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
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Retail stocks mixed as Sears posts surprise loss
News & Analysis
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k mart and sec - All News and Analysis
Footstar Declares Special $1.00 Per Share Cash Distribution
MAHWAH, N.J. -- Footstar, Inc. today announced that its Board of Directors has declared a special cash distribution to shareholders of $1.00 per common share. The Company also said that it is proceeding with steps to prepare for the previously reported, anticipated wind-down of its business in 2009. The...
TAKING STOCK: THE BOTTOM LINE ON THE SHOE BIZ.
PACSUN WOES: Pacific Sunwear of California Inc. said Thursday at the close of the market that third-quarter earnings plunged nearly 80 percent to $9 million, while net sales totaled $375.4 million, a decrease of roughly 1 percent. Inventory levels at Oct. 28 were down almost 6...
Footstar Appoints New Board of Directors and Names Senior Leadership upon Emergence from Chapter 11; Jeffrey A. Shepard Named President and CEO
MAHWAH, N.J. -- Footstar, Inc. today announced a new nine-member Board of Directors and the appointment of Jeffrey A. Shepard as President and Chief Executive Officer following the Company's emergence from its Chapter 11 reorganization on February 6, 2006. The Footstar Board now includes the following members: --Jonathan...
SEC accuses former Kmart chief executive of fraud
DETROIT -- A three-year-old federal investigation into accusations of mismanagement and securities fraud at Kmart in the months leading up to its 2002 bankruptcy led to a civil suit filed last month against former ceo Chuck Conaway and former cfo John McDonald.
Ex-Kmart execs face SEC action
DETROIT -- The Securities and Exchange Commission SEC has accused Charles Conaway and John McDonald, both former executives of Kmart Corp., with misleading investors about the retailer's financial condition before it filed for bankruptcy in January 2002. The SEC is seeking civil penalties against both and to ban them from...
SEC charges former Kmart duo: Conaway and McDonald accused of lying to investors.(News)(Brief Article)
WASHINGTON -- Former Kmart CEO Charles Conaway and former Chief Financial Officer John McDonald were recently charged with securities violations for allegedly lying to investors about the giant retailer's financial condition in the months leading u WASHINGTON -- Former Kmart CEO Charles Conaway and...
BALANCE SHEET; WINNERS AND LOSERS ON THE FISCAL BATTLEFIELD.
Byline: Arthur Zaczkiewicz and Vicki M. Young Last week, the Securities and Exchange Commission charged Charles C. Conaway, the former chairman and CEO of Kmart Corp., with misleading investors about the retailer's finances before it filed for bankruptcy in 2002. Kmart's ex-CFO, John T....
IN BRIEF: SEC CHARGES FORMER KMART EXECS... CHANGES AT FURNITURE BRANDS... PAVIGLIANTI TO HEAD SLEEP COUNTRY...
SEC CHARGES FORMER KMART EXECS SEC CHARGES FORMER KMART EXECS
Week in Review.(Briefsdtax law)(United States. Securities and Exchange Commission filed a case against Kmart Holding Corp's employees)(Jim McFarlin appointed as information officer at Wayne State University College of Nursing)(Michael Gormely and William
SEC charges ex-Kmart execs with misleading investors Former Kmart Corp. Chairman and CEO Charles Conaway and a former Kmart CFO are facing new charges of misleading investors, in a complaint filed Aug. 22 by the U.S. Securities and Exchange Commiss SEC charges ex-Kmart execs...
SCANDAL MONGER
SID made a reappearance in the business world last week. But this time Sid was not a small investor who needed to know of impending privatisation but rather stood for Slow It Down, a more and more extreme plan to delay payments to prevent a bad business decision sucking a...
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
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on Dec 17, 2009about RAD
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Pier 1 Imports, Inc. Q3 2010 Earnings Call Transcript
on Dec 17, 2009about PIR
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Best Buy F3Q10 (Qtr End 11/28/09) Earnings Call Transcript
on Dec 15, 2009about BBY
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Costco F1Q10 (Qtr End 11/22/09) Earnings Call Transcript
on Dec 10, 2009about COST
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The Men’s Wearhouse F3Q09 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 08, 2009about MW
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