Search results
Results from the WOW.Com Content Network
DirectBuy was founded as United Consumers Club in 1971 in Merrillville, Indiana, by James L. Gagan. [2] [3] [4] It grew substantially over the years, as it franchised; at its height, the buying club had over a million members, with a peak of 167 showroom locations across North America. [5] [6] The first Canadian franchise was founded in 1996 ...
As inflation continued to rear its ugly head, consumers slashed their discretionary spending, tilting some companies to file for bankruptcy. Other brands fell victim to changing trends or even ...
Best Products – filed for bankruptcy for the second time in September 1996 [33] [34] and closed all of its stores by the following February [35] [36] Brendle's – became bankrupt and liquidated in 1996 [37] [38] Consumers Distributing – sought bankruptcy protection in 1996; Ellman's – acquired by Service Merchandise in 1985 [39] [40]
Sam's Club, a subsidiary of Walmart, closed 63 stores in 2018. Twelve of the 63 locations were expected to be converted into fulfillment centers. [265] Sam's Club locations in the United States decreased to 597. [265] Sears Holdings, the parent company of Sears and Kmart, announced plans to close approximately 150 Sears and Kmart stores in 2017 ...
Consumers Distributing sought bankruptcy protection in 1996. [4] [1] Ten years following the bankruptcy, former Consumers Distributing employee Marc King relaunched the company as an online retailer. The new Consumers Distributing website operated in the run up to the 2012 holiday season, taking orders for furniture and brand-name electronics.
In a statement Monday, the Ohio-based company said it filed for Chapter 11 bankruptcy protection and has secured $132 million in fresh funding that helps reduce its debt in half, which had ...
For premium support please call: 800-290-4726 more ways to reach us
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!