BNET Industries
Last Fiscal Year Sales:$17.5M
- Private
- US
Dow Jones Description
USA nationwide retailer featuring everything from clothing to electronics to sporting goods.
Number of Employees 174
Peer Companies
NAICS Code Department Stores (except Discount Department Stores): 452111
Recent Events
-
Retail stocks mixed as Sears posts surprise loss
News & Analysis
Filter by
bankruptcy and k mart - All News and Analysis
This Just In.(Bodman, Longley and Dahling L.L.P plans to move headquarters)(Collins and Aikman Corp filed for bankruptcy)(Eddystone Hotel of detroit renovation)
Madison Marquette has deal for Kmart site Washington-based Madison Marquette Realty Services L.P., confirmed last week it wants to buy Kmart's 45-acre office complex in Troy at the northwest corner of Big Beaver Road and Coolidge Highway. " Madison Marquette has...
Ex-Kmart exec pays $2m for part in scam
NEW YORK -- Former Kmart executive William Mayville, who in November was accused by the company of stealing millions during the bankruptcy liquidation of the company's assets, agreed to post $2 million in escrow. Kmart filed a federal lawsuit claiming that Mayville, former divisional vp for purchasing, conspired with two...
Bankruptcy Court streamlines rules - to drum up business.(News)
Byline: Brent Snavely A set of 17 new rules designed to streamline the administration of large bankruptcy cases and aimed at attracting more such cases to Detroit takes effect today in U.S. Bankruptcy Court in Detroit and will be evaluated over th Byline:...
Leaks slow recovery Top Chicago-ares corporations see major changes during 2004.(Business)
Byline: Mike Comerford Daily Herald Business Writer During election years Uncle Sam gets out the pump for the economy but 2004 sprang some leaks. The Federal Reserve Bank pumped liquidity into the economy and wartime spending for Iraq and Afghanistan meant federal...
Kmart's muscle much reduced in wake of bankruptcy.
By Patti Bond, The Atlanta Journal-Constitution Knight Ridder/Tribune Business News By Patti Bond, The Atlanta Journal-Constitution Knight Ridder/Tribune Business News
Kmart Still Faces Some Problems after Emerging from Bankruptcy.
By Greta Guest, Detroit Free Press Knight Ridder/Tribune Business News By Greta Guest, Detroit Free Press Knight Ridder/Tribune Business News
An end to complacency: the 7th Circuit rules against critical vendor payments.).(An end to complacency: the 7th Circuit rules against critical vendor payments.)
The comfort level that credit executives have reached in the last several years regarding "critical vendor" treatment has come to an end. This is the first time this issue has reached the Circuit Court level, and this is the first case of The comfort...
Seventh Circuit affirms lower court order rejecting preferred treatment for critical vendors.(Bankruptcy news: extra, extra!)
The United States Court of Appeals for the Seventh Circuit in the mart case affirmed the District Court's reversal of an order proving Kmart's payment of the pre-petition claims of "critical vendors". Kmart paid approximately $300 million The United States Court of Appeals for...
Kmart hits paydirt--first profit since chill.
TROY, MICH. -- Building margins at a heady pace, and at the same time holding the line on costs and shredding its stockpiles, Kmart recorded its first profit since emerging from bankruptcy, with $276 million in earnings, reversing a year-before los TROY, MICH. --...
Summary of Significant Judicial Developments Affecting Secured Financing 2002 - 2003 Part Two
Lender Liability Cardinal Fastener & Specialty Co. v. Progress Bank, 67 Fed.Appx. 343 (6th Cir. 2003) (Secured creditor who took over management of borrower to liquidate its collateral not liable to borrowers' creditors under theory of successor liability.) Allied Nut & Bolt Co. ("Allied") borrowed $2 million from Progress Bank,...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Christopher Krieg | |
| Doug Binder | |
| Hasbro Toys | |
| Howard Blaustein | |
| John C Field | Lead Defence Counsel |
| Jon Beck | |
| Matthew Tennenbaum | |
| William C. Crowley | Officer |
| Willy Wu |
| Organization | Position | Status |
|---|---|---|
| Groen, Kluka & Company | Current | |
| Kmart | Current | |
| Michigan State University | Former |
Doug combines a passion for writing and design with a background in marketing and production into an all-consuming lifestyle of work, work, (play), work. With a career that spans TV, theme parks, corporate events and media production, Doug knows how to inspire an audience with immersive and exciting environments. In recent years he's worked with Microsoft, Intel, IBM, Lucent Technologies, Skechers, Disney, Universal Studios, Time Warner/Six Flags, Nickelodeon, Kmart, Ford/Visteon, Yamaha, MasterCard and American Express. Along the way, Doug produced and directed dozens of award-winning media pieces -- 13 Tellys and Cindys, a dozen international media/keynote tours, numerous product launches, and untold numbers of scripts, proposals, and event environments of all kinds. He began his career assisting on major marketing events for Walt Disney World and Universal Studios Florida where he later worked to develop co-operative television projects in the variety, talk and sports genres. A yen for the big city impelled him to move to Manhattan where he starved, went deep and got creative. He soon freelanced his way across the country, through Las Vegas and to Los Angeles where he now resides.
