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Pillowtex
Pillowtex Corporation was a United States textile manufacturing company from 1954 to 2003. Beginning as a pillow manufacturer, the company diversified and manufactured bedsheets under various brand names. The company was officially declared bankrupt on October 7, 2003. The company liquidated over the following nine years, including machinery and brands. Origins Pillowtex was established in 1954 in Dallas, Texas, as a pillow manufacturer. Over time, Pillowtex's range of products extended to bed sheets, and mattress protectors. The company made over 10,000 products and was an industry leader in manufacturing blankets, pillows, mattress pads, and comforters. At its peak, Pillowtex operated 16 manufacturing and distribution facilities and employed over 7,650 people. Its tradenames included Beacon Manufacturing, Bigelow-Sanford, Fieldcrest Cannon, Leshner Corp. and Wiscassett Mills. Pillowtex was publicly traded on the New York Stock Exchange (NYSE) as PTX. In September 1997, Pill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cannon Mills
The Cannon Mills Company was an American textile manufacturing company based in Kannapolis, North Carolina, that mainly produced towels and bed sheets. Founded in 1887 by James William Cannon, by 1914 the company was the largest towel and sheets manufacturer in the world. Cannon remained family-owned until 1982 when it was sold to David H. Murdock. Murdock sold the company to Fieldcrest in 1985, becoming Fieldcrest-Cannon. The company was subsequently sold to Pillowtex Corporation in 1997, which entered bankruptcy in July 2003. The remaining Cannon brands were purchased by the Iconix Brand Group. History Early years and development In 1887 James William Cannon founded the Cannon Manufacturing Company in Kannapolis, North Carolina. His goal was to produce a basic textile product instead of yarn or another intermediate material. His company produced towels that were sold under the brand name "Cannon Towels". Ten years later, he opened another mill in Concord, North Carolina. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amoskeag Company
The Amoskeag Company was a privately owned American holding and operating company. It was calved off from the Amoskeag Manufacturing Company (AMC) of New Hampshire in 1925, which went bankrupt a decade later. Through its subsidiary the Pillowtex Corporation it was the last owner of the Fieldcrest Mills in North Carolina. When AMC profits declined in the mid-1920s, the Amoskeag Company was created as a shelter in order to transfer all of the profits from the manufacturing company's booming years clear both of that firm's operational needs and possible business failure. When AMC declared bankruptcy in 1936 that money was untouchable, allowing the holding company to continue unaffected. The company was reincorporated into a holding company in 1965 based out of Boston, MA. Amoskeag later merged with Fieldcrest Cannon in mid-1993, which was later purchased by Pillowtex. The Pillowtex Corporation filed a Chapter 11 bankruptcy Bankruptcy is a legal process through which people or ot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iconix Brand Group
Iconix Brand Group is an American brand management company that licenses brands to retailers and manufacturers primarily in the apparel, footwear, and apparel accessory industries. Its brands are available in such stores as Kohl's, Kmart, Sears, Macy's, Nordstrom, Target and JC Penney. History and operations The company began as Candie's, Inc., whose brand it purchased in 1993. The Bongo brand was purchased in 1998. The Badgley Mischka brand was purchased in 2004. The Joe Boxer and Rampage brands were acquired on July 22, 2005, and September 15, 2005, respectively. In 2006, the company acquired the Mudd, London Fog, Mossimo, and Ocean Pacific brands on April 11, August 29, November 1, and November 6, respectively. The company continued with acquisitions in 2007 with the purchase of Cannon, Danskin, Artful Dodger, and Rocawear brands. On November 15, 2007, Iconix bought the Starter brand from Nike. On October 27, 2009, Iconix paid $109 million for a 51% stake in urb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kannapolis, North Carolina
Kannapolis () is a city in Cabarrus County, North Carolina, Cabarrus and Rowan County, North Carolina, Rowan counties, in the U.S. state of North Carolina, northwest of Concord, North Carolina, Concord and northeast of Charlotte, North Carolina, Charlotte and is a suburb in the Charlotte metropolitan area. The city of Kannapolis was incorporated in 1984. The population was 53,114 at the 2020 United States census, 2020 census, which makes Kannapolis the List of municipalities in North Carolina, 19th largest city in North Carolina. It is the home of the Kannapolis Cannon Ballers, the Low-A baseball affiliate of the Chicago White Sox, and it is the hometown of the Earnhardt racing family. It is also the headquarters for the Haas F1 racing team. The center of the city is home to the North Carolina Research Campus, a public-private venture that focuses on food, nutrition, and biotech research. History Name Early meaning and usage of the city's name was a direct reference to Cannon Mill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NewsBank
