Custom Shop.com Finds Buyer

Share this content:
The Custom Shop.com, formerly a retail chain of custom shirts and suits, has found a buyer for its trade name, customer records and Web site, www.customshop.com.


Michael Smith, an entrepreneur in Toledo, OH, paid $379,000 for the assets in a Houston court auction that presided over Custom Shop's Chapter 7 bankruptcy proceedings.


"Smith got a wonderful deal. If he can preserve the customer list, it will be a great investment," Rodney Tow, a trustee in the case, said yesterday.


Founded in 1937, Custom Shop, Houston, at its zenith had 52 stores nationwide and an online store. The previous owners declared bankruptcy in March.


"The last two owners were misdirected and under-funded," Smith said.


In the tailored men's apparel line since 1984, Smith earlier had bought three Custom Shop stores in San Francisco, Houston and Washington. The chain also has two stores in Detroit and a third in the suburb of Birmingham, a Smith-owned store since 1999. A Custom Shop plant in Franklin, NJ, is still active.


Smith said that he is confident of regaining Custom Shop customers.


"We still have all their measurements," he said, adding that he would apply the same standards of service expected of Custom Shop.


Loading links....
close

Next Article in Marketing Strategy

Sign up to our newsletters

Company of the Week

Since 1985, Melissa Data has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa Data offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

DMN's Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here