TITLE

Whelan: Rhodes receiving shipments

AUTHOR(S)
Engel, Clint
PUB. DATE
October 2004
SOURCE
Furniture/Today;10/25/2004, Vol. 29 Issue 7, p73
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the retraction of the statements made by furniture industry analyst Margaret Whelan regarding the financial troubles of Rhodes. Claim by Whelan of Rhodes's potential corporate bankruptcy due to problems with vendor credit; Suggestion by Whelan for the filing of chapter 11 bankruptcy protection after receiving inside information on Rhode's failure to pay suppliers; Counter by company financial director Joel Dugan of the absence of factual data to declare the statements.
ACCESSION #
14851503

 

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