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Sharper Image

July 8, 2006 | From the Associated Press
Electronics retailer Sharper Image Corp. agreed Friday to stop selling personal breathalyzers and pay $1.2 million in restitution as part of a settlement regarding the devices. The company incorrectly claimed the digital breath alcohol testers were accurate to 0.001 of a percentage point of blood-alcohol content, according to tests by San Diego's Consumer Protection Unit. Sharper Image also agreed to pay $100,000 in penalties for inaccurately advertising the effectiveness of the testers.
August 14, 2012 | By Amina Khan, Los Angeles Times
After surviving a planned four-day "brain surgery" operation, the most advanced rover yet sent to Mars will take its first drive next week, NASA scientists said Tuesday. The Mars Science Laboratory rover, nicknamed Curiosity, had been stretching its limbs and checking out some of its cameras since it touched down on the Red Planet's surface Aug. 5. This weekend, engineers at Jet Propulsion Laboratory in La CaƱada-Flintridge installed fresh software that will arm the rover with the know-how to do its job on Mars.
October 10, 2007 | From Times Wire Services
Sharper Image Corp., the electronics retailer that restated earnings after an investigation into stock options grants, said chief accounting officer Daniel W. Nelson had stepped down. Rebecca Roedell, chief financial officer, will serve as interim accounting chief, the San Francisco-based company said in a U.S. regulatory filing.
January 16, 2011 | By Robert Lloyd, Los Angeles Times Television Critic
I watch TV on a 20-year-old, 21-inch Panasonic television set with a single RF input into which I run a DVD player, a VHS machine and a cable box chained in sequence. It is the only television in the house, though sometimes I do watch things online ? on an even smaller screen, a 15-inch cathode-ray computer monitor of no certain age (though it has survived more than one CPU). The Panasonic has never given me a lick of trouble, and although I am sure that the mere writing of those words guarantees its failure in the near future, I have no plans to upgrade until that happens.
May 23, 2003
* of San Francisco said first-quarter net income was $682 million, or 5 cents a share, compared with $149 million, or 1 cent, a year earlier. Sales rose 27% to $119.8 million.
April 24, 2008 | From Times Wire Services
Sharper Image Corp. put itself up for sale, two months after filing for Chapter 11 bankruptcy protection. The retailer of high-end gadgets and appliances said a sale was the best route, in light of the weak U.S. economy and credit crunch. The company said it wanted to complete the sale by the end of May and would prepare for an auction as soon as possible.
November 11, 2004 | From Bloomberg News
Consumers Union, publisher of Consumer Reports magazine, won the dismissal Wednesday of a lawsuit filed by Sharper Image Corp. that claimed product reviews contained misleading and false statements about the Ionic Breeze Quadra air purifier. U.S. District Judge Maxine Chesney in San Francisco granted Consumers Union's motion to dismiss Sharper Image's suit as an attempt to chill free speech in connection with a public issue.
November 22, 2002 | Delbert Ellerton, Bloomberg News
Sharper Image Corp.'s third-quarter loss narrowed as the specialty electronics retailer had fewer promotions and opened more stores, boosting sales. The net loss shrank to $493,000, or 4 cents a share, from $3.82 million, or 32 cents, in the year-earlier quarter, the San Francisco-based company said in a statement. Sales in the quarter ended Oct. 31 rose 38% to $106.1 million.
September 19, 2006 | From the Associated Press
Sharper Image Corp. said Monday that it expected to restate financial results for its last three fiscal years and would miss the deadline for reporting results for its latest quarter, joining a growing list of firms grappling with mishandled stock options. The San Francisco-based retailer of electronics and gadgets expects to revise its results for the three-year period ended Jan. 31 to reflect a charge for options issued in 1998 and 1999.
August 20, 2004 | From Bloomberg News
Sharper Image Corp., the seller of products such as Ionic Breeze air purifiers and robotic vacuum cleaners, said Thursday that fiscal second-quarter profit fell 16%. The company also lowered its earnings forecast for the year. Net income in the period ended July 31 fell to $676,000, or 4 cents a share, from $808,000, or 5 cents, a year earlier, the San Francisco-based company said.
January 20, 2010 | By Sam Farmer, On The NFL
What the New Orleans Saints need to do to defeat the Minnesota Vikings in Sunday's NFC championship game (3:30 p.m. PST, Ch. 11): Help on the edges For the most part the Saints did a good job of protecting Drew Brees this season, and he gets rid of the ball quickly, which always helps. But now they're facing a team that led the NFL with 48 sacks this season, and that's not counting the six times they got to Dallas' Tony Romo last Sunday. The Saints have done a better job in protection against a 4-3 defense than a 3-4, and the Vikings run a 4-3, so that's good news for New Orleans.
May 31, 2008 | From Bloomberg News
Sharper Image Corp., the 31-year-old retailer that filed for bankruptcy protection in February, won permission to sell all its assets to liquidators for as much as $50.5 million. A U.S. Bankruptcy Court in Wilmington, Del., on Friday approved results of an auction won Thursday by a joint venture between affiliates of Hilco Merchant Resources and Gordon Bros. Group. The buyer "will start liquidation sales tomorrow," Harvey Miller, a lawyer for Sharper Image, said in court. Sharper Image filed for bankruptcy protection with plans to shut about half of its 184 stores and reorganize.
May 15, 2008 | From Reuters
Bankrupt retailer Sharper Image Corp. will be sold to a joint venture of private investment groups, the groups said Wednesday. The joint venture led by Toronto-based investment firm Hilco Consumer Capital and a unit of Boston-based liquidation firm Gordon Bros. said it had won its so-called stalking-horse bid for the retailer of high-end gadgets and appliances.
March 22, 2008
Gift cards: The Business section ran an outdated wire service article Tuesday that said Sharper Image had stopped accepting its gift cards after the retailer sought bankruptcy protection. Sharper Image resumed honoring gift cards, with restrictions, on March 6.
March 18, 2008 | From the Associated Press
You know that Sharper Image gift card you got for Christmas? Right now, it's worthless. And other gift cards in your wallet could lose their value too. As retailers file for bankruptcy protection or go out of business, more than $75 million in gift cards are at risk of becoming worthless pieces of plastic. "If I knew this was going to happen, I would have used them right away," said Jon Tapper, a public relations executive in Boston who received two Sharper Image cards as business gifts just a few weeks ago. Their total face value is $50. "I love gift cards, but now this makes me think twice."
February 21, 2008 | From the Associated Press
A weak holiday season and a struggling economy have led Sharper Image Corp. and Lillian Vernon Corp. to file for Bankruptcy Court protection, and analysts predict that others could soon follow them as retail spending worsens. "You'll see a record number of bankruptcies over the next 50, 100 and 1,000 days," said Burt P. Flickinger III, managing director of the New York-based retail consulting firm Strategic Resource Group. "Consumers are cash and credit constrained.
September 10, 2003 | From Bloomberg News
Sharper Image Corp. filed a lawsuit against Consumers Union, publisher of Consumer Reports magazine, claiming an article in the October issue contains misleading and false statements about the Ionic Breeze Quadra air purifier. The lawsuit was filed in U.S. District Court for the Northern District of California against the Yonkers, N.Y.-based nonprofit product-testing organization. Consumers Union hasn't seen a copy of the lawsuit yet, a spokesman said.
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