BNET Industries
Factory 2-U Stores Inc. (FTUS Q) is in the Retail Industry
- Revenue
- Jan 31 2004
- $493.2M
- Profit
- Jan 31 2004
- ($85.8M)
- Market Cap
- Jul 23 2008
- $35.5K
Latest News and Analysis
William R. Fields Joins EON Reality Inc. Advisory Board
EON Reality Inc., the world's leadinginteractive 3D software provider, today announced that William R. Fieldshas joined its advisory board. Fields will lead the development of thecompany's strategic Experience & Discovery Centers EDC, as well as theexpansion of its Interactive Digital Center IDC consortium in Asia. Fields is an experienced executive...
Dress Barn, Inc. Announces Appointment of Jeff Gerstel as Senior Vice President, Operations
SUFFERN, N.Y. -- Dress Barn, Inc. (NASDAQ: DBRN), a leading national specialty apparel retailer offering quality career and casual fashion apparel through its dressbarn and maurices brands, today announced that Jeff Gerstel has recently joined the Company as Senior Vice President, Operations for its dressbarn stores division. In this newly...
Out of the woods and Ch. 11, Garden Ridge re-emerges
The month of May brought both a new ceo and bankruptcy emergence for home decor retailer Garden Ridge. The new ceo is Mary MeNabb, formerly evp of marketing at Factory 2-U Stores. Garden Ridge, a $400 million chain, closed nine stores and one distribution center during its reorganization and now...
Garden Ridge taps new CEO.(Retail Briefs)(Brief Article)
Garden Ridge has named Mary McNabb CEO. She was most recently executive vice president of merchandising and marketing at Factory 2-U Stores. The company has also completed its reorganization while posting at 6.9 percent comp sales increase for April, its fifth monthly...
99 cents Cent Only taps Plotkin as senior vp.(People)(Appointments)(Vice President)(Brief Article)
CITY OF COMMERCE, Calif. -- Norm Plotkin has been appointed senior vice president of store development at 99 cents Only Stores. "Norm will oversee all of the company's real estate and construction functions," notes Eric Schiffer, the retailer's chief executive officer. "His extensive...
99 Cents Only Stores
Norm Plotkin has joined 99 Cents Only Stores as senior vice president of store development. He joins the one-price retailer from Factory 2-U Stores Inc., an off-price apparel store once known as Family Bargain, where he was chief executive...
99 Cents Only Stores invests in Plotkin.(Norm Plotkin hired)(Brief Article)
Norm Plotkin has been hired by 99 Cents Only Stores as senior vice president of store development. Plotkin was with Factory 2-U Stores, Inc. from 1998 through 2004, where he most recently was CEO. Prior to his appointment...
99 Cents Only Stores Announces Hiring of Senior Real Estate Executive
CITY OF COMMERCE, Calif. -- 99 Cents Only StoresR (NYSE:NDN) reports it has hired Norm Plotkin as Senior Vice President of Store Development. Eric Schiffer, Chief Executive Officer said, "We are excited to announce that an executive of Norm Plotkin's caliber has joined us as Senior Vice President...
SEARLES IS WILSONS CEO.(Michael Searles appointed as chief executive officer)(Wilsons The Leather Experts Inc.)(Brief Article)
MINNEAPOLIS -- Michael Searles has been named chief executive officer of Wilsons The Leather Experts Inc., effective Dec. 15. He will also join the company's board of directors. This confirms a report on DNRnews.com on Nov. 2. Searles...
Wilsons Leather Names Michael Searles Chief Executive Officer
MINNEAPOLIS -- Wilsons The Leather Experts Inc. (NASDAQ:WLSN) today announced that it has named industry veteran Michael Searles Chief Executive Officer, effective Dec. 15, 2004. Searles also will join the Wilsons Leather Board of Directors. Searles succeeds Joel Waller, who will be stepping down after nearly three decades...
Factory2U liquidates all assets
SAN DIEGO -- Inability to reverse a three-year pattern of losses and declining comparable-store sales finally pushed off-price retailer Factory 2-U into liquidation as part of an asset sell-off approved this month by a bankruptcy court judge. All assets, including inventory, a distribution center and store leases, were...
