TITLE

Heilig-Meyers

PUB. DATE
September 2001
SOURCE
Furniture/Today;Sep2001 Supplement, Vol. 26, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the business failures of furniture retailer Heilig-Meyers in the United States. Closure of stores; Consolidation of assets including Rhodes and Mattress Discounters; Application for Chapter 11 bankruptcy.
ACCESSION #
5159474

 

Related Articles

  • Stick with what you do best, but do it even better. Allegreza, Ray // Furniture/Today;09/11/2000, Vol. 25 Issue 2, p43 

    Examines the reasons behind the business failings of furniture retailers Roberds and Heilig-Meyers. Expansion in markets they were not familiar with; Institution of changes in the fundamental elements of their businesses; Keys to making an aggressive growth strategy successful; Importance of...

  • Heilig-Meyers posts $17.5 million May loss.  // Furniture/Today;7/9/2001, Vol. 25 Issue 43, p30 

    Reports the net loss of Heilig-Meyers Co. in Richmond, Virginia for May 2001. Estimates of the business loss; Plans of the company to shut down remaining Heilig stores; Approval on the sale of the three-store Homemakers chain of Heilig by the bankruptcy court.

  • Heilig out of court. Engel, Clint // Furniture/Today;3/6/2006, Vol. 30 Issue 26, p1 

    The article reports on the bankruptcy plan of Heilig-Meyers Inc. in Richmond, Virginia. The remaining assets of the company is controlled by a liquidation trust led by the trustee Anthony Schnelling, founding member and managing director of turnaround, crisis and interim management specialist...

  • Heilig-Meyers loses $589M. Engel, Clint // Furniture/Today;12/04/2000, Vol. 25 Issue 13, p1 

    Reports the business loss incurred by Heilig-Meyers Inc. in Richmond, Virginia. Decline of shareholder equity; Relation of loss to one-time reorganization charges; Sale and closure of several operations.

  • The pictures are happy but the wreckage is sad. Perry, David // Furniture/Today;06/18/2001, Vol. 25 Issue 40, p31 

    Focuses on the closure of Heilig-Meyers furniture company in North Carolina. History of the company; Stoppage of the business of Bill DeRusha and Don Shaffer; Effects of the shut-down on consumers and employees of the company.

  • 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.

  • 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.

  • A roller-coaster ride to a surprisingly good ending. Allegrezza, Ray // Furniture/Today;04/30/2001, Vol. 25 Issue 33, p75 

    Comments on the furniture industry of the United States. Opinion on the liquidation of stores by Heilig-Meyers Inc.; Decrease in sales of furniture retailers; Impact of the reduction of interest rates on the industry.

  • Heilig-Meyers files Ch. 11. Engel, Clint // Furniture/Today;08/21/2000, Vol. 24 Issue 49, p1 

    Reports that furniture retail chain Heilig-Meyers filed for Chapter 11 bankruptcy protection in August 2000. Plan to close nearly one-third of the chain's stores in order to cut costs; Company's decision to stop offering in-house financing; List of Heilig-Meyers' ten largest unsecured claims...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

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

Try another library?
Sign out of this library

Other Topics