Corporate Office HQ

Symantec Corporation Corporate Office

Symantec Corporation

Symantec was founded by Gary Hendrix with a grant from the National Science Foundation in 1982. The company originally focused on artificial intelligence.

Two years later in 1984 it became clear that the product the company was developing would not work. This left Symantec with expertise but no viable product. At this juncture the company was bought by C&E Software. The new company retained the name Symantec.

Symantec developed Q&A, a database and word processing software program for IBM-compatible computers that is cited as a significant step toward making computers less intimidating and more user friendly.

History

Revenues from Q&A allowed the company to grow and expand. In 1993 Symantec acquired ACT!, in 2004 Veritas, and in 2010 Verisign’s authentication business unit, among others.

Today Symantec provides security, storage, and systems management software for businesses and consumers. The company’s applications include such functions as virus control, data backup, PC maintenance, intrusion detection, content filtering, and remote server management.

Symantec’s products include the Norton family of security software, including Norton Antivirus, McAfee, Panda Security, BitDefender, Sophos, and Trend Micro, among others.

Symantec has 21,500 employees and had $6.73 billion in revenue in 2012.

Symantec was founded by Gary Hendrix with a grant from the National Science Foundation in 1982. The company originally focused on artificial intelligence. Two years later in 1984 it became clear that the product the company was developing would … [Continue reading] about Symantec Corporation Corporate Office

PC Connection Corporate Office

PC Connection

PC Connection was founded in 1982 by Patricia Gallup and David Hall in Marlow, VT. They used savings of $8,000 to purchase inventory and take out one advertisement in a magazine.

The company began to grow quickly under the principles of excellent customer service and cultivating long-term customers.

In 1998 the company completed an IPO and became a public company traded on the NASDAQ.

History

In 1999 PC Connection acquired Comteq Federal and began to serve the computing needs of the Navy, the NSA, and the IRS.

In 2002 the company expanded its business in Florida through the acquisition of MoreDirect, in 2005 in New Hampshire with the acquisition of Amherst Technologies, Inc, and in 2011 in Chicago with the acquisition of ValCom technologies.

Today PC Connection is a leading direct marketer of computer products selling hardware, software, networking devices, and peripherals. It also provides a range of IT services. PC Connections has 2,000 employees and had $2.2 billion in revenue in 2012.

PC Connection was founded in 1982 by Patricia Gallup and David Hall in Marlow, VT. They used savings of $8,000 to purchase inventory and take out one advertisement in a magazine. The company began to grow quickly under the principles of excellent … [Continue reading] about PC Connection Corporate Office

Saks Fifth Avenue Corporate Office

Saks Fifth Avenue

Andrew Saks founded Saks & Company in New York in 1867. The company was incorporated in 1902.

In 1923 Saks & Co. merged with Gimbel Brothers, Inc. In 1924 Horace Saks and Bernard Gimbel opened Saks Fifth Avenue in New York City.

History

When Bernard’s brother, Adam Gimbel, took over the company in 1926 the company began to expand nationally.

In 1973 Saks was acquired by BATUS Inc. Saks was sold again in 1990, this time to Investcorp S.A. Investcorp took the company public in 1996.

In August of 2007, the United States Post Office began an experimental program selling the plus zip code extension to businesses. The first company to do so was Saks Fifth Avenue, which received the zip code of 10022-7463 (“SHOE”) for their eighth-floor shoe department in its flagship Fifth Avenue, New York, location.

In 2013 the Hudson Bay Company (owners of competitor Lord & Taylor) announced it would acquire Saks Fifth Avenue’s parent company for $2.9 billion. The new owners are planning to expand Saks Fifth Avenue into Canada and in 2016, opened their first store in Toronto, with a second location opening in Calgary, Alberta, in February of 2018.

In 2015, the company began a 3-year, $250 million restoration plan for their flagship Fifth Avenue location. Completion is expected by the end of 2018.

In August 2023, Neiman Marcus was in talks with Saks about a possible merger.

Saks 5th Avenue maintains a corporate office in New York, New York.

Andrew Saks founded Saks & Company in New York in 1867. The company was incorporated in 1902. In 1923 Saks & Co. merged with Gimbel Brothers, Inc. In 1924 Horace Saks and Bernard Gimbel opened Saks Fifth Avenue in New York City. When … [Continue reading] about Saks Fifth Avenue Corporate Office

Rakuten.com Shopping Corporate Office

Rakuten.com Shopping

Scott Blum founded Buy.com in 1997. The company sold electronics at below cost and made up the difference with advertising and ancillary services like warranties and equipment leases.

Buy.com had the record for first year sales of any company with $111 million in 1998, its first full year of business.

Scott Blum sold his stake in the company to SoftBank in 1999 for $195 million, right before the company filed an IPO. Stock values plummeted the following year and he bought his stake back for $23.6 million in 2001.

History

In 2002 Buy.com expanded beyond electronics and began adding soft goods to their catalog.

Buy.com has an extensive eBay store and has over 1 million positive reviews.

In 2010 Buy.com was acquired by Rakuten, Inc., Japan’s biggest e-commerce company. The acquisition had an approximate value of $250 million.

In 2013 Rakuten, Inc. announced the official rebranding of Buy.com to “Rakuten.com Shopping.”

Rakuten.com Shopping offers more than 17 million products and is ranked in the top three e-commerce companies in the world.

Scott Blum founded Buy.com in 1997. The company sold electronics at below cost and made up the difference with advertising and ancillary services like warranties and equipment leases. Buy.com had the record for first year sales of any company with … [Continue reading] about Rakuten.com Shopping Corporate Office

Overstock.com Corporate Office

Overstock.com

Patrick M. Byrne founded Overstock.com in 1997 to sell surplus and returned inventory of retail stores, liquidating the inventories of at least 18 failed dot-com companies at prices that were below wholesale.

History

The first year of operation, Overstock.com had $1.8 million in revenue.

The company showed a profit for the first time in 2008. In 2009 the company resumed making losses and finally became profitable in 2010.

In recent years Overstock.com has expanded to sell new merchandise. From 2004 to 2011 the company offered online auctions but the practice was ultimately retired.

Overstock.com began rebranding in 2011 as “O.co” in an effort to simplify and unify its international operations. However, customer confusion led to a temporary retraction of the rebranding.

Today Overstock.com is an internet retailer providing discounts on brand name, non-brand name, and closeout merchandise in the United States and internationally. The company also has a vehicle selling service.

In September 2018, the company announced that it was selling Bitcoin through its website using Bitsey Wallet.

In August 2019, CEO Patrick Byrne stepped down after making claims that he had been an FBI informant and that he was involved romantically with a Russian spy. Jonathan Johnson was named as interim CEO.

Many products are made specifically for overstock.com and the company also sells merchandise of other retailers through its website. Overstock. com has 1,800 employees and had $1.745 billion in revenue in 2017.