Rooms To Go To Begin Liquidation of Louisiana Based Kirshman's
Furniture World Magazine
on
6/26/2006
Great American Group, one of the nation's premier asset management firms, will commence store-closing sales for Louisiana-based furniture chain Kirschman's.
All 5 locations (Metairie, Covington, Baton Rouge, Gulfport, and West Bank) have been acquired by Rooms to Go (RTG), the nation's largest furniture retailer. RTG plans to convert the Metairie, Covington, Baton Rouge and West Bank stores to the Rooms To Go nameplate by September and has enlisted Great American Group to assist with the liquidation of inventory at Kirschman's four Louisiana locations.
"Great American Group is pleased to have the opportunity to work with RTG again as we did with RTG's acquisition of Rhodes, Inc. last year," stated Jeff Yellen, President of Great American Group, Furniture Division.
Great American Group provides asset management services to North America's most successful retailers, distributors, manufacturers, and healthcare facilities. Their well-established services center on turning excess assets into immediate cash through strategic store closings and wholesale, industrial, and healthcare liquidations and auctions. With over 30 years of liquidation experience, Great American Group has successfully completed over 1,000 transactions. Headquartered in Los Angeles, Great American Group also has offices in Chicago, Boston, New York, Atlanta, and Pennsylvania. For more information, call Jeff Yellen at 1-800-85-GREAT or visit www.greatamerican.com.