Word: stannett
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Dates: during 2000-2009
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Nevertheless, the team behind our local outpost of Herrell’s wants to reassure the community that they are here to stay. “This is a metamorphosis,” said Jeffrey Stannett, president of Leamil Corporation, which owns the franchise. Taking Herrell’s place is First Printer Restaurant Bar and Grill, which will be led by Stannett and the same management that currently operates the store...
Despite Herrell’s loyal following, it received a debilitating blow when a new competitor arrived on Massachusetts Avenue in 2007. “We lost about 25% of our business to J.P. Licks,” said Stannett. “Also, our business model in this high rent environment is not viable...
Nonetheless, Stannett and his team intend on bouncing back bigger and better. “The articles you’ve read in the papers are inaccurate—this isn’t the end,” said Batzell. “We’re changing, we’re developing into something...
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