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
k mart and same-store sales - All News and Analysis
Stronger Kmart, weaker Sears skews earnings pic.(Business)
Hoffman Estates. Ill. -- Sears Holdings Corp., the newly formed combination of the former Kmart and Sears, Roebuck, put up a third quarter profit of $58 million, down almost 90 percent from last year, when profits were swollen by $807 million broug Hoffman Estates....
Kmart has happy holiday.(Business Today)(Brief Article)
TROY, MICH. -- Boosting its overall profit outlook for the all-important Christmas quarter, Kmart reported strong profitability and cash generation during the holiday season, along with an improving same-store sales picture. Same-store sales TROY, MICH. -- Boosting...
Kmart stock soaring on reports of profit.(Business Today)(Brief Article)
TROY, MICH. -- Clamping down on inventory levels while eliminating money-losing promotions, Kmart Holdings Corp. said it expects to record a profit in excess of $250 million for November and December, despite a double-digit slide in same-store sale TROY, MICH. -- Clamping down on...
Kmart full year loss widens.(Illustration)
TROY, MI -- Rebuilding its core business, and at the same time shuttering stores and steadily hacking away at costs, Kmart Corp. pared its fourth-quarter losses by 33.3 percent, or $500 million, to $1.1 billion from $1.7 billion last year. Af...
Kmart posts $368 million 3Q loss.
TROY, MI -- With same-store sales still trailing off and margins under pressure, bankrupt Kmart recorded a worsening $368 million third quarter loss, compared with last year's deficit of $275 million. After shuttering 283 underperforming store TROY, MI --...
Kmart cuts its losses during September. (Business Today).(Company Profile)
Troy, MI -- Working its way through a painful bankruptcy and restructuring, giant Kmart Corp. posted a $176 million loss during September. And while same-store sales continue to decline, the trend line is clearly improving, and the dips are growing Troy, MI -- Working...
Kmart posts losses after Ch. 11 filing. (Business Today).(Brief Article)
TROY, MI -- In the first nine days after filing for Chapter 11 bankruptcy protection late in January, giant discounter Kmart Corp. recorded a loss of $579 million, and in the four weeks following lost another $174 million, bringing its total losses TROY, MI...
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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 |
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