Losses, cash shortage led to RoomStore filing - Furniture Today
12/13/11
![]()
Losses, cash shortage led to RoomStore filing
Furniture Today
RoomStore was facing mounting losses, sharply decreasing sales and a shortage of cash as it worked to pay down a bank loan before finally filing for Chapter 11 bankruptcy protection Monday. In court documents, the Top 100 company, the last surviving ...
[more]
Furniture Today
RoomStore was facing mounting losses, sharply decreasing sales and a shortage of cash as it worked to pay down a bank loan before finally filing for Chapter 11 bankruptcy protection Monday. In court documents, the Top 100 company, the last surviving ...