| Industries |
|---|
| General Merchandise Stores |
| Investment Banking and Brokerage |
| Asset Management and Custody Banks |
| Exposures |
|---|
| Military |
| Express intent |
| Intelligence |
| Provide |
| Cooperate |
| Ease |
| Event Codes |
|---|
| Accident |
| Solicit support |
| Promise |
| Yield to order |
| Sports contest |
| Demand |
| Military blockade |
| Warn |
| Empathize |
| Agree |
| Reward |
| Wiki | Wiki Summary |
|---|---|
| Cone of Uncertainty | In project management, the Cone of Uncertainty describes the evolution of the amount of best case uncertainty during a project. At the beginning of a project, comparatively little is known about the product or work results, and so estimates are subject to large uncertainty. |
| Police vehicles in the United States and Canada | Police vehicles in the United States and Canada are produced by several manufacturers and are available in three broad vehicle types: Police Pursuit Vehicles (PPV), Special Service Vehicles (SSV), and Special Service Package (SSP).\nPolice Pursuit Vehicles are the most common police cars. |
| Harry Potter and the Goblet of Fire | Harry Potter and the Goblet of Fire is a fantasy novel written by British author J. K. Rowling and the fourth novel in the Harry Potter series. It follows Harry Potter, a wizard in his fourth year at Hogwarts School of Witchcraft and Wizardry, and the mystery surrounding the entry of Harry's name into the Triwizard Tournament, in which he is forced to compete. |
| Limited company | In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee. |
| Private company limited by shares | A private company limited by shares is a class of private limited company incorporated under the laws of England and Wales, Northern Ireland, Scotland, certain Commonwealth countries, and the Republic of Ireland. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of a public limited company. |
| English football league system | The English football league system, also known as the football pyramid, is a series of interconnected leagues for men's association football clubs in England, with five teams from Wales, one from Guernsey, one from Jersey and one from the Isle of Man also competing. The system has a hierarchical format with promotion and relegation between leagues at different levels, allowing even the smallest club the theoretical possibility of ultimately rising to the very top of the system. |
| Adam | Adam is the name given in Genesis 1-5 to the first human. Beyond its use as the name of the first man, adam is also used in the Bible as a pronoun, individually as "a human" and in a collective sense as "mankind". |
| Sentience | Sentience is the capacity to experience feelings and sensations. The word was first coined by philosophers in the 1630s for the concept of an ability to feel, derived from Latin sentientem (a feeling), to distinguish it from the ability to think (reason). |
| List of private security companies | This is a list of notable private security companies. |
| List of largest private companies in the United Kingdom | This is a list of largest private companies in the United Kingdom according to sales. Under UK company law, a private company (with the suffix "Ltd" usually) may not offer its shares for sale to the public (as can a "plc"). |
| Max Greenfield | Max Greenfield (born September 4, 1979) is an American actor. He appeared in recurring roles in Veronica Mars and Ugly Betty, and co-starred in the WB series Modern Men. |
| Merchandising | Merchandising is any practice which contributes to the sale of products to a retail consumer. At a retail in-store level, merchandising refers to displaying products that are for sale in a creative way that entices customers to purchase more items or products. |
| Fashion merchandising | Fashion merchandising can be defined as the planning and promotion of sales by presenting a product to the right market at the proper time, by carrying out organized, skillful advertising, using attractive displays, etc. Merchandising, within fashion retail, refers specifically to the stock planning, management, and control process. |
| Service Merchandise | Service Merchandise was a retail chain of catalog showrooms carrying jewelry, toys, sporting goods, and electronics. The company, which first began in 1934 as a five-and-dime store, was in existence for 68 years before ceasing operations in 2002. |
| Equity (finance) | In finance, equity is ownership of assets that may have debts or other liabilities attached to them. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets. |
| February 18 | February 2 is the 33rd day of the year in the Gregorian calendar; 332 days remain until the end of the year (333 in leap years).\n\n\n== Events ==\n\n\n=== Pre-1600 ===\n506 – Alaric II, eighth king of the Visigoths, promulgates the Breviary of Alaric (Breviarium Alaricianum or Lex Romana Visigothorum), a collection of "Roman law". |
| February 20 | February 10 is the 41st day of the year in the Gregorian calendar; 324 days remain until the end of the year (325 in leap years).\n\n\n== Events ==\n\n\n=== Pre-1600 ===\n1258 – Mongol invasions: Baghdad falls to the Mongols, bringing the Islamic Golden Age to an end. |
| Brecht (TV film) | Brecht is a 2019 TV docudrama film, dealing with the life and work of the German playwright Bertolt Brecht. A co-production between Bavaria Fiction in Germany, Satel Film in Austria and MIA Film in the Czech Republic, principal photography occurred in and around Prague from 30 May to 28 July 2017. |
