Retailer Pierre Deux Shuts Down
Parent Company Files for Chapter 7 Bankruptcy
Clint Engel -- Furniture Today -- Gifts and Dec, 7/8/2011 12:54:59 PM
Seacaucus, NJ - The parent of high-end country French home furnishings retailer Pierre Deux has filed for Chapter 7 bankruptcy liquidation and its showrooms across the United States appear to be closed.
Arts des Provinces de France filed for protection in U.S. Bankruptcy Court in Newark, NJ, on June 23, listing assets of $12.1 million and debts of $53.9 million. Until recently, the company operated 23 stores in 13 states, with the largest concentration in California and the Northeast.
Sharon Levin, an attorney representing the company in the filing, said the Pierre Deux parent "no longer exists" and referred questions to bankruptcy trustee Steven Kartzman, who could not immediately be reached for comment.
Local news stories in some of the markets where the stores are located had also indicated the company was out of business, with a Charleston, SC, report noting employees there were told to gather their belongings and lock the door behind them.
Another report from Red Bank, NJ, said the 2,400-square-foot store there is shut down and is under the control of a court-appointed trustee.
According to the filing, unsecured supplier creditors and their claims include Nourison Inds., $123,354; Motif Designs, $64,970; Highland House, $52,605; Kai Wi Kreations, $37,888; French Market Collection, $37,212 and Dessau Home, $34,353. French supplier claims include Tissus D'Avesnieres, $205,431; and Tissages de Gravigny, $101,724.
It is so very SAD that Pierre Deux has closed and left too many employees and customers in the lurch !!! What are we customers to do with unused gift certificates, orders abandoned, etc.? I would love to be in touch with the Winnetka, IL employees just to say I miss you terribly and wonder if you are alright ! You know how to contact me ! Please do, Barbara, Jody and Mary !!!
Mary Cavalier - 2011-08-07 18:19:54 EDTIt is so very SAD that Pierre Deux has closed and left too many employees and customers in the lurch !!! What are we customers to do with unused gift certificates, orders abandoned, etc.? I would love to be in touch with the Winnetka, IL employees just to say I miss you terribly and wonder if you are alright ! You know how to contact me ! Please do, Barbara, Jody and Mary !!!
Mary Cavalier - 2011-08-07 18:18:08 EDTI gave $195.00 fee to Kate Garbarino (the manager of the Manhasset, NY store) for design advise and to apply this fee to what I bought from the store. After calling the store for a few weeks, I went to the store today and found that the store was closed and in bankruptcy. I am very upset about the store closing and my money.
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