Sofa Express files Ch. 11

Combs, Heath E.
December 2007
Furniture/Today;12/10/2007, Vol. 32 Issue 14, p1
Trade Publication
The article reports on the bankruptcy filed by furniture store chain Sofa Express Inc. in Groveport, Ohio. The store closes due to its financial situation resulting in the termination of employment. Although it has increased sales from the expanded format, it does not provide enough revenue to cover occupancy and expansion costs. Other reasons for bankruptcy includes declined sales, and the increase in fuel and other expenses.


Related Articles

  • 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...

  • Seattle-based Underhill's closing stores. Engel, Clint // Furniture/Today;2/9/2009, Vol. 33 Issue 23, p100 

    The article reports that the family owned Underhill's Furniture is closing all four of its area store in Seattle, Washington, due to economic crisis and global financial crisis. It states that the furniture store will begin going-out-of business sales in February 3, 2009, in which the in-house...

  • Downstate furniture chain taking a seat in this market. Mortland, Shannon // Crain's Cleveland Business;7/1/2002, Vol. 23 Issue 26, p6 

    Reports the expansion plans of Sofa Express in Columbus, Ohio. Store opening of the first eight stores of the company in Jackson Township; Recruitment of several employees; Establishment of stores every two to three weeks.

  • STAYING TRUE TO ITS ROOTS.  // Casual Living;Sep2011, Vol. 51 Issue 9, p124 

    The article focuses on the strategy of casual furniture retailer Anaheim Patio & Fireside in southern California in dealing with business and economic changes. Challenges faced by the business are mentioned including the economic crisis, the unusually cool and damp weather, and the passing away...

  • Door Store files for Chapter 11 protection.  // Furniture/Today;6/1/2009, Vol. 33 Issue 38, p6 

    The article reports on the Chapter 11 bankruptcy protection filed by Door Store Inc. for all its stores in New York and New Jersey. Door Store president and chief operating officer (COO) Jodi Fitzgerald attributed the firm's financial difficulties to the economic condition and weakness of sales....

  • Sofa Express opens S.C. distribution center. Engel, Clint // Furniture/Today;11/11/2002, Vol. 27 Issue 10, p2 

    Reports on the opening of a distribution center by the Groveport, Illinois-based furniture manufacturing company, Sofa Express Co. in Laurens, South Carolina. Physical description of the distribution center; Size and exact location of the store; Operations of the company.

  • Kingsway Beds Limited in administration.  // Cabinet Maker;2/27/2009, Issue 5625, p7 

    The article announces that Kingsway Beds Ltd., trading as Ideal Homes Furniture Store, has entered administration in Great Britain. It is noted that Kingsway has reported being hit by consumers cutting their spending as a result of the economic downturn. The Joint Administrators for the company...

  • Good's Furniture shutting down operations. Engel, Clint // Furniture/Today;1/19/2009, Vol. 33 Issue 20, p10 

    The article reports on the decision of Good's Furniture & Flooring to cease its store operations due to the economic crisis. The stores will start its going-out-of-business sales on January 29, 2009 which will be managed by Deere Park Associates. It notes that Good's floor covering division is...

  • Sofa Express auction set. Engel, Clint // Furniture/Today;12/17/2007, Vol. 32 Issue 15, p1 

    The article reports on the plan of Groveport, Ohio-based top 100 chain Sofa Express and More to auction off its assets on December 19, 2007. Accordingly, the U.S. Bankruptcy Court in Nashville, Tennessee has set a December 21, 2007 hearing to consider the sale. Detailed information regarding the...


Read the Article


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

Try another library?
Sign out of this library

Other Topics