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To cut capital costs, Ruttenberg farmed out more and more of the manufacturing to nearby companies with surplus capacity.
FORBES: Indestructible
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Ruttenberg saw opportunity in lockers for police to store evidence, and in lockers that hold ski gear at winter resorts.
FORBES: Indestructible
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Ruttenberg was finally won over by Weston Presidio Capital in San Francisco, which was willing to take an operational back seat.
FORBES: Status seekers
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Harold Ruttenberg, founder and chief executive of retailer Just For Feet, Inc.
FORBES: Status seekers
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The one remaining division of American Locker Group, as Ruttenberg renamed the company, was the nation's leading maker of storage lockers for businesses and recreational locations.
FORBES: Indestructible
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Rockey, 43, turned down the Romeos but said yes to Harold Ruttenberg, founder and chairman of Just For Feet, the 352-store athletic-footwear chain based in Birmingham, Ala.
FORBES: Follow through
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That's when the board recruited an unlikely savior: ex-labor union economist Harold Ruttenberg, who suspended the dividend and sold seven divisions -- including voting machines -- to raise cash while negotiating new terms with lenders.
FORBES: Indestructible
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That's when the board recruited an unlikely savior: former labor union economist Harold Ruttenberg, who suspended the dividend and sold seven divisions -- including voting machines -- to raise cash while negotiating new terms with lenders.
FORBES: Indestructible
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Ruttenberg focused on new markets.
FORBES: Indestructible