ROGERS, Ark., Sept. 26, 2022 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (NASDAQ:CRMT) (the "Company") today announced that Douglas Campbell will serve as the Company's President effective October 3,
Corvex Management was founded in 2011 by Carl Icahn’s former right-hand man Keith Meister, and saw its assets double by 2013. Activist investor Meister used Icahn’s philosophy of being contrarian and aggressive and he received $1 billion in seed capital from George Soros.
With food inflation still surging, up 8% for the twelve months ended August, and the Russia-Ukraine war adding to global food constraints, it's easy to see why restaurant brands and operators are experiencing diminishing margins on their bottom line.