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Best Products – filed for bankruptcy for the second time in September 1996 [33] [34] and closed all of its stores by the following February [35] [36] Brendle's – became bankrupt and liquidated in 1996 [37] [38] Consumers Distributing – sought bankruptcy protection in 1996; Ellman's – acquired by Service Merchandise in 1985 [39] [40]
Neisner's or Neisner Brothers was a chain of variety stores in North America, opened their first variety store in Rochester, New York, in 1911. [5] Ohrbach's, liquidated in 1987 and acquired by Howland-Steinbach; Ovington's New York, liquidated in bankruptcy 1950; assets acquired by American Limoges Co. Pharmhouse
A bankruptcy filing on December 12, 2014, showed United Furniture Industries won the bidding for the 475,000-square-foot Lane Furniture plant in Tupelo. [ 10 ] In April 2015, the company began $2.7 million in improvements on a 70,000-square-foot showroom built in the 1990s for Drexel-Heritage, and later used by Henredon, Maitland-Smith and La ...
Bankruptcy has led to the closure of another chain store in Fayetteville. Furniture retailer Conn's Home Plus is closing all 170 stores, affecting 4,000 employees across 15 states, including a ...
Nov. 24—RANDOLPH COUNTY — The various raw materials and remaining equipment and other tangible property of Klaussner Furniture Industries Inc. cost the company nearly $19 million but are ...
Lambeth Furniture began in 1901 and was sold to Knox Furniture in 1928 and Thomasville Chair in 1932. [1] B.F. Huntley Furniture began in 1906 on Patterson Avenue in Winston-Salem, North Carolina and grew into the largest bedroom and dining room furniture manufacturer in the country. Its Winston-Salem plant burned in 1956, though a two-story ...
In 1980 Interco took over Broyhill Furniture, a North Carolina company that was the world's largest privately owned furniture maker, with 20 factories and 7,500 employees. Paul Broyhill remained as CEO for five more years, leaving when Interco made changes with which he did not agree. [ 9 ]
Carolina Place’s original 2013 loan was for $175 million at a fixed interest rate of 3.83%, the CMBS report shows. ... The Pineville location was among 142 nationwide store closures following ...