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Hali Spechts Inc

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August 18, 1987 | DENISE GELLENE, Times Staff Writer
Hali-Spechts Inc., one of the largest lighting store chains in Southern California, has filed for protection from its creditors under Chapter 11 of the federal bankruptcy laws. The circumstances leading up to the Aug. 14 bankruptcy filing weren't immediately clear. Hali-Spechts, a 30-year-old chain, has suffered from increased competition over the past several years.
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BUSINESS
August 18, 1987 | DENISE GELLENE, Times Staff Writer
Hali-Spechts Inc., one of the largest lighting store chains in Southern California, has filed for protection from its creditors under Chapter 11 of the federal bankruptcy laws. The circumstances leading up to the Aug. 14 bankruptcy filing weren't immediately clear. Hali-Spechts, a 30-year-old chain, has suffered from increased competition over the past several years.
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BUSINESS
January 14, 1987 | BRUCE HOROVITZ, Times Staff Writer
Hali-Spechts Inc. of Los Angeles, one of the Southland's largest retail lighting firms, said Tuesday that it plans to expand into a national chain. In an industry of mostly mom and pop stores, Hali-Spechts said it plans to