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Topic: Bradlees

	Bradlees - Wikipedia, the free encyclopedia
		Bradlees was a chain of discount department stores which operated primarily in the Northeastern United States.
		Bradlees had successfully exited Chapter 11 bankruptcy in 1999 only to go bankrupt again and close its doors in 2000.
		Bradlees was also the site of many former Two Guys department store locations.
	en.wikipedia.org /wiki/Bradlees (361 words)

	Reports place Bradlees on brink of bankruptcy
		Discount retailer Bradlees Inc. is on the verge of liquidation, which could put thousands of workers on the street, according to published reports.
		The prospect of Bradlees closing its store in the Town of Wallkill, N.Y., was greeted with dismay by the owner of a neighboring liquor store.
		Bradlees stock was trading at 21.87 cents a share at the close yesterday, down 16 cents.
	www.recordonline.com /archive/2000/12/23/bradlees.htm (698 words)

	Bradlees believes in juniors - junior-style clothing - Special Supplement: AM Apparel Merchandising Discount Store News ...
		Now, Bradlees is in the driver's seat with one of the most developed and most successful juniors departments in the discount tier.
		The fact that Bradlees maintained its juniors area gives the company a head start on a category that many analysts believe is due for a comeback.
		While Bradlees' definition of the junior shopper is a young woman between the ages of 16 and 24, Swartz notes that much of the fashion merchandise attracts a broader consumer base.
	www.findarticles.com /p/articles/mi_m3092/is_n7_v32/ai_13675972 (915 words)

	About Bradlees
		Of course, it was obvious that Bradlees would not survive another 10 years with all the big boxes expansion.
		The first Bradlees store opened its doors in 1958 in New London, CT. The name Bradlees was taken from Bradley International Airport in Windsor Locks, CT where the Company’s earliest planning meetings were held.
		Bradlees offered three core product assortments: moderately priced, basic and casual fashion apparel for the family along with accessories and jewelry, basic and fashion items for the home, and edited assortments of commodity and convenience goods.
	www.geocities.com /zayre88/R_brad.html (514 words)

	TheStreet.com: Stock Mart: Bradlees
		Ever since Bradlees distributed shares to the public in February, it has received scant attention from the Street.
		It's not as if Bradlees is a small company -- it had $1.4 billion in revenue in its fiscal year ended Jan. 30.
		When Thorner took over at Bradlees in December 1996, he faced steep losses ($400 million in 1995 and 1996 combined), a disenfranchised customer base and negative $70 million in cash flow for fiscal 1995.
	www.thestreet.com /stocks/10store/741977.html (876 words)

	Bradlees burns shoppers
		She referred inquiries to a phone number at Bradlees' headquarters in Braintree, Mass., where a recorded message informed callers that, as of Wednesday, the chain's nationwide consumer hot line had been disconnected.
		Bradlees filed Tuesday for Chapter 11 bankruptcy, which protects the company from its creditors while it reorganizes.
		In this case, Bradlees' reorganization is taking the form of a liquidation sale, and its creditors include all the holiday shoppers who unwittingly bought gift certificates the store no longer has to honor.
	archive.recordonline.com /archive/2000/12/30/mlrnbrad.htm (466 words)

	USCA1 Opinion 99-1779
		The sweatshirt was an adult-large size, purchased by Elizabeth Wilson for her daughter in the Junior Miss Department of a Bradlees store in Concord, New Hampshire, some five and one-half months prior to the accident.
		Bradlees was dropped from the case after seeking bankruptcy protection for reasons unrelated to this case.
		Plaintiff's argument, that because the trial court held Union to a duty of reasonable care in designing and testing the sweatshirt, "if this were true for Union it would also be true for Sharky's," confuses liability under the law of negligence with Sharky's potential liability as an intermediate vendor under strict products liability law.
	www.ca1.uscourts.gov /cgi-bin/getopn.pl?OPINION=99-1779.01A (4615 words)

