Product Mart

Product Mart is a Jesstopian Retail Corporate Giant in Jesstopia. Product Mart is a chain of Supermarkets that sell everything from clothing to food, as well as camping and hunting equipment. The company is globally known and the company operates mainly in the United States Of Jesstopia. There are currently 8.2 Million Associates and Employees. The company started out as a mom and pop idea, but quickly grew into a corporate idea. Product Mart was formed, and the era of Corporate growth in Jesstopia began to change again. The company commenced operations on September 1, 1998.

## Important Information

Product Mart's Current Logo As Of August 6, 2020

## Business Specifications

### Services Provided

* Bottle Returns
* Vision Centers
* Auto Centers

### Sub-Services

* Product Mart Go
* Product Mart Express
* Westley's Home Grocers

## History

Product Mart was founded on September 1, 1998, by Jeffery Predicott, a Jesstopian Businessman, Business Executive and Entrepreneur. Product Mart is the Largest Retail brand within the United States Of Jesstopia.

## Chief Executive Officer

Ronald Chlabowy has served as the current Chief Executive Officer(CEO) Of Product Mart since October 1, 2021.

## Company CEO's

* Jeffery Predicott(Founder) - Served as President and CEO From September 1, 1998 - March 1, 2005.
* Nick Burwell - Served as President and CEO From March 5, 2005 - March 1, 2019
* Thomas Cooke- Served as President and CEO from March 1, 2019 - May 16, 2020
* John Mallone - Served as President and CEO from May 16, 2020 - October 1, 2021
* Ronald Chlabowy - Has served as President and CEO since October 1, 2021.

## Product Mart Business Complex

Product Mart announced that its official headquarters collectively known as Product Mart Business Complex's construction would begin on May 14, 2021. Product Mart Chief Executive Officer John Mallone announced the plans on April 25, 2021.

Product Mart Business Complex will be the official center for Product Mart Holdings Inc's brand headquarters. The Complex will have over 55 buildings, each with its different uses. The project is estimated to be completed by the end of 2022[Citation Needed].

### Construction and Cost

According to Product Mart, the Business Complex will cost J 48.9 Million, as of May 16, 2021. The complex's construction will be broken down into 4 phases, each lasting 6 months each[Citation Needed]. Product Mart will update the corporate website.

#### Delays Of Construction

Construction on Product Mart's Business Complex was halted on May 18, 2021 due to positive COVID-19 cases were discovered by Jessy's Construction Co.

## Announcements/News

* On May 6, 2021, **Product Mart** Announces Several Product Mart products are going to be removed from shelves within the May-August Time Frame.
* On May 14, 2021, **Product Mart** begins construction on Product Mart Business Complex.
* On May 15, 2021, **Product Mart** Announces it is going to reopen Westley's Home Grocers' Stores.
* On July 14, 2021, **Product Mart** CEO John Mallone, announced Product Mart would be changing its web-hosting platform and transitioning its existing sites to the new platform by August 2, 2021.
* On July 25, 2021, **Product Mart** announced that Ronald Chlabowy will be taking over as **Product Mart’s** Chief Executive Officer.
* On August 15, 2021, **Product Mart** announced that customers would no longer be required to where face coverings.
* On August 17, 2021, Product Mart reported that Ronald Chlabowy could be taking over as the Chains Chief Executive As Soon As October 1, 2021.
* On August 18, 2021, **Product Mart** CEO John Mallone announced that his resignation would become effective on October 1, 2021.
* On October 1, 2021, Ronald Chlabowy became the 5th CEO Of Product Mart.
* On October 24, 2021, Product Mart Store 1501 was bombed.
* On January 16, 2022, Product Mart announced that Product Mart Go would cease operations on March 1, 2022.
* On July 21, 2022, Product Mart Store 1430 was bombed killing 9 people.
* On July 23, 2022, Product Mart announced that Store 1430 would be permanently closed and torn down.
* On October 14, 2022, Product Mart announced that the official July 2022 Bombing Memorial's plans were approved and construction would begin the following week.
* On November 3, 2022, Product Mart announced that it began restructuring the administrative team. It also announced that a hourly rate increase to 17.25 per hour was in the works.
* On November 16, 2022, Product Mart announced that it would begin mass layoffs as cyber attacks have crippled the distribution sector of its services. Product Mart offered severance packages, and according to the company, only 22% of employees accepted. It announced that it would begin laying off non-essential staff and employees.
* On December 13, 2022, Product Mart announced that Fulfillment Centers would begin resuming operation as networks came back online. Distribution Center associates are being advised to return to work on January 5, 2023.
* On January 5, 2023, Product Mart announced that Fulfillment Center and Distribution Center associates and employees would be fully back to work by January 8, 2023. The company said that it was mandating a return to work.
* On January 24, 2023, Product Mart was named in a lawsuit, filed by Mesa Attorney General Brittany Martin, due to its handling of Layoffs after being attacked by cyber criminals. The AG's office will conduct a full investigation.
* On March 11, 2023, Product Mart announces the firing of its Chief Operations Officer, Joseph Richards, after child pornography was found on his computer, and genital pictures were sent to female coworkers. The company cut all ties with the former company executive.
* On March 13, 2023, Product Mart appoints Mark Garlow, its brand new Chief Operations Officer. His role begins on March 15, 2023.
* On July 15, 2023, Product Mart announces that its Board Of Directors and shareholders voted to end the Employee Education Fund(EEF) program. The program was discontinued in an effort for Product Mart to pay back its investors after November 2022's cyber attack.
* On September 26, 2023, Product Mart announces that it will be ending employee attendance points starting June 1, 2024, as it continues struggling to find employees.

