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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
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]
In August 2020, KB Home introduced the KB Home Office, a partially customizable home office package targeting remote workers. [17] In October 2020, KB Home was recognized by the United States Environmental Protection Agency and awarded its WaterSense Sustained Excellence Award. This was the fourth consecutive year in which KB Home received the ...
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 ...
KB Home closed 3,375 homes in the third quarter, higher than Bloomberg analysts' expectations of 3,126 homes, but still 6.6% lower year over year. Meanwhile, the average selling price of a home ...
City Liquidators is a furniture warehouse in the Buckman neighborhood of Portland, Oregon. It was established in 1977 by Walt Pelett, who still owns the company along with his wife, Pam. [ 1 ] The company occupies seven buildings totaling 390,000-square feet.
KB Home reported a sharp decrease in net orders in the last quarter of the year as the housing market bears the brunt of the Fed's interest rate hikes.
They also owned Sklar's Furniture Store in Duluth's West End in the mid-1970s, where it was surrounded by 4 other furniture stores. It was sold to the larger Massachusetts -based chain Zayre in 1967 [ 2 ] [ 3 ] and the Zayre locations in the Twin Cities market were thereafter known as "Zayre Shoppers' City."
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