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 …
Category: closings and consolidations
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 …
Dorel announces major restructuring for its Home division
Overall cost-cutting initiatives aim to add up to $40 million to bottom line in 2026 MONTREAL, Quebec — Dorel Industries announced on Thursday a major …
Retailer Scan Design Furniture closes its doors after 61 years in business
LYNWOOD, Wash. — Scan Design Furniture, an independent retailer of Scandinavian and European-inspired home furnishings, is going out of business and permanently closing its last remaining …
Dixie Furniture & Mattress to close after 79 years
Retailer is holding a going-out-of-business sale at its Charleston and Walterboro stores starting Jan. 16 NORTH CHARLESTON, S.C. — Dixie Furniture & Mattress prepares for …
Comeaux Furniture, Appliance & Mattress to close its doors after 72 years
President and owner Michael Comeaux plans to retire following the store closing sale METAIRIE, La. — Family-owned and operated for 72 years, Comeaux Furniture, Appliance …
Big Lots agrees to sale of assets to continue brand under other retail management
COLUMBUS, Ohio – Big Lots Inc. has agreed to a sale transaction with Gordon Brothers Retail Partners LLC that enables the transfer of Big Lots …
