Jennifer Furniture: Difference between revisions
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According to ''Furniture Today'' the company was number 48 among furniture retailers with $114 million in sales for the year ending August 29, 2009.<ref name=Stock/> |
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Harley Greenfield, the CEO of Jennifer Convertibles, refused to let the police perform a breathalyzer test when he got to the precinct. The police had to get a warrant to do a blood alcohol test. This allowed sufficient time for the alcohol level to be broken down in his body to a "legal" level. He was cleared charges of DWI- drinking while intoxicated, but was immediately sued by the family of the victim.<ref>death suit: http://www.nypost.com/p/news/local/queens/sofa_ceo_in_death_suit</ref> |
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| ⚫ | As of August 26, 2006, the Company's stores included 175 Jennifer Convertibles stores and 16 Jennifer Leather stores. Of these 191 stores, the Company owned 167 and licensed 24, including 23 owned and operated by a related private company and one owned by other third parties operated by the private company. Jennifer Convertibles stores specialize in the retail sale of a complete line of sofabeds. In addition, the Company sells sofas and companion pieces, such as loveseats, [[chairs]] and [[recliners]], in both [[fabric]] and leather. The Company is a dealer of [[Sealy]] sofabeds in the United States. Jennifer Leather stores specialize in the retail sale of leather [[living room]] [[furniture]]. During the fiscal year ended August 26, 2006, the Company closed three stores, of which one was located in [[Las Vegas metropolitan area|Las Vegas]], [[Nevada]], and two were located in [[Indianapolis, IN]]. |
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Jennifer has fewer than 50 creditors, including WABC TV, to which it owes over $130,000; and Jericho, N.Y.'s Restful Furniture Corp., a retailer to which Jennifer owes $137,544. |
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| ⚫ | The Company's stores are open seven days per week. The Company displays a variety of sofabeds and companion pieces at each Jennifer Convertibles retail location with cocktail tables and other accessories. Jennifer Convertibles offer a line of sofabeds made by a number of manufacturers in a variety of styles at prices ranging from approximately $299 to $2,200. The Jennifer Leather stores similarly offer a line of leather living room furniture in a variety of styles and colors at prices ranging from approximately $599 to $5,000. The Company also offers merchandise at its Jennifer Convertibles and Jennifer Leather stores under the Bellissimo Collection brand name for leather merchandise. |
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A related private company, the private company, operates 24 Jennifer Convertibles stores, 23 of which it owns and one of which it licenses or manages. The Company does not own or collect any royalties from the 21-private company owned stores, which are located in [[New York]]. |
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The company has a history of shady business dealings. It has received a grade of "F" from the Better Business Bureau in 2006, 2007, 2008 and 2009. <ref>LA BBB: Grade F for Jennifer Convertibles: http://www.la.bbb.org/Business-Report/Jennifer-Convertibles-78001922</ref> Across the U.S. they have had complaints off the charts for deceptive sales practices, delivery problems, not honoring their warranty and bait and switch techniques.<ref>Deceptive business: http://www.consumeraffairs.com/furniture/jennifer_bait.html</ref><ref>How to fight Jennifer Convertibles: http://jenniferconvertiblessucks.com/</ref> They have been publicly known to call their customers, "clinically insane".<ref>Jennifer Convertibles says their consumers are clinically insane: http://www.consumeraffairs.com/furniture/jennifer_inside.html</ref> |
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| ⚫ | On July 29, 2004 [[New York State]] Attorney General [[Eliot Spitzer]] announced a consent order and judgment that will significantly reform the sales practices of Jennifer Convertibles and provide restitution to consumers. The judgment permanently enjoined Jennifer Convertibles from engaging in deceptive, fraudulent or illegal business practices, and requires the company to make substantial reforms to its sales practices and customer service operations. The judgment also requires Jennifer Convertibles to make restitution to consumers for its failure to replace or repair defective goods. In addition, Jennifer Convertibles agreed to pay $275,000 in penalties, and $2,000 in costs.<ref>http://www.oag.state.ny.us/press/2004/jul/jul29a_04_attach.pdf</ref> |
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Jennifer Sofa has also been involved in free gas scams to lure customers. |
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As of July 20, 2010, Jennifer Convertibles operates 142 namesake stores and 12 Jennifer Leather stores across the U.S. It also owns 154 Ashley Furniture HomeStores and licenses five others.<ref>Company stats: http://www.miamiherald.com/2010/07/19/1737340/jennifer-convertibles-files-for.html#ixzz0uGBJ2Haw</ref> |
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| ⚫ | The Company displays a variety of sofabeds and companion pieces at each Jennifer Convertibles retail location with cocktail tables and other accessories. Jennifer Convertibles offer a line of sofabeds made by a number of manufacturers in a variety of styles at prices |
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| ⚫ | On July 29, 2004 [[New York State]] Attorney General [[Eliot Spitzer]] announced a consent order and judgment that will significantly reform the sales practices of Jennifer Convertibles and provide restitution to consumers. The judgment permanently enjoined Jennifer Convertibles from engaging in deceptive, fraudulent or illegal business practices, and requires the company to make substantial reforms to its sales practices and customer service operations. The judgment also requires Jennifer Convertibles to make restitution to consumers for its failure to replace or repair defective goods. In addition, Jennifer Convertibles agreed to pay $275,000 in penalties, and $2,000 in costs.<ref>http://www.oag.state.ny.us/press/2004/jul/jul29a_04_attach.pdf |
