Sharper Image Officially For Sale

| MCM staff

Sharper Image Corp. announced today it will pursue a sale of its business and assets pursuant to the provisions of the bankruptcy code. The San Francisco-based gifts and gadgets merchant, which had filed for Chapter 11 in February, will solicit indications of interest from potential acquirers.

Celebrate Express Back on the Block

| Jim Tierney

On the heels of a disappointing fiscal third quarter, Kirkland, WA-based party supplies merchant Celebrate Express has hired New York-based investment bank Cowen and Co. after third parties expressed an interest in buying the company.

Guitar Center DC Goes Green

| MCM staff

Every day is Earth Day for Guitar Center. The company in the past year has taken a series of initiatives to help protect the environment, including reducing the number of wooden pallets used in its distribution center, as well as eliminating the use of shrink wrap on parcels shipped to its 214 stores.