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Sharper Image finally goes belly-up
www.marketwatch.com ^
| 02/20/2008
| William Spain,
Posted on 02/20/2008 10:35:35 AM PST by Red Badger
SAN FRANCISCO (MarketWatch) -- After years of declining sales, The Sharper Image -- known for creature comforts and gadgets like robotic massage chairs and $170 toothbrushes -- has gone belly-up, declaring bankruptcy Wednesday. In a brief statement, Sharper Image (SHRP:
SHRP 0.41, -1.03, -71.5%) announced it had filed for Chapter 11 protection in U.S. Bankruptcy Court for the District of Delaware, but that it "intends to continue to conduct business as usual while it devotes renewed efforts to resolve its operational and liquidity problems and develops a reorganization plan."
(Excerpt) Read more at marketwatch.com ...
TOPICS: Business/Economy; Culture/Society; Miscellaneous; News/Current Events
KEYWORDS: bankruptcy; economy; overpricedgifts; sharperimage; stock
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Sayonara............
To: Red Badger
Now if they only take Brookstone with them.
To: Red Badger
Anyone else here remember a store called Ingenuities? Similar to Sharper Image.
3
posted on
02/20/2008 10:36:52 AM PST
by
Clemenza
(Ronald Reagan was a "Free Traitor", Like Me ;-))
To: Tijeras_Slim
Where else will I get my nose hair trimmer?
4
posted on
02/20/2008 10:37:09 AM PST
by
Clemenza
(Ronald Reagan was a "Free Traitor", Like Me ;-))
To: Red Badger
Chapter 11 is for reorganization. Chapter 7 would be liquidation.
They might be back.
5
posted on
02/20/2008 10:37:12 AM PST
by
Petronski
(Nice job, Hillary. Now go home and get your shine box.)
To: All
Okay.... so what does that mean for the 10-year warranty we have on our $2,000 massage chair??? *gulp*
6
posted on
02/20/2008 10:38:30 AM PST
by
awakened
(Remember -- There are no dead atheists.)
To: Red Badger
What can you get at SI that you can’t get on Amazon?
7
posted on
02/20/2008 10:38:36 AM PST
by
Atlas Sneezed
(I wish my old tagline could have defeated even more RINOs than it did.)
To: Red Badger
Good riddance. Next up: radio shack, Brookstone, and SkyMall.
Though Brookstone does make a nice wireless accuweather temperature display.
8
posted on
02/20/2008 10:38:58 AM PST
by
mbraynard
(You are the Republican Party. See you at the precinct meeting.)
To: Clemenza
Where else will I get my nose hair trimmer? Rotary or reel type?
To: Red Badger
Some cool stuff, but immensely overpriced.
10
posted on
02/20/2008 10:39:17 AM PST
by
KarlInOhio
(Rattenschadenfreude: joy at a Democrat's pain, especially Hillary's pain caused by Obama.)
To: Clemenza
To: Red Badger
It was the cumulative expense of their enormous volume of brochure mailings.
I hope.
AV
To: Red Badger
I mean ... how many people actually READ thaose airline mags? ... and the crossword is always done ....
13
posted on
02/20/2008 10:40:10 AM PST
by
knarf
(I say things that are true ... I have no proof ... but they're true.)
To: mbraynard
I got that wireless weather display at Belk’s for 15 bucks....
14
posted on
02/20/2008 10:40:35 AM PST
by
Red Badger
( We don't have science, but we do have consensus.......)
To: Red Badger
Good. No more catalogs. I don’t know how I got on their list. I never bought anything from them.
15
posted on
02/20/2008 10:41:13 AM PST
by
Fiddlstix
(Warning! This Is A Subliminal Tagline! Read it at your own risk!(Presented by TagLines R US))
To: Red Badger
Loved to look at their gadgets, but the prices always drove me away. As much as I enjoy geeking out with high-tech toys, I just couldn't justify blowing that kind of cash on those things when there are perfectly good firearms and power tools looking for good homes like mine.
16
posted on
02/20/2008 10:41:25 AM PST
by
Digital Sniper
(Hello, "Undocumented Immigrant." I'm an "Undocumented Border Patrol Agent.")
To: Beelzebubba
What can you get at SI that you can’t get on Amazon?
Taken to the cleaners......
17
posted on
02/20/2008 10:41:25 AM PST
by
Red Badger
( We don't have science, but we do have consensus.......)
To: Tijeras_Slim
You trim them? Real men grab and pull.
18
posted on
02/20/2008 10:41:36 AM PST
by
Domandred
(McCain's 'R' is a typo that has never been corrected)
To: DeFault User; Clemenza
Riding, push or tractor pulled?........
19
posted on
02/20/2008 10:42:17 AM PST
by
Red Badger
( We don't have science, but we do have consensus.......)
To: Clemenza
Where else will I get my nose hair trimmer?
John Deere..............
20
posted on
02/20/2008 10:42:44 AM PST
by
Red Badger
( We don't have science, but we do have consensus.......)
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