Why did Zany Brainy buy a struggling $35-million company? Ask the leaders who just filed for bankruptcy — and the advisors.
The bankruptcy filing last week by Zany Brainy didn’t surprise many people. The owner of 188 toy stores, which are fixtures in suburban shopping centers, Zany went public during the heady IPO market of mid-1999 and then started to sink. It has never been profitable except during holiday season, its comparable-store sales have stunk since
The Internet hasn’t changed business as much as some would have us believe, but if you think it’s back to business as usual, think again.
Once upon a time, we were told the Net would change everything. Right. That line turned out to be warm swill, served up mostly by dotcom investors. But the idea that nothing has changed is equally flat. You can’t ignore the fact that new technologies impose new stresses upon how we
2001 is shaping up to be a banner year for aggrieved shareholders and their attorneys seeking to punish companies for alleged misdeeds.
Corporate America had hoped that the Private Securities Litigation Reform Act of 1995 would curb a flood of shareholder class-action lawsuits that were sapping coffers and tying up valuable CEO time with marathon depositions. Those hopes, as it turns out, were hopelessly naïve.
The National Economic Research Associates estimates that the number of shareholder
Revenue on your B-to-B site not as high as you hoped?
The problem could be too little product information and a poorly designed interface.
It is almost impossible to do business with most B-to-B sites. How often do the sites provide the answers to the simplest questions a business must ask before deciding on a vendor: Exactly what does the product or service do? What are the terms and conditions? What is the price?
The firm’s insights would’ve better served investors a year and a half ago
Merrill Lynch (MER, info), known for slapping buy ratings on some of the Net’s most high-flying stocks during the Internet bubble, recently came out with an interesting report that could lend some quick insight to investors in the future.
In its study of 48 businesses in the Merrill Lynch 100 index, Merrill found that the fatter a company’s corporate 10K filing, the worse
Sharing information online doesn’t necessarily endanger one’s privacy — it all depends on what kind of information and how it’s being used.
A federal judge on Tuesday provided a major victory for consumer privacy. After July 1, credit report companies will no longer be allowed to sell your Social Security number or other data in the “credit header” of your report without your consent. This is exactly how privacy should be regulated. The trafficking of sensitive