20 Stores. $90M in Inventory.
The End of a Premier Furniture Institution.
James Schaye, through Hudson Capital Partners, led the court-approved liquidation of Robb & Stucky — one of America's leading high-end furniture and interior design retailers — following the company's Chapter 11 bankruptcy.
The Engagement
Robb & Stucky, founded in Fort Myers, Florida in 1915 and ranked among the top 100 U.S. furniture retailers with peak revenues of $273.7 million, filed for Chapter 11 bankruptcy protection on February 18, 2011. A U.S. Bankruptcy Court in Tampa approved the sale of the company's assets to liquidators Hudson Capital and Hyperams. Jim Schaye, Hudson Capital CEO, estimated the inventory had a retail value of approximately $90 million at the start of going-out-of-business sales, which commenced immediately across all 20 locations. The retailer operated full-line and patio stores in Florida, Las Vegas, Plano (Texas), and Scottsdale (Arizona).
This engagement was led by Eaton Hudson founder James Schaye through Hudson Capital Partners, the predecessor firm whose institutional track record is now represented under the Eaton Hudson banner.
Scope of Work
- Court-approved liquidation of all 20 Robb & Stucky store locations
- High-end furniture, home furnishings, and patio inventory disposition
- Going-out-of-business sale management across Florida, Nevada, Texas, and Arizona
- Co-management with Hyperams
- Unsecured creditor claim management exceeding $60M
The Eaton Hudson Advantage
Robb & Stucky required a liquidator with deep expertise in the high-end home furnishings category — not a commodity liquidation, but a precision disposition of interior-design-driven merchandise with significant brand equity. Hudson Capital Partners' ability to execute cleanly in the luxury home segment, while managing complex creditor relationships and customer deposit obligations, reflects the disciplined approach Eaton Hudson applies to every high-value retail engagement.
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