## External Resources

* Shop Product Mart Today
* Visit Product Mart's Corporate Website
* Product Mart Career Website
* Product Mart History Website

## References

1. ↑ Business Complex Construction Delayed - *Retrieved May 19, 2021*
2. ↑ Product Mart To Refresh Its Product List- *Retrieved May 6, 2021*
3. ↑ Construction Starts At Product Mart's Business Complex - *Retrieved May 15, 2021*
4. ↑ Product Mart Towers Official Website - *Retrieved May 15, 2021*
5. ↑ Product Mart To Reopen Westley's Home Grocers - *Retrieved May 15, 2021*
6. ↑ Product Mart To Transition Websites To New System - *Retrieved July 14, 2021 from Corporate | Product Mart*
7. ↑ Ronald Chlabowy Selected As New PM CEO - *Retrieved July 26, 2021, Product Mart Corporate Website*
8. ↑ *Product Mart Lifting Mask Mandate For Customers Only - Retrieved August 17, 2021, from Product Mart Corporate*
9. ↑ *“Ronald Chlabowy May Begin Role As Product Mart’s CEO, Sooner Than Expected” - Retrieved August 17, 2021, from News Jesstopia.*
10. ↑ *CEO Mallone: “I Will Officially Resign As Product Mart’s CEO, Effective October 1, 2021” - Retrieved August 18, 2021, from News Jesstopia.*
11. ↑ *John Mallone To Resign On October 1 - Retrieved August 21, 2021, from Product Mart Corporate*
12. ↑ *Ronald Chlabowy Replaces John Mallone As Product Mart's 5th CEO - Retrieved December 19, 2021*
13. ↑ *Bomber Kills 10, Hundreds More Injured At Product Mart Store 1501 - Retrieved December 19, 2021*
14. ↑ *Product Mart To End Product Mart Go Service - Retrieved January 16, 2022*
15. ↑ *9 People Killed In A Product Mart Bombing This Afternoon - Retrieved September 5, 2022*
16. ↑ *Days After Bombing, Product Mart Permanently Closes Store 1430 - Retrieved September 5, 2022*
17. ↑ *Product Mart Approves Plans For Memorial, To Start Construction Next Week - Retrieved October 14, 2022*
18. ↑ *Product Mart To Start Administration Restructuring*
*- Retrieved November 3, 2022*
19. ↑ *Product Mart Corporate: Layoff's - Retrieved December 13, 2022*
20. ↑ *PRODUCT MART LAYOFFS: The Product Mart Layoffs Are Now Over, Associates And Employees To Return* - *Retrieved January 6, 2023*
21. ↑ *Product Mart Is Being Sued By Mesa's Attorney General - Retrieved January 25, 2023*
22. ↑ *Product Mart Fires COO Joseph Richards After Child Porn Found On Company Computer - Retrieved March 13, 2023*
23. ↑ *Product Mart Names Mark Garlow Its New Chief Operations Officer - Retrieved March 13, 2023*