| Organization | Position | Status |
|---|---|---|
| The Nickelodeon | Current | |
| Disney Co | Current | |
| Universal Studios | Current | |
| Skechers | Current | |
| Yamaha | Current | |
| Kmart | Current | |
| Binderama Creative | Current |
| Organization | Position | Status |
|---|---|---|
| Kmart | Current |
| Organization | Position | Status |
|---|---|---|
| Kurtzman Carson Consultants LLC | Senior Managing Consultant | Former |
| R.H. Macy & Co. | Current | |
| Eastern Airlines | Current | |
| Enron Corp. | Current | |
| Wide Travel | Current | |
| Kmart | Current | |
| Far Co | Current | |
| Ormet Corporation | Current | |
| Bent On Learning | Board of Directors | Current |
| Kurtzman Carson Consultants LLC | Director, Business Dev | Former |
| New York Law School | J.D. | Former |
| Vassar College | Former |
| Organization | Position | Status |
|---|---|---|
| Hicks Morley Hamilton Stewart Storie Llp. | Partner | Current |
| Kmart | Lead Defence Counsel | Current |
| Supreme Court of Canada | Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| Columbus Consulting, Inc. | Senior Consultant | Current |
| Big Lots, Inc. | Current | |
| Collective Brands Inc. | Current | |
| Foot Locker, Inc. | Current | |
| Kmart | Current | |
| Polo Ralph Lauren Corporation | Current | |
| Planalytics Inc. | Former |
Matthew Tennenbaum is COO and also directs the firms General Liability and Property Third Party Administration division. Mr. Tennenbaum has over 14 years of Regional and National Account Management and Property/Casualty claims handling experience with manufacturing, distribution, hospitality, real estate management and retail clients including the Navy and large corporations such as EMI, Wal Mart, Kmart, Circuit City and Best Buy. He previously founded the TPA firm Trafalgar Professional Administrators to service the claims handling needs for several Lloyds Syndicates and has led million dollar corporate wide IT project implementations for Business Intelligence, Claims and Litigation Management systems. Mr. Tennenbaum holds multi-state Adjuster licenses and is an accredited Producer. A graduate of West Virginia University, Mr. Tennenbaum earned his BSBA and is working towards an AIC designation.
| Organization | Position | Status |
|---|---|---|
| Inland Marine Adjusters, Ltd | Coo | Current |
| Kmart | Current | |
| Best Buy Co., Inc. | Current | |
| West Virginia University | Bsba and Is Working Towards An Aic Designation. | Former |
William C. Crowley has served as an Executive Vice President of the Company since March 2005 and as our Chief Administrative Officer since September 2005. He also served as our Chief Financial Officer from March 2005 to September 2006 and as interim Chief Financial Officer from January 2007 to October 2007. Mr. Crowley has served as Chairman of the Board of Sears Canada, Inc. since December 2006 and as a director of Sears Canada since March 2005. Prior to the Merger, Mr. Crowley served as Senior Vice President, Finance of Kmart, and had served as an officer of Kmart since 2003. Mr. Crowley is also the President and Chief Operating Officer of ESL Investments, Inc., a private investment firm, and has served in that capacity since 1999. He is a director of AutoNation, Inc.
| Organization | Position | Status |
|---|---|---|
| Sears Holdings Corporation | Executive Vice President & Chief Administrative Officer | Current |
| Kmart | Officer | Current |
| Sears Canada Inc. | Chairman | Current |
| Radio & Records, Inc. | Board of Directors | Current |
| AutoNation, Inc. | Director of the Board | Current |
| AutoZone, Inc. | Board of Directors | Current |
| Procarcare | Board of Directors | Current |
| Investornews.Com | Board of Directors | Current |
| Kmart | Senior Vice President, Finance and Director | Former |
| Goldman, Sachs & Co. | Managing Director | Former |
| Perry Capital LLC | Co-Founder | Former |
| New York University | Professor | Former |
| Kmart | Director | Former |
| New York University | Mba | Former |
| University of Pennsylvania | Former |
Willy has broad experiences in sourcing, merchandising and international trade. He was previously the General Manager of China sourcing office for a leading European fashion retail chain, and had been instrumental in developing company's China strategy, setting up the company, overseeing daily operations, and evaluating and monitoring existing and potential suppliers. For more than 10 years, Willy had been the general manager for Eastern Gateways Shanghai, a subsidiary of Eastern Gateways, in charge of major accounts in garments & accessories. Willy's customer list includes Menards, Target, and Kmart in the US, Eaton, Sears, Zellers, the Bay, Donald Berman Enterprise, and Bio-Lab International in Canada, and Quelle, OTTO, AuChan, and Carrefour in Europe. His sourcing expertise covers a wide variety of merchandise including giftware, home furnishing, apparel, and travel goods. Willy was graduated with a BA in international business administration from the Shanghai Institute of Foreign Trade, and attended MBA program in Marketing at the University of Ottawa, Canada.
| Organization | Position | Status |
|---|---|---|
| Xl Enterprises | Managing Director, Shanghai | Current |
| Kmart | Current | |
| University of Ottawa | Mba Program In Marketing | Former |
Industry Transcripts by Seeking Alpha
-
Conn's Inc. Q3 2009 Earnings Call Transcript
on Nov 25, 2009about CONN
-
Tiffany & Co. F3Q09 (Qtr End 10/31/09) Earnings Call Transcript
on Nov 25, 2009about TIF
-
Coldwater Creek, Inc. Q3 2009 (Qtr End 10/31/09) Earnings Call Transcript
on Nov 24, 2009about CWTR
-
J. Crew Group, Inc. Q3 2009 Earnings Call Transcript
on Nov 24, 2009about JCG
-
Zale Corporation F1Q10 (Qtr End 10/31/09) Earnings Call Transcript
on Nov 24, 2009about ZLC
IndustryTop Rated
- P&G Retail Push Makes Sense, Risks Aside 3 votes
- Walmart Readies Smaller Stores for Smarter Growth 2 votes
- Duckwall-ALCO Rights Itself Amidst Recession 1 votes
- Neil Cole Steps Out From Brother Kenneth's Shadow With Iconix -- Or Does He? 1 votes
- Costco Sees Key Product Categories Turn Positive in September 1 votes