Workers know little about fate of Medford, Ore., discount store.
By Greg Stiles, Mail Tribune, Medford, Ore. Knight Ridder/Tribune Business News Sep. 8--An uncertain future awaits the staff and management of the Factory 2-U store at Bear Creek Shopping Center on Biddle Road. The retailer sells closeout merchandise and...
San Diego-based discount retailer Factory 2-U Stores to close 172 stores.
By E.J. Schultz, The Fresno Bee, Calif. Knight Ridder/Tribune Business News Sep. 4--Factory 2-U Stores is going out of business. The discount retailer -- often compared to Dollar Tree and 99 Cents Only Stores -- soon will close 172...
Factory 2-U Stores, Inc. Completes Sale of Assets
SAN DIEGO -- Factory 2-U Stores, Inc. (Pink Sheets:FTUSQ) today reported that it has completed the previously announced sale of substantially all of its assets to Factory 2-U Acquisition, LLC (the "Purchaser"), a company formed by an affiliate of National Stores, Inc., The Alamo Group, Garcel, Inc. d/b/a/ The Great...
San Diego-based discount retailer to go out of business.
The Arizona Daily Star, Tucson Knight Ridder/Tribune Business News Sep. 3--A discount retail chain with roots in Nogales, Ariz., will go out of business later this month when 172 Factory 2-U stores in seven states close. Factory 2-U...
Factory 2-U selling its stores: Factory 2-U Stores, Inc., the San Diego-based retailer of discounted apparel that filed for bankruptcy protection in February, arranged the sale of its 172 stores to a retailing group that includes National Stores Inc., a Gardena-based firm that operates Fallas Paredes stores.(Week in review: top business news: August 13-19, 2004)(Federal Bankruptcy Court)(Brief Article)
Factory 2-U Selling Its Stores: Factory 2-U Stores, Inc., the San Diego-based retailer of discounted apparel that filed for bankruptcy protection in February, arranged the sale of its 172 stores to a retailing group that includes National Stores Inc., a Gardena-based firm that operates Fallas Paredes...
Factory 2-U Stores, Inc. Signs Agreement to Sell Assets
SAN DIEGO -- Factory 2-U Stores, Inc. (Pink Sheets:FTUSQ) today announced that it has entered into a definitive agreement to sell substantially all of the Company's assets to Factory 2-U Acquisition, LLC (the "Purchaser"), a company formed by an affiliate of National Stores, Inc., The Alamo Group, Garcel, Inc. d/b/a/...
Bankrupt San Diego-Based Discount Retailer to Close 23 More Locations.
By Mike Freeman, The San Diego Union-Tribune Knight Ridder/Tribune Business News Jun. 7--Bankrupt Factory 2-U Stores said yesterday it will close 23 money-losing outlets including stores in Vista and Temecula. After the closures, the struggling San Diego discount retailer...
Exclusivity Period for Factory 2-U Stores, Inc. Extended Through December 3, 2004; Six-Month Extension Granted With the Support of Creditors' Committee
Business Editors SAN DIEGO--BUSINESS WIRE--June 4, 2004 Company Files Motion With Bankruptcy Court to Close 23 Locations Factory 2-U Stores, Inc. today announced that the United States Bankruptcy Court in Wilmington, Delaware has issued an order extending through December 3, 2004 the period in...
Factory 2-U names cfo.(Brief Article)
SAN DIEGO -- Factory 2-U Stores Inc. last week announced the appointment of Norman Dowling as the company's executive vice president and chief financial officer, effective immediately. Dowling, joins Factory 2-U Stores from Petco Animal Supplies Inc., where he served as vice...
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- Incorporated: 1987
- Employees: 1,530
Key Competitors
Factory 2-U Stores Inc. Company Info
Board of Directors
William R. Fields
Chmn.
Ronald Rashkow
Willem de Vogel
Peter V. Handal
Wm. Robert Wright II
Contact Information
4000 Ruffin Road
San Diego, CA
http://www.factory-bargain.com
858 627-1800