Brookstone is a chain of retail stores in the United States and China.
FactSnippet No. 1,386,213 |
Brookstone stores are generally found in airports and operates an online webstore.
FactSnippet No. 1,386,214 |
Brookstone is distinctive in that it allows customers to play with any product in the store before making a purchase.
FactSnippet No. 1,386,215 |
Brookstone's stores were to remain open and running as usual during the bankruptcy process.
FactSnippet No. 1,386,216 |
In June 2014, Brookstone was purchased by the Chinese investment firm, Sailing Capital, and Chinese conglomerate, Sanpower, for more than $173 million.
FactSnippet No. 1,386,217 |
Brookstone started out as a catalog company, with local and long-distance catalog circulations that initially were introduced from a classified ad in a Popular Mechanics magazine in 1965.
FactSnippet No. 1,386,218 |
The demand for the unique products that Brookstone offered developed into a strong consumer, demand-based system that led to a need for specific Brookstone retail stores.
FactSnippet No. 1,386,219 |
Brookstone fixed their customer base issue in the 1980s by introducing products in their stores that were not available in their catalogs; however, they still focused on unique tools and household goods.
FactSnippet No. 1,386,220 |
Brookstone was purchased by an investment group including Greylock Management, Duncan, Cook and Co.
FactSnippet No. 1,386,221 |
In 1992, Brookstone opened kiosks that offered Brookstone items, but contained a limited selection of items.
FactSnippet No. 1,386,222 |
Brookstone evolved into a multimillion-dollar company while retaining a strong grip on their original theme of offering unique and interesting products.
FactSnippet No. 1,386,223 |
In June 2014, Brookstone was purchased by the Chinese investment firm Sailing Capital and Chinese conglomerate Sanpower for more than $173 million.
FactSnippet No. 1,386,224 |
Brookstone is in competition with The Sharper Image, a similar company that filed for bankruptcy in 2008, but continues to run its online storefront and catalog.
FactSnippet No. 1,386,225 |
In November 2009, Brookstone received media coverage over the firing of Massachusetts man Peter Vadala.
FactSnippet No. 1,386,226 |
Brookstone asserts it has a zero-tolerance policy on discriminatory harassment.
FactSnippet No. 1,386,227 |