September 9,
2024 by Karen Parrish in Bankruptcy, Industry
Big Lots, Inc. (the "Company") today announced that it has entered into an agreement (the "Sale Agreement") with an affiliate of Nexus Capital Management LP ("Nexus"), pursuant to which Nexus has agreed to acquire substantially all of the Company's assets and ongoing business operations.
June 26,
2022 by Laurie Northington in Acquisition, Bankruptcy, Industry
Corsicana Mattress Company and certain of its affiliated entities filed for voluntary reorganization under Chapter 11 of the U.S. Bankruptcy Code in the Northern District of Texas in Fort Worth.
March 10,
2020 by Laurie Northington in Bankruptcy, Industry
Detroit-based Art Van Furniture has filed for bankruptcy following its announcement last week of plans to close and liquidate all company-owned stores, according to a report from the Detroit Free Press.
February 18,
2020 by Laurie Northington in Bankruptcy, Industry
Home furnishings and décor retailer Pier 1 Imports, Inc. (NYSE: PIR) has announced it has filed for bankruptcy and is seeking a sale of the company, according to a report from Reuters.
September 11,
2019 by Jane Chero in Bankruptcy, Designer Weekly, Industry
Leisure furnishings manufacturer Watermark Living will highlight collections and finishes from its rattan line for the 2020 season. Built for interior use, the Hamond and Cambria collections will offer style and comfort in Watermark Living’s rattan category. Also, finishes on various collections will receive a rejuvenated appeal with a trending golden hue with Sun Bleached and a rich Espresso.
June 19,
2019 by Jane Chero in Bankruptcy, Designer Weekly, Industry
The American Society of Interior Designers (ASID) has just announced their Advocate by Design (AxD) Fund, a political education fund that aims to strengthen the design industry’s presence within national, state, and local policy decision making.
May 23,
2019 by Laurie Northington in Bankruptcy, Industry
Dallas Market Center has announced issue number two of its new magazine, Spark, featuring leading entrepreneurs in retail, the latest new products and trends, and insights from artists and style experts.