Obama should cut capital gains tax Nov 25, 2008
Wickes Furniture is going. out of business and closing all of its stores. (Atlanta Journal-Constitution -- Opinion)
In brief: Francesca's in La Grange | Navteq space | Zell buys shares Nov 12, 2008
Buy Buy Baby Inc., a unit of Bed Bath d Inc., plans to open a store next summer in a Schaumburg location that previously was a Wickes Furniture store. Buy Buy Baby, which sells baby and toddler items, signed a lease Oct. 31 for 35,000 square feet of the 40,000-square-foot store. (Crain's Chicago Business)
Wickes HQ to be auctioned Monday Nov 8, 2008
(Crains) The Wheeling headquarters of Wickes Furniture Co. is scheduled to be auctioned off Monday, nine months after the retailer filed for bankruptcy protection. The property includes a 210,000-square-foot building, constructed in 1982, that served as both a distribution center and corporate headquarters for Wickes, which was once a well-known local name in home furnishings. (Crain's Chicago Business)
Mervyns, Shoe Pavilion gradually liquidating Nov 2, 2008
Other recent bankruptcies include Sharper Image, Wickes Furniture and McMahan's Furniture, a family-owed chain based in Santa Monica. Other retailers are shutting lower-performing stores to try to stay in business. (San Francisco Chronicle -- Business)
Mervyns latest retailer to fail, closing its 149 stores Oct 18, 2008
Already gone are the novelty retailer Sharper Image Corp., Wickes Furniture and Levitz Furniture; and retail experts say more closings loom. "This is unprecedented really, the number of stores that are going to be closing." said Daniel Kane, principal of Tiger Capitol Group, one of several firms hired to liquidate Linens 'n Things and Shoe Pavilion. (Houston Chronicle)
ExpoMart relocating to old Wickes site Sep 4, 2008
Public officials and local merchants in Monroeville are relieved after Oxford Development Co. said it will build a new convention center in the old Wickes Furniture building to replace the 250,000-square-foot ExpoMart, which will be closing in November. When Oxford announced that ExpoMart, which had become a pillar of the local economy, would be converted into office space as a part of a plan to downsize and remodel the adjacent Radisson Hotel, public officials and merchants worried about losing... (Pittsburgh Post-Gazette, PA)
Retail sales show luxury's out, bargains in Aug 26, 2008
Stores such as Wickes Furniture, Levitz Furniture Inc. and Sharper Image have filed for Chapter 11 bankruptcy protection or called it quits. "Today we're living with the financial-crisis aftermath and tightness of credit. That means a lot of retail real-estate deals are not going to happen," Niemira said. (Montana Standard, MT)
Inflation is stinging US workers harder Aug 22, 2008
A worker washes some of hundreds of unsold cars awaiting sale by South Bay BMW, stored in the parking lot of a shuttered Wickes furniture store, in Torrance, Calif. Tuesday, Aug. 19, 2008. (The Trentonian, NJ)
Henry Paulsonhas lost control Aug 6, 2008
Wickes Furniture is closing all of its stores after filing for bankruptcy protection. Levitz, a furniture retailer - 76 in December. (Asia Times Online)
Bed Bath & Beyond plans S. Loop store Jul 13, 2008
Mr. Joffe says he was in talks with two furniture stores, Wickes Furniture Co. and La-Z-Boy Inc., about the space, but both those deals cratered as the retail climate worsened particularly for merchants tied to the housing market. Wheeling-based Wickes later filed for bankruptcy protection in February. (Crain's Chicago Business)
Retail outlook worries sellers May 28, 2008
Others that filed for bankruptcy reorganization this year include gadget seller Sharper Image Corp., which is selling its assets to an investment group at auction; gift catalog and online retailer Lillian Vernon Corp., which is being acquired by Current USA Inc.; and Wickes Furniture Co., a Wheeling, Ill. -based company owned by private investment firm Sun Capital Partners Inc.. (Albany Times Union)
Retailers face uncertain second half of 2008 May 23, 2008
Others that filed for bankruptcy reorganization this year include gadget seller Sharper Image Corp., which is selling all its assets to an investment group at auction; gift catalog and online retailer Lillian Vernon Corp., which is being acquired by Current USA Inc.; and Wickes Furniture Co., a Wheeling, Ill. -based company owned by private investment firm Sun Capital Partners Inc.. (San Diego Union-Tribune -- Business)
Furniture Fire Sales May 17, 2008
In early May, Linens-n-Things became the latest big-name home goods retailer to file for bankruptcy protection, following both Wickes Furniture and Levitz Furniture this year. While going-out-of-business sales are tough to beat, they aren't without , so know what to look for before you go. (SmartMoney)
Liquidation sales pose pitfalls for consumers May 2, 2008
Browsing the Wickes Furniture bankruptcy sale, Charles Levy thought he'd found a great deal on a three-piece living-room set for $2,750 -- an $1,808 discount off the original price, according to the tag ... An attorney for Wickes Furniture Co. did not return a call to The Oregonian. (OregonLive, OR -- Business)
Talbots sticking with plan Apr 17, 2008
