Rhodes sale in works

Engel, Clint
July 2005
Furniture/Today;7/18/2005, Vol. 29 Issue 44, p1
Trade Publication
Reports that Richmond, Virginia-based The RoomStore, partnering with a liquidation specialist, has signed a letter of intent to acquire 51 Rhodes stores and other assets. Request to the U.S. Bankruptcy Court to authorize store-closing sales at 14 Midwestern stores and a distribution center; Plan to hire liquidators Great American Group, Gordon Brothers, Professional Sales and Consulting Co. and Zimmer-Hester.


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