Lemonis | Jotup

Beyond, Inc. Acquires Ecommerce Pioneer Zulily, Supercharging its Off-Priced Business

Retrieved on:

Thursday, March 7, 2024

Bed Bath & Beyond, Shopify, Acquisition, Social media, Growth, Sale, Lemonis, Beyond, Jewellery, Intellectual property, Hand, Retail

This strategic move was designed to further strengthen Beyond's position in the off-price market, enhancing value for customers on the products they’re looking for.

Key Points:

This strategic move was designed to further strengthen Beyond's position in the off-price market, enhancing value for customers on the products they’re looking for.
The addition of Zulily will complement Beyond’s suite of brands, including Overstock, which is scheduled to relaunch later this month.
“The ramp with Zulily is simple, as the website and mobile app are already built and available in the Shopify environment.
We will be able to integrate it seamlessly into our back-end systems for order fulfillment, logistics, and operations to be handled by our existing teams.”

Marcus Lemonis Appointed Executive Chairman of Beyond, Inc.

Retrieved on:

Tuesday, February 20, 2024

Bed Bath & Beyond, Camping World, Growth, Good Sam, Lemonis, Overstock.com, Audit committee, Lead, Bed, Management

Lemonis has been a director of Beyond since October 2023 and the Chairman of its board since December 2023.

Key Points:

Lemonis has been a director of Beyond since October 2023 and the Chairman of its board since December 2023.
As Executive Chairman, Lemonis will work closely with the management team to lead and execute Beyond's strategic priorities, including expanding customer offerings, driving operational excellence, and enhancing shareholder value.
“We look forward to continuing to work with Marcus in his new role as Executive Chairman of the board,” said William Nettles, Independent Board Member and Chair of the Audit Committee.
“I am honored to be taking on the role as Executive Chairman of the Beyond Board of Directors,” said Lemonis.

Overstock Appoints Marcus Lemonis to Board of Directors

Retrieved on:

Tuesday, October 3, 2023

Bed Bath & Beyond, Culture, Overstock, Bed, OSTK, Entrepreneurship, Acquisition, Camping World, Growth, NYSE, Management, Lemonis

MIDVALE, Utah, Oct. 03, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Overstock.com, Inc. (NASDAQ:OSTK) has appointed Marcus Lemonis as its newest independent director, effective October 2, 2023.

Key Points:

MIDVALE, Utah, Oct. 03, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Overstock.com, Inc. (NASDAQ:OSTK) has appointed Marcus Lemonis as its newest independent director, effective October 2, 2023.
Lemonis also helps homeowners improve the value and function of their homes on his hit TV show, The Renovator.
“We are delighted to welcome Marcus to the board,” said current Overstock Chairwoman of the Board, Allison Abraham.
I’m enthusiastic about joining the company’s Board of Directors as it embarks on a new phase of growth with an iconic consumer brand.”
With the addition of Lemonis, the Overstock board now has nine members, eight of whom are independent.

Gerard Fox Law Loses Another Case Arising Out Of CNBC's The Profit, Judge Awards Sanctions

Retrieved on:

Monday, July 24, 2023

Cision Media Contacts Database, CNBC, Lemonis, Fox, Supreme court, Practice of law

NEW YORK, July 24, 2023 /PRNewswire/ -- Marcus Lemonis and other defendants prevailed yet again in a case filed by Gerard Fox Law PC related to the CNBC show The Profit.

Key Points:

On July 19, 2023, the Supreme Court of the State of New York granted a motion for sanctions filed by Lemonis and the other defendants.
In finding sanctions appropriate against Nicolas Goureau, Stephanie Menkin, and Gooberry Corp., the New York court noted that Gerard Fox Law PC made "bogus legal arguments" and "proceed[ed] knowingly with barred claims.
" The court noted that Gerard Fox Law PC "spoke out of both sides of their mouths" and "misleadingly suggested" facts that were not true, "hiding" the complete truth from the court.
"There isn't much left to say beyond what respected judges around the country are saying when presented with these nonsense claims," Lemonis said.

Gerard Fox Law Loses $30 Million Claim, Arbitrator Awards over $7 Million to Wrongfully Accused, Announces Camping World

Retrieved on:

Thursday, July 6, 2023

JAMS, Media contacts database, Superior court, Latham & Watkins, CNBC, RET, Lemonis, The Profit, Scholastic Corporation, Arbitral tribunal, Camping World, Fraud, NYSE, Television, Ridesharing, Camping

LOS ANGELES, July 6, 2023 /PRNewswire/ -- Camping World, Inc., a subsidiary of Camping World Holdings, Inc. (NYSE: CWH) won a total victory over sweeping claims of fraud and misconduct arising from the unscripted television series on CNBC, The Profit. The publicly-filed complaint sought in excess of $30 million and punitive damages.

Key Points:

The publicly-filed complaint sought in excess of $30 million and punitive damages.
The baseless claims were brought by Gerard Fox Law on behalf of the estate of Precise Graphix, a participant on multiple episodes of The Profit.
Not only did Judge Jones reject every single one of the claims, but she also awarded over $7 million to the defendants.
"We are thrilled the Arbitrator rejected all 14 inflammatory claims brought by Mr. Fox," said Camping World's outside counsel Eric Swibel and Rob Ellison of Latham & Watkins LLP.

EchoPark Automotive Is Excited to Be a Part of #HolidaysWithMarcus

Retrieved on:

Wednesday, December 7, 2022

Marcus didn't pick just any automotive retailer, he specifically sought EchoPark Automotive to participate in this years giving spree.

