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August 19, 2000 | Associated Press
Paul Harris Stores Inc., stung by shrinking sales in its chain of 300 apparel stores, will put its J. Peterman division up for sale in a move to ease a cash-flow crunch. Paul Harris bought Lexington, Ky.-based J. Peterman--whose poetic catalog was lampooned on the "Seinfeld" television program--for $10 million at a bankruptcy auction in March 1999. A company spokeswoman said J. Peterman's sales are up, but did not have specific figures.
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BUSINESS
August 19, 2000 | Associated Press
Paul Harris Stores Inc., stung by shrinking sales in its chain of 300 apparel stores, will put its J. Peterman division up for sale in a move to ease a cash-flow crunch. Paul Harris bought Lexington, Ky.-based J. Peterman--whose poetic catalog was lampooned on the "Seinfeld" television program--for $10 million at a bankruptcy auction in March 1999. A company spokeswoman said J. Peterman's sales are up, but did not have specific figures.
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BUSINESS
October 18, 2000
* Clothing retailer Paul Harris Stores Inc. filed for protection from its creditors under Chapter 11 of the federal bankruptcy laws so it can reorganize after a year of financial problems. The Indianapolis-based company also announced it has agreements to sell most of the assets of its subsidiary J. Peterman Co. for at least $4.3 million. * Guide to Our Staff: Need to reach Business section reporters or editors? A guide to the section's staff can be found at http://www.latimes.com/bizstaff.
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