Popular furniture retailer is closing eight locations as CEO says bankruptcy is not ‘taboo but rather strategic’ ...Middle East

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Popular furniture retailer is closing eight locations as CEO says bankruptcy is not ‘taboo but rather strategic’
source : The U.S. Sun ( Middle East ) () 27
THE RoomPlace is struggling to hang on through turbulent economic conditions. Many Americans will be forced to find new homeware destinations as store closings ramp up for the chain. The RoomPlace, a furniture store based in Chicago, will shutter doors in six Indiana stores and two moretheroomplace The RoomPlace is a furniture retailer based in Chicago. It’s been around since 1912. On February 2, The RoomPlace announced Chapter 11 bankruptcy. At least 83 employees will be affected by these closures, according to a spokesperson from the company. The furniture chain is slated to close its doors in three different states: Illinois, Indiana, and Wisconsin. CEO COMMENTS A

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