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Jeans Maker True Religion Files For Chapter 11 Bankruptcy

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Premium jeans brand True Religion has filed for bankruptcy for the second time in three years, according to court filings. But the brand’s presence in other struggling stores like Macy’s and Neiman Marcus has not helped its standing as of late, a Bloomberg report noted.

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Groupon Gets New Activist Investor

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The filing said that Merage will possibly engage in discussions with the board of directors, as well as discuss capitalization, ownership structure and board compensation or operations — and could potentially buy more shares. He is also seeking a seat on Groupon’s board. Groupon was MIG Capital’s largest stake in a previous SEC filing.

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Best Buy’s Board Loses Former CEO

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Anderson has a long and winding history with Best Buy , assuming the roles of president and chief operating officer from 1991 to 2002, when he moved a few rungs up the ladder to CEO, where he remained until 2009.

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Cosi Files For Bankruptcy

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We believe this process will allow the company to right-size its balance sheet, reduce its debt and focus on improving the business and stabilizing the brand,” Bennett added. Cosi has been traded on the Nasdaq since 2002 and saw its share price peak at around $40 per share in 2006.

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Wayfair’s Way Forward In A Crowded Field

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So small, in fact, that when it first started in 2002, the entire operation fit easily into the spare bedroom of Co-founder Steve Conine’s Boston home. Probably a wise decision, since all of those brands have dramatically upped the level of the home game in the last 18 months. As of today, that one-room idea has grown to $6.6

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Walmart May Be Looking To Sell Off Its Japanese Business

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Walmart has been operating in Japan for the last 16 years — a time described as “tumultuous” by the Financial Times ( FT ). Walmart first purchase Seiyu in 2002, but has faced difficulties gaining traction in the extraordinarily challenging Japanese market. As Walmart is refocusing its efforts in the U.S.

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Why The Sweet Smell Of Tech Success Can Be Rife With Failure

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Microsoft was incredibly confident in the product, as were many big names in the early 2000s market: Acer, Compaq, Fujitsu and Toshiba all promised to put out versions of the Microsoft Tablet PC by 2002. ” That is not quite how the story turned out. .” ” That is not quite how the story turned out. The Famicom Console.

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