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Non-Tech : Zany Brainy
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To: Jack Hartmann who wrote (483)1/9/2001 6:46:45 PM
From: Robert Utne   of 485
 
Time to look at ZANY.

In recent months, Zany has shed itself from ORP and now owns 100% of its etail operations, has expanded its storefronts throughout the US to nearly 200 stores in 2001 and has sufficient inventory funding from a more than $100 million line of credit from First Union Bank.

Downside: no permanent CEO and still consolidating Noodle Kiddoodle operations.

Bottom line is that Zany will continue its rapid expansion consolidation in 2001 and emerge as a strong retail specialist with a sound business model that can be duplicated throughout the US and internationally.
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