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World's Largest Chain Struggling
March 4, 2008
Where there is great love there are always miracles.
-Willa Cather
Newspapers in Australia were abuzz last week with stories about the crisis at Brisbane-based ABC Learning Centres. When ABC reported poor financial results in its half-yearly profit report, the value of its stock plummeted by 43% before trading was suspended.

ABC operates over 2000 centers in Australia, New Zealand, Singapore, the United Kingdom, and the United States. Its 1000 centers in the U.S. are operated under the brand Learning Care Group.

Reports are circulating ("Groves May Be Forced to Sell Kindies," The Australian, February 28, 2008) that ABC owner Eddy Groves has appointed Goldman Sachs to negotiate the sale of its holdings in the United Kingdom and the United States. Stay tuned.


For 10 years Exchange magazine has conducted an annual survey of fees charged for child care services. Today we are launching the 2008 survey. We urge you to participate in this anonymous survey. In the Exchange Insta Poll you can report your weekly fees and learn about the average weekly fees for different age groups state-by-state and province-by-province.

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Discover All That Bright Horizons Has to Offer You!
At Bright Horizons early care and education centers, we provide employees with a positive work environment, a unique culture, and unmatched career opportunities throughout the country. Learn more about exciting child care center director positions now available in New York City, Connecticut, and California.


Comments (1)

Displaying 1 Comment
Sarah Atkins · March 04, 2008
Kids Paradise Child care
Victoria, Australia


yEAH



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