TITLE

Krause's liquidation sales under way

AUTHOR(S)
Engel, Clint
PUB. DATE
October 2001
SOURCE
Furniture/Today;10/15/2001, Vol. 26 Issue 7, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the business failure of upholstery manufacturer-retailer Krause's Furniture in Brea, California. Responsibility of Buxbaum Group of Encino to liquidate inventories, machines and equipments; Cause of the company's bankruptcy; Data on the agreement with potential buyers.
ACCESSION #
5376831

 

Related Articles

  • Krause's Furniture Inc. Pierce, Elizabeth // Orange County Business Journal;06/15/98, Vol. 21 Issue 24, p15 

    Profiles California-based firm Krause Furniture Inc. Stock performance; Company background and business operations; Expansion and remodeling plans.

  • Krause's furniture adds showrooms.  // Orange County Business Journal;02/15/99, Vol. 22 Issue 7, p12 

    Focuses on Brea, California-based Krause's Furniture Inc.'s opening of furniture showrooms in West Covina, in Sugar Land, Texas and in Orland Park, Illinois.

  • Castro unit opens in Yonkers.  // Furniture/Today;08/21/2000, Vol. 24 Issue 49, p32 

    Cites the opening of a Castro Convertibles store in Yonkers, New York, by custom upholstery retailer-manufacturer Krause's Furniture.

  • When Worlds Collaborate. Gentry, Connie Robbins // Chain Store Age;Apr2001, Vol. 77 Issue 4, p101 

    Focuses on the integration of physical storefronts and virtual accessibility at traditional and Internet-based retail stores. Deployment of a comprehensive technology platform at Krause's Furniture Inc. in January 2001; Advantage of a network of physical locations for an Internet-based retailer.

  • Krause's to shrink to 10. Engel, Clint // Furniture/Today;5/6/2002, Vol. 26 Issue 34, p1 

    Reports the reduction of Southern California stores of Krause's Furniture Inc. Acquisition of the company's assets by the Hakakian Group; Plans of the group to withdraw from New York and New Jersey; Bankruptcy of the company in the year 2001.

  • Krause's asks for debt cuts. Thomas, Larry // Furniture/Today;6/17/2002, Vol. 26 Issue 40, p1 

    Reports on the reorganization strategy of U.S. company Krause's Furniture. Goal of reducing debt, increasing factory production and keeping the company out of bankruptcy court; Closure of all but ten Southern California stores of the company; Request for vendors to forgive up to eighty percent...

  • Castro store in Conn. is Krause's 100th unit.  // Furniture/Today;11/06/2000, Vol. 25 Issue 9, p30 

    Reports on the opening of Krause's Furniture Inc.'s 100th store.

  • Krause's sales up, loss cut.  // Furniture/Today;11/06/2000, Vol. 25 Issue 9, p50 

    Reports on the financial performance of Krause's Furniture Inc. for the third quarter of 2000. Sales of the company; Net loss.

  • Krause's posts net loss, moves to improve liquidity.  // Furniture/Today;04/16/2001, Vol. 25 Issue 32, p230 

    Reports that upholstery retailer and manufacturer Krause's Furniture posted a net loss on sales in the fourth quarter of 2000. Announcement of agreements reached by the company with holders of its debt and preferred stock that will improve liquidity; Plan to file an amended 10-K form with the...

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