Bluestem Brands
Bluestem Brands has been designated an at-risk company which retails home, clothing, electronics, cosmetics, and health products. They own 13 e-commerce websites, including Bedford, Appleseed, Fingerhut, Free, Draper’s & Damon’s, Gettingon.com, and Blair. Let’s hope they’ll execute a strategy fast!
Bluestem
PetSmart Inc.
PetSmart recently acquired an e-commerce platform, Chewy, but the high price tag of $3.35 billion just raised their debt dramatically. Can you imagine that this is the biggest a company has ever paid for an e-commerce site? PetSmart has over 1500 stores throughout the US, Canada, and Puerto Rico. Since Amazon has become an e-commerce hotspot in which products are easily browsed and delivered, which thus attracts more consumers, you can safely say it is to blame for their $8 million debt.
PetSmart
