No word on DeRusha
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- Industry mutes criticism of DeRusha--as usual. Perry, David // Furniture/Today;08/07/2000, Vol. 24 Issue 47, p45
Opinion. Comments on the reaction of the furniture industry to the resignation of executive Bill DeRusha from the financially troubled Heilig-Meyers in the United States. View on the severance package for DeRusha; Amazement with the industry's assessment of the tenure of DeRusha in the...
- Invisible-man approach won't help troubled chain. Allegrezza, Ray // Furniture/Today;08/14/2000, Vol. 24 Issue 48, p57
Comments on the aftermath of the resignation of Bill DeRusha as chief executive officer at furniture company Heilig-Meyers. Absence of a company statement about the departure of DeRusha; Lack of management plans to help Heilig-Meyers recover from financial distress.
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- The Wal-Mart way. Lee, Carrie // FW;11/7/95, Vol. 164 Issue 23, p52
Relates why the $1.2 billion-in-sales Heilig-Meyers has a president who is sure of his strategy. The largest furniture retailer in the United States; Its market being the lower middle class living in small towns; The Heilig-Meyer's average 21.6 percent interest rate; President Troy Peery.
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Provides an overview on the financial performance of home furnishings retailer, Heilig-Meyers for the fiscal fourth-quarter. Earnings and net loss; Sales growth; Same-store sales; Comments of Heilig-Meyers President Donald Shaffer on factors that influenced sales trends in the electronics...
- Creditors committee named for bankruptcy. // Furniture/Today;09/04/2000, Vol. 25 Issue 1, p18
Reports on the appointment of two furniture manufacturers and factoring company CIT Group to the unsecured creditors committee for Heilig-Meyers' Chapter 11 bankruptcy case. Claims of Action Lane and Klaussner against Heilig-Meyers; Trading of Heilig-Meyers stock on the over-the-counter system.
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