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Tuesday, September 01, 2015

Business

Business

Tuesday, November 10, 2009

Mitchells Set to Acquire West Coast Luxury Retailer

Mitchells, the Westport-based family-owned upscale clothier, is set to acquire San Francisco-based Wilkes Bashford Company as part of the high-end department store chain’s Chapter 11 bankruptcy filing.WestportNow.com Image
Jack Mitchell: Confirms deal in works. Dave Matlow for WestportNow.com

“If we can work things out, if the process goes through okay, we’ll acquire their assets,” Jack Mitchell, CEO of Mitchells, told WestportNow today.

Founded in 1966, Wilkes Bashford operated its six-story flagship store in San Francisco’s Union Square. It also opened stores in Mill Valley, Palo Alto, and Carmel, Calif. but the Mill Valley store and the Carmel store were closed in the last two months.

Under the proposed agreement filed with the Bankruptcy Court, Mitchells would pay $4.6 million in cash, subject to inventory adjustments. However, the transaction is subject to a competitive bid process to allow for higher or otherwise better offers.

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Posted 09:50 PM
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Saturday, November 07, 2009

Tack Room Back in the Saddle on Post Road East

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Westporters Ron and Susan Friedson reopened their family retail store, The Tack Room, at 153 Post Road East today at its prior location for 40 years until 2004 across from the Post Office in downtown Westport. Since then, the Friedsons have run the business online at horsemall.com and from their farm on Bayberry Lane. Early morning visitors included (l-r) Beth Greenwalt of Fairfield, Friedson, and Steve Bortner of Westport. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 03:55 PM
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Comings and Goings: Tack Room Reopens

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The Tack Room, a Post Road East mainstay for 40 years before its closing in 2004, returned today to its 153 Post Road East location where it is part of a group of small retailers known as 153 Market Place. On hand for the ribbon cutting were (l-r)  Linda Tse, owner of the building; Westport First Selectman Gordon F. Joseloff; Beth Greenawalt of Fairfield, a customer, and owner Ron Friedson. (CLICK TO ENLARGE) Contributed photo

Posted 03:52 PM
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Comings and Goings: Leonards Moving on Post Road East

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Leonards Antique Furniture store, 1026 Post Road East, will move across the street to 1045 Post Road East before year’s end. The new location was previously occupied by Smith & Hawken, a high-end gardening store that has recently gone out of business (see WestportNow July 10, 2009). Leonards opened at its current location in March 2000. A real estate source said its present lease was expiring and better terms were available at the new location. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 01:08 AM
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Sunday, November 01, 2009

Comings and Goings: Le Farm Arrives at Colonial Green

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LeFarm, a 30-seat restaurant located at 256 Post Road East in Westport’s Colonial Green shopping area, has opened at the site formerly occupied by the Seminara Restaurant. The owner, Westonite Bill Taibe, previously owned Relish Wine and Food at 86 Washington St. in South Norwalk and most recently was the chef at Napa & Co, 75 Broad St., Stamford.  Andrea Dinan, co-manager with Frank Rojas, describes the food as “comfort American cuisine with a European influence.” “Its farm-style’ food is sourced from small farms,” she said. The restaurant is open Wednesday through Saturday for dinner and Wednesday through Friday for lunch. The restaurant is available on Sunday, Monday and Tuesdays for private parties for dinner. Phone is (203)557-3701. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 03:23 AM
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Thursday, October 29, 2009

Celebrating an Opening

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Agabhumi, a retail store that specializes in jewelry and accessories crafted by Bali, Indonesia artisans, celebrated its opening tonight at 165 Post Road East opposite the Westport Post Office. Checking out some of the merchandise were (l-r) JIll Stern, store manager; Mary Young, an employee in Westport’s Planning and Zoning Department, and Regina Kirshbaum, co-owner. (CLICK TO ENLARGE) Dru Nadler for WestportNow.com

Posted 12:54 AM
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Wednesday, October 28, 2009

Comings and Goings: Ben & Jerry’s Closes

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Ben & Jerry’s ice cream store at 14 Post Road East, Westport, has closed its doors. A note on the door said: “This store’s franchise agreement has ended with Ben & Jerry’s. Thus the store has now closed. Thank you for your business.” (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 03:48 PM
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Sunday, October 25, 2009