	ApparelNews.net - Bankruptcies at Bradlees, Ward's Resonate in Retail
		Bradlees, the regional discount retailer with approximately 105 stores in the Northeast, has been in business for more than 40 years.
		Bradlees announced that it will close its doors within the next two months, putting more than 4,500 employees out of work in the New York, New Jersey and Connecticut stores alone, and will sell its inventory to a group headed by Boston-based Gordon Brothers Retail Partners LLC.
		The Bradlees five-story flagship store is located at Union Square in New York City, and several retailers are expected to bid for that prime location.
	www.apparelnews.net /Archive/010501/News/news.html (1047 words)

	[No title]
		After Bradlees filed under chapter 11 of the Bankruptcy Code, FSG asserted a reclamation claim for the goods it shipped to Bradlees prepetition even though it did not make its reclamation demand before expiration of the ten-day statutory period prescribed in section 546(c) of the Bankruptcy Code.
		Therefore, FSG contended that despite its failure to deliver a reclamation demand to Bradlees within ten days of receipt of the goods, it was entitled to a reclamation claim because it had satisfied the requirements for a reclamation claim under state law.
		Joining the majority of courts, the bankruptcy court in Bradlees made clear that once a buyer files for protection under the Bankruptcy Code, section 546(c) is the seller’s exclusive remedy with regard to reclamation.
	www.weil.com /wgm/CWGMPubs.nsf/7c320379e1280ecd852565b7006ec55a/b71a995724ac2af885256ab000750593?OpenDocument (1014 words)

	Bradlees plans to honor cash cards, exchanges
		In light of complaints fueled by angry customers, before Bradlees department stores close their doors on Jan. 15, cash cards and exchanges will be honored.
		In this area, there are two Bradlees stores, one on Route 36 and Poole Avenue in Hazlet and the other on Route 35 and Twin Brooks Avenue in Middletown.
		Bradlees Inc. announced Dec. 26 that it had filed for bankruptcy.
	independent.gmnews.com /News/2001/0103/Front_Page/09.html (262 words)

	Bradlee Genealogical Society
		That does not answer the question of why there are Bradlee's in the 1732 Census of New Hampshire or the reports of Francis Bradlee as having sailed from England (born in Yorkshire) and arriving in Connecticut in the Year 1650.
		The Bradlee Family with particular reference to the Descendants of Nathan Bradley of Dorchester Mass, was collected and arranged by Samuel Bradlee Doggett and printed in 1878 on the Press of Rockwell and Churchill, No 39 Arch Street, Boston is considered to be the definitive source of information about the prerevolutionary Bradlee ancestors.
		The Britsh had a warrent for the arrest of anyone who spelled Bradlee with 2 e's and no Y! As the story goes Samuel's daughter Sara's husband was in fact jailed as a spy by the British, now there is a subject that needs to be muttered about.
	www.bradlee.org /default.htm (729 words)

	A Trade Creditor’s Ability to Assert an Administrative Claim From a Debtor’s Post-Petition Rejection of ...
		The last thing Bradlees needed was to pay for new goods that it had purchased pre-petition and for which it could have obtained delivery during its bankruptcy case.
		The court in the Bradlees case had to consider whether the Sellers’ damage claims, arising from Bradlees post-petition cancellation and breach of its pre-petition orders to purchase clothing from the Sellers, were entitled to administrative priority status.
		The fact that Bradlees’ breach had occurred during the Chapter 11 was irrelevant since Bradlees had not assumed the contracts during the bankruptcy.
	www.nacm.org /bcmag/bcarchives/2003/april/columns1_apr.html (1998 words)

	Framingham/Natick Retail: From Bradlees to Kohl's
		Bradlees opened at Shopper's World in the early 1960's, and was located in an outlot located to the west of the mall structure.
		The Bradlees' facility included the store, which was a regional version of Wal-Mart, and a small snack bar.
		DDC, which owned Shopper's World; the remains of Bradlees, and Stop and Shop, which for years owned Bradlees but was in charge of liquidating the chain; were all involved in a legal case regarding who owned the store.
	www.framinghamnatickretail.com /bradlees/index.html (441 words)

