Kornmeyer's to close

Engel, Clint
September 2007
Furniture/Today;9/17/2007, Vol. 32 Issue 3, p1
Trade Publication
The article reports that Kornmeyer Furniture Co. is closing its business after 127 years in business due to a severe liquidity crisis. Kornmeyer's also said it could not overcome the loss in sales resulting from a failed software conversion. Kornmeyer's president Jacques Pourciau said that continuous software difficulty along with the inability to replenish the inventory to meet customer needs, forced the management to close the store.


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