Harry & David in Chapter 11

[Shooter]

An old Oregon institution is finally going down. Man, this recession is brutal.

http://money.cnn.com/2011/03/28/news/companies/harry_david_bankruptcy/index.htm

 

[SlyPokerDog]

They've been circling the drain for years.

 

[EL PRESIDENTE]

their baskets sucked.

 

[maxiep]

They sell luxury goods in a time when there aren't a lot of extra dollars floating around.

 

[EL PRESIDENTE]

wonder how much of their biz was corporate gifts. we used to get alot.

 

[andalusian]

There's was a business with no real distinguishing marks - it's a miracle they lasted as long as they did, imho.

 

[maxiep]

Well, it's Chapter 11, not Chapter 7. We'll see how they reorganize.

 

[andalusian]

Well, it's Chapter 11, not Chapter 7. We'll see how they reorganize.

Yes. The point I was trying to make is that other than the customer list - what distinguishing features do they really have?

 

[BLAZER PROPHET]

Everything I've had from them was outstanding. I got one of their baskets a couple of years ago from some attorney and the fruit was excellent... But they are spendy and I've never seen them marketing.

 

[MARIS61]

They direct a lot of their advertising to tourists (brochures at motels and visitor centers advertising tours).