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The Bad Boy trademark was ultimately acquired by the large furniture chain The Brick but the new owners allowed it to lapse through lack of use until it expired. [ 7 ] In 1991, Lastman's son Blayne and business partner Marvin Kirsh re-launched the chain under the name Bad Boy Furniture Warehouse Ltd, over the objections of the senior Lastman ...
That same day, Conn's filed for Chapter 11 bankruptcy protection in Texas, listing assets and liabilities of between $1 billion to $10 billion. [7] The next day, on July 24, 2024, it was reported that Conn's was in the process of winding down and closing all of its nearly 600 Conn's and Badcock locations, with liquidation sales expected to be ...
Of course, filing for bankruptcy doesn’t necessarily mean a business is going bust. Companies tend to use the Chapter 11 process to wind down some operations, tackle mounting debt and save on ...
The brand had 150 stores at its peak, predominantly on the West Coast. Anchor Blue declared bankruptcy in 2009 and shuttered more than 50 stores, and gradually shrank to include stores solely in California. It went bankrupt once more in 2011, with the remaining stores closed before Easter of that year. [48]
Badcock Home Furniture & More, with more than two dozen locations in Georgia, announced on Facebook Aug. 6 that it’s closing all of its more than 370 stores in eight southeastern states.
By the time the average person is ready to declare bankruptcy, they've probably done everything they can to deal with a looming financial crisis. Often unexpected life events and crises lead to the...
In 1975 it acquired the Bad Boy Furniture chain of 40 stores in Toronto, Ontario area. [5] Absorbed into The Brick, the rights to the Bad Boy Furniture name was lapsed and later revived by Lastman family in 1991. In March 2004, the company acquired United Furniture Warehouse which had 81 locations throughout Canada at the time. [6]
The Tropicana hotel-casino. The Tropicana is one of the oldest hotels still standing on the Las Vegas Strip. But the historic resort and casino has welcomed its last guests.