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Steve & Barry's : ウィキペディア英語版
Steve & Barry's

Steve & Barry's was an American retail clothing chain, featuring casual clothing. By mid-2008, the chain operated 276 stores in 39 states. The company was headquartered in Port Washington, New York. The company liquidated all of its stores throughout 2008 and 2009.〔(【引用サイトリンク】title=Steve & Barry's US store closings can begin: court )
The chain's origin was based on various university campuses across the United States. Until 2007, it was called Steve & Barry's University Sportswear, and the chain specialized in college-related clothing and private-label casual clothing. The chain dropped the "University Sportswear" tagline after securing licensing agreements with several celebrities to develop and distribute private-label lines of clothing designed or inspired by each of them, in an attempt to expand the chain's customer base.
== History ==

Founded by Steven Shore and Barry Prevor at the University of Pennsylvania in 1985 while Prevor was an undergraduate student, Steve & Barry's became a local popular destination due to its low prices compared to other university bookstores and gift stores. The success of the original store led to the opening of locations on university campuses, including Michigan State University, the University of Michigan, the University of Illinois, the University of Wisconsin–Madison,〔(【引用サイトリンク】title= Guide to game day in Madison )Indiana University, Rutgers University, the University of Colorado at Boulder, and Purdue University.
In 1998, Steve & Barry's opened its first large mall-based store at Great Lakes Crossing in Auburn Hills, Michigan.〔(【引用サイトリンク】title=STEVE & BARRY'S RETAIL REVOLUTION: The price is right )〕 The new line of products included denim, business casual, active wear, outerwear, and T-shirts. In addition, the company began marketing "All-American" brands such as Hershey's, Marvel Comics, Ford, WWE World Wrestling Entertainment,〔(【引用サイトリンク】title=World Wrestling Entertainment Launches New Retail Apparel Line With Steve & Barry’s )〕 My Little Pony, Monopoly,〔(【引用サイトリンク】title= Hasbro Inks Agreement to Bring Licensed Apparel Collection to National Retailer Steve & Barry's )〕 and General Mills cereals, amongst others.〔(【引用サイトリンク】title=Steve & Barry’s Rules The Mall )
The continuing product line expansion and store growth allowed the company to achieve a 50% annual growth rate over more than two decades.〔〔(【引用サイトリンク】title=FEATURE: Steve & Barry’s University Sportswear Eyes Mall Anchor Locations )〕〔(【引用サイトリンク】title=Mid-Market All Stars '08 )〕〔(【引用サイトリンク】title=Steve & Barry's Scores a Hit )〕 The International Council of Shopping Centers named Steve & Barry’s as the “Hot Retailer of the Year” in 2005, along with Apple Computer and Williams-Sonoma, for generating the most mall traffic and cachet.〔(【引用サイトリンク】title=2005 Hot Retailer Awards Honor the Tenants Landlords Say Generate the Most Buzz )〕〔(【引用サイトリンク】title=Steve & Barry's a hot name for shopping mall managers )〕 Brandweek named Steve & Barry’s 2007 Marketer of the Year.〔(【引用サイトリンク】title=People and Accounts of Note )〕〔(【引用サイトリンク】title=BRANDWEEK’S Marketers of the Year 2007 )〕〔(【引用サイトリンク】title= Final Markdown at Steve & Barry's? )〕 The Company’s in-house video productions won a 2007 Silver Telly Award for distinction in creative work.〔(【引用サイトリンク】title=28th Annual Telly Awards Winners Announced - Outstanding commercials, videos, films and internet work honored from record breaking pool of entries )〕 By 2007, Steve & Barry’s was ranked in the 400 largest private companies in America by Forbes Magazine.〔(【引用サイトリンク】title=America’s Largest Private Companies )〕 Founders Steve Shore and Barry Prevor were awarded the Ernst & Young Entrepreneur of the Year Award for 2006 in a metropolitan New York Area 20th anniversary event with more than 500 people in attendance.〔(【引用サイトリンク】title=Retail Entrepreneurs of the Year – Serious About Retail Fun )〕〔(【引用サイトリンク】title=Award Winners of Ernst & Young Entrepreneur Of The Year(R) Award Announced in Metropolitan New York Area )〕〔(【引用サイトリンク】title=Award Winners of Ernst & Young Entrepreneur Of The Year Award Announced in Metropolitan New York Area )〕〔(【引用サイトリンク】title=Award Winners of Ernst & Young Entrepreneur Of The Year(R) Award Announced in Metropolitan New York Area )〕〔(【引用サイトリンク】title=Award Winners of Ernst & Young Entrepreneur Of The Year(R) Award Announced in Metropolitan New York Area )
For several years the company was the fastest growing specialty retailer in the United States, adding of new retail space in 2005, of new retail space in 2006, and of new retail space in 2007; more than the combined total of specialty clothing competitors Gap (Gap, Banana Republic, Old Navy), Abercrombie & Fitch, American Eagle Outfitters, and Pacific Sunwear.〔(【引用サイトリンク】title=Whipsaw )〕 Steve & Barry's was among the top 10 builders of new square footage among all retailers in the United States when including big-box chains like Wal-Mart, Target, Home Depot, Walgreens, Costco, etc.〔(【引用サイトリンク】title=The Big Builders – The nation’s best retailers combined in 2006 to raise capital spending to $47 billion )
In 2006, private equity firm TA Associates closed a minority investment in the company for an undisclosed amount.〔(【引用サイトリンク】title=Private Equity Firm Gets Steve & Barry's )〕 A group of investment firms led by Bay Harbour Management, former owner of Barney’s New York luxury department store chain, later purchased the company for $168 million.〔(【引用サイトリンク】title=Steve & Barry's announces $168 million deal to buy chain )〕 In early 2008, GE Commercial Finance Corporate Lending provided a $197 million asset-based credit facility to the company,〔(【引用サイトリンク】title=GE Corporate Lending Provides $197 Million Asset-based Credit Facility to Steve & Barry's )〕 for working capital to replace Steve & Barry's credit facility from the CIT Group.〔(【引用サイトリンク】title=UCC Filing Record Details )
On July 9, 2008, the company filed for Chapter 11 bankruptcy reorganization, citing a liquidity squeeze and the economic downturn,〔(【引用サイトリンク】title=Steve & Barry's Files for Chapter 11, Cites Liquidity Squeeze, Economy )〕〔(【引用サイトリンク】title= Steve & Barry’s® Initiates Chapter 11 Case, Steve & Barry’s Stores Open and Serving Customers as Usual )〕 while in discussions with potential strategic and financial partners for a stronger Steve & Barry's to emerge.〔(【引用サイトリンク】title=Breaking: Steve & Barry’s Files Chapter 11 )〕 While initial results were promising,〔(【引用サイトリンク】title=Steve & Barry's Will Live On: Buyer Is Found )〕 reorganization efforts ultimately failed, and successor parent company BH S&B Holdings announced the liquidation of its 173 remaining stores at the height of the credit crisis on November 27, 2008, which automatically converted the Chapter 11 reorganization into a Chapter 7 liquidation.〔(【引用サイトリンク】title=Steve & Barry's plans to close all of its stores )

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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