Bluestem Brands
Bluestem Brands is a retailer of beauty, electronics, apparel, appliance, and health products. It has been called yet another at-risk company. It owns 13 e-commerce sites such as Appleseed’s, Fingerhut, Bedford Fair, Blair, Draper’s & Damon, and Gettingon.com. We can only hope that things will look up soon!
Bluestem
PetSmart Inc.
PetSmart Inc. is a huge pet product retailer that boasts of more than 1,500 stores across Puerto Rico, Canada, and the U.S. The $8 million debt it has can be traced back to the increasing popularity of Amazon and other e-commerce sites. It recently decided to invest $3.35 billion in Chewy, an e-commerce site of its own. This was a shocking amount. As a matter of fact, it is the most money any company has paid for an e-commerce site.
PetSmart