| Leonardo DiCaprio | Leonardo Wilhelm DiCaprio (; Italian: [diˈkaːprjo]; born November 11, 1974) is an American actor and film producer. Known for his work in biopics and period films, he is the recipient of numerous accolades, including an Academy Award, a British Academy Film Award, and three Golden Globe Awards. |
| Common stock | Common stock is a form of corporate equity ownership, a type of security. The terms voting share and ordinary share are also used frequently outside of the United States. |
| Consolidation (business) | In business, consolidation or amalgamation is the merger and acquisition of many smaller companies into a few much larger ones. In the context of financial accounting, consolidation refers to the aggregation of financial statements of a group company as consolidated financial statements. |
| Treasury stock | A treasury stock or reacquired stock is stock which is bought back by the issuing company, reducing the amount of outstanding stock on the open market ("open market" including insiders' holdings). \nStock repurchases are used as a tax efficient method to put cash into shareholders' hands, rather than paying dividends, in jurisdictions that treat capital gains more favorably. |
| Common stock dividend | A common stock dividend is the dividend paid to common stock owners from the profits of the company. Like other dividends, the payout is in the form of either cash or stock. |
| New York Stock Exchange | The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. |
| Nasdaq | The National Association for Stock Car Auto Racing, LLC (NASCAR) is an American auto racing sanctioning and operating company that is best known for stock car racing. The privately owned company was founded by Bill France Sr. |
| Requirement | In product development and process optimization, a requirement is a singular documented physical or functional need that a particular design, product or process aims to satisfy. It is commonly used in a formal sense in engineering design, including for example in systems engineering, software engineering, or enterprise engineering. |
| Requirements analysis | In systems engineering and software engineering, requirements analysis focuses on the tasks that determine the needs or conditions to meet the new or altered product or project, taking account of the possibly conflicting requirements of the various stakeholders, analyzing, documenting, validating and managing software or system requirements.Requirements analysis is critical to the success or failure of a systems or software project. The requirements should be documented, actionable, measurable, testable, traceable, related to identified business needs or opportunities, and defined to a level of detail sufficient for system design. |
| Requirements elicitation | In requirements engineering, requirements elicitation is the practice of researching and discovering the requirements of a system from users, customers, and other stakeholders. The practice is also sometimes referred to as "requirement gathering". |
| Payment Card Industry Data Security Standard | The Payment Card Industry Data Security Standard (PCI DSS) is an information security standard for organizations that handle branded credit cards from the major card schemes.\nThe PCI Standard is mandated by the card brands but administered by the Payment Card Industry Security Standards Council. |
| Compliance car | A compliance car is an alternative fuel vehicle that is explicitly designed to meet tightening government regulations for low-emission vehicle sales, while the automobile manufacturer restricts sales to specific jurisdictions to meet the rules, or limits production, or both.While the introduction of compliance cars by the largest car manufacturers is sometimes explained by the companies arguing that they could not manufacture electric cars profitably and sell them for more than their cost to produce them, another mechanism could be behind the auto companies practice of releasing EVs only in limited quantities and in limited markets. Since Tesla has shown profitability producing electric vehicles—with four consecutive quarters of company profitability as of July 2020—the large legacy manufacturers could also be facing the dilemma of the Osborne Effect. |
| Compliance (film) | Compliance is a 2012 American thriller film written and directed by Craig Zobel, based upon a strip search phone call scam that took place in Mount Washington, Kentucky, in which the caller, posing as a police officer, convinced a restaurant manager to carry out unlawful and intrusive procedures on an employee. It stars Ann Dowd, Dreama Walker, Pat Healy, and Bill Camp. |
| Compliance Week | Compliance Week, published by Wilmington plc, is the leading news, analysis and information resource for the ethics, governance, risk, and compliance professions. Products include weekly electronic newsletters, a bimonthly print magazine, proprietary databases and tools, events, jobs, and a variety of interactive features and forums. |
| SQL compliance | Generally, compliance means adhering to a rule, such as a policy, standard, specification, or law. So, SQL Compliance means adhering to rules laid for SQL. Some standards and protocols related to SQL are mentioned in this. |
| Local exchange trading system | A local exchange trading system (also local employment and trading system or local energy transfer system; abbreviated LETS) is a locally initiated, democratically organised, not-for-profit community enterprise that provides a community information service and records transactions of members exchanging goods and services by using locally created currency. LETS allow people to negotiate the value of their own hours or services, and to keep wealth in the locality where it is created.Similar trading systems around the world are also known as Community Exchange Systems, Mutual Credit trading systems, Clearing Circles, Trade Exchanges or Time Banks. |
