Retail Industry
Industry: Email Alert RSS FeedTower looks for sale.(MTS Inc. Tower Records)
Video Business, August, 2006 by Ault, Susanne
By Susanne Ault Some suppliers cut off shipments Tower Records has named Joseph D'Amico interim CEO and hopes the move will boost the retailer's allure to potential buyers. D'Amico replaces current CEO Allen Rodriguez, who exited the retail chain at the end of last month after nearly a three-year tenure.
Rodriguez chose not to renew his contract, according to Tower officials. Going forward, D'Amico's main objective is to sell Tower, currently owned by MTS. The chain has retained investment bank Houlihan Lokey Howard & Zukin to oversee these efforts. It's unclear how far along the bank is in terms of finding a suitable buyer. Most recently D'Amico served as senior managing director at FTI Palladium Partners, which specializes in...
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions
