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Richard Thalheimer

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BUSINESS
April 16, 1991 | MARTHA GROVES, TIMES STAFF WRITER
Richard Thalheimer knows a thing or two about pride going before the fall. Back in 1984, his San Francisco-based Sharper Image was a fast-growing catalogue operation selling glitzy gadgets to professionals in their 30s and 40s who liked to flaunt their affluence. The company was well on its way to becoming a symbol of the greed-is-good, whoever-has-the-most-toys-when-he-dies-wins attitude of the 1980s. "I can see the future," Thalheimer boasted at the time.
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BUSINESS
April 16, 1991 | MARTHA GROVES, TIMES STAFF WRITER
Richard Thalheimer knows a thing or two about pride going before the fall. Back in 1984, his San Francisco-based Sharper Image was a fast-growing catalogue operation selling glitzy gadgets to professionals in their 30s and 40s who liked to flaunt their affluence. The company was well on its way to becoming a symbol of the greed-is-good, whoever-has-the-most-toys-when-he-dies-wins attitude of the 1980s. "I can see the future," Thalheimer boasted at the time.
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MAGAZINE
November 3, 1985 | DAVID RENSIN, David Rensin is a Los Angeles writer
What yuppies want, yuppies get--and many of them get it from Richard Thalheimer. His highly successful, executive-toy-filled catalogue, The Sharper Image, has a circulation of more than 50 million. In the late '70s, lawyer Thalheimer made his seed money selling watches to joggers. Today he heads a San Francisco-based company that this year will take in more than $100 million of the upwardly mobiles' disposable income.
MAGAZINE
November 3, 1985 | DAVID RENSIN, David Rensin is a Los Angeles writer
What yuppies want, yuppies get--and many of them get it from Richard Thalheimer. His highly successful, executive-toy-filled catalogue, The Sharper Image, has a circulation of more than 50 million. In the late '70s, lawyer Thalheimer made his seed money selling watches to joggers. Today he heads a San Francisco-based company that this year will take in more than $100 million of the upwardly mobiles' disposable income.
BUSINESS
November 9, 2006 | From Bloomberg News
Sharper Image Corp., the retailer that ousted founder Richard Thalheimer as chief executive two months ago, said that two other top executives quit. The resignations of Tracy Wan, president and chief operating officer, and Jeff Forgan, vice president and chief financial officer, are effective immediately, San Francisco-based Sharper Image said.
BUSINESS
March 27, 2007 | From the Associated Press
Struggling specialty retailer Sharper Image Corp. hired direct marketing veteran Steven A. Lightman in its latest attempt to end a bruising sales slump that has lasted for more than two years. The San Francisco-based company said Monday that Lightman would take over as president and chief executive April 9. He will also join Sharper Image's board of directors.
BUSINESS
May 3, 2003
* Wal-Mart Stores Inc. agreed to sell its McLane food distribution business to Warren Buffett's Berkshire Hathaway Inc. for about $1.45 billion. * AOL Time Warner Inc. has entered into exclusive talks to sell the Atlanta Hawks and Thrashers sports teams to Texas auto dealer David McDavid, a spokesman said. * EBay Inc. hired former White House computer-security advisor Howard Schmidt to help combat fraud as law enforcement officials boost efforts to halt online scams. * Sharper Image Corp.
BUSINESS
November 27, 1996 | Times Staff and Wire Reports
Sharper Image Corp. said its losses rose sharply in the third quarter as high paper prices forced the retailer of specialty products to curb its catalog advertising, resulting in weaker sales. Net losses widened to $1.7 million, or 20 cents a share, in the quarter ended Oct. 31, from $835,000, or 10 cents, in the year-ago period. Same-store sales, or sales from stores open at least a year, slid 12%, to $24.5 million from $27.7 million.
BUSINESS
November 19, 2004 | From Bloomberg News
Sharper Image Corp., the seller of Ionic Breeze air purifiers and other products, reported a third-quarter loss Thursday because of expenses associated with delays in moving cargo through West Coast ports. The net loss was $3.34 million, or 21 cents a share, in the period ended Oct. 31, compared with net income of $985,000, or 6 cents, in the same quarter a year earlier. Sales rose 20% to $153.6 million.
BUSINESS
April 8, 2006 | From Bloomberg News
A second group of Sharper Image Corp. investors said Friday that it might nominate new directors to help turn the gadget retailer around. The investors, including Scott Galloway of Firebrand Partners and Daniel Nir of Gracie Capital, acquired a 5.4% stake in the company and have opened discussions with management about improving the company's operations, according to a filing with the Securities and Exchange Commission.
BUSINESS
March 26, 2004 | From Times Wire Services
Sharper Image Corp., which sells personal and home electronics, Thursday reported a 35% rise in quarterly profit, boosted by strong Internet sales and soaring demand for its gadgets. The San Francisco-based chain of 149 stores also reported positive sales trends in February and March in the current quarter. For its fiscal fourth quarter ended Jan. 31, the company, whose products include massage chairs and air purifiers, earned $22.8 million, or $1.
BUSINESS
February 8, 2006 | From Bloomberg News
Sharper Image Corp., which sells products including robotic vacuum cleaners and massage chairs through its catalogs and at 190 stores, said Tuesday that Chief Executive Richard Thalheimer had agreed to a 50% pay cut this year. On Feb. 1, Thalheimer and other Sharper Image executives agreed to accept pay reductions for the year ending Jan. 31, 2007, the San Francisco-based company said in a regulatory filing. In 2005, Thalheimer earned $990,000, according to company filings.
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