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Reader’s Digest CEO: It’s Time For A Haircut
mypost.com 1 week, 5 days agoJust a little off the top, please. Reader’s Digest Association CEO Robert Guth is asking bondholders to take a 5 percent haircut on its senior debt. Nearly $60.7 million has been earmarked for the tender offer. The company said yesterday that it was giving bondholders until June 14...
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Thrillist’s JackThreads Hits 2 Million Members, Plans To Move Beyond Flash Sales
techcrunch.com 19 hours, 28 minutes agoJackThreads , the members-only shopping club bought by men’s lifestyle brand Thrillist two years ago, just hit a major milestone this morning: 2 million members. At the time of the original acquisition, JackThreads was really small, says Thrillist co-founder and CEO Ben Lerer . It only had around 100,000-150,000 members in total. But it soon grew. JackThreads hit the 1 million member mark in July 2011, and since then, the average number of orders placed per month has more than doubled, average daily sales h
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