"For nearly a century, customers have turned to Robb & Stucky for its unparalleled collection of fine furnishings. The liquidation sale provides customers a final opportunity to take advantage of the store's first-class merchandise all at a great value."
— Jim Schaye, CEO, Hudson Capital Partners
FORT MYERS, FL — March 11, 2011 — After more than 95 years in business, the nation's largest high-end interior design and home furnishings company, Robb & Stucky, began its court-ordered bankruptcy liquidation sale on Friday, March 11, 2011. The going-out-of-business sale covers all 20 Robb & Stucky stores located in Florida, Texas, Arizona, and Nevada.
In what would be the most substantial sale in Robb & Stucky's extensive history, inventory valued at approximately $90 million was completely liquidated at significant discounts. The sale included all of the company's brand-name furnishings and accessories — including Ralph Lauren, Elements, Tommy Bahama, Paloma, Trump Home, and Monterey, among others.
The Robb & Stucky sale was managed by a joint venture of leading national retail liquidation firms: Hudson Capital Partners, LLC; HYPERAMS, LLC; and SPCI.
In addition to store merchandise, the liquidation sale included all store furnishings, fixtures, and equipment throughout the chain. Upon completion, all 20 Robb & Stucky stores were closed.
Robb & Stucky filed to reorganize under Chapter 11 on February 18, 2011 in the United States Bankruptcy Court for the District of Florida (Case Number: 11-02801).
About Hudson Capital Partners, LLC
Hudson Capital Partners offers an extensive array of professional solutions to the challenges retailers face, including management of excess, obsolete and discontinued inventory, store closings and relocations, fixed asset dispositions, wholesale inventory buyouts, and lease mitigations. Hudson Capital Partners is the predecessor firm to Eaton Hudson, Inc.
Contact Eaton Hudson →Original release: Woodworking Network — March 11, 2011