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Hilco
Hilco Global is an American financial services holding company. It operates over twenty businesses and specializes in asset valuation, advisory, monetization, and disposition services. Headquartered in Northbrook, Illinois, it has offices throughout the world and provides services to companies, their lenders and professional services advisers across a broad spectrum of business categories including retail, commercial, industrial and financial. Hilco Global delivers services focused on maximizing the value of under-performing and excess retail, consumer products and industrial inventory, real estate, intellectual property, including consumer brands, patents, and accounts receivable. Hilco Global is also considered one of the largest distressed investment and advisory companies in the world. History Hilco Global was founded in 1987 by Jeff Hecktman. Originally operating under the name Hilco Trading, the holding company was renamed in 2013, eliminating the use of the name Hil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hilco Capital
Hilco Capital is a British international company that specialises in restructuring and refinancing other companies. Notable projects Hilco has been involved with these companies, and in some cases owning and operating them for a period of time: United Kingdom * Adams Childrenswear * Allders (original store closures) * Allied Carpets * Andys Records * Bank * Beatties of London * Borders (UK) * British Home Stores (cleared stores) * Chapelle Jewellery & Watches * Clintons (294 store closures) * Courts plc * Denby Pottery Company (debt, restructuring and management buyout) * Elvi * Ethel Austin * Extreme Stores * Faith * Fashion Rocks * Focus DIY * Habitat (debt and restructuring) * HMV (purchased in 2013) * Homebase (purchased in June 2018) * Hypervalue * ILVA (UK) * JJB Sports (cleared stores) * Kwik Save * Litho Supplies * Littlewoods * Maplin (retailer) (Cleared stores) * MFI Group * MK One * Music and Video Club * Nicole Farhi (fashion label, sold in 2012) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aéropostale (clothing)
Aéropostale, also called Aero, is an American shopping mall–based retailer of casual apparel and accessories, principally targeting young adults through its Aéropostale stores. Aéropostale maintains control over its proprietary brands by designing, sourcing, marketing, and selling all of its own merchandise. The company operates Aéropostale stores in the United States and through its e-commerce site. Aéropostale's licensees operate Aéropostale and P.S. from Aéropostale locations in the Middle East, Asia, Europe, and Latin America. The first Aéropostale stores were opened in 1987 by R H Macy & Co. in Thousand Oaks, California, and in Short Hills, New Jersey. Pronunciation Many different pronunciations of the brand name have developed in the United States: arrow-PAUSE-tall, arrow-PUS-tall-ee etc.. According to a video posted by the company on YouTube, the English pronunciation is a simplified version of the French word, which means "French airmail service." In French, it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northbrook, Illinois
Northbrook is a suburb of Chicago, located at the northern edge of Cook County, Illinois, United States, on the border of Lake County. Per the 2020 census, the population was 35,222. When incorporated in 1901, the village was known as Shermerville in honor of Frederick Schermer, who donated the land for its first train station. The village changed its name to Northbrook in 1923 as an effort to improve its public image. The name was chosen because the West Fork of the North Branch of the Chicago River runs through the village. Glenbrook North High School, founded in 1952 as Glenbrook High School, is located in Northbrook. The village is also home to the Northbrook Park District, the Northbrook Court shopping mall, the Ed Rudolph Velodrome, the Chicago Curling Club, and the Northbrook Public Library. History Members of the Potawatomi tribe were the earliest recorded residents of the Northbrook area. After signing the 1833 Treaty of Chicago, the Potawatomi ceded their Illinois l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gordon Brothers Group
Gordon Brothers Group, which has its headquarters in Boston, Massachusetts, is a liquidation and restructuring firm that was founded in 1903 by Jacob Gordon. Notable liquidations *CompUSA * G.I. Joe's *KB Toys *Linens 'n Things *Music World *The Sharper Image *Anchor Blue Clothing Company (60 locations) *Hollywood Video/ Movie Gallery/ GameCrazy *Borders Group * Syms Notable restructurings *Laura Ashley plc *Polaroid brand, acquired in 2009 with Hilco Hilco Global is an American financial services holding company. It operates over twenty businesses and specializes in asset valuation, advisory, monetization, and disposition services. Headquartered in Northbrook, Illinois, it has offices th ... and sold 2017 References External links * Companies based in Boston American companies established in 1903 Financial services companies established in 1903 1903 establishments in Massachusetts {{US-finance-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Envelope Corporation
National Envelope Corporation was an American manufacturer of envelopes. National Envelope was founded in 1952 in New York, New York as the New York Envelope Company by William Ungar, who served as its chairman, president and chief executive officer. Founded with 3 machines and 5 employees, Ungar grew the business through acquisitions, the purchase of assets from bankrupt or troubled companies, and organic growth. In 2001, they had seventeen manufacturing facilities in nine states. In June 2010, NEC filed for voluntary bankruptcy under Chapter 11, Title 11, United States Code and later in 2010, it was acquired by the private equity firm Gores GroupGores Group: "National Envelope Corporation" retrieved October 19, 2013 [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phar-Mor
