Dalton Bookseller stores, becoming the second-largest bookseller in the United States.■ 1989: Barnes & Noble purchases Book Stop, a Texas chain.■ 1991: Western Merchandisers is acquired by Walmart. By the late 1980s, Hastings will develop its superstore format, emphasizing discount pricing and new product lines.■ 1987: Barnes & Noble acquires 797 B.Current Gordmans Chief Executive Andy Hall was previously CEO at Stage.Gordmans filed for bankruptcy protection this month after falling sales, losses and competition from online retailers.As for the stores not acquired by Stage, it appears to be the end.“Substantially all of the remaining assets at Gordmans’ remaining 48 stores and other facilities are expected to be liquidated by Tiger Capital Group and Great American Group pursuant to their joint bid with Stage,” Stage said in a statement.Stage Stores operates about 800 retail locations under various brand names such as Peebles, Bealls and Goody’s.
“This process will allow the business to emerge with far less debt, positioned for growth as the economy recovers and as our new products gain traction.Eddie Bauer was struggling to repay its debt after consumers stopped spending on anything but necessities.The falloff in sales came as Eddie Bauer was trying to pull off a multiyear turnaround that included cost cuts, as well as changes to its management team and its merchandise.Take, for example, Karen Ho’s influential new(ish) book on the culture of wall street, Of the crop of Book That Everyone Mentions At The AAAs Liquidated is really one of the better finds: an actual ethnography, with actual interview data, which takes the time it needs to say something that deserves being said.Of course, the book has its drawbacks: the language could be clearer, redundant repetition of main points could have been cut, and there is a tendency to use words like “explode” and “denaturalize” to describe an activity most of us would call “describing”.
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