	Sprawl-Busters ~ Newsflash Database
		Bradlees, which occupied 105 stores, employed 10,000 people and had $1.5 billion in sales for 1999, is now being liquidated, and will be out of business the day after Christmas.
		Bradlees has stores in 7 states, with 35 in Massachusetts and 30 in New Jersey.
		Some of the Bradlees workers may be able to change the color of their apron to pick out a new one at Wal-Mart--but they will find a very different employment experience going from the union job at Bradlees to the non-union job at Wal-Mart.
	www.sprawl-busters.com /search.php?readstory=567 (619 words)

	One year after Chap. 11, Bradlees pleases analysts - Boston Business Journal:
		As Braintree-based Bradlees approaches its one-year anniversary of emerging from bankruptcy status, analysts say it's performing well, but they question whether it will sustain competition or whether Thorner is prettying it up as an acquisition target for a stronger retailer such as Kohl's Corp. or even Ames.
		Bradlees comparable store sales--sales from stores open longer than one year and a key retail indicator--are up 11.7 percent for the 48 weeks ending Jan. 1.
		Bradlees' core customers are women with children and $45,000-$55,000 household incomes, and senior citizens.
	www.bizjournals.com /boston/stories/2000/01/17/story7.html (792 words)

	Why Buy Gift Certificates (Site not responding. Last check: 2007-09-23)
		Bradlees' gift certificates, like most others, are sold without any discount.
		As of this writing Bradlees stores in a few states have agreed to honor their gift certificates up until about January 15.
		You then use your Bradlees gift certificate, it becomes a legitimate credit card purchase and Visa bills you retroactively for two late charges of $20.00 plus finance charges on purchases from the previous month at $22.00* plus $1.75 finance charge on the Bradlees gift certificate.
	hometown.aol.com /ajaynejr/gift2.htm (1191 words)

	Rockingham News: Bradlees set to close doors
		Bradlees has stores and three distribution centers in Massachusetts, Connecticut, New Hampshire, Maine, New York, New Jersey and Pennsylvania.
		The company expects to keep its sales staff through the process, and a bankruptcy court judge has approved severance payments, which will be at least two weeks pay, company spokesman Fred McGrail said this week.
		Bradlees was founded in New London, Conn., in 1958.
	www.seacoastonline.com /2000news/rock/r12_29b.htm (585 words)

	PBGC to Protect Retirement Benefits of 8,000 Former Bradlees Workers
		Bradlees filed for bankruptcy on December 26, 2000.
		Almost all workers and retirees will receive the same benefits from PBGC they are now receiving or would be entitled to receive under the Bradlees plan, which terminated as of April 30, 2001.
		The maximum pension guaranteed for workers in plans that terminate in 2001 is $3,392.05 a month (or $40,704.60 a year) for persons retiring at age 65.
	www.pbgc.gov /media/news-archive/2001/pr01-28.html (362 words)

	Dead Malls dot Com: Feature: Bradlees to close
		The company said it filed for bankruptcy protection because of a general economic downturn, including rising interest rates and higher gas and heating oil prices, that have left customers with less disposable income.
		Bradlees also said new competition, unseasonable weather in the first half of the year, and the tightening of trade credit contributed to its inability to operate profitably.
		Bradlees (BRAD: Research, Estimates) operates 105 stores and three distribution centers in Massachusetts, Connecticut, New Hampshire, Maine, New York, New Jersey and Pennsylvania.
	www.deadmalls.com /stores/bradlees (289 words)

	Publications (Site not responding. Last check: 2007-09-23)
		Just two days earlier, Bradlees, Braintree, Mass., had said it was going out of business, leaving 9.8 million square feet of space up for grabs.
		The outlook for Bradlees stores, which operate as anchors in strip centers or on freestanding sites, appears to be promising.
		About 10% of Bradlees’ current 105-store portfolio could linger on the market after the dust settles from the auction of its leases and could be turned into multitenant dwellings or office space.
	www.icsc.org /srch/sct/current/sct0301/page1a.html (1047 words)

