA

By goodblacknews on March 10, 2016
trap-kitchen-LA
Malachai Jenkins and Roberto Smith (CREDIT: Instagram)
article by Shenequa Golding via vibe.com
Malachai Jenkins and Roberto Smith at one point would’ve never saw eye-to-eye. Both LA natives pledged their allegiance to rival gang members, Jenkins a Crip and Smith a member of the Bloods. But after years of gang banging, Jenkins grew tired of the dangerous life.
“All money isn’t good money, Jenkins said. “[Selling drugs] worked for me for a little while until it started to get me into trouble, so I had to find something legit to do.”
Jenkins then enrolled into the famed culinary school Le Cordon Bleu, and from there things began to change. A mutual friend introduced Jenkins to Smith and the two became fast comrades. Upon finishing his courses, Jenkins, who also goes by the name Chef Spanky, began cooking meals and posting the finishing product on Instagram. Soon, people started placing orders and slowly, their catering business Trap Kitchen LA was birthed.
“The gang stuff, the shootings, now that I’m in this kitchen, I don’t go through none of that,” Smith said.
The way it works is Jenkins puts the daily menu on Instagram and people then place their orders. The men make everything from the simple and comforting chicken and waffles to the popular and more decadent $25 Pineapple Friday dish which is made up of King Crab, lobster, jumbo shrimp and salmon over white rice covered in Teriyaki Sriracha sesame seeds and green onions placed inside an actual pineapple. Whatever your stomach desires, the gentlemen of Trap Kitchen LA will serve you.
To see original article, go to: http://www.vibe.com/2016/03/rival-gang-members-trap-kitchen-la/

J.C. Penney Names Home Depot Executive Marvin Ellison as Its Next Chief

By goodblacknews on October 14, 2014

Screen Shot 2014-10-14 at 1.30.26 PMJ. C. Penney on Monday named a Home Depot executive, Marvin Ellison, as president and as its next chief executive, tapping a seasoned retail hand as it struggles to assure investors that a nascent turnaround after two years of heavy losses will be lasting.
Mr. Ellison, currently executive vice president for stores at Home Depot, will join Penney on Nov. 1 and will also be a board member, the company said. He will succeed Myron E. Ullman III as chief executive on Aug. 1, 2015, when Mr. Ullman will become executive chairman for one year — a carefully coordinated handover that appeared to stress stability and continuity after a rocky succession at the retailer last year.
Penney’s losses have slowed under Mr. Ullman. But Mr. Ellison, 49, is now charged with expanding the retailer’s business — a tough task in a market under siege by “fast fashion” juggernauts like H&M and Forever 21 and online retailers, as well as reinvigorated rivals like Macy’s and T.J. Maxx.
Mr. Ellison’s background suggests he will start with the fundamentals. An operations expert who oversaw Home Depot’s 2,200 stores in the United States, Mr. Ellison led a largely successful bid to cut costs and raise store productivity at Home Depot, analysts noted. Before his 12-year tenure there, Mr. Ellison served for 15 years in various positions at Target.
“Over the course of his career, he has proven his ability to produce results by improving operations, building customer loyalty, and motivating his teams,” Mr. Ullman said of Mr. Ellison in a news release. For his part, Mr. Ellison said that Penney was “moving in the right direction” and that as chief executive he would focus “on positioning the company to compete in a rapidly changing retail environment.”
Penney has been trying to chart a growth path by undoing many of the changes introduced by its former chief, Ron Johnson, who was hired from Apple to try to inject pizazz into the 112-year-old Penney. When his turnaround bid — built on a strategy that stressed designer boutiques and fewer discounts — backfired, and saddled Penney with heavy losses, the company abruptly fired Mr. Johnson and brought back Mr. Ullman, who had led the chain from 2004 to 2011.