Key Points:

Marcus didn't pick just any automotive retailer, he specifically sought EchoPark Automotive to participate in this years giving spree.
We are excited to be a part of this experience with Marcus Lemonis and look forward to making @PatrickTheGiver a Happy Owner of a high-quality vehicle from EchoPark Automotive.
Were honored to be involved and look forward to making each experience at EchoPark Automotive special for the deserving winners, said Jeff Dyke, President of Sonic Automotive.
EchoPark Automotive is one of the fastest growing and most comprehensive retailers of nearly new pre-owned vehicles in America today.

Camping World Announces Chief Operating Officer Tamara Ward to Retire after Nearly 34 Years with the Company and Promotion of Matthew Wagner

Retrieved on:

Monday, November 21, 2022

Camping World Holdings, Inc. (NYSE: CWH) (Camping World), Americas Recreation Dealer, today announced that Tamara Ward will retire from her position as Chief Operating Officer effective December 31, 2022.

Key Points:

Camping World Holdings, Inc. (NYSE: CWH) (Camping World), Americas Recreation Dealer, today announced that Tamara Ward will retire from her position as Chief Operating Officer effective December 31, 2022.
Matthew Wagner, Executive Vice President, will be promoted into the Chief Operating Officer role on January 1, 2023, as part of a planned leadership succession.
Marcus Lemonis, Chairman and CEO of Camping World commented, I would like to express my sincere gratitude to Tamara for her years of service to the company.
Lemonis continued, I look forward to Matt transitioning into the COO role as he has demonstrated world class leadership at Camping World.

"BEZOS," NEW BIOPIC ON JEFF BEZOS STARS MARCUS LEMONIS OF CNBC's THE PROFIT ALONG WITH FOUNDER OF COLLEGE HUNKS, AND CREATOR OF THE LITTLE MERMAID

Retrieved on:

Tuesday, July 12, 2022

MIAMI, July 12, 2022 /PRNewswire/ -- Spanglish Media recently produced the upcoming movie "Bezos", a biopic following Jeff Bezos's founding days of Amazon and the first movie made about Amazon's early days. The movie is executive produced by Marcus Lemonis, star of the hit CNBC Series, The Profit, and tech entrepreneur, Alberto de la Cruz. Lemonis also plays the role of David Shaw, the hedge fund manager and boss of Jeff Bezos before he quit his job to launch Amazon. Jeff Bezos is played by Armando Gutierrez, the well-known producer and star of the hit movies The Little Mermaid, Walt Before Mickey, and Anastasia, among other notable titles. Jeff Bezos' conflicted first employee, Shel Kaphan, is played by Nick Friedman. Friedman is a known entrepreneur and Co-Founder of the $250M company College HUNKS Hauling Junk and is best known for various reality TV appearances, including the first episode of ABC'S Shark Tank and, most recently, Undercover Boss.

Key Points:

The movie is executive produced by Marcus Lemonis, star of the hit CNBC Series, The Profit, and tech entrepreneur, Alberto de la Cruz.
Lemonis also plays the role of David Shaw, the hedge fund manager and boss of Jeff Bezos before he quit his job to launch Amazon.
Jeff Bezos is played by Armando Gutierrez, the well-known producer and star of the hit movies The Little Mermaid, Walt Before Mickey, and Anastasia, among other notable titles.
Armando Gutierrez stars as Jeff Bezos, and is the producer of various movies including The Little Mermaid, Walt Before Mickey, and New York Christmas Wedding.

Illinois Lawsuit Against NBCUniversal, Celebrity TV Host Marcus Lemonis and Local Mayor Alleges Corruption, Fraud and Bribery

Retrieved on:

Monday, March 21, 2022

The suit also includes the former Mayor of Grafton, Illinois Rick Eberlin, who is reportedly being investigated by Illinois State Police for additional related matters.

Key Points:

The suit also includes the former Mayor of Grafton, Illinois Rick Eberlin, who is reportedly being investigated by Illinois State Police for additional related matters.
On-air discussions between CNBC star Lemonis and former Mayor Rick Eberlin included brazenly false statements about Grafton Harbor Marina owing hundreds of thousands of dollars to the city in back rent.
And at one point, Lemonis instructs the mayor to stop letting the marina take advantage of the city.
More than 50 small businesses have publicly claimed wrongdoings by NBCUniversal and Marcus Lemonis.

TV Star & Business Mogul Marcus Lemonis Quietly Lists His Modern Montecito Estate for $24,850,000

Retrieved on:

Saturday, February 12, 2022

Becker, CEO, CBNC, Air conditioning, Santa Barbara Municipal Airport, Building at 101 North Riverview Street, HGTV, Lemonis, Tennis, Silicon, CNBC, Privacy, Michelin, Camping World, Prince Harry, Duke of Sussex, GLOBE, Real estate, Hotel

MONTECITO, Calif., Feb. 11, 2022 (GLOBE NEWSWIRE) -- Marcus Lemonis, star of CNBC's The Profit , has listed his impressive Montecito estate $24,850,000, per the listing agents Calcagno & Hamilton Real Estate Partners.

Key Points:

MONTECITO, Calif., Feb. 11, 2022 (GLOBE NEWSWIRE) -- Marcus Lemonis, star of CNBC's The Profit , has listed his impressive Montecito estate $24,850,000, per the listing agents Calcagno & Hamilton Real Estate Partners.
The estate is located within the exclusive guard-gated enclave of Ennisbrook in the posh seaside town of Montecito, just minutes from Santa Barbara.
Marcus Lemonis is a TV star and business mogul, most well-known as the star of the hit show The Profit on CBNC, where Lemonis invests in and helps struggling small businesses turn their fate.
1850 Jelinda Drive, Montecito, CA 93108 is listed off-market for $24,850,000 by Michael Calcagno of Calcagno & Hamilton Real Estate Partners.