Heilig to close 12 more stores
Article Abstract:
Heilig-Meyers will shutdown an additional 12 more stores, mostly in the southeastern United States. The closure of the unprofitable stores is being planned while the company seeks court permission to conduct its own liquidation sales.
Publication Name: Furniture-Today
Subject: Home furnishings industry
ISSN: 0194-360X
Year: 2001
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Heilig seeks new finance package
Article Abstract:
Heilig-Meyers is hoping to secure a debtor-in-possession (DIP) financing package to take the place of a previous DIP deal. The firm hopes to gain a $30 million package.
Publication Name: Furniture-Today
Subject: Home furnishings industry
ISSN: 0194-360X
Year: 2001
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Heilig-Meyers records more losses in third qtr
Article Abstract:
Heilig-Meyers posted a loss of $64.8 million for the third-quarter ending November 30, 2000. The loss was based on revenues of $224.3 million during the period.
Publication Name: Furniture-Today
Subject: Home furnishings industry
ISSN: 0194-360X
Year: 2001
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