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Article: NEWS BRIEFS.(RoomStore Furniture and Accessories, Hilco Real Estate L.L.C., Hilco Merchant Resources together buy Rhodes Inc.)(Ron Ainsworth resigns from Fashion Bed Group)(Leda Home Furnishing Corp. introduces self locking system)
- Article from:
- HFN The Weekly Newspaper for the Home Furnishing Network
- Article date:
- July 25, 2005
CopyrightCOPYRIGHT 2005 MacFadden Communications Group LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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THE ROOMSTORE has teamed up with a liquidation specialist and has signed a letter of intent to purchase 51 Rhodes stores for $38.8 million. RoomStore, along with Hilco Merchant Resources and Hilco Real Estate, is looking to buy Rhodes, which has been operating under Chapter 11 of the U.S. Bankruptcy Code since November 2004. Rhodes owes its creditors $59.5 million. RoomStore has 65 stores in Pennsylvania, Maryland, Virginia, North Carolina, South Carolina and Texas with sales of $330.3 million. Rhodes has 65 stores in 11 states and sales of $439 million. In addition to RoomStore's acquisition move, Rhodes is asking the bankruptcy court to allow the company to close 14 ...
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Article: 67-bed group home just too darned big
The Sun, San Bernardino, Calif.;
May 14, 2007 ;
446 words
... ... gives future neighbors the fits. But the idea of having a 67-bed group home in a residential area is especially ludicrous. And so ... of planning. Although it's hard to imagine how any 67-bed group home could. We're sorry. We don't mean to be unneighborly ...
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