Insolvency Guardian Media Centre
(Gray News) — All Value City Furniture and American Signature Furniture locations nationwide will be closing, according to a news release.
The announcement was made on Friday.
American Signature Inc., the parent company of both Value City Furniture and American Signature Furniture, said it will be closing all 89 of its stores.
This includes all 79 Value City Furniture locations across 13 states and all 10 American Signature Furniture locations in two states.
The stores are currently operating going-out-of-business sales.
Shoppers will find discounts of up to 50% off original prices on home furnishings, including living room, dining room and bedroom collections, as well as decor, lighting, mattresses and rugs.
It’s unclear when the…
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All Value City Furniture stores will close as part of parent company’s liquidation WPTA | 21Alive
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COLUMBUS, Ohio (Inside INdiana Business) – The parent company of Value City Furniture is liquidating its inventory and closing its remaining stores, including six in Indiana, after attempts to sell the 77-year-old retailer to a company that would keep the doors open failed.
In all, Columbus, Ohio-based American Signature Inc. will close 89 stores under the Value City and American Signature Furniture brands.
Going-out-of-business sales started Friday at 79 Value City Furniture stores in Indiana and 12 other states and American Signature’s 10 stores in Delaware and Florida, according to a joint venture that is conducting the sales. That group includes SB360 Capital Partners, Hilco Global and Gordon Brothers.
In central Indiana, Value City…
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Soaring costs put 200 jobs at risk as major aluminium firm folds The Chronicle | The Chronicle
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Acecco, Miniso, Yoyoso stores put in liquidation as operator in debt Inside Retail New Zealand
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SPRINGFIELD, Mo. (KY3) – Perhaps you saw it arrive in your mailbox. The dreaded credit card bills from the holiday shopping season are here.
If your wallet has a holiday hangover from too much Christmas cheer, On Your Side can help.
No matter whether you spent too much money over the holidays or just want to get out of debt. Make it a goal and stick too to it. First, assess the situation.
Write it down. Your income, debts, and necessary monthly expenses. Follow every dollar. You might find instant savings.
“People find out they have dual subscriptions to Netflix,” said Shawn Gallagher with Piatchek & Associates.
Before you pay down debt, build a small emergency fund. Start with $200, aiming for $1,000.
“It is a good idea to have a…
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(Gray News) — All Value City Furniture and American Signature Furniture locations nationwide will be closing, according to a news release.
The announcement was made on Friday.
American Signature Inc., the parent company of both Value City Furniture and American Signature Furniture, said it will be closing all 89 of its stores.
This includes all 79 Value City Furniture locations across 13 states and all 10 American Signature Furniture locations in two states.
The stores are currently operating going-out-of-business sales.
Shoppers will find discounts of up to 50% off original prices on home furnishings, including living room, dining room and bedroom collections, as well as decor, lighting, mattresses and rugs.
It’s unclear when the…
Read the original article here
Global advisory firm Teneo buys PwC’s NZ restructuring business BusinessDesk | NZ
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All Value City Furniture stores will close as part of parent company’s liquidation Inside INdiana Business
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PRMG Partners With LoanSense On Assisting Borrowers Saddled With Student Debt National Mortgage Professional
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A report into a Coolum-based caravan manufacturer that went into administration late last year has revealed the company may have been insolvent since as early as August 2023.
The administrators of Zone RV have released their report to creditors ahead of a meeting on Thursday, when a vote on the future direction of the company will be held.
Zone RV Holdings Pty Ltd and Zone Manufacturing Pty Ltd entered voluntary administration on December 1 following what restructuring advisory firm Cor Cordis called “sustained cash flow challenges and operational pressures”.
Administrators Kate Conneely, Rahul Goyal and Stephen Earel have recommended that creditors vote to wind up Zone RV so they can continue their investigations.
It was revealed…