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The company had an initial public offering on March 15, 1993 and at its height had over 1,300 stores in all 50 states. PacSun opened a second chain of stores called d.e.m.o., in 2000. [7] The last of these stores closed in 2008. [8] On February 23, 2005, the company restated results for certain periods to correct its accounting for leases. [9]
8coupons was founded by Landy Ung and her boyfriend Wan Hsi Yuan in August 2007. [3] [7] [15] [16]The company was founded with $30,000 from Landy Ung's mother's fried chicken restaurant and initially relied on word of mouth to generate interest in the website. [17]
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The Off/Aisle stores were ultimately closed in 2019. [39] In early January 2017, Kohl's shares fell 19% in value, in what The Wall Street Journal said was "the stock's worst day on record," and noted that it was a noticeable exception to the overall declining volatility of the market. [40]
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