TITLE

Bankruptcies impact '05 store growth

PUB. DATE
May 2006
SOURCE
Furniture/Today;5/29/2006, Vol. 30 Issue 37, p56
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the impact of bankruptcies on the "Furniture/Today" Top 100's store growth statistics. Bankruptcies offset some of the expansions by more than half the retailers on the list that grew their store counts. Rhodes shut down all 65 of its stores by the end of 2005 and Levitz consolidated down to its 80 best stores.
ACCESSION #
20995718

 

Related Articles

  • Levitz debuts Conn. store.  // Furniture/Today;11/20/2000, Vol. 25 Issue 11, p24 

    Informs on Levitz Furniture s opening of a new-format furniture store in Plainville, Connecticut.

  • Levitz's California store boasts revamped design.  // Furniture/Today;12/04/2000, Vol. 25 Issue 13, p52 

    Reports the opening of a retail store by Levitz Furniture Inc. in Concord, California.

  • 2007 was a record year for bankruptcies. Engel, Clint // Furniture/Today;5/26/2008, Vol. 32 Issue 38, p24 

    The article presents information on number of bankruptcies and liquidations in the Top 100 Furniture Stores in the U.S. It cites that No. 19 Levitz Furniture Co. Inc., No. 26 Bombay Co. Inc. and No. 50 Sofa Express and More all filed bankruptcy in 2007 and subsequently liquidated and closed...

  • Levitz prototype lands on Long Island. Geller, Rose // Long Island Business News (7/1993 to 5/2009);06/16/2000, Vol. 47 Issue 24, p4A 

    Reports on the opening of a prototype store in Long Island, New York by Florida-based Levitz Furniture Corp. Plan of Levitz to recoup its losses since a bankruptcy filing in 1997; Vulnerability of the business to interest rate increases; Increase of competition in the furniture industry.

  • Levitz in Ch. 11 again. Thomas, Larry; Engel, Clint // Furniture/Today;11/12/2007, Vol. 32 Issue 10, p1 

    The article reports on the Chapter 11 bankruptcy protection petition filed by New York City-based Levitz Furniture Co. Inc. for the third time in 10 years. It is stated that the furniture retailer owes more than $25 million to its 16 largest furniture vendors. Levitz's chairman and CEO Larry...

  • Levitz might be moving corporate headquarters.  // Furniture/Today;8/21/2006, Vol. 30 Issue 49, p6 

    The article reports that Levitz Furniture may move out of its corporate headquarters in Woodbury, New York by the end of 2006 following its filing of a bankruptcy. Owners Prentice Capital Management and Great American Group indicated that they would drop efforts to market or sell the lease on...

  • Court OKs Levitz asset auction this week. Engel, Clint // Furniture/Today;11/26/2007, Vol. 32 Issue 12, p4 

    The article reports that the U.S. Bankruptcy Court has given its approval for the sale of the assets of furniture retailer Levitz Furniture Co. Inc. but decided to convert the case to Chapter 7 liquidation. This decision of the court has gained comments from the unsecured creditors of the...

  • Ashley stores set for NY. Engel, Clint // Furniture/Today;11/6/2006, Vol. 31 Issue 9, p1 

    The article reports on the announcement of Jennifer Convertibles Inc., a publicly held sofa-sleeper and leather upholstery specialty retailer, that it plans to open three Ashley Furniture HomeStores in New York City in 2007. The first HomeStore will be open within six months and the other two...

  • Expansion at Vale Furnishers.  // Cabinet Maker;9/18/2009, Issue 5655, p7 

    The article reports on the plan of Vale Furnishers Ltd. to expand its store in Surrey, England. It notes that the store will open a rooftop conservatory at the store on September 19, 2009. It notes that it will enable customers to browse an extended collection of furniture displayed across the...

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