/ E-Retailers

After failing to find a buyer or more capital, Circuit City will unplug

The multi-channel retailer, which filed for bankruptcy in November, asked a judge in the U.S. Bankruptcy Court for the Eastern District of Virginia for permission to begin liquidating the company’s assets, including closing its remaining 567 U.S. stores.

Posted 01/16/2009Katie DeatschPost a comment

/ E-Retailers

Lenox files for bankruptcy and seeks a buyer

Even century-old retailers aren’t immune to the fragile economy. Longstanding china, giftware and collectibles e-retailer and manufacturer Lenox Group Inc. has filed for Chapter 11 bankruptcy and is a seeking buyer.

Posted 11/25/2008Katie DeatschPost a comment

/ E-Retailers

Circuit City pulls the plug and files for bankruptcy

Circuit City Stores Inc. joins a growing list of retailers filing for bankruptcy. In its filing, Circuit City, which listed assets of $3.4 billion against debt of $2.3 billion, says Chapter 11 will buy it time to reorganize and improve its liquidity.

Posted 11/10/2008Katie DeatschPost a comment

Related Searches:Revolve Clothing

/ E-Retailers

Current USA acquires Lillian Vernon

Stationery and home décor retailer Current USA has agreed to purchase all assets of Lillian Vernon. The final price wasn’t set yet, says Mike Muoio, Lillian Vernon’s CEO, but a bankruptcy court filing indicates that Current’s offer was $15.8 million.

Posted 04/04/2008Katie DeatschPost a comment

/ E-Retailers

PersonalCreations.com files bid for Lillian Vernon assets

PersonalCreations has filed a “stalking horse” bid for select assets of direct marketer Lillian Vernon that could be a benchmark for other bidders. The bid was accepted by Lillian Vernon, and a Delaware bankruptcy court was to rule on the bid today.

Posted 03/14/2008Katie DeatschPost a comment

/ E-Retailers

Sharper Image files for bankruptcy protection

Just a week after firing its chief executive and appointing a new turnaround specialist as the next CEO, Sharper Image has filed for bankruptcy in Delaware. Next up: implementing a plan to improve performance, including e-commerce.

Posted 02/20/2008Bill BriggsPost a comment

Nutritional supplement maker Dr. Koop LifeCare Corp. packs it in

One week after debuting on ShopNBC where it had hoped to sell dietary products via direct TV and the web, Dr. Koop LifeCare files for bankruptcy and says it will liquidate assets.

Posted 12/20/2001Kurt PetersPost a comment

/ E-Retailers

The final final end of Garden.com

Garden.com announced it would pay shareholders what it expects to be its final liquidation payment of 4 cents a share.

Posted 11/30/2001Kurt PetersPost a comment

/ Marketing

Netcentives files for Chapter 11 reorganization

Netcentives, an e-mail marketing and loyalty company, has filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code.

Posted 10/12/2001Kurt PetersPost a comment

/ E-Retailers

Egghead gets Fry-ed

Egghead.com Inc., one of the first and most enthusiastic sellers on the web, has filed for Chapter 11 bankruptcy and agreed to sell all assets to San Jose, CA-based Fry`s Electronics.

Posted 08/16/2001Kurt PetersPost a comment