Execs lead Leath deal

Engel, Clint
July 2006
Furniture/Today;7/17/2006, Vol. 30 Issue 44, p1
Trade Publication
The article reports on the consolidated effort among Leath Furniture Inc.'s top managers, SB Capital Group, and three executives of Planned Furniture Promotions to acquire Top 100 chain from owner Mack Robinson in the U.S. The retailer will continue to operate all 20 of its Leath stores in five Midwestern states and all seven Modernage stores in Florida. Further, Ron Philipps will remain to be the CEO.


Related Articles

  • Leath closing Modernage. Engel, Clint // Furniture/Today;4/16/2007, Vol. 31 Issue 31, p2 

    The article reports that the owners of Atlanta, Georgia-based Leath Furniture will close all seven of Leath's Modernage stores in Florida and have started going-out-of-business sales in April 2007. The owners have also reduced their personnel in Atlanta and have launched high-impact sales at 20...

  • Leath planning promotions at 5 Fla. Modernage stores.  // Furniture/Today;2/12/2007, Vol. 31 Issue 23, p40 

    The article reports that Leath Furniture hired Planned Furniture Promotions to run high-impact sales at five of its Modernage stores in South Florida to boost declining business. Leath chief executive officer (CEO) Ron Phillips expects business may improve with the new campaign after President's...

  • Leath opens first Milwaukee store.  // Furniture/Today;5/19/2003, Vol. 27 Issue 36, p6 

    Reports on the operations of Leath Furniture Inc. in Milwaukee, Wisconsin. Number of stores in the Midwest; Regional operations of the company.

  • Sofa Express gets bids. Combs, Heath E.; Thomas, Larry // Furniture/Today;12/24/2007, Vol. 32 Issue 16, p1 

    The article reports on the liquidation of Sofa Express company in Nashville, Tennessee. SB Capital, Hilco Co. and Planned Furniture Promotions company a bankruptcy court auction for Sofa's fixed assets, inventory and leasing rights. Sources said that a group of bidders paid $12.9 million for...

  • Owners confirm Leath will close, liquidate. Engel, Clint // Furniture/Today;6/4/2007, Vol. 31 Issue 38, p58 

    The article reports that the owners of Atlanta, Georgia-based Leath Furniture have confirmed plans to shut down the entire chain after going-out-of-business sales that have begun at most of its stores. According to Leath, tough competition and a weak business climate have influenced its decision...

  • Payback time at Furnitureland. Gray, Alison // Cabinet Maker;11/25/2005, Issue 5466, p9 

    The article explores the controversies facing the collapsed Furnitureland Inc. in Great Britain. The author comments on the decision of SB Capital not to support the chain. She believes that SB must have projected that returns on the closing down sales offered more potential than continued...

  • Troubleshooter Dickson moves on. Dickson, Peter // Cabinet Maker;6/3/2005, Issue 5441, p3 

    Reports on the resignation of Peter Dickson as chairman of Furnitureland Inc. in Great Britain. Views of Dickson on furniture retailing; Praise given by Bob Marsh of SB Capital Group to Dickson; Support of SB Capital to Furnitureland.

  • Winner takes all of sale cash.  // Cabinet Maker;12/2/2005, Issue 5467, p3 

    The article reports on the conflict between Furnitureland Inc. suppliers and Ernst & Young LLP concerning the breakdown of proceeds from the retailer's closing down sales allocated for creditors in Great Britain. SB Capital, the preferred creditor and effective owner of the firm prior to...

  • Chinni to lead Fortunoff, under new owners. Sloan, Carole // Furniture/Today;3/24/2008, Vol. 32 Issue 29, p26 

    The article focuses on the business plans of Charles Chinni, the new chairman and chief executive officer of home, jewelry and furniture retailer Fortunoff Inc., in solving the company's financial problems. It was stated that Chinni's main focus as the new head is to stabilize the struggling...


Read the Article


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

Try another library?
Sign out of this library

Other Topics