Back in 2009, the medium-box consumer electronics chain Circuit City closed. Systemax, the owner of TigerDirect, acquired the brand’s website and customer list, and kept it going until 2012. Late last year, Systemax decided to shut down its technology business, and that included selling the twice-defunct Circuit City brand. Now yet another company has acquired the brand and wants to make a go of it as physical retail stores. [More]
When a company declares bankruptcy and goes out of business, sometimes its brands don’t settle into a dignified death. Sometimes they’re resurrected days or decades later, roaming the earth as zombie retailers. The latest brand to be raised from the dead is off-price retailer Filene’s basement, which closed in 2011. The brand’s owners have been waiting for the right time to reopen, and closeout retailers are super-hot right now. [More]
In this day and age, when something dies it just comes back as a zombie (we imagine anyway). That’s exactly what once prosperous American brands are doing across the world. Names like Pan Am, Woolworth’s and Mister Donut easily evoke thoughts of nostalgia for Americans, but in other parts of the world the brands are alive and well. [More]
We’ve followed the nationwide invasion of zombie retailers such as Sharper Image, Circuit City and Linens ‘N’ Things–brands that go bankrupt, then reappear on the web or in the same strip malls they originally roamed. Zombie brands don’t just exist in retail, though. Mainstreet.com rounded up a horde of re-animated brands that includes a magazine and a major-league sports franchise.