NewsBank is a news database resource that provides archives of media publications as reference materials to libraries. History John Naisbitt, the author of the book ''Megatrends'', founded NewsBank.Andrews 1998, p. 17. The company was launched in 1972. NewsBank was bought from Naisbitt by Daniel S. Jones, who subsequently became its president. Naisbitt left NewsBank in 1973.McClellan 1987, p. 87. In 1983, NewsBank acquired Readex. With the completion of the merger, NewsBank had acquired one of the earliest organizations in America to archive microform. In 1986, NewsBank had one hundred employees in-house. Another one hundred employees worked from home and traveled to the company's headquarters, bringing back newspapers to their residence from there, and then coming back to the company with indexed information on these publications. The company's headquarters in 1986 was in New Canaan, Connecticut.Andrews 1998, p. 18. Chris Andrews was brought on in 1986 as product manager for CD ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Carolina
North Carolina () is a state in the Southeastern region of the United States. The state is the 28th largest and 9th-most populous of the United States. It is bordered by Virginia to the north, the Atlantic Ocean to the east, Georgia and South Carolina to the south, and Tennessee to the west. In the 2020 census, the state had a population of 10,439,388. Raleigh is the state's capital and Charlotte is its largest city. The Charlotte metropolitan area, with a population of 2,595,027 in 2020, is the most-populous metropolitan area in North Carolina, the 21st-most populous in the United States, and the largest banking center in the nation after New York City. The Raleigh-Durham-Cary combined statistical area is the second-largest metropolitan area in the state and 32nd-most populous in the United States, with a population of 2,043,867 in 2020, and is home to the largest research park in the United States, Research Triangle Park. The earliest evidence of human occupation i ... [...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] |
The Charlotte Observer
''The Charlotte Observer'' is an American English-language newspaper serving Charlotte, North Carolina, and its metro area. The Observer was founded in 1886. As of 2020, it has the second-largest circulation of any newspaper in the Carolinas. It is owned by Chatham Asset Management. Overview ''The Observer'' primarily serves Charlotte and Mecklenburg County and the surrounding counties of Iredell, Cabarrus, Union, Lancaster, York, Gaston, Catawba, and Lincoln. Home delivery service in outlying counties has declined in recent years, with delivery times growing later as the paper has outsourced circulation services outside the primary Charlotte area. Circulation at ''The Charlotte Observer'' has been declining for many years. The period of May 2011 showed that ''Charlotte Observer'' circulation totaled 155,497 daily and 212,318 Sunday. 2017 Print Circulation Daily: 69,987 and Sunday: 106,434. The newspaper has an online presence and its staff also oversees a NASCAR news we ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, and as Flipkart Wholesale in India. It has wholly owned operations in Chile, Canada, and South Africa. Since August 2018, Walmart held only a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company's shares, and p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of America
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank was founded in San Francisco. It is the second-largest banking institution in the United States, after JPMorgan Chase, and the second largest bank in the world by market capitalization. Bank of America is one of the Big Four banking institutions of the United States. It serves approximately 10.73% of all American bank deposits, in direct competition with JPMorgan Chase, Citigroup, and Wells Fargo. Its primary financial services revolve around commercial banking, wealth management, and investment banking. One branch of its history stretches back to the U.S.-based Bank of Italy, founded by Amadeo Pietro Giannini in 1904, which provided various banking options to Italian immigrants who faced service discrimination. Originally headquartered ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CNBC
CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk shows, investigative reports, documentaries, infomercials, reality shows, and other programs at all other times. Along with Fox Business and Bloomberg Television, it is one of the three major business news channels. It also operates a website and mobile apps, whereby users can watch the channel via streaming media, and which provide some content that is only accessible to paid subscribers. CNBC content is available on demand on smart speakers including Amazon Echo devices with Amazon Alexa, Google Home and app devices with Google Assistant, and on Apple Siri voice interfaces including iPhones. Many CNBC TV shows are available as podcasts for on-demand listening. Graphics are designed by Sweden-based Magoo 3D studios. CNBC is a divisi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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