SkyMall

SkyMall
Subsidiary
Industry E-commerce
Founded 1990 (1990)
Founders Bob Worsley
Alan Lobock
Matthew Del Bianco
Graham Alcock
Headquarters Ridgefield Park, New Jersey, United States
Owner C&A Marketing
Website www.skymall.com

SkyMall is a specialty publishing firm headquartered in Ridgefield Park, New Jersey,[1] best known for once publishing a self-titled in-flight publication, SkyMall, that at one point had an annual circulation of approximately 20 million copies distributed in airplane seat pockets. At one point it reached 88% of US airlines passengers. SkyMall is a multi-channel, direct marketer offering products through direct marketers and manufacturers through its SkyMall catalogue and website, skymall.com.

In January 2015 the company filed for Chapter 11 bankruptcy protection.[2] In April 2015 it was purchased in bankruptcy court by C&A Marketing.[3]

History

SkyMall, Inc. was founded in 1990 by Bob Worsley, Alan Lobock, Matthew Del Bianco, and Graham Alcock.[4] Originally, it intended to "get customers to order within 20 minutes of landing and have the goods waiting for them on arrival", before it switched to home delivery.[2] Same-day delivery required SkyMall to operate its own warehouses near select airports.[5]

Shortly after launching, the company purchased contracts from another company that allowed it to offer catalog merchandise to travelers flying U.S. air carriers. This move, which did not receive the support of all of the founders, required a significant shift in SkyMall's focus and operations, ultimately forcing the company to abandon same-day delivery and nearly bankrupting it. The company now offers goods from other companies' catalogs for drop-ship to the customer via third-party transport firms.

The company drastically changed its business model around 1993. Instead of stocking the merchandise itself near airports, Skymall began leasing sections of the magazines to various distributors which customers would then order from directly.[6] Smithsonian magazine has credited this decision with saving the company.

Since 1999, SkyMall ownership has "bounced around among several private-equity companies",[2] including by Najafi Companies, the largest private equity firm in Arizona in 2012.[5] In 2009 SkyMall's website "generated approximately $80.5 million in revenue", making it the 185th largest e-commerce website by revenue.[5]

On May 17, 2013, SkyMall merged with Xhibit Corp, described as a new "marketing software and digital advertising company that trades on an 'over-the-counter' exchange where equity shares of small companies can be bought and sold".[5]

On January 22, 2015, SkyMall, LLC and several affiliated companies, including its parent company Xhibit Corp., voluntarily filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Arizona.[7] On April 1, SkyMall was purchased out of bankruptcy court by C&A Marketing for $1.9 million; the new owners plan to re-launch the catalog with a new product selection that will partially downplay the brand's association with novelty items in favor of "more of the innovative, fun, cool products that people are looking for, but that are still in keeping with the DNA of SkyMall."[8][9]

Products

Although Skymall started as a conventional retailer it was quickly realized that consumers weren't likely to buy them as they were to buy "Unconventional items".[6] One of the top selling items upon the company filing for bankruptcy, for instance, was a Yeti statue.[6] The Washington Post described the catalog's offerings as "whimsical".[10]

Departments

  • Apparel & Accessories
  • Automotive & Hardware
  • Computers
  • Electronics
  • Health & Wellness
  • Home Living
  • Office
  • Outdoor Living
  • Pets
  • Seasonal
  • Sporting Goods
  • Toys, Hobbies & Collectibles
  • Travel

Participating stores

SkyMall is often parodied for selling sometimes unusual products. References in music and TV include:

Airlines with SkyMall on flights

History of Airlines that Carried SkyMall

References

  1. ↑ "Contact Us". SkyMall. Retrieved January 19, 2010.
  2. 1 2 3 Kim Bhasin (January 23, 2015). "SkyMall Is Earthbound, but Its Legacy of Nutty Gifts Lives On". Bloomberg Businessweek.
  3. ↑ http://www.northjersey.com/towns/ridgefield-park-company-buys-skymall-brand-1.1300102. Missing or empty |title= (help)
  4. ↑ "About SkyMall". SkyMall.
  5. 1 2 3 4 Dhar, Rohin (June 12, 2013). "SkyMall: The Strange Story of America's Most Delightfully Weird Catalogue". The Atlantic.
  6. 1 2 3 Lovejoy, Bess. "How SkyMall Captured a Moment of Technological and American History r". Smithsonian Magazine. Retrieved 19 March 2016.
  7. ↑ "SkyMall Orders Up a Bankruptcy Filing". Commercial Bankruptcy Investor. Retrieved January 23, 2015.
  8. ↑ "Company buys SkyMall for $1.9 million, will make "dramatic changes"". Ars Technica. Retrieved 31 May 2015.
  9. ↑ "Still Need A Lawn Yeti? Good News — SkyMall May Be Cleared For Relaunch". April 1, 2015. Retrieved April 20, 2015.
  10. ↑ Ferdman, Roberto A. "SkyMall, the wacky in-flight catalogue, is filing for bankruptcy. How did it last this long?". Washington Post.
  11. ↑ Bowie, Soren (October 18, 2010). "The 7 Most Useless Skymall Products (Reviewed Accordingly)". Cracked.com.
  12. 1 2 http://www.hollywoodreporter.com/news/airlines-pull-skymall-planes-766342
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