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EToys fires all its remaining employees. Bye-bye. Where are they located?
It would be intersting to attend the liquidation auction.
http://cbs.marketwatch.com/archive/20010205/news/current/netdaily.htx?symb=ETYS&sid=148232&source=htx\http2_mw
The end for EToys
By Carl Corry, CBS.MarketWatch.com
Last Update: 5:03 PM ET Feb 5, 2001 NewsWatch
Latest headlines
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Online retailer EToys Inc. (ETYS: news, msgs) said it was cutting its
remaining 293 employees effective April 6 because it does not believe a
necessary cash infusion to fund operations would come in time.
On Jan. 4, the company about 700 of its employees to cut costs and warned
that it would need a major cash infusion to keep operating past March 31.
However, the company said it "does not believe that additional capital will
be available to the company" and it will be forced to close its doors for
good. The company also reported that its standstill agreement with an
informal committee of its unsecured creditors has been extended to Feb. 15.
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Message has 3 Replies:
 | | Re: The End for EToys
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| "Asher Kobin" <asherk@pobox.com> wrote in message news:G8B5vy.Mu@lugnet.com... (...) located? (...) (URL) (...) There is an eToys warehouse/distribution center about an hour and a half from here (just north on Danville on Hwy. 29 in southern (...) (23 years ago, 6-Feb-01, to lugnet.market.shopping)
| | | EToys inventory at auction
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| (...) From the wires: (URL) (SCHL:Nasdaq - news) placed a bid for some of eToys.com's inventory and assets, including technology that may help the company's own Web aspirations. Failed Internet retailer eToys is auctioning its assets as part of (...) (23 years ago, 26-Mar-01, to lugnet.general)
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