Harry & David's failed Mr. Fix-It

Harry & David's failed Mr. Fix-It

There are 3 comments on the Fortune story from Apr 1, 2011, titled Harry & David's failed Mr. Fix-It. In it, Fortune reports that:

Steve Heyer couldn't bring gift baskets back to life. FORTUNE - When Steven Heyer took over as CEO of Harry & David in February 2010, the private-equity firm behind the struggling fruit and food gift-basket retailer lauded him as having "unparalleled experience as a brand builder" and "tremendous strategic vision." Heyer says that Ellis Jones, CEO ...

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cckersh

Portland, OR

#1 Apr 6, 2011
Perhaps if those vulture capitalists aka Wasserstein & Co. hadn't leveraged Harry & David so heavily, sold bonds to get back their stake and more, and then charged exorbitant management fees, the company might have have been able to weather the downtown in the economy. Instead they bled the H&D dry. I feel for the residents of Medford, OR. I love Wasserstein's mission statement:" Executing Strategic Visions to Help Businesses Embrace Change". Maybe not the change businesses want to embrace. But they've got the execution right.
emad

GÓza, Egypt

#2 May 10, 2011

Since: Aug 11

Chandigarh, India

#3 Aug 2, 2011
This is really nice. I really like your work. Thanks for sharing. Take care.

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