Sunday, February 20, 2011

Robb & Stucky, Files For Chapter 11 Bankruptcy On Friday.



Robb & Stucky, No. 33 on Furniture/Today's Top 100 with 2009 estimated sales of $201 million, filed for Chapter 11 bankruptcy on Friday.

Dan Lubner, president of Robb & Stucky's Hospitality Design Division, said "We are endeavoring to locate a buyer that will maintain the company's brand standards, associates team and strong focus on customer needs and service, with minimal impact on operations and stakeholders."

High-end retailer Robb & Stucky carried such brands as Woodard, Lexington and Stanley and many more. They have locations in Arizona, Nevada, Florida and Texas. Real Estate in most of those states have been hit hard.

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