Log In   |  Register Free Newsletter Subscription
Skip navigation
Zibb
Subscribe to Furniture Today
Resource Center graphic
RSS
Reprints/License
Print
Email

Owners of Florida furniture store Hudson's in Chapter 11

Filing not related to furniture business, says founder

Clint Engel -- Furniture Today, October 21, 2009

SANFORD, Fla. — The founder of Top 100 company Hudson's here has filed for Chapter 11 bankruptcy protection, according to a report by the Orlando Sentinel, but President Fred Hudson told Furniture/Today the filing has nothing to do with the 15 remaining Hudson stores.

The report said four entities owned by Fred Hudson - limited liability companies owning one store each in Florida - filed for bankruptcy early this month. An attorney for Hudson told the paper that a bank had begun foreclosure proceedings against the locations and that the bankruptcy was filed to restructure debt while keeping the stores open.

Hudson told Furniture/Today this was a "property deal" that "has absolutely nothing to do with Hudson's furniture." He declined further comment.

Hudson's is No. 89 on Furniture/Today's Top 100 with an estimated $58 million in sales at 24 stores in 2008, including five Ashley Furniture HomeStores in North Carolina that it operates with a partner. Earlier this year, it closed its four Georgia Hudson's stores.

Click here to read the Orlando Sentinel story.

RSS
Reprints/License
Print
Email
Reed Business Information Resource Center

Featured Company


Most Recent Resources

Advertisement

Related Microsite Content

Related Links

  • No Related Content Available

More Content
  • Blogs
  • Photos

Eric Easter

Common Sense Leadership

Eric Easter Blog
November 23, 2009
SYNC INITIATIVES
None of our businesses operate in a vacuum. Our competitors continually challenge...
More

Jim Green

Furniture Biz 101

Jim Green
November 20, 2009
A Week From Hell
I had a week that I would just as soon forget. On Sunday I learned that I had...
More

VIEW ALL BLOGS RSS
GuildMaster chest

Best of Market: More market highlights

Here is a sampling of some of the stylish new products catching dealers' eyes at the October High Point Market. For more coverage, see Furniture/Today's Nov. 2 print issue. When you're done viewing the photos in this Slideshow, more images of hot introductions also are available on the Furniture/Today Web site by clicking here.

 

 

High Point Market scene, 1955

Scenes from the High Point Market's past 100 years

The High Point Market is marking its 100th anniversary this April. To help celebrate this milestone, Furniture/Today presents some pictorial highlights of the past 100 years.

High Point Market Product Submissions - click here to submit
Advertisement
WMC-Videos_160x160
eNewsletters
Furniture Today eDaily
Furniture Today eClassifieds
Bedding Today
Furniture Today Green
Casual Living eWeekly
Home Accents Today eWeekly
Home Accents Today Product Line
Home Textiles Today Extra
Gifts & Dec Direct
Gifts & Dec Product Wire
Kids Today eWeekly
Playthings Extra



Please read our Privacy Policy

About Us   |   Advertise   |   Site Map   |   Contact Us   |   Subscription   |   Affiliate Links   |   RSS
© 2010 Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
Use of this Web site is subject to its Terms of Use | Privacy Policy