ShopHQ / imedia Brands file for bankruptcy in Delaware

BdBettyB · ‎06-01-2017

I'm sad but it was coming. Thanks Invicta d bros for destroying a good affordable place to shop. As we all knew the world DOESN'T need a ton of watches.

You can Google it. The links that pop up are paywall so here is a copy and paste.

'iMedia Brands Inc. files for Chapter 11 bankruptcy protection in District of Delaware court, according to a court filing.

Estimated liabilities: $100-$500m
Estimated assets: $100-$500m
NOTE: In May, iMedia Brands: Synacor Declared Events of Default Have Occurred
- iMedia: Substantial Doubt About Going Concern"

Caaareful Shopper · ‎10-09-2012

Plus their ridiculous Bulldog Shopping Network, and their Shophq After Dark never seemed like sound business moves.

BdBettyB · ‎06-01-2017

@Caaareful Shopper wrote:
Plus their ridiculous Bulldog Shopping Network, and their Shophq After Dark never seemed like sound business moves.

A very Bro thing.

Rockycoast · ‎03-02-2016

Yes, they should have changed the name to The Watch Channel. Seemed that item was on 90% of the time. Never cared for the clothing lines they sold. They had that massed produced look to them.

Estellee · ‎07-12-2011

I remember when it was called ValueVision they had a great selection of gold jewelry at decent competetive prices

IMW · ‎06-15-2014

@Estellee I also remember--great jewelry. For example I have a stampato bracelet 14 karat, 23 grams for $230.

Gold was $225 an ounce

HSN had fabulous deals in clearance.

QVC had monthly gem days, highlighting birthstone for that month. I used. to watch round the clock on Gem Day.

Bookplate · ‎08-19-2011

@Estellee wrote:
I remember when it was called ValueVision they had a great selection of gold jewelry at decent competetive prices

Not just gold, but a terrific selection of jewelry designers working in both gold and sterling. They would often have emerging designers with smaller outputs, as well as established lines. It's really a shame what happened.

cjmcp · ‎04-05-2010

Can't say I'm surprised. They've been on a downhill slide for quite sometime. I seldom watch anymore. With Tom Brennan gone even the Waterford shows last week were boring. And Michael Valitutti has been posting about trying to get problems he's been having resolved but keeps saying he will be back soon. Maybe he should move on too.