RoomStore aims to grow

Article Abstract:

The RoomStore, the surviving subsidary of the retailer Heilig-Meyers, has emerged from the bankruptcy with an untouched $35 million credit line and with plans of expansion in existing market. The future plans of the Heilig-Meyers to resolve the bankruptcy case, which dates from August 2000 are mentioned.

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BHFC plans to liquidate

Article Abstract:

Breuners Home Furnishings Corp. (BHFC) files for Chapter 11 bankruptcy protection in Delaware. The company's heavy debt load, soft sales, defection by some key suppliers and others, which are identified to be the propelling factors behind the bankruptcy move are analyzed.

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Heilig-Meyers plans RoomStore conversions

Article Abstract:

Heilig-Meyers plans to change 75 stores to RoomStore locations in an attempt to capitalize on its popularity and improve its financial situation.

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