| Risk Factors |
|---|
| JENNIFER CONVERTIBLES INC Item 1A Risk Factors |
| This annual report contains certain forward-looking statements based on current expectations that involve risks and uncertainties |
| Our actual results could differ materially from those anticipated in these forward-looking statements as a result of many factors, including the risk factors set forth below and elsewhere in this report |
| Additional risks and uncertainties not presently known to us or that we currently deem immaterial may also impair our business operations |
| If any of these risks actually occur, our business, financial condition and operating results could be materially adversely affected |
| The cautionary statements made in this Annual Report on Form 10-K should be read as being applicable to all forward-looking statements wherever they appear in this Annual Report on Form 10-K 4 There is no assurance we will operate profitably |
| We incurred a net income (loss) of dlra5cmam220cmam000, (dlra3cmam870cmam000), and (dlra4cmam142cmam000) in the fiscal years ended August 26, 2006, August 27, 2005 and August 28, 2004, respectively |
| While we were profitable in the most recent fiscal year, the furniture business is cyclical and we have been impacted in the past and will continue to be affected by changes in such cycles, by losses from new stores, the overall economic and political climate, by changes in consumer preferences or demographics or unknown risks and uncertainties that may cause us to incur losses from operations |
| Our company could suffer from potential conflicts of interest |
| Potential conflicts of interest exist since Harley J Greenfield, our Chairman of the Board and Chief Executive Officer, and Edward B Seidner, our Executive Vice President, and a former director, are owed over dlra10 million by the private company, which owns, controls or licenses the private company stores |
| Accordingly, such persons derive substantial economic benefits from the private company |
| In addition, Fred Love, the co-founder of the related private company, was Mr |
| Greenfield’s brother-in-law |
| Love passed away in October 2004 and Jane Love, Mr |
| Greenfield’s sister, is currently acting as the interim President of the private company |
| Circumstances may arise in which the interest of the private company stores, of the private company or of Mr |
| Greenfield and Mr |
| Seidner will conflict with our interests |
| There are also numerous relationships, and have been numerous transactions, between us and the private company, including an agreement under which we warehouse and purchase merchandise for the private company, manage its stores and provide it other services |
| See “Certain Relationships and Related Transactions” in our Proxy Statement to be furnished in connection with our Annual Meeting of Stockholders to be held February 6, 2007, which is hereby incorporated by reference |
| We heavily depend on two suppliers |
| We purchase a significant percentage of our merchandise from Klaussner, which also manufactures furniture under the Sealy® brand name |
| During the fiscal year ended August 26, 2006, we purchased approximately 22prca of our merchandise from Klaussner and 62prca of our merchandise from Caye |
| Since a large portion of our revenues have been derived from sales of Klaussner and Caye products, the loss of these suppliers could have a material adverse impact on us until alternative sources of supply are established |
| Our obligations to Caye are secured by substantially all of our assets |
| Klaussner is also a principal stockholder and creditor of ours and owns retail stores that compete with ours |
| Klaussner’s and Caye’s position as significant creditors could potentially result in a temporary or permanent loss of our principal supply of merchandise, if, for example, Klaussner and Caye halted supply because we defaulted on or were late in making our payments to them |
| See “Certain Relationships and Related Transactions” in our Proxy Statement to be furnished in connection with our Annual Meeting of Stockholders to be held February 6, 2007, which is hereby incorporated by reference |
| The cyclical nature of the furniture industry poses risks to us from prolonged economic downturn |
| The furniture industry has been historically cyclical, fluctuating with general economic cycles |
| During economic downturns, the furniture industry tends to experience longer periods of recession and greater declines than the general economy |
| Competition in the furniture industry could cost us sales and cause us to reduce prices |
| The retail sofabed business is highly competitive and includes competition from traditional furniture retailers and department stores as well as numerous discount furniture outlets |
| Our stores may face sharp price-cutting, as well as imitation and other forms of competition, and we cannot prevent or restrain others from utilizing a similar marketing format |
| Although we are the largest sofabed specialty retail dealer in the United States, many of our competitors have considerably greater financial resources |
| A number of our store leases are month-to-month and accordingly the stores may need to halt operations on short notice |
