Sears Canada (TXS: SCC; NASDAQ: SRSC), which filed for bankruptcy earlier this week, said it will close 20 of its 90 full-line department stores and dozens of other smaller-format stores as part of its restructuring.
Retailer Erdos at Home, which closed all 12 of its stores in early April, filed for Chapter 11 bankruptcy protection a few days after the closings and has asked a U.S. Bankruptcy Court judge to allow them to re-open to conduct going-out-of-business sales.
Home Furnishings Business has kicked off its search for the best and brightest young professionals in the home furnishings industry by opening nominations for its annual 40 Under 40 listing.
Home furnishings retailer RoomStore is looking to return to normal operations this week under the guidance of the U.S. Bankruptcy court.
A bankruptcy hearing has been set for July 28 to review a reorganization plan filed by latex supplier and producer Latex Foam International.
Upholstery producer Mastercraft Furniture has filed for Chapter 7 bankruptcy.
Home office supplier Turnkey Products has filed Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court in Greensboro, N.C.