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The company outsources their delivery companies and their repair support. Jennifer Sofa is not held liable if your product is broken upon delivery or ruined upon repair. Their customer service representatives are trained by Customer Service manager, Meryl Gair, who is trained by teh executives to lie about their products and offer false promises. If this results in a suit in small claims court, their practice is based on arbitration. Their lawyer comes in and adjourns the case about 5 times extending it to as long as 3 years hoping the plantiff will tire out or miss a court date (therefore rendering the plantiff as forfeiting the suit). As far back ac 1998, they have been known to harass clients, presenting as lawyers when they aren't, including a Standford University staff member.<ref>Fake lawyer for Jennifer Convertibles: http://www.stanford.edu/~dru/jenniferconvertibles.html</ref> |
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On July 19, 2010, Jennifer Convertibles announced it had filed for [[Chapter 11, Title 11, United States Code|bankruptcy]]; the filing in [[New York state]] said this was due to "substantial losses". Stores in [[Philadelphia]], [[Boston]], [[Atlanta]], [[Chicago]], [[North Carolina]], [[Florida]], and [[Michigan]] will close.<ref name=Stock>{{cite news|url= |
On July 19, 2010, Jennifer Convertibles announced it had filed for [[Chapter 11, Title 11, United States Code|bankruptcy]]; the filing in [[New York state]] said this was due to "substantial losses". Stores in [[Philadelphia]], [[Boston]], [[Atlanta]], [[Chicago]], [[North Carolina]], [[Florida]], and [[Michigan]] will close.<ref name=Stock>{{cite news|url= |
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http://www.newsobserver.com/2010/07/20/588924/jennifer-convertibles-closing.html|title=Jennifer Convertibles closing N.C. stores|last=Stock|first=Sue|work=News & Observer|date=2010- |
http://www.newsobserver.com/2010/07/20/588924/jennifer-convertibles-closing.html|title=Jennifer Convertibles closing N.C. stores|last=Stock|first=Sue|work=News & Observer|date=2010-07-20|accessdate=2010-07-20}}</ref> |
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==References== |
==References== |
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{{Reflist}} |
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==External links== |
==External links== |
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Revision as of 14:11, 21 July 2010
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Jennifer Convertibles Inc. (Template:OTCBB) is the owner and licensor of sofabed specialty retail stores and leather specialty retail stores in the United States, with stores located throughout the Eastern seaboard, in the Midwest, on the West Coast and in the Southwest.
According to Furniture Today the company was number 48 among furniture retailers with $114 million in sales for the year ending August 29, 2009.[1]
As of August 26, 2006, the Company's stores included 175 Jennifer Convertibles stores and 16 Jennifer Leather stores. Of these 191 stores, the Company owned 167 and licensed 24, including 23 owned and operated by a related private company and one owned by other third parties operated by the private company. Jennifer Convertibles stores specialize in the retail sale of a complete line of sofabeds. In addition, the Company sells sofas and companion pieces, such as loveseats, chairs and recliners, in both fabric and leather. The Company is a dealer of Sealy sofabeds in the United States. Jennifer Leather stores specialize in the retail sale of leather living room furniture. During the fiscal year ended August 26, 2006, the Company closed three stores, of which one was located in Las Vegas, Nevada, and two were located in Indianapolis, IN.
The Company's stores are open seven days per week. The Company displays a variety of sofabeds and companion pieces at each Jennifer Convertibles retail location with cocktail tables and other accessories. Jennifer Convertibles offer a line of sofabeds made by a number of manufacturers in a variety of styles at prices ranging from approximately $299 to $2,200. The Jennifer Leather stores similarly offer a line of leather living room furniture in a variety of styles and colors at prices ranging from approximately $599 to $5,000. The Company also offers merchandise at its Jennifer Convertibles and Jennifer Leather stores under the Bellissimo Collection brand name for leather merchandise.
A related private company, the private company, operates 24 Jennifer Convertibles stores, 23 of which it owns and one of which it licenses or manages. The Company does not own or collect any royalties from the 21-private company owned stores, which are located in New York.
On July 29, 2004 New York State Attorney General Eliot Spitzer announced a consent order and judgment that will significantly reform the sales practices of Jennifer Convertibles and provide restitution to consumers. The judgment permanently enjoined Jennifer Convertibles from engaging in deceptive, fraudulent or illegal business practices, and requires the company to make substantial reforms to its sales practices and customer service operations. The judgment also requires Jennifer Convertibles to make restitution to consumers for its failure to replace or repair defective goods. In addition, Jennifer Convertibles agreed to pay $275,000 in penalties, and $2,000 in costs.[2]
On July 19, 2010, Jennifer Convertibles announced it had filed for bankruptcy; the filing in New York state said this was due to "substantial losses". Stores in Philadelphia, Boston, Atlanta, Chicago, North Carolina, Florida, and Michigan will close.[1]
References
- ^ a b Stock, Sue (2010-07-20). "Jennifer Convertibles closing N.C. stores". News & Observer. Retrieved 2010-07-20.
- ^ http://www.oag.state.ny.us/press/2004/jul/jul29a_04_attach.pdf