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Post by Deleted on Jul 2, 2018 8:04:37 GMT -5
Yup, a relative that had nothing to do with the legal end of the business, other then making some “ electronic’s “ disappear in many of those mysterious “ night break-in’s at a Crazy Eddie’s location “! Also known as insurance scams......lol. I was in the mortgage business from 1993-2007. One of our managers had worked at another well known electronics chain on Long Island in the 1980s. They filed for bankruptcy around 1990, and ceased operations. He described a similar ‘situation ’.
PS
THEY TOO MADE IT TO THE US MARSHALL’s LIST👍👍👍 |
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Post by Wolfman on Jul 2, 2018 8:05:34 GMT -5
I was in the mortgage business from 1993-2007. One of our managers had worked at another well known electronics chain on Long Island in the 1980s. They filed for bankruptcy around 1990, and ceased operations. He described a similar ‘situation ’. Wow! You are correct! |
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Post by trailboss on Jul 2, 2018 8:40:51 GMT -5
Living in California, we had a similar guy at furniture USA:
He did an in-house commercial spoofing himself that caused him problems:
He ended up getting cught up in a gold mine scam in South America..he was a pretty checkered cat.
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Post by Deleted on Jul 2, 2018 8:48:27 GMT -5
Your words are to kind for this piece of “ work “! He’s best known for being a loan shark at the time @ 24% interest rate. Now a days “ certain “ credit card companies charge 26.9 % interest, however today that’s not called loan sharking.....that’s called business....lol
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Post by Ronv69 on Jul 2, 2018 9:21:34 GMT -5
McClelland's Holiday Spirit is a year round smoke for me.
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Post by Cramptholomew on Jul 2, 2018 10:37:58 GMT -5
Yup, a relative that had nothing to do with the legal end of the business, other then making some “ electronic’s “ disappear in many of those mysterious “ night break-in’s at a Crazy Eddie’s location “! Also known as insurance scams......lol. I was in the mortgage business from 1993-2007. One of our managers had worked at another well known electronics chain on Long Island in the 1980s. They filed for bankruptcy around 1990, and ceased operations. He described a similar ‘situation ’. was it "The Wiz"? |
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Post by Deleted on Jul 2, 2018 13:42:29 GMT -5
I was in the mortgage business from 1993-2007. One of our managers had worked at another well known electronics chain on Long Island in the 1980s. They filed for bankruptcy around 1990, and ceased operations. He described a similar ‘situation ’. was it "The Wiz"? |
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Post by peteguy on Jul 2, 2018 14:09:54 GMT -5
Cherry Christmas is out for its first sample taste. Hopefully joeman will have nice things to say.  |
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Post by Deleted on Jul 2, 2018 15:40:24 GMT -5
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Post by AJ on Jul 2, 2018 22:37:47 GMT -5
I enjoyed Christmas in June when I opened a tin of Holiday Spirit dated 2015. I smoked the entire tin in 3-4 days. For Christmas in July I’ll open a 2013 tin of Christmas Cheer.
AJ
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Post by Wolfman on Jul 3, 2018 8:31:03 GMT -5
Cramptholomew‘The Wiz’ supposedly went bankrupt due to more competition from the internet. I believe someone bought the name and opened up a New Wiz. @lonecoyote probably knows what happened.
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Post by Wolfman on Jul 3, 2018 8:33:22 GMT -5
From Wikipedia:
The chain was founded by four brothers, Douglas, Lawrence, Marvin, and Stephan Jemal, in New York City in 1977.[1] Later, it officially changed its name to its well-known advertising slogan, "Nobody Beats The Wiz". During the early-to-mid 1990s "Nobody Beats The Wiz" was a major sponsor for all local NY sports franchises, including the Yankees, Knicks, Mets, New Jersey Nets, Rangers, New Jersey Devils and Islanders, and had a significant television advertising presence during local sports events. It also sponsored teams outside the NY area such as the Flyers and Canadiens.
In 1998, after having expanded significantly, the chain filed for bankruptcy and was purchased by Cablevision for $80 million. Cablevision eventually dropped the "Nobody Beats the Wiz" slogan. At its peak, the firm's revenues were $1.4 billion, with 2000 employees, operating 94 stores in New York, New Jersey, Connecticut, Maryland, and Massachusetts. It also operated music-only stores in Maryland and the Washington, D.C. area.
The 1977-1998 and 2004-present Nobody Beats the Wiz logo.
The chain closed permanently in 2003. A Cablevision press release from February 16, 2003 stated: "Continuing to operate the stores is no longer a viable option for Cablevision as business conditions at the retailer eroded due to a weakened retail economy and other factors." Once the chain closed, one of its founders, Marvin Jemal, opened a new electronics chain, The Zone, in a number of former Wiz locations. The new chain, which heavily mentioned that it was from the founder of The Wiz, went out of business less than two years later
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