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    News and Articles on Hanover Direct (HNV)


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    New beauty products will make girls feel like princesses  Nov 10, 2009
    Nearly 1 million roller blinds and Roman shades sold by IKEA, Bed Bath d and Hanover Direct were recalled Tuesday for posing a serious strangulation risk to small children. A child's neck can get tangled in the inner cord of Roman shades or the exposed loop of roller blinds, according to the Consumer Product Safety Commission. (Fresno Bee -- Lifestyle)

    Operation Homefront Recognizes Backpack Brigade Sponsors  Aug 14, 2009
    Program Made Possible By Dollar Tree, Hanover Direct, and General Dynamics ... Made possible through the generosity of Dollar Tree Inc., Hanover Direct Inc., General Dynamics and hundreds of volunteers nationwide, the program serves some of the lowest-paid service members, the E1 through E6 enlisted ranks ... "Thanks to Dollar Tree, Hanover Direct, and General Dynamics literally thousands of military children got a small boost as they get ready to go back to school. Our nation needs a strong... (PR Newswire)

    Contract dispute leads to lock out at Company Store  May 27, 2009
    Though employees would have to take a cut in the first year, parent company Hanover Direct Manufacturing said in a news release its offer would restore wages for a majority in the second year and grant an increase in the third. The company said it continues to operate in an industry where most jobs have gone overseas, and its final offer represents the best possibility to maintain its operation although it may result in hiring replacement employees. (La Crosse Tribune, WI)

    Board Meeting Remarks Result in $2.1 Million Verdict Against Corporate Counsel  Apr 1, 2009
    In 2003, Chelsey Capital, a New York hedge fund, acquired a controlling interest in Hanover Direct, a Weehawken direct-marketing company, and placed Wachtel on the Hanover board. In the suit, Blue v. Hanover Direct, HUD-L-5153-0, Hanover's former chief financial officer Charles Blue alleged that Wachtel got him fired for opposing a plan to deny severance to another member of old management based on trumped up "good cause" for termination, which Blue believed violated the Employee Retirement... (Law.com)




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