November 9, 2006 |
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.
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.
November 27, 1996 |
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.
November 19, 2004 |
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.
April 8, 2006 |
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.
March 27, 2007 |
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.