FRG’s new owners sue AF Newco, buyers of American Freight
Included in the claims: Misleading the court about ties to former FRG CEO Brian Kahn The new owners of Franchise Group, led by Octagon Credit …
Category: closings and consolidations
DeYoung Interiors to close after 97 years in business
ST. JOHN, Ind. — DeYoung Interiors prepares for the end of an era after 97 years as a family-owned business and three generations of exceptional service. The …
Null Furniture announces plans to close after more than 50 years in business
As it winds down operations, it continues to sell remaining inventory from its warehouse HICKORY, N.C. — Null Furniture, a long-standing family-owned producer of occasional …
EJ Victor officially decides not to resume operations
News follows settlement with Fireman’s Fund Insurance Co. over a claim related to the devastation from Hurricane Helene last September MORGANTON, N.C. — Following the …
What ever became of Standard Furniture?
One of the largest full-line furniture resources in the market has been fully absorbed under the umbrella of sister company Albany Industries BAY MINETTE, Ala. …
Former Buddy’s franchisees file to recover last settlement payment from escrow
Who is steering the ship at what was Franchise Group? A group of former Buddy’s Home Furnishings franchise operators has filed a motion in Delaware …
How will Dorel Home succeed moving forward?
Recent financials show depth of challenges and opportunities the company has now and in the future in its residential furniture segment CORNWALL, Ontario — When …
Howard Miller, Hekman to cease operations
Sister companies impacted by a confluence of factors ranging from high interest rates and a slow housing market to the costs associated with Trump tariffs …
Dorel Home to cease all North American manufacturing
The move, along with other consolidation efforts, aims to return the segment to profitability sometime next year CORNWALL, Ontario — Dorel Industries has decided to …
Elk Home to cease operations, liquidate its entire inventory
GA Group to handle liquidation process of company founded in 1983 NESQUEHONING, Pa. – Furniture and lighting resource Elk Home is liquidating its entire inventory, …