Tightening credit and slumping consumer demand have devastated the retail industry, with eight mid-size retail chains filing for bankruptcy protection, including , Wickes Furniture Co., and Lillian Vernon Corp.. Sullivan, however, said Talbots has no intention of following suit. (Boston Globe)
California Leads U.S. With Foreclosures, House Price Drop, Slowing Growth Mar 21, 2008
As demand for new home furnishings has dried up, bankrupt retailers , Wickes Furniture Co. and Bombay Co. are closing dozens of stores in the state, Kyser said. Spending Cut. (Bloomberg)
Wickes Furniture going out of business Mar 9, 2008
Members: Not Registered. for free extra services. (Portland Business Journal, OR)
Court OKs Wickes' liquidation sale Mar 1, 2008
(Crains) Going-out-of business sales will start Saturday at 38 Wickes Furnitures stores as the retailer winds down operations across the country ... Hilco and the other liquidators agreed to pay Wickes Furniture 50 ... Wheeling-based Wickes Furniture, owned by private equity firm Sun Capital Partners, filed for Chapter 11 bankruptcy protection on Feb. 3 in Delaware. (Crain's Chicago Business)
Wickes to begin going-out-of-business sales this weekend Feb 27, 2008
(Crains) Wickes Furniture plans to start a going-out-of-business sale this weekend, as the retailer found no takers to save the chain and begins to wind down its operations ... Wickes Furniture, owned by private equity firm Sun Capital Partners, filed for Chapter 11 bankruptcy protection on Feb. 3 in Delaware. (Crain's Chicago Business)
Retail Bankruptcies On The Rise Feb 21, 2008
Wickes Furniture Co., a Wheeling, Illinois-based company owned by private investment firm Sun Capital Partners Inc., filed for bankruptcy earlier this month. Jewelry and home furnishings retailer Fortunoff, based in Uniondale, New York, agreed this month to sell its business to NRDC Equity Partners LLC, which owns the Lord r department store chain, through a bankruptcy process. (CBS News)
Recent retailers to declare bankruptcy Feb 21, 2008
- Wickes Furniture Co., a Wheeling, Ill. -based company owned by private investment firm Sun Capital Partners Inc., filed for bankruptcy earlier this month. (Fresno Bee -- Business)
Great American Group bids for inventory of bankrupt Domain Home Feb 6, 2008
In the past week, home furnishings chain Fortunoff and Wickes Furniture have also filed for bankruptcy protection. Jenn Abelson can be reached at. (Boston Globe)
Wickes Furniture files Chapter 11 Feb 5, 2008
Wickes Furniture files Chapter11 ... (Reuters) Wickes Furniture, a retailer owned by private equity firm Sun Capital Partners, has filed for Chapter 11 bankruptcy protection, citing tough times in wake of the slumping U.S. housing market ... According to a statement from Richard Clausing, chief financial officer of Wickes Furniture and its parent, Wickes Holdings, the company is seeking a transaction involving a sale of or investment in its business. (Crain's Chicago Business)
Wickes Furniture Company Expanding In Chicago Area Nov 21, 2007
Wheeling, IL (PRWEB) November 21, 2007 - Wickes Furniture Company, Inc., a Sun Capital Investment Company and one of the nation's largest furniture retailers, has opened a new retail showroom in Bolingbrook, Illinois - its 19th in the Chicago area and its 43rd nationwide ... "We're proud to open our newest Chicago area showroom, where we'll be introducing Urban Innovations by Wickes - a line of beautiful and functional furniture for smaller spaces such as condos, townhouses and apartments," said... (Yahoo News -- Press Releases)
Zimmerman Advertising Wastes No Time Leading Media Buying into the 21st Century Aug 9, 2007
Executive Vice President of Media Services Fred Zuckerman says, "Let me give you an example of how it used to work up until now. Wickes Furniture finds out on a Friday afternoon that the competition is having a big sale that weekend. My agency calls the local station to try and buy spots for Saturday and Sunday, and we're told to call back on Monday, because no one can turn our buy around fast enough to get it on air. This will never be an issue for our clients again.". The Z-Media Exchange's... (Yahoo! Wire -- Entertainment News)
Wickes Furniture Leaving Minn. After 40 Years May 16, 2007
com - Wickes Furniture Leaving Minn ... Wickes Furniture Leaving Minn ... (WCCO) Wickes Furniture, a national chain that's been doing business in the Twin Cities for almost 40 years, said it's leaving Minnesota. (WCCO.com, MN)
Wickes takes urban twist for city showroom May 13, 2007
Wickes Furniture Co. Inc. plans to open its first store within Chicago city limits on Friday at 2606 N. Elston Ave. in Lincoln Park. The two-story showroom, the company's first, will carry furniture aimed at city dwellers and introduce a contemporary collection called Urban Innovations designed for condos and lofts. (Chicago Tribune)
Southwest Riverside County Community News Briefs: Auxiliary makes donation to hospital's infusion department Apr 6, 2007
MURRIETA --The Easter Bunny will be taking pictures with the children and handing out candy from 11 a.m. to 4 p.m. Saturday at Wickes Furniture. Adults will receive scratch-and-win tickets for an opportunity to win free and discounted merchandise. (North County Times)
