Edward F. Sadler

Caldor Corp. operates a leading upscale discount retail chain offering a diverse line of branded and private-label merchandise, including hardline products such as housewares, electronics, furniture and toys and softline products, apparel, shoes, jewelry, cosmetics and domestics. The company operated 145 stores in nine East Coast and Mid-Atlantic states, including the key markets of Connecticut, New York City, Long Island, Westchester County, the Hudson River Valley of New York State, northern New Jersey and the greater Boston, Philadelphia and Baltimore areas. Its stores are located primarily in urban and suburban areas with high population densities.

Michaels Stores, Inc. owns and operates a chain of specialty retail stores. It provides arts, crafts, framing, floral, home décor and seasonal merchandise for the hobbyist and do-it-yourself home decorator. The firm's crafting classes, in-store events, project sheets and displays, mobile applications and on-line videos; they offer a shopping experience that can inspire creativity and confidence in their customers' artistic abilities. The company was founded by Michael J. Dupey in 1983 and is headquartered in Irving, TX.