Company type | Private company |
---|---|
Industry | Investments |
Founded | 1903 |
Founder | J. B. Gordon |
Headquarters | Prudential Tower Boston, Massachusetts. |
Area served | International |
Key people | Norma Kuntz, current CEO Michael Frieze, Chairman Emeritus and former CEO Ken Frieze, Chairman and former CEO |
Products | Investments |
Services | Valuations, dispositions, operations, and investments |
Parent | Independent |
Subsidiaries | Laura Ashley plc H2 Brands Group |
Website | gordonbrothers.com |
Gordon Brothers Group is a retail focused investment firm that was founded in 1903 by Jacob Gordon. The firm has made headlines with its acquisition of Polaroid from bankruptcy in 2009 and its subsequent sale to Polish businessman Wiaczeslaw Smolokowski in 2017. [1] Its headquarters are in Boston, Massachusetts, United States.
In December 2022, Gordon Brothers announced that Norma Kuntz would be appointed CEO of the company, effective February 13, 2023. [2]
In May 2023, Gordon Brothers acquired H2 Brands Groups, a national consumer products company with annual sales in excess of $250 million and a portfolio of nationally recognized brands. [3]
Hummer is an American brand of pickups and marketed in 1992 when AM General began selling a civilian version of the M998 Humvee. Although discontinued in 2010, Hummer returned as a model under GMC in 2020. In 1998, General Motors (GM) purchased the brand name from AM General and marketed three vehicles: the original Hummer H1, based on the military Humvee, as well as the new H2 and H3 models that were based on smaller, civilian-market GM platforms.
Polaroid Corporation was an American company best known for its instant film and cameras, which now survives as a brand for consumer electronics. The company was founded in 1937 by Edwin H. Land, to exploit the use of his Polaroid polarizing polymer. Land and Polaroid created the first instant camera, the Land Camera, in 1948.
CompUSA, Inc., was a retailer and reseller of personal computers, consumer electronics, technology products and computer services. Starting with one brick-and-mortar store in 1986 under the name Soft Warehouse, by the 1990s CompUSA had grown into a nationwide big box chain. At its peak, it operated at least 229 locations. Crushed by competition from other brick-and-mortar retailers, corporate oversight which was out of touch with evolving market realities, and a failure to make a strong transition to online sales, CompUSA began closing what they classified as "low performing" locations in 2006. By 2008 only 16 locations were left to be sold to Systemax. In 2012, remaining CompUSA and Circuit City stores were converted to TigerDirect stores, and later closed. As of 2023, the CompUSA online website redirects to an error page.
Bed Bath & Beyond was an American big-box retail chain specializing in housewares, furniture, and specialty items. Headquartered in Union, New Jersey, the chain operated stores in the United States and Canada, and was once counted among the Fortune 500 and the Forbes Global 2000. The chain filed for Chapter 11 bankruptcy in April 2023 and liquidated all of its remaining stores, with the last closing on July 30, 2023. Following the retail chain's liquidation, its name was adopted by online retailer Overstock.com, which acquired Bed Bath and Beyond's trademarks in a bankruptcy auction. The name is also still used by the chain's former Mexican division which is now independent.
Big Lots Stores, Inc. is an American discount retail chain, specializing in the sale of closeout and overstock merchandise. Founded in 1967 as Consolidated Stores, the chain is headquartered in Columbus, Ohio, and includes over 900 locations across the United States.
HMV is a British music and entertainment retailer, founded in 1921. The brand is owned by JD Sports and operated by Sunrise Records, except in Japan, where it is owned and operated by Lawson.
Homebase is a British home improvement retailer and garden centre brand trading in the United Kingdom and Ireland. It was founded by British supermarket chain Sainsbury's and retailer GB-Inno-BM in 1979 as Sainsbury's Homebase.
Habitat is a brand of household furnishings in the United Kingdom and the main homewares brand within the Sainsbury's group.
Sharper Image is an American brand that offers consumers home electronics, air purifiers, gifts, and other lifestyle products through its website, catalog, and third-party retailers. The brand is owned by ThreeSixty Group, with the U.S. catalog and website owned and operated by Michigan-based Camelot Venture Group.
TigerDirect was an El Segundo, California-based online retailer dealing in electronics, computers, and computer components. The company was previously owned by Systemax, which is known for its acquisitions of the intellectual property of the defunct U.S. retail chains Circuit City and CompUSA and relaunching them as online retailers. The two brands were subsequently shuttered in late December 2012 and consolidated into the TigerDirect site.
K·B Toys was an American chain of mall-based retail toy stores. The company was founded in 1922 as Kaufman Brothers, a wholesale candy store. The company opened a wholesale toy store in 1946, and ended its candy wholesales two years later to emphasize its toy products. Retail sales began during the 1970s, using the name Kay-Bee Toy & Hobby.
Footstar, Inc., was a shoe retailer that was headquartered in Mahwah, New Jersey. The company was traded under the symbol “FTAR” on the Pink Sheets. In April 2012, Footstar was merged into Xstelos Holdings, Inc.
Stage Stores was a department store company specializing in retailing off-price brand name apparel, accessories, cosmetics, footwear, and housewares throughout the United States. Stores were usually located in shopping malls and centers or in standalone locations. The corporate office was located in Houston, Texas.
Iconix Brand Group, Inc. is an American brand management company that licenses brands to retailers and manufacturers, primarily in the apparel, footwear and apparel accessory industries.
eToys.com was a retail website that sold toys via the Internet. It was established by a startup company of the same name on November 3, 1997. After an initial public offering on January 4, 1999, the company quickly shot up in value, becoming emblematic of the dot-com bubble. The company went bankrupt on April 1, 2001, and shut down soon thereafter. The etoys.com domain went through a number of changes of ownership afterwards, and has been owned by Toys "R" Us since February 2009.
Linens 'n Things was a big-box retailer specializing in home textiles, housewares, and decorative home accessories. Based in Clifton, New Jersey, the chain operated 571 stores in 47 U.S. states and six Canadian provinces, and had 7,300 employees as of December 2006. The company's business strategy was "to offer a broad selection of high quality, brand name home furnishings merchandise at exceptional everyday values, provide superior guest service, and maintain low operating costs."
National Stores Inc., was a family-owned company headquartered in the Harbor Gateway area of Los Angeles, California that had as many as 88 locations in 5 states including Puerto Rico, and employed 2200 people nationwide in January 2022. As of 2023 National Stores Inc. no longer has any operating stores within the continental U.S.
Laura Ashley is a British textile design company. It was founded by Bernard Ashley and his wife Laura Ashley in 1953 in London, and first became known for creating Victorian style head scarves, one of which was worn by Audrey Hepburn in the film Roman Holiday. The company relocated to Wales in 1961, and later grew to become an international retail chain with in excess of 500 stores, selling a variety of clothing and household goods. In 1985 the company was taken public after the death of its founder. Its products have been described as 'quintessentially English.'
Hilco Global is a multinational financial services holding company. It operates over twenty businesses in five continents and specializes in asset valuation, advisory, monetization capital, and disposition services. Headquartered in Northbrook, Illinois, it has offices throughout the world and provides services to companies, their lenders and professional services advisers across a broad spectrum of business categories including retail, commercial, industrial and financial. Hilco Global delivers services focused on maximizing the value of under-performing and excess retail, consumer products and industrial inventory, real estate, intellectual property, including consumer brands, patents, and accounts receivable. Hilco Global is also considered one of the largest distressed investment and advisory companies in the world.