Merrimack, N.H.

Brookstone, the struggling retailer known for its consumer gadgets, massage chairs and eclectic home furnishings, filed for Chapter 11 bankruptcy protection Thursday, with plans to sell itself to the owner of the Spencer's retail chain for about $147 million. The filing caps a challenging period for Brookstone, which has laid off workers and closed stores amid a decline in sales. The company, which is privately held and based in Merrimack, N.H., said it lost $18 million in the 13 weeks that ended Sept. 28, compared with a loss of $12 million in the period a year earlier. 

MERRIMACK, N.H. — Brookstone announced that it has accepted the resignation of Stephen Bebis, its president and CEO and a member of the company's board of directors. Bebis' resignation will be effective April 4. Bebis joined Brookstone in May 2012....

Merrimack, N.H. -- Brookstone announced the launch of a new tablet-optimized website. "In response to the growing trend of tablet shopping, Brookstone saw the importance of developing a premier tailored shopping experience for our customers to more...

Merrimack, N.H. -- Brookstone said it has hired Stephen Bebis as its new president and CEO, effective immediately. Bebis is the founder of Golf Town and served as its president and CEO for 14 years. He has also worked at Home Depot, serving as VP general merchandise manager for its mid-southern division. “We conducted a broad CEO search and interviewed a number of highly qualified internal and external candidates,” said Jackson Tai, chairman of the board of directors of Brookstone and its interim president and CEO since January. “We were impressed by Stephen's track record as an entrepreneur, his

Indianapolis -- Simon Property Group announced that Saks Fifth Avenue Off 5th will open a total of seven new stores in the next two years in its Premium Outlets division, including new centers and existing centers. The new centers include: Merrimack Premium Oulets, Merrimack, N.H.; Phoenix Premium Outlets, Chandler, Arizona; St. Louis Premium Outlets, Chesterfield, Mo.; and Tampa Premium Oulets, Wesley Chapel, Fla. Expansions are planned for the following centers: Chicago Premium Outlets, Aurora, Ill.; Las Vegas Premium Outlets—North, Las Vegas; and Orlando Premium Outlets-Vineland Ave., Orlando, Fla. In addition, SPG said that Saks Fifth Avenue Off 5th has

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