closings and consolidations Archives - Page 4 of 11

Subpoenas issued in class action lawsuit against Franchise Group, B. Riley

We reported in July the lawsuit brought against the Franchise Group, B. Riley Financial and former FRG CEO Brian Kahn by “former FRG investors,” including and …

Retailer Sam Levitz ceases operations after 71 years

TUCSON, Ariz. — Home News Now 125 retailer Sam Levitz Furniture is ceasing all operations with plans to close all its stores as part of …

Breaking down the Big Lots bankruptcy

They say a single death is a tragedy; multiple deaths are a sanitation problem. Here in the furniture sector, we have what increasingly looks like …

Big Lots bankruptcy filing identifies Top 30 unsecured creditors

COLUMBUS, Ohio — The Top 30 unsecured creditors in Big Lots’ Chapter 11 bankruptcy have just over $74 million in claims, according to documents filed …

Big Lots files for Chapter 11 bankruptcy protection

Affiliate of Nexus Capital Management identified as stalking horse bidder to acquire company assets and business operations COLUMBUS, Ohio — Retailer Big Lots has filed …

Another question on Big Lots: What would Paul Broyhill think?

As I was reading Tom Russell’s article last week speculating on the future of Big Lots and the Broyhill brand, I couldn’t help but wonder what …

Purple announces plan to consolidate manufacturing operations

2 plants will close in Utah with capacity shifting to its McDonough, Georgia, facility LEHI, Utah — Bedding resource Purple Innovation is closing two manufacturing …

Whit-Ash Furnishings closes after 52 years in business

COLUMBIA, S.C. — After 52 years in business, the veteran and family-owned Whit-Ash Furnishings is going out of business and will begin total liquidation this week, …

Retailer James Antony Home files for Chapter 7 bankruptcy

Upper-end furniture dealer has an estimated 100-199 creditors, according to Aug. 1 court filing DALLAS — Upper-end furniture retailer James Antony Home has filed for …