Phar-Mor (stylized as PHA℞-MOR) was a United States chain of discount drug stores, based in Youngstown, Ohio, and founded by Michael "Mickey" Monus and David Shapira in 1982. Some of its stores used the names Pharmhouse and Rx Place (purchased in the mid-1990s from the F.W. Woolworth Company). Low prices were advertised to bring in a large volume of sales with the slogans "Phar-Mor power buying gives you Phar-Mor buying power" and "Phar-Mor For Less." Another common slogan in their TV commercials was "Power buying saves: Save at Phar-Mor." In 1996, the Green Bay, Wisconsin-based regional discount store chain ShopKo announced a plan to merge with Phar-Mor, but withdrew from the plan a year later, citing irreconcilable differences. Business model Phar-Mor's business model was based on selling a large quantity of merchandise with a very small profit margin. Many products were shipped via direct store delivery, but some were shipped through Tamco warehouses, which Phar-Mor l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monetization
Monetization ( also spelled monetisation) is, broadly speaking, the process of converting something into money. The term has a broad range of uses. In banking, the term refers to the process of converting or establishing something into legal tender. While it usually refers to the coining of currency or the printing of banknotes by central banks, it may also take the form of a promissory currency. The term "monetization" may also be used informally to refer to exchanging possessions for cash or cash equivalents, including selling a security interest, charging fees for something that used to be free, or attempting to make money on goods or services that were previously unprofitable or had been considered to have the potential to earn profits. And data monetization refers to a spectrum of ways information assets can be converted into economic value. Another meaning of "monetization" denotes the process by which the U.S. Treasury accounts for the face value of outstanding coinage. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fletcher Jones (Australian Entrepreneur)
Sir (David) Fletcher Jones OBE (14 August 189522 February 1977) was an Australian clothing manufacturer and retailer. He is considered a pioneer in workforce participation. It has been claimed that "Arguably, no single person or firm had done more to transform and, for a time, homogenize Australian dress standards, particularly among men, than Fletcher Jones and his staff." Biography Fletcher Jones was born in Bendigo, Victoria, the son of a Cornish miner. In his childhood he had a stammer, but he practised reading aloud to manage this. He left school at age 12. He served with Australian forces in France in World War I where he suffered shell shock after being buried alive for several hours. On his return his stammer had returned, but he was determined to manage it so he commenced a door-to-door sales business in Melbourne. He then decided to become a hawker in the western Victorian region. He purchased a menswear store in Warrnambool in 1924. His business expanded, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Accounts Receivable
Accounts receivable, abbreviated as AR or A/R, are legally enforceable claims for payment held by a business for goods supplied or services rendered that customers have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes. Overview Accounts receivable represents money owed by entities to the firm on the sale of products or services on credit. In most business entities, accounts receivable is typically executed by generating an invoice and either mailing or electronically delivering it to the customer, who, in turn, must pay it within an es ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bad Debt
Bad debt, occasionally called uncollectible accounts expense, is a monetary amount owed to a creditor that is unlikely to be paid and for which the creditor is not willing to take action to collect for various reasons, often due to the debtor not having the money to pay, for example due to a company going into liquidation or insolvency. There are various technical definitions of what constitutes a bad debt, depending on accounting conventions, regulatory treatment and the institution provisioning. In the USA, bank loans with more than ninety days' arrears become "problem loans". Accounting sources advise that the full amount of a bad debt be written off to the profit and loss account or a provision for bad debts as soon as it is foreseen. Doubtful debt Doubtful debts are those debts which a business or individual is unlikely to be able to collect. The reasons for potential non-payment can include disputes oversupply, delivery, the condition of the item, or the appearance of finan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blockbuster Store Closing, Ypsilanti Township, Michigan
Blockbuster or Block Buster may refer to: * Blockbuster (entertainment) a term coined for an extremely successful movie, from which most other uses are derived. Corporations * Blockbuster (retailer), a defunct video and game rental chain ** Blockbuster (Bend, Oregon), the only remaining store of the defunct rental chain Arts and entertainment Comics * Blockbuster (DC Comics), the name of four DC Comics characters * Blockbuster (Man-Brute), a Marvel Comics character introduced in 1970 * Blockbuster (Marauder), a Marvel Comics character introduced in 1986 Music * ''Blockbuster'' (album), a 2012 album by Block B * "Block Buster!", a 1973 song by Sweet * "Blockbuster" (Enhypen song), a song by Enhypen from the 2021 album ''Dimension: Dilemma'' Television and film * ''Blockbuster'' (2018 film), a 2018 Netflix film * ''Blockbusters'' (American game show), an American game show which had two separate runs in the 1980s ** ''Blockbusters'' (Australian game show), an Australian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adviser
An adviser or advisor is normally a person with more and deeper knowledge in a specific area and usually also includes persons with cross-functional and multidisciplinary expertise. An adviser's role is that of a mentor or guide and differs categorically from that of a task-specific consultant. An adviser is typically part of the leadership, whereas consultants fulfill functional roles. The spellings ''adviser'' and ''advisor'' have both been in use since the 16th century. ''Adviser'' has always been the more usual spelling, though ''advisor'' has gained frequency in recent years and is a common alternative, especially in North America. Etymology The use of ''adviser'' is of English origin, with "er" as a noun ending, and ''advisor'' of Latin origin. The words are etymological twin cognates and are considered interchangeable. Word usage Usage of the two words is normally a matter of choice, but they should not be used together in the same document. The Associated Press prefers (A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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