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On March 5, 2020, Art Van Furniture announced it would liquidate all of their company owned stores and file for chapter 11 bankruptcy. Barker Bros. – Los Angeles-based furniture store chain which was at one time the largest furniture store chain on the west coast for nearly a century before it filed for bankruptcy in 1992
Stephen Gordon founded Restoration Hardware in Eureka, California, in 1979 while restoring a Victorian home and finding affordable, high-quality hardware and fixtures unavailable. The company expanded slowly in Northern California and Boston before raising outside capital from Cardinal Investments which allowed it to accelerate its expansion. [ 3 ]
Eureka's earliest tents, assembled from untreated white army duck, were so robust that a completely usable early Eureka tent still hung in the company's headquarters nearly one hundred years later. [3] In 1910, pioneering businessmen, Arthur D. Legg and Walter A. Dickerman purchased the company from its original owners. [4]
Rose Blumkin (née Gorelick; December 3, 1893 – August 9, 1998) was an American businesswoman who founded the Nebraska Furniture Mart in 1937. [1] Businessman Warren Buffett said of her, "One question I always ask myself in appraising a business is how I would like, assuming I had ample capital and skilled personnel, to compete with it.
Eureka is an American home appliances brand owned by Chinese company Midea Group that manufactures vacuum cleaners, including uprights, cordless, canisters, sticks and handhelds. Eureka also manufactures aftermarket vacuum accessories, such as bags, belts and filters. Eureka was one of the earliest vacuum cleaner manufacturers in North America.
Levitz Furniture store during liquidation sale, December 2007. Levitz was accused of having been poorly run for more than a decade starting in the 1990s. It declared Chapter 11 bankruptcy twice during the period, in 1997 and again in 2005, both times emerging after a corporate restructuring and the participation of new outside backers. [3]
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