Luxury Furniture Store Robb & Stucky Files Chapter 11
The company, which was founded in 1915 in Florida, has listed assets and debts in the range of $50 million to $100 million. Furniture Today reports that the bulk of the company's unsecured creditors are home furnishings companies which are owed about $8 million. The brand issued a press release saying that it is looking for a buyer. It employs about 1,300 people and stores will remain open during the transition.