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Pillowtex Corporation
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] |
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] |
Chapter 11
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Target Corporation
Target Corporation (doing business as Target and stylized in all lowercase since 2018) is an American big box department store chain headquartered in Minneapolis, Minnesota. It is the seventh largest retailer in the United States, and a component of the S&P 500 Index. Target was established as the discount division of Dayton's department store of Minneapolis in 1962. It began expanding the store nationwide in the 1980s (as part of the Dayton-Hudson Corporation), and introduced new store formats under the Target brand in the 1990s. The company has found success as a cheap-chic player in the industry. The parent company was renamed Target Corporation in 2000, and divested itself of its last department store chains in 2004. It suffered from a massive, highly publicized security breach of customer credit card data and the failure of its short-lived Target Canada subsidiary in the early 2010s, but experienced revitalized success with its expansion in urban markets within the United ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resume ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Li & Fung
Li & Fung Limited is a Bermuda-incorporated, Hong Kong-based supply chain manager. In 2020, it was reportedly struggling to turn its century-old business around for years. On 13 February 2017, it was removed from the blue chip index: Hang Seng Index and replaced by Geely Auto. Between 2011 and 2020, it lost 95% of its market value with its turnover almost halving. The company was privatized in 2020. In 2020 the Fung family privatized the company with a 94 percent stock price loss (HKD 1.25) from its best performance back in 2011 (HKD 21.319). A massive restructuring took place after the privatization that reportedly reduced 70% of staff globally leading to employee protests at the entrance of the Hong Kong office and claims of unlawful dismissals in the Bangladesh office. The company has also been accused of not paying suppliers together with a long list of retailers. A few days prior to Li & Fung's use of a coupon step-up that was announced on August 12, 2020, Li & Fung ann ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schottenstein Stores Corp
Schottenstein is surname of: * Schottenstein's, founded in 1917 by Ephraim Schottenstein * Jay Schottenstein (born 1955), an entrepreneur from Columbus, Ohio; son of Jerome * Jerome Schottenstein (? - 1992), Jewish American entrepreneur and philanthropist ** Jerome Schottenstein Center ** Schottenstein Stores Corp., Columbus, Ohio, a holding company * the House of , a German nobility * Irving Schottenstein founder of M/I Homes from Columbus, Ohio * Gary L. Schottenstein (born 1951), Chairman and CEO of Schottenstein Real Estate Group from Columbus, Ohio; son of Irving ** (? - 1484, Nürnberg) ** (? - 1526) ** Maximilian "Max" Freiherr Schott von Schottenstein (1836, Ulm - 1917, Schloss Schottenstein ''Schloss'' (; pl. ''Schlösser''), formerly written ''Schloß'', is the German term for a building similar to a château, palace, or manor house. Related terms appear in several Germanic languages. In the Scandinavian languages, the cogna ...) :de:Max Schott von Schotten ... [...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] |
The Age Of Wal-Mart
''CNBC on Assignment'' is a series of business reports running on the TV channel CNBC started in 2005. The program's reports have included: *''The Age of Wal-Mart'', a report by David Faber about Wal-Mart *''The eBay Effect'', another report by David Faber about eBay *''NASCAR Gold'' with Dylan Ratigan *''God and Money'', about religion and money in the U.S., with Tyler Mathisen *''The Kingdom Built on Oil'', a report done by Melissa Francis about Saudi Arabia and oil production *''Rebellion in the Magic Kingdom'', report about Disney's corporate governance conflicts, with Maria Bartiromo *''Las Vegas, Inc'' with Dylan Ratigan about the businesses in and around the casinos of Las Vegas, Nevada The music for ''CNBC on Assignment'' was made by 615 Music, a company from Nashville, Tennessee Nashville is the capital city of the U.S. state of Tennessee and the seat of Davidson County. With a population of 689,447 at the 2020 U.S. census, Nashville is the most populous city in ... [...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] |
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] |
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] |
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] |
