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Unconfirmed News About Rhodes Bankruptcy

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Scores of Rhodes line employees and managers have been posting message of concern and support for the past two weeks to furninfo.com message board posting strings, Today several Rhodes employees heard that Rooms To Go is the successful bidder and plans to close all but 7 stores. Jed noted that, "According to Atlanta Journal reporter this a.m. A document has been filed showing roomstores as successful bidder, but it hasn't been signed by the courts. It might a document that was prepeared before the bidding. They are not sure. Still up in the air. Should know more today sometime." WickyWoo related that it was "just announced: RTG won the auction and will close all but 7 Rhodes stores." For the latest speculation and inside information click on the red "message boards" button then on the search link (search for rhodes).

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