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]
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 hosted on Wix.com.
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 the company's trademarks in a bankruptcy auction. The name is also still used by the chain's former Mexican division, which is now independent.
HHGL Limited, trading as Homebase, is a British home improvement retailer and garden centre with stores across the United Kingdom and Ireland. Founded by Sainsbury's and GB-Inno-BM in 1979, the company was owned by Home Retail Group from October 2006, until it was sold to the Australian conglomerate Wesfarmers in January 2016.
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 high-tech 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.
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.
Ritz Camera & Image is a photographic retail and photofinishing specialty store, headquartered in Edison, New Jersey. The company owns and used to operate a chain throughout the United States under the names Wolf Camera, Inkley’s and Ritz Camera. In 2012, Ritz Camera was acquired by C&A Marketing.
Christmas Tree Shops was an American chain of big-box specialty retail stores, headquartered in Middleborough, Massachusetts. At its peak, the chain operated 72 stores in 20 U.S. states, primarily in the Northeast. The company filed for bankruptcy in 2023 and closed all of its stores by August 12, 2023, officially ending its 53-year legacy.
Hastings Entertainment was an American retail chain that sold books, movies, music, and video games and functioned as a video rental shop. As of 2016 it had 126 superstores, which were mainly located in the South Central United States, Rocky Mountain States, and in parts of the Great Plains and Midwestern states. Hastings Entertainment stores were also located in many college towns in the U.S. Hastings Entertainment was headquartered in Amarillo, Texas.
Express, Inc. is an American fashion retailer whose portfolio includes Express, Bonobos and UpWest. The Company operates an omnichannel platform as well as physical and online stores. Grounded in a belief that style, quality and value should all be found in one place. The company consists of the brands Express, Bonobos, and UpWest, and is traded on the OTC Pink under the symbol EXPR.
Levitz Furniture was a nationwide chain of American furniture stores that helped create the "furniture warehouse" genre of retail furniture sales. It was in business for nearly 100 years before liquidating in bankruptcy in early 2008.
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 Wholesale Liquidators is a Brooklyn, New York-based company that operates warehouse-style closeout discount stores. It offers a mix of brand-name items, everyday household items, and furniture. National Wholesale Liquidators carries over 120,000 items. The company also offers appliances, automotive products, bath towels, bedding, carpets and floor covers, detergents and cleaning products, electrical hardware, electronics, food products, furniture outdoor, giftware, health and beauty aids, holiday decorative, and household storage products. In addition, it offers indoor furniture, jewelry, kitchen towels-linens, luggage, men's apparel and fragrances, paint and sundries, paper goods and supplies, personal umbrellas, pet supplies, sporting goods, vacuums and accessories, video games, and women's fragrances.
National Stores Inc., was a family-owned company headquartered in the Harbor Gateway area of Los Angeles, California with 88 locations in 5 states including Puerto Rico, and employed 2200 people nationwide as of 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.'
HMV Canada Ltd. is a Canadian entertainment retailer, owned by Doug Putman under Toys "R" Us Canada. The company was originally a subsidiary of HMV in the United Kingdom until it was sold to Hilco Capital in 2011. HMV itself would later be bought by Hilco in 2013. HMV Canada's head office was located in Etobicoke. The retailer ceased operations in Spring 2017 and returned in February 2024.
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.