Presley’s Furniture to close its doors after 44 years in business
TUSCALOOSA, Ala. — After 44 years in business, Presley’s Furniture is closing its doors permanently. The second-generation owners plan to retire following the final liquidation …
Category: closings and consolidations
Dorel Home to consolidate key operations of residential furniture segment into Cosco division
Move aims to substantially cut costs by reducing redundant positions that it said are not necessary to support anticipated sales levels and channels moving forward …
Quality Furniture Co. to close after 56 years in business
MURFREESBORO, Tenn. — Retailer Quality Furniture Co. is going out of business after selling whole home furnishings for more than half a century. The family-owned and …
Shooting Bebe’s: Just who is BB BHF?
Pinboarding the FRG bankruptcy continues … In the last column, we dug through some of the 1,200 or so court filings in the Franchise Group bankruptcy to …
Gallery Furniture closing 1 of its 3 stores
HOUSTON — Gallery Furniture’s Jim “Mattress Mack” McIngvale has announced that the company plans to close its 16-year-old Post Oak showroom here. The company shared …
Revisiting the mystery at the heart of the Franchise Group bankruptcy
You might recall that 15 months ago, we used this space to erect a metaphorical pinboard or “murderwall” like those found in procedural crime dramas. Our quest …
A look at what led to Progressive Furniture’s demise
Problems that arose earlier this year at the company’s sole-source operation in Mexico contributed to its decision to cease operations CLAREMONT, N.C. — For the …
Progressive Furniture plans to close its doors by year end
Company attributes decision to soft business conditions, closing of key suppliers and overall economic uncertainty CLAREMONT, N.C. — Wood furniture importer and manufacturer Progressive Furniture …
Breaking News: Letter to employees: Bauhaus Furniture plans to close its doors March 10
SALTILLO, Miss. — Upholstery manufacturer Bauhaus Furniture has written a letter to employees notifying them that the company is closing its doors effective March 10. …
Former Badcock dealers battle B. Riley Financial over commissions
Judge in Conn’s bankruptcy authorizes funds to be paid to independent dealers I don’t know which bankruptcy is messier, Franchise Group’s or Conn’s-Badcock’s. In the …
