Steve & Barry's Student Newspaper Debt
Paper Trail deems Steve & Barry's an epic fail after the Wall Street Journal reported last week that the financial troubles of the discount sports apparel retailer have trickled down to one of this blog's beloved student newspapers.
The chain has fallen months behind on $36,000 in bills to the Michigan Daily, the University of Michigan's student newspaper, and still owes $20,326 for ads bought more than a year ago. "It's by far our largest unpaid debt," said the Daily's business manager. "They owe us more than we set aside for all unpaid debts for the year." Steve & Barry's management did not respond to the Journal's calls for comment.
Tags: newspapers | University of Michigan
Tools: 
Share
|
| Comments (2) | Print
Reader Comments
Stop supporting retailers who don't pay!
a company with whom i do business is owed more than $50,000 by these clowns, and they are continually referred to their purchasing department in bangalor with no resolution in sight. debts like this are enough to bring down small businesses who've extended steve & barry's credit and/or services, which means lost jobs here, people, for many more than a couple of twits in port washington! why are they any different than a walmart, who use foreign slave labor to give americans cheap t-shirts?
RE> Stop supporting retailiers that dont pay!
"a company with whom i do business is owed more than $50,000 by these clowns, and they are continually referred to their purchasing department in bangalor with no resolution in sight"
Its not Bangalore but its Mumbai, India..I know it doesnt matter but still for your information.
Add your thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.advertisement
