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Sennheiser electronic GmbH & Co. KG says it will reorganize and expand its headquarters and main production plant in Wennebostel (Wedemark), Germany.
In a blog post by Groupon Founder Andrew Mason, it was announced that Margo Georgiadis has left her post as the company's COO.
On August 30, Hart Stores Inc. filed for protection under CCAA (Companies' Creditors Arrangements Act), giving them until September 29 to assess and reorganize the business.
The largest photography retailer in the U.S. has filed for bankruptcy protection. On February 24, Ritz Camera Centers Inc. successfully petitioned the U.S. Bankruptcy Court in Wilmington, Delaware for interim debtor-in-possession financing of US$85 million to cover payroll and operating expenses while it reorganizes.
The TSW9500 from Philips Pronto marks its first in-wall system designed to use the same configurations that have already been created for the TSU9800 and TSU9600.