eQuest Releases Employment Index Results for October 2011

San Ramon, CA (PRWEB) November 16, 2011

eQuest today announced its employment findings for October 2011 as published in its Employment Index, which can be viewed in its entirety at:

http://www.equest.com/news/employment-index-us/

http://www.equest.com/news/employment-index-uk/

eQuest?s US Employment Index showed continued positive movement in the recruitment space moving forward to 102.03 from 101.81. This gain was achieved in October with stronger than expected job postings but offset somewhat by increased in applicant traffic.

The number of new job requisitions was spread across a wide span of industries in the US demonstrating continued consistency of minimal but steady growth from July. The Healthcare industry showed the strongest growth through the month with a significant increase in overall job postings. Surprisingly, the real estate industry additionally showed strong growth in posting volume throughout the month. Production and manufacturing-based industries continue to occupy the bottom of the Employment Index driven by a continued lack of a significant number of new positions being added to the marketplace. Geographically, states with the highest hiring demand in September were Idaho, New Mexico and Arizona while Missouri, Mississippi and Alabama had the lowest demand for employees.

The UK index showed an expected uptick in job postings but this was reversed by a larger increase in the applicant traffic across the region. The result was a small decline in the in the UK Index from 98.92 to 98.76. Growth has remained consistent across most industries in the UK; however the results have varied greatly regionally. London continues to make the greatest gains in both posting and applicant traffic as the summer moves forward showing economic progress. Eden, East Devon and Ryedale again posted the highest level of employee demand, while Nottingham, Kingston upon Hull and Liverpool remained at the bottom of the regional list for candidate demand.

About the eQuest Employment Index

The eQuest Employment Index shows the spending patterns of the Fortune 500 as measured by job posting activity month over month. The index derives its findings from algorithms based on the supply and demand of open positions posted to the internet relative to the number of responding candidates. A target index of 100 reflects relative balance in the number of applicants vying for each open position posted. The data to create the index is derived from thousands of monthly job posting transactions. Reporting includes analysis by geography and industry segment, using the US government?s Standard Occupational Codes (SOC) in major metropolitan areas, states and over 950 job classifications.

About eQuest

eQuest provides domestic and international job posting delivery, job board management and employment marketing services. With its global reach, eQuest posts jobs to any posting destination in the world, reaching over 180 countries and territories and thousands of job posting destinations worldwide. eQuest also provides comprehensive candidate source tracking analysis for evaluating job board performance. eQuest is one of the most recognized and admired brands in the human resource industry.

http://www.equest.com

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TC Global, Inc. (Tully's) Announces Second Quarter Fiscal 2012 Financial Results

Seattle, Wash. (PRWEB) November 18, 2011

TC Global, Inc., dba Tully?s Coffee (Tully?s), a leading specialty coffee retailer, today announced its financial results for the 13- and 26-week periods ending October 2, 2011 (?Second Quarter Fiscal 2012? and ?Six Months Fiscal 2012,? respectively).

Continuing to be driven by same-store-sales increases and aggressive cost saving initiatives, Tully?s made substantial operating improvements over the prior year comparable periods during Second Quarter Fiscal 2012. For the fourth sequential quarter, Tully?s has reported a positive cash contribution from operating activities. For the Second Quarter Fiscal 2012, this positive cash contribution from operating activities was $ 49,000, and on a year-to-date basis, a total positive cash contribution from operating activities of $ 238,000. The Company has also reduced its net loss by $ 1.4 million, or 53%, to $ 748,000 in Second Quarter Fiscal 2012, compared to a net loss of nearly $ 1.6 million in the 13-week period ending September 26, 2010 (?Second Quarter Fiscal 2011?). On a year-to-date basis, the Company has reduced its net loss by $ 2.2 million, or 68%, to just over $ 1.0 million.

?Our focus continues on sales growth, expense management and operational effectiveness. Our same store sales are solid at a 5.3% increase over the same period of the prior year,? stated Scott Pearson, President and CEO of TC Global, Inc. ?We have also made some strategic real estate decisions that will have a positive impact on our results longer term.?

Tully?s finished Second Quarter Fiscal 2012 with an increase in comparable store sales of $ 433,000, or 5.3%, offset by a decrease in sales due to store closures and less retail sales to franchisees due to its outsourced warehouse and distribution arrangement, netting to an overall increase in net sales of $ 284,000 over the prior year quarterly period. This was achieved by strengthened retail operations, successful promotions, new product launches and enhanced staff training. The Company continues to evaluate its real estate portfolio and assess the need for change in light of its drive toward individually profitable retail operations.

The Company reports a slight increase in its cost of goods sold and related occupancy costs of $ 19,000, or 0.4%, to $ 4.4 million for the Second Quarter of Fiscal 2012, which constitutes a rate of 46.8% of against net sales, compared to 48% in the prior year quarterly period. This increase represents a general rise in the price of coffee beans, dairy, and other commodities that go into the products offered for sale.

?We continue to remain committed to the execution of our revenue and profitability goals that we set forth at the beginning of this fiscal year. We are very proud of the fact that we have been able to achieve significant improvements in our quarterly and year-to-date key operating metrics,? comments Pearson.

On September 27, 2011, the Company convened its annual meeting of shareholders. Due to a lack of quorum, the Company adjourned the meeting to November 15, 2011 in order to provide additional time for management to solicit proxies from the Company?s shareholders. On November 15, the meeting was reconvened but again adjourned, due to a lack of quorum, to 8:00 a.m. PST on December 15, 2011, at the Company?s corporate headquarters located at 3100 Airport Way South, Seattle, WA. No business update or presentation will be offered at this meeting, which will be reconvened only to confirm the election of the Company?s board of directors.

Additional information about Second Quarter Fiscal 2012 results is contained in TC Global, Inc.?s Quarterly Report on Form 10-Q that was filed with the U.S. Securities and Exchange Commission on November 16, 2011.

ABOUT TC GLOBAL, INC.:

TC Global, Inc., dba Tully?s Coffee, is a leading specialty coffee retailer and wholesaler. Through company owned, licensed and franchised specialty retail stores in Washington, Oregon, California, Arizona, Idaho, Montana, Colorado, Wyoming and Utah, throughout Asia with Tully?s Coffee International, and with its global alliance partner Tully?s Coffee Japan, Tully?s premium coffees are available at more than 550 branded retail locations globally, including 186 locations in the United States. TC Global also has the rights to distribute Tully?s coffee through all wholesale channels internationally, outside of North America, the Caribbean and Japan. TC Global?s corporate headquarters is located at 3100 Airport Way S, in Seattle, WA. For more information: (800) MY-TULLY or TullysCoffeeShops.com.

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