Comings and Goings: Agabhumi Opens on Post Road East

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Agabhumi, a retail store that specializes in jewelry and accessories crafted by Bali, Indonesia artisans, has opened at 165 Post Road East, across from the Westport main post office. Founded in 2002 with its first store in Stamford, its owners Regina and Michael Kirshbaum also opened stores in Barbados in 2004 and Santa Monica in 2008. A grand opening reception with live music, wine and hors d’oeuvres is scheduled for Wednesday starting at 5:30 p.m. A portion of the grand opening revenues will be donated to the Stamford-based Bennett Cancer Research Center for breast cancer research. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 12:55 PM
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Thursday, October 15, 2009

Bruce Wasserstein’s Westport Connection

When he died suddenly on Wednesday at the age of 61, Bruce Wasserstein was best known for being the legendary Wall Street dealmaker. But according to Westport First Selectman Gordon F. Joseloff, his secret passion was journalism.WestportNow.com Image
Bruce Wasserstein (l) and Gordon F. Joseloff: high school journalists. (CLICK TO ENLARGE) Contributed photo

“He had the bug early on,” said Joseloff, who went to high school with Wasserstein in the 1960s at the private McBurney School on Manhattan’s West Side.

“Bruce was an assistant editor at The McBurneian, our high school newspaper,” said Joseloff, who was the newspaper’s editor in chief. “He clearly became intrigued with newspapers and journalism at an early age.”

Joseloff, who grew up in Westport but moved to New York when his parents divorced in the sixth grade—while spending summers in Westport with his father—said he did not have much contact with Wasserstein after high school. Except for one time.

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Posted 11:49 AM
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Wednesday, October 14, 2009

Comings and Goings: Room Latest Sconset Square Addition

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Room, a custom furniture and design store, has opened at 10 Sconset Square, off Westport’s Myrtle Avenue. Owners Amy Crain and Shawn Miller have operated their flagship shop at 182 Duane St. in Manhattan’s Tribeca section for 11 years. The couple, along with their 5-year-old son, found a home in Wilton and chose Westport for their business because, Miller said, they “liked the casual vibe of Westport.” Pictured is Alexis Presley, a 2004 Staples High School graduate, who manages the Westport Room. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 09:27 PM
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Westport Man Pleads Guilty to Conspiracy Charge

A Westport man who is a former president and chief financial officer of Greenwich-based United Rentals Inc. pleaded guilty today to conspiring to falsify the company’s records, the U.S. Attorney’s Office said.WestportNow.com Image
John N. Milne: Westporter also agrees to disgorge $6.25 million. File photo

John N. Milne, 50, a Canadian citizen living on Maple Avenue South, entered the plea before Senior U.S. District Judge Ellen Bree Burns in New Haven a day before he was scheduled to go on trial.

He faces a recommended sentence of 27 months in prison when he is sentenced Feb. 11, prosecutors said. He remains free on $1 million bond.

To resolve a separate civil action involving financial fraud charges brought by the U.S. Securities and Exchange Commission, Milne has agreed to disgorge $6.25 million, the commission said.

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Posted 12:31 AM
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Tuesday, October 13, 2009

Picture Perfect

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The fresh produce section is picture perfect ready for Wednesday’s opening of The Fresh Market on Westport’s Post Road East.  The Westport store, the first in Connecticut for the Greensboro, N.C- based chain, will be its 92nd and in its 18th state. (CLICK TO ENLARGE) Barrett Kowalsky for WestportNow.com

Posted 08:18 PM
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Fresh Market Set to Open Wednesday

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The long-awaited opening of The Fresh Market at 605 Post Road East in the space formerly occupied by Shaw’s Supermarket is set for Wednesday morning. Grand opening activities will include chef demonstrations, food sampling stations, and a free sample bag of the company’s house blend gourmet coffee to the first 1,000 customers. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 08:08 PM
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At the Ready

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Danny Watkins (l), district manager and Michael Black, store manager, discuss final details today prior to Wednesday’s 9 a.m. opening of The Fresh Market on Westport’s Post Road East. Black relocated to a Westport residence from Toledo, Ohio where he was the Fresh Market store manager. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 08:05 PM
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Monday, October 12, 2009

Comings and Goings: Body Quest and Princess Jewelers

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Body Quest, a personal fitness salon for women and men opened in August at 580 Post Road East.  Meanwhile, its next door neighbor, Princess Jewelry at 578 Post Road East, a shop that buys and sells antique and estate jewelry announced it is closing. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 08:07 PM
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