May Mag Preview: Update on Trade Show Tax Write-Offs

05/06/2022

In the next few days, the May issue of Textile Services will arrive in laundry operator in-boxes and homes. A key topic for this month’s issue concerns the upcoming Clean Show and what new tax breaks or restrictions the Internal Revenue Service (IRS) has implemented since the 2019 show in New Orleans. Last year’s Clean Show was canceled due to the COVID-19 pandemic.

Ability to Hire and Retain Employees Hurting Industry Recovery

05/07/2021

A consistent theme at TRSA’s recent Town Hall discussions, Market-Specific Roundtables, and other visits with members has focused on both the positive momentum of the reopening economy and the struggle to find and retain employees. This was even more evident as TRSA staff members visited with more than 20 members during the association’s recent seven state, 2,600-mile Reopening Tour. Regardless of geography, market sector or size, and whether an operator or supplier partner, the labor shortage presents a real challenge and risk to recovery.

VF Promotes Puckett to CFO

04/23/2021

VF Corp., Denver, recently announced that it promoted Matt Puckett to executive vice president and CFO. Puckett will report to VF CEO Steve Rendle and serve on the company’s executive leadership team, according to a news release.

Baird Gives Industry Economic Update

04/15/2021

Using data from the Robert W. Baird & Co. and TRSA First-Quarter 2021 Uniform & Linen Rental Survey as well as the latest key economic indicators, a pair of Baird analysts gave an assessment of the state of the linen, uniform and facility services industry during TRSA’s recent webinar presentation, titled “Textile Services Market Forecast.”

Congress Reaches Agreement on COVID Relief Package

12/21/2020

The House and Senate recently passed a $900-billion pandemic relief package aimed at boosting the U.S. economy into the early spring, which is combined with $1.4 trillion to fund regular government operations for the rest of the fiscal year. President Donald J. Trump (R) signed the bill into law on Dec. 27.

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