A closer look at Martin Furniture’s shift from Mexico to Asia
CEO Gil Martin shares insights on why the move makes sense for the company and its customers TIJUANA, Mexico — Martin Furniture’s shifting of its …
Category: closings and consolidations
What’s behind the bankruptcies of the past year?
Almost exactly a year ago, more than 2,700 furniture factory workers, truck drivers and office personnel got the big bald turkey of an email that …
Would consumers pay 5 bucks to visit your store?
Furniture stores that want to stay in business need to create enticing environments During last week’s market, I had the chance to chat with Todd …
Z Gallerie faces tough decisions in Chapter 11 bankruptcy
Because of high brick-and-mortar operational costs, Home News Now 125 retailer says that it will likely need to close all stores and focus primarily on …
Mitchell Gold Chapter 11 bankruptcy case converted to Chapter 7
Change will involve a liquidation of the company’s assets to repay creditors WILMINGTON, Del. — A judge for the U.S. Bankruptcy Court for the District …
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 …
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 …
