Things Remembered may soon be forgotten.
The retailer’s executive ranks have been through something of a revolving door, according to the LinkedIn pages of several employees. The company’s move last year to sell on Amazon was an attempt to chase more customers, according to CEO Nelson Tejada.
But it’s difficult for any retailer to chase much of anything hampered by debt. A decade or so of private equity ownership and a restructuring attempt three years ago have done little to alleviate its misfortunes.
