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Circuit City Stores Inc., the brick-and-mortar retailer, may be dead. But Circuit City, the brand, is getting a second shot at life. Systemax Inc. (NYSE:SYX) has relaunched circuitcity.com after closing on its acquisition of the bankrupt retailer's brand, trademark and Web site. As we reported in April when electronics retailer...
Posted on May 27, 2009 12:25 PM
On June 2 we reported on the unique strategy being employed by the new owners of the Sharper Image brand. The brand and bankrupt assets of Sharper Image Corp. were bought by a joint venture that included the PE firms Hilco Consumer Capital and WindSong Brands, IP management specialist GB...
Posted on June 26, 2008 9:52 AM
Speakers at the Reuters Retail and Consumer Summit said retail mergers and acquisitions will crawl for about nine more months as the credit crunch takes its toll and will pick up again when financial markets are convinced most of the bad assets have been fully accounted for.A Reuters article...
Posted on June 20, 2008 3:47 PM
As The Deal's John Blakeley reported early Monday, a four-partner joint venture won the auction for bankrupt Sharper Image Corp., bidding $49 million for the specialty retailer's assets and intellectual property. While it's not unusual for firms to partner to buy assets out of bankruptcy, what is surprising is the...
Posted on June 2, 2008 2:13 PM
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