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Press Releases |
According to Robert L. Lovitt, executive vice president for finance and administration for the University, the RFP was initiated early in January. Four management companies participated in the process; Barnes and Noble was one of two finalists and was unanimously selected by a committee composed of faculty, staff and students for a five-year contract. “In analyzing operations in the University’s finance area,” said Lovitt. “We look for ways to maximize resources available for other operations. The new management of the bookstore provides an excellent opportunity to do what is best for the University.” Lovitt added that current bookstore employees will have an opportunity to work for the new company. The bookstore uses 11 full-time budgeted employees and two part-time employees. Additional part time employees and students are hired during peak times of operation. |
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