Route 12A RadioShack Closes
West Lebanon — The RadioShack store on Route 12A, a longtime presence on the West Lebanon commercial strip, closed for good last week, another victim of the Fort Worth, Texas-based company’s February 2015 bankruptcy. Last year, the electronics retail chain filed for bankruptcy and sold 1,700 of its stores to Standard General, a hedge fund that entered into a co-branding agreement with Sprint Corp. to sell the mobile phone provider’s...
Lebanon HVAC Contractor Closes
West Lebanon — One of the Upper Valley’s best-known heating, ventilation and air conditioning contractors filed for bankruptcy Thursday after the contractor’s bank account was frozen as a vendor sought to recover money owed for the purchase of supplies. M.J. Hayward Mechanical/Electrical Services Inc., which has serviced a long list of the area’s businesses, institutions and homes, filed for Chapter 7 relief after showing steadily...
Money Talk: Helping Millennial Workers Start Saving
Question: We have 90 employees, many of them millennials, and only about 30 percent take advantage of our retirement plan. What resources and advice can I use to get our employees to take control of their retirement future? Answer: The youngest generation of adults and near-adults vividly remembers the stock market crash and financial turmoil of 2008-09. So they’re understandably wary of investing, plus more of them are dealing with...
Consumer Confidential: Columbia House — 12 Albums for a Penny! — Files for Bankruptcy
Before there was iTunes, before there was Spotify — heck, even before Al Gore rolled up his sleeves and invented the Internet — there was Columbia House. The company defined mail-order music for generations of shoppers and pioneered some of the most obnoxious, misleading and hard-to-remedy marketing tactics ever inflicted on consumers. And now Columbia House, bless its evil little heart, is bankrupt. The owner of the company, Filmed...
