Bombay Company: Difference between revisions
Tag: section blanking |
Undid revision 365367344 by 67.87.115.155 (talk) |
||
| Line 1: | Line 1: | ||
[[Image:Bombay Store HFX 2007.jpg|right|thumb|A Bombay Company store in [[Canada]]]] |
[[Image:Bombay Store HFX 2007.jpg|right|thumb|A Bombay Company store in [[Canada]]]] |
||
The '''Bombay Company''' is a [[furniture]] and home accessories [[Retailing|retailer]] in [[Canada]]. It was formerly part of a larger [[United States|American]] chain based in [[Fort Worth, Texas]], but the U.S. outlets are now closed. |
The '''Bombay Company''' is a [[furniture]] and home accessories [[Retailing|retailer]] in [[Canada]]. It was formerly part of a larger [[United States|American]] chain based in [[Fort Worth, Texas]], but the U.S. outlets are now closed. |
||
==History== |
|||
The Bombay Company was founded in 1978 by Brad Harper in [[New Orleans, Louisiana|New Orleans]] as a [[Mail order|mail-order company]]. Harper later opened two retail stores in New Orleans. In 1980, Harper sold the U.S. operating rights and established overseas supply channels to the Fort Worth, Texas-based [[holding company]] [[Tandy Brands|Tandy Brands, Inc.]], which is [[Public company|publicly traded]] on [[NASDAQ]]. |
|||
In 1981, Tandy Brands purchased the Canadian rights from [[Robert Nourse]], though Nourse continued to manage the Canadian operations. In 1983, Nourse moved to the United States and assumed responsibility for retail operations. |
|||
The Bombay Company filed for Chapter 11 bankruptcy protection on September 20, 2007. The company was sold to Gordon Brothers and Hilco, two liquidiation companies who sold off the remaining inventory.<ref>[http://www.rttnews.com/sp/Quickfactsnew.asp?date=09/20/2007&item=125 RTTNews - Quick facts Articles, Positive EPS Surprises, News Analysis, Earnings, Audio News<!-- Bot generated title -->]</ref> As of January 21, 2008, all U.S. retail stores were liquidated and closed. In February 2008, Hilco, and Gordon Brothers purchase all intellectual capital of the Bombay Company, Including the Bombay Company website, and created Bombay Brands, a company that will sell Bombay Merchandise through other retail outfits. Some Bombay Original merchandise can be seen at Value City Furniture. |
|||
Bombay's Canadian operations were purchased by the B&C Group, which operates the [[Benix]] and Bowring retail banners in Canada.<ref> [http://money.canoe.ca/News/Sectors/BanksFinance/2007/10/23/4600102-cp.html][CP/Canoe]</ref> |
|||
In December, 2009, William S. Hollands was named Chief Merchant overseeing the Bombay Company operating unit, which manages the U.S. licensing agreement with Bombay Brands LLC, during its re-emergence as a retail brand in the United States.<ref>http://www.homeaccentstoday.com/article/CA6710856.html</ref> |
|||
== References == |
== References == |
||
Revision as of 05:11, 13 September 2010
The Bombay Company is a furniture and home accessories retailer in Canada. It was formerly part of a larger American chain based in Fort Worth, Texas, but the U.S. outlets are now closed.
History
The Bombay Company was founded in 1978 by Brad Harper in New Orleans as a mail-order company. Harper later opened two retail stores in New Orleans. In 1980, Harper sold the U.S. operating rights and established overseas supply channels to the Fort Worth, Texas-based holding company Tandy Brands, Inc., which is publicly traded on NASDAQ.
In 1981, Tandy Brands purchased the Canadian rights from Robert Nourse, though Nourse continued to manage the Canadian operations. In 1983, Nourse moved to the United States and assumed responsibility for retail operations.
The Bombay Company filed for Chapter 11 bankruptcy protection on September 20, 2007. The company was sold to Gordon Brothers and Hilco, two liquidiation companies who sold off the remaining inventory.[1] As of January 21, 2008, all U.S. retail stores were liquidated and closed. In February 2008, Hilco, and Gordon Brothers purchase all intellectual capital of the Bombay Company, Including the Bombay Company website, and created Bombay Brands, a company that will sell Bombay Merchandise through other retail outfits. Some Bombay Original merchandise can be seen at Value City Furniture.
Bombay's Canadian operations were purchased by the B&C Group, which operates the Benix and Bowring retail banners in Canada.[2]
In December, 2009, William S. Hollands was named Chief Merchant overseeing the Bombay Company operating unit, which manages the U.S. licensing agreement with Bombay Brands LLC, during its re-emergence as a retail brand in the United States.[3]