TITLE

The fatal flaw that hit Courts

AUTHOR(S)
Kidd, Andrew
PUB. DATE
December 2004
SOURCE
Cabinet Maker;12/3/2004, Issue 5417, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Comments on the business failure of Courts PLC in Great Britain. Inefficiency of the regularly revamped management, initiatives and store formats; Commercial debt to fund the consumer credit offer; Decline in the market share of the furniture business.
ACCESSION #
15332487

 

Related Articles

  • Courts' credit deal clarified.  // Cabinet Maker;9/20/2002, Issue 5305, p1 

    Reports that British furniture company Courts has stopped advertising credit offers as interest-free when consumers could be liable for interest.

  • Borrowing breach finally tipped the balance.  // Cabinet Maker;12/3/2004, Issue 5417, p3 

    Reports on the business failure of Courts PLC in Great Britain. Presentation of a revised business plan to bankers in the hope for the approval of commercial loans; Recruitment of restructuring firm Alvarez & Marsal to formulate other options for the British operation headed by Alan Fort;...

  • Total U.S. Bankruptcies In First Half Of 2009 Up 36% Over First Half Of 2008; Chapter 11 Business Filings Increase 113%.  // Secured Lender;Nov/Dec2009, Vol. 65 Issue 8, p15 

    The article discusses a report by the American Bankruptcy Institute (ABI) which shows that there is a 36% hike in total number of bankruptcies filed in the U.S. in January-June 2009 over January-June 2008. Chapter 11 business reorganization filings rose by 113% during the period. Business...

  • Talk. Clare, Mike // Cabinet Maker;12/3/2004, Issue 5417, p9 

    Focuses on the opinion of furniture industry executives about the business failure of Courts PLC in Great Britain. Competitiveness of retailers according to John Marshall, DP Furniture Express chairman; Cause of uncertainty for consumers according to Robert Lee, managing director of Lee...

  • Chain reaction: calm before the storm?  // Cabinet Maker;12/10/2005, Issue 5418, p10 

    Focuses on effects of the business closure of Courts UK in Great Britain. Impact of the closure on the furniture industry and trade; Reaction of consumers to the closure of the company; Influence it has on consumer confidence with other retailers.

  • Part Five: Doing Business in the Polish Regions/Case Studies: 5.4.2 Case Study: Jarocinskie Fabryki Mebli S.A.  // Doing Business with Poland;2005, p401 

    Presents a case study on the salvation program of Jarocinskie Fabryki Mebli SA (JFM), the largest manufacturer of office furniture in Poland. Market share of JFM; Customers of the company; Restructuring program implemented by the company.

  • Bankruptcies jump in January. Moore, Philip S. // Inside Tucson Business;2/28/2005, Vol. 14 Issue 38, p19 

    This article focuses on bankruptcies in Tucson. According to the latest report from the Tucson divisional office of the U.S. Bankruptcy Court, the number of business and personal bankruptcies jumped by 14.48 percent during the month. Chapter 13 personal debt reorganizations led the way with a...

  • Courts' upward run proves analysts wrong.  // Cabinet Maker;3/1/2002, Issue 5276, p4 

    Reports the growth of market shares at Courts. Increase of the prices during the autumn season; Revision of the corporate accounting; Forecast of the analysts on Courts shares.

  • O'Sullivan Nears Emergence From Bankruptcy.  // TWICE: This Week in Consumer Electronics;3/27/2006, Vol. 21 Issue 7, p77 

    The article reports on the amended reorganization plan of furniture maker O'Sullivan, confirmed by the U.S. Bankruptcy Court for the Northern District of Georgia. The confirmation is expected to allow O'Sullivan to emerge from bankruptcy by the end of March or April 2006. O'Sullivan had declared...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics