VPC Group USA plans to buy former Klaussner subsidiary Prestige Fabricators
Sale would reopen 2 former foam production plants that were closed Aug. 7 when Klaussner also ceased operations ASHEBORO, N.C. — VPC Group USA, a …
Category: closings and consolidations
Louis Shanks closing after nearly 80 years in business
Retailer has been family-owned for its duration, serving as destination for high-end furniture in the Austin, Houston and San Antonio markets AUSTIN, Texas — Luxury …
PNC offers rebuttal to Mitchell Gold claims
Document bank files with bankruptcy court also objects to various first-day motions TAYLORSVILLE, N.C. — PNC Bank fired back a rebuttal to a recently filed …
Former Mitchell Gold employees in New York file lawsuit citing WARN Act violations
Suit claims they and other employees did not receive 60 days’ notice of the company’s closing as typically required by law NEW YORK — Citing …
Mitchell Gold + Bob Williams files for Chapter 11 bankruptcy
Filing occurs just under 2 weeks after the company abruptly ceased its manufacturing and retail operations TAYLORSVILLE, N.C. — Luxury furniture manufacturer and retailer Mitchell …
Gamburg’s Furniture to close after 94 years in business in Pennsylvania
Store closing occurs with the retirement of owners Sidney and Joyce Gamburg HATBORO, Penn. — Retailer Gamburg’s Furniture is going out of business after 94 …
Breaking News: Klaussner abruptly ends health care benefits for employees
Company originally informed workers that their benefits would continue through the end of the month ASHEBORO, N.C. — The hits just keep coming for the …
Zipadee Kids files to dissolve its business in midst of toddler bed recall
CIRCLEVILLE, Ohio — Youth bed frame resource Zipadee Kids has filed for a dissolution of its business in the state of Ohio in the midst …
Klaussner’s sudden demise leaves voids to fill in the marketplace
Top 10 retail customers are estimated to account for more than half of its business in 2021 ASHEBORO, N.C. — Last week’s news that Klaussner …
Klaussner WARN Act notice states it plans to lay off 884 workers in North Carolina
ASHEBORO, N.C. — Klaussner Home Furnishings has submitted a WARN Act Notice with the North Carolina Department of Commerce that has alerted the department of …
