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'''National Wholesale Liquidators''' is a [[West Hempstead, New York|Brooklyn, New York]]-based company that operates warehouse-style closeout [[discount store|discount stores.]] It offers a mix of [[brand|brand-name]] items, everyday household items, and [[furniture]]. National Wholesale Liquidators carries over 120,000 items. The company also offers appliances, automotive products, bath towels, bedding, carpets and floor covers, detergents and cleaning products, electrical hardware, electronics, food products, furniture outdoor, giftware, health and beauty aids, holiday decorative, and household storage products. In addition, it offers indoor furniture, jewelry, kitchen towels-linens, luggage, men's apparel and fragrances, paint and sundries, paper goods and supplies, personal umbrellas, pet supplies, sporting goods, vacuums and accessories, video games, and women's fragrances. |
'''National Wholesale Liquidators''' is a [[West Hempstead, New York|Brooklyn, New York]]-based company that operates warehouse-style closeout [[discount store|discount stores.]] It offers a mix of [[brand|brand-name]] items, everyday household items, and [[furniture]]. National Wholesale Liquidators carries over 120,000 items. The company also offers appliances, automotive products, bath towels, bedding, carpets and floor covers, detergents and cleaning products, electrical hardware, electronics, food products, furniture outdoor, giftware, health and beauty aids, holiday decorative, and household storage products. In addition, it offers indoor furniture, jewelry, kitchen towels-linens, luggage, men's apparel and fragrances, paint and sundries, paper goods and supplies, personal umbrellas, pet supplies, sporting goods, vacuums and accessories, video games, and women's fragrances. |
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At its peak, the company operated more than 50 stores in |
At its peak, the company operated more than 50 stores in Connecticut, Delaware, Illinois, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, Virginia, and Washington, D.C. The chain filed for [[Chapter 11, Title 11, United States Code|Chapter 11 bankruptcy]] in November 2008.[http://www.newsday.com/services/newspaper/printedition/wednesday/business/ny-bznatl125923412nov12,0,4506646.story] and, following a bankruptcy court auction, moved to close 35 of its 45 stores in December 2008. The Chapter 11 reorganization was converted to [[Chapter 7 liquidation]] on February 26, 2009. Some of NWL's assets were acquired out of bankruptcy by NSC Wholesale Holdings Inc., operated by former NWL executives.<ref>{{cite news|title=National Wholesale Liquidators to re-open 'sometime in April' |url=http://www.dotnews.com/2010/national-wholesale-liquidators-re-open-sometime-april| date=17 February 2010 | accessdate=31 January 2015| work =Dorchester Reporter}}</ref> As of February 2018, NWL operates 12 retail locations in Massachusetts, New Jersey, New York, and Pennsylvania.<ref>{{cite web|title=Locations |url=http://nwlshop.com/locations/|accessdate=31 January 2015|website=National Wholesale Liquidators}}</ref> |
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The company filed for bankruptcy again in October 2018 and closed its 11 remaining stores.<ref>{{Cite web|url=https://www.northjersey.com/story/news/business/2018/10/29/national-wholesale-liquidators-facing-liquidation/1803408002/|title=National Wholesale Liquidators — a bargain hunter's delight — faces its own liquidation|website=North Jersey|language=en|access-date=2019-02-20}}</ref> A group of former managers purchased the name and intellectual property and opened two stores |
The company filed for bankruptcy again in October 2018 and closed its 11 remaining stores.<ref>{{Cite web|url=https://www.northjersey.com/story/news/business/2018/10/29/national-wholesale-liquidators-facing-liquidation/1803408002/|title=National Wholesale Liquidators — a bargain hunter's delight — faces its own liquidation|website=North Jersey|language=en|access-date=2019-02-20}}</ref> A group of former managers purchased the name and intellectual property, and opened two stores: its longtime location in Brooklyn and a new location in [[Philadelphia, Pennsylvania]], in a former [[Kmart]], in early 2019.<ref>{{Cite web|url=https://brooklynreporter.com/2019/03/national-wholesale-liquidators-celebrates-grand-reopening/|title=National Wholesale Liquidators celebrates grand reopening|last=Alexander|first=John|date= 2019-03-01|website=Brooklyn Reporter|access-date=2019-08-02}}</ref><ref>{{Cite web|url=https://northeasttimes.com/2019/04/15/national-wholesale-liquidators-opens-in-frankford/|title=National Wholesale Liquidators opens in Frankford|last=Krum|first=Logan|date= 2019-04-15|website=Northeast Times|access-date=2019-08-02}}</ref> |
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==References== |
==References== |
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Revision as of 06:16, 25 November 2019
 | This article needs additional citations for verification. (November 2008) |
| Company type | Private |
|---|---|
| Industry | Discount stores |
| Headquarters | Brooklyn, New York , United States |
Area served | Eastern and Midwestern United States |
| Website | http://www.nwl.me |
National Wholesale Liquidators is a Brooklyn, New York-based company that operates warehouse-style closeout discount stores. It offers a mix of brand-name items, everyday household items, and furniture. National Wholesale Liquidators carries over 120,000 items. The company also offers appliances, automotive products, bath towels, bedding, carpets and floor covers, detergents and cleaning products, electrical hardware, electronics, food products, furniture outdoor, giftware, health and beauty aids, holiday decorative, and household storage products. In addition, it offers indoor furniture, jewelry, kitchen towels-linens, luggage, men's apparel and fragrances, paint and sundries, paper goods and supplies, personal umbrellas, pet supplies, sporting goods, vacuums and accessories, video games, and women's fragrances.
At its peak, the company operated more than 50 stores in Connecticut, Delaware, Illinois, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, Virginia, and Washington, D.C. The chain filed for Chapter 11 bankruptcy in November 2008.[1] and, following a bankruptcy court auction, moved to close 35 of its 45 stores in December 2008. The Chapter 11 reorganization was converted to Chapter 7 liquidation on February 26, 2009. Some of NWL's assets were acquired out of bankruptcy by NSC Wholesale Holdings Inc., operated by former NWL executives.[1] As of February 2018, NWL operates 12 retail locations in Massachusetts, New Jersey, New York, and Pennsylvania.[2]
The company filed for bankruptcy again in October 2018 and closed its 11 remaining stores.[3] A group of former managers purchased the name and intellectual property, and opened two stores: its longtime location in Brooklyn and a new location in Philadelphia, Pennsylvania, in a former Kmart, in early 2019.[4][5]
References
- ^ "National Wholesale Liquidators to re-open 'sometime in April'". Dorchester Reporter. 17 February 2010. Retrieved 31 January 2015.
- ^ "Locations". National Wholesale Liquidators. Retrieved 31 January 2015.
- ^ "National Wholesale Liquidators — a bargain hunter's delight — faces its own liquidation". North Jersey. Retrieved 2019-02-20.
- ^ Alexander, John (2019-03-01). "National Wholesale Liquidators celebrates grand reopening". Brooklyn Reporter. Retrieved 2019-08-02.
- ^ Krum, Logan (2019-04-15). "National Wholesale Liquidators opens in Frankford". Northeast Times. Retrieved 2019-08-02.
External links
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