| A number of our store leases are month-to-month |
| Accordingly, if, at the end of a monthly lease period, we are unable to negotiate favorable terms for the new lease period or unable to renew such lease, we may need to halt operations at such location on short notice, which may have a material adverse effect on our results of operations |
| We may have difficulty obtaining additional financing |
| Our ability to expand and support our business may depend upon our ability to obtain additional financing |
| We may have difficulty obtaining debt or equity financing |
| We are currently a party to a Credit Agreement and a Security Agreement with Caye (the “Caye Credit Facility”), pursuant to which Caye agreed to provide us with dlra11dtta5 million of debt financing |
| Effective August 24, 2006 through September 8, 2006, Caye consented to temporarily increase the credit facility from dlra11dtta5 million to dlra12dtta5 million |
| As of August 26, 2006, we owed Caye approximately dlra12cmam335cmam000 |
| Most of our assets are pledged to Caye as security for the amounts we owe under the Caye Credit Facility |
| From time to time, our financial position has made it difficult for us to obtain third party consumer financing |
| Inability to secure such financing may adversely affect sales |
| 5 Substantially all of our assets have been pledged to Caye pursuant to our credit facility |
| Pursuant to the terms of the Caye Credit Facility, substantially all of our assets have been pledged to Caye as security for any amounts we owe under the Caye Credit Facility |
| In the event of any bankruptcy, liquidation, dissolution, reorganization or similar proceeding against us, the assets that are pledged as collateral securing any unpaid amounts must first be used to pay such amounts, as well as any other obligation secured by the pledged assets pursuant to the terms of the Caye Credit Facility, in full, before making any distributions to stockholders |
| In such event, you could lose all or a part of your investment |
| Harley J Greenfield and current management are likely to retain control |
| As of November 17, 2006, Harley J Greenfield, our Chairman of the Board and Chief Executive Officer and principal stockholder, beneficially owns approximately 19dtta7prca of our outstanding shares of common stock |
| Approximately 38dtta3prca of the outstanding common stock is beneficially owned by all officers and directors as a group, including Messrs |
| Greenfield and Seidner |
| Since the holders of our common stock do not have cumulative voting rights, such officers’ and directors’ ownership of our common stock will likely enable them to exercise significant influence in matters such as the election of our directors and other matters submitted for stockholder approval |
| Also, the relationship of such persons to the private company could serve to perpetuate management’s control in light of the private company’s relationship to us |
| Our future success depends heavily on two executives |
| Our future success will depend substantially upon the abilities of Harley J Greenfield, our Chairman of the Board and Chief Executive Officer and one of our principal stockholders, as well as Rami Abada, our President, Chief Operating Officer and Chief Financial Officer |
| Greenfield’s and/or Mr |
| Abada’s services could materially adversely affect our business and our prospects for the future |
| We do not have key man insurance on the lives of such individuals |
| We are prohibited from paying dividends on common stock |
| Under the terms of the Caye Credit Facility, we are prohibited from paying any dividends on our common stock |
| We have never declared or paid any cash dividends on our common stock and do not intend to pay any cash dividends in the foreseeable future |
| We have a temporary exemption from the American Stock Exchange listing requirements and failure to meet our plan of compliance could result in the delisting of our common stock |
| On January 5, 2006, we received a letter from the American Stock Exchange (the “Exchange”) advising us that we were not in compliance with the Exchange’s requirements for continued listing |
| Among other things, the Exchange requires a minimum shareholder’s equity of dlra4 million |
| As of November 26, 2005, our shareholder’s equity was dlra81cmam000 |
| Accordingly, in order to maintain the continued listing of our stock, we were required to submit a plan of compliance (the “Plan”) to the Exchange demonstrating that we would be in compliance with all of the Exchange’s requirements for continued listing within 18 months of the January 5, 2006 notice letter (the “Plan Period”) |
| We submitted the Plan to the Exchange on February 3, 2006 |
| On March 1, 2006, we received a letter from the Exchange advising us that the Exchange had reviewed and approved the Plan and that our listing on the Exchange was being continued pursuant to an extension |
| However, the Exchange noted that it would continue to review us periodically for compliance with the Plan and, if we do not show progress consistent with the Plan, the Exchange may immediately commence delisting proceedings |
| As of August 26, 2006, our stockholder’s equity was dlra5cmam559cmam000 |
| While we believe that we will demonstrate adequate progress consistent with the Plan to the satisfaction of the Exchange during the Plan Period and achieve the required compliance with the Exchange’s continued listing standards by the end of the Plan Period to remain listed on the Exchange, there can be no assurance that we will |