	Retailers look at Bradlees - Dec. 27, 2000
		Kohl's (KSS: Research, Estimates), Target (TGT: Research, Estimates), and Wal-Mart Stores (WMT: Research, Estimates) are all likely bidders for Bradlees' 105 stores scattered throughout the Northeast, where prime commercial space is often hard to come by and extremely pricey, analysts said.
		Demand for retail space is strong in all of the states in which Bradlees operates -- including Massachusetts, Connecticut, New Hampshire, Maine, New York, New Jersey and Pennsylvania.
		Roche said Boston's emergence as a high-tech center with new jobs being created is a magnet for chain retailers, which are flocking to the city to serve its booming population.
	money.cnn.com /2000/12/27/news/bradlees (632 words)

	The Discounters - Forbes.com (Site not responding. Last check: 2007-09-23)
		The major distinction between eToys and Bradlees, an old-economy retailer, is that eToys was swifter to fail.
		Bradlees was spun off from Stop and Shop in July 1992 to help cut the parent company's massive debt.
		The stock was delisted from Nasdaq in late January; prior to that it was trading at 31 cents on the OTC Bulletin Board.
	www.forbes.com /2001/02/16/0219iporetail.html (975 words)

	What a Bargain! (Stock Watch) \| SmartMoney.com
		The first outcome might be tricky to pull off, because Bradlees stores aren't uniform in size — a liability these days as retailers look to standardize their store layouts as much as possible.
		He "conservatively" projects that Bradlees could fetch $4.5 million for each of the top 30% of its 105 stores, $3 million for the middle 30% and $1.5 million for the bottom 30%.
		Bradlees, on the other hand, went from just breaking even in 1998 to a loss of $1.01 a share in 1999.
	www.smartmoney.com /stockwatch/index.cfm?story=200010041 (915 words)

	CNN.com - Kohl's gains rights to Bradlees stores - Feb. 19, 2001
		Bradlees declared bankruptcy in December, a victim of a slowing economy and increasing competition from discount chains such as Wal-Mart and K Mart.
		Wall Street has been expecting a large and expanding chain such as Menemonee Falls, Wis.-based Kohl's (KSS: Research, Estimates) and Bentonville, Ark.-based Wal-Mart to snap up Bradlees' stores, which analysts have said occupy the last prime retail space in the Northeast.
		Kohl's was thought to be the most natural fit, since the chain often looks for stores under 100,000 square feet, and many of Bradlees' stores are under 60,000 square feet.
	cnnstudentnews.cnn.com /2001/BUSINESS/02/19/bradlees (315 words)

	Reclamation Claims: The Bankruptcy Time Periods for Reclamation Demands Take Precedence Over Longer State Law Period
		Bradlees had received these goods on November 24 and 27, 2000 and on December 5, 6, 7 and 8, 2000.
		FSG argued that it had shipped these goods on credit terms to Bradlees based upon the repeated written representations by Bradlees’ personnel to FSG that Bradlees was solvent and would pay for these goods.
		In reaching its decision, the court in Bradlees joined the overwhelming majority of courts that have also held that Section 546(c) of the Bankruptcy Code provides the exclusive remedy for a seller seeking to reclaim its goods from a buyer in bankruptcy.
	www.nacm.org /bcmag/bcarchives/2001/articles2001/oct/business_law.html (1760 words)

	Denim power at Bradlees - Bradlees Stores stresses denim clothing Discount Store News - Find Articles
		It has already worked in Burlington, the Bradlees unit that Cohen has set up as a merchandising laboratory, where denim sales are running 40% ahead of the store's typical denim department.
		Bradlees is one chain that has not been lured by the siren song of private label denim programs.
		The regional mass merchant with the largest proportion of soft lines in its mix, Bradlees, is going the traditional route with big brands when it comes to denim.
	www.findarticles.com /p/articles/mi_m3092/is_n12_v34/ai_17206088 (873 words)

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