Kelly and Cohen emerges from Chapter 11

Article Abstract:

Kelly and Cohen of Atlanta, GA, a retailer of bedroom specialty products, has recovered from bankruptcy protection and its two stores are performing profitably, stated company president Irv Klayman. The company, which filed for Chapter 11 protection from its creditors in January 1998, has promised to pay its unsecured creditors about 30% of its debts prior to the filing. Kelly and Cohen, whose major creditors include Comfort Rest, American Pacific, Halcyon, Classic, The Monday Co. and TimberCrest, has resumed retail operations at two of its four locations.

Comment:

Has recovered from bankruptcy protection, w/ two stores running

Article, Kelly and Cohen

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Ikea drops plan to open 3rd N.Y. store

Article Abstract:

Ikea is terminating its plans for a store in New Rochelle, New York amidst opposition from the local community. Ikea had planned to build a 300,000-square-foot store.

New York, Ikea A/S

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House2Home set to close

Article Abstract:

House2Home has filed for bankruptcy protection under Chapter 11 law. The home decorating chain is planning to liquidate its assets.

Organizational history, House2Home Inc.

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