Bombay Co

Bombay Co. has announced plans to refocus on its lower-priced antique reproduction furniture one week after ousting Robert and Alexandra Nourse. . . .

Home-furnishing retailer Bombay Co., which has liquidated its 388 stores, has obtained a commitment from a U.S. bankruptcy judge in Fort Worth to sign a confirmation order approving a Chapter 11 plan, according to the company's lawyer. The disclosure statement explaining the plan predicted that unsecured creditors would receive 16.4% to 28.9% on their claims. Holders of gift cards are in a separate class and are to receive 25%. The plan was proposed by the company together with the creditors' committee.

Home-furnishing retailer Bombay Co., which has liquidated its 388 stores, has obtained a commitment from a U.S. bankruptcy judge in Fort Worth to sign a confirmation order approving a Chapter 11 plan, according to the company's lawyer. The disclosure statement explaining the plan predicted that unsecured creditors would receive 16.4% to 28.9% on their claims. Holders of gift cards are in a separate class and are to receive 25%. The plan was proposed by the company together with the creditors' committee.

Specialty home-furnishings retailer Bombay Co. said Friday that Gordon Bros. Retail Partners and Hilco Merchant Resources won an auction for its more than 360 stores in the U.S. and Canada. The winning bidders will shut down the U.S. stores and keep the Canadian stores open, according to Bombay, which is based in Fort Worth. It did not disclose the winning bid. Bombay, which said Thursday in court papers that it owed creditors $109 million, filed for bankruptcy protection Sept. 20.

Specialty home-furnishings retailer Bombay Co. said Friday that Gordon Bros. Retail Partners and Hilco Merchant Resources won an auction for its more than 360 stores in the U.S. and Canada. The winning bidders will shut down the U.S. stores and keep the Canadian stores open, according to Bombay, which is based in Fort Worth. It did not disclose the winning bid. Bombay, which said Thursday in court papers that it owed creditors $109 million, filed for bankruptcy protection Sept. 20.

IT isn't a couch -- those have backs and arms, don't they? And when was the last time you saw a button-tufted, leathercovered cocktail table? So what is this large upholstered entity sprouting like an irradiated tuffet in so many Los Angeles homes? Say hello to the ottoman, the new coffee table. Once a lowly afterthought placed at the end of a lounge chair -- nothing more than a footrest, really -- today's ottoman is establishing its dominion.

Twenty-five years ago, a new kind of sparkling water called Clearly Canadian hit store shelves. In flavors such as Orchard Peach and Western Loganberry, the drink soon was raking in $150 million a year in sales. But when faced by growing competition, Clearly Canadian began to fade. By the early 2000s it had all but disappeared. Enter Mark Thomann. Early last year, the Chicago investor bought the Clearly Canadian name, hired a marketing team, contracted a bottler and hammered out a distribution deal to get the drinks back into U.S. supermarkets starting in March.

Bombay Co. Furniture Goes Back to Roots: Cutting short a costly flirtation with trendy customers, the Bombay Co. will refocus on lower-priced antique reproduction furniture, new Chief Executive Carson Thompson said. One week after ousting Robert and Alexandra Nourse from the management team, Thompson said getting back to basics is central to the Fort Worth-based furniture retailer's turnaround bid.

The board of home-furnishings maker Tandy Brands Inc. has approved a plan to spin off its accessories unit into a firm whose common stock will be distributed as a tax-free dividend to parent-company stockholders. The new company, which will make men's and boys' leather products and neckwear, will be called Tandy Brands Accessories Inc. Tandy Brands was itself spun off from Tandy Corp., the electronics giant, in 1975.

Bombay Co. has announced plans to refocus on its lower-priced antique reproduction furniture one week after ousting Robert and Alexandra Nourse. . . .

* Universal Health Services Inc., the biggest U.S. operator of psychiatric hospitals, said the Philadelphia district office of the Securities and Exchange Commission has begun an informal inquiry into the company. * American Airlines will add nonstop service between New York's John F. Kennedy International Airport and John Wayne Airport in Orange County starting April 6. * A New York jury ruled in favor of Philip Morris USA Inc.

On stage, Fisher Stevens, a self-described "thin, white Jewish kid from Chicago," has played everything from a WASPy leading man to a thin, white Jewish kid from Brooklyn. But in the movies, Stevens almost never gets to play an American. "I'm like the U.N.," Stevens jokes. "I've played a Mexican photographer, an Israeli soldier, an East Indian scientist. I turned down a part as an Afghani in 'Rambo III' and right after that I was offered a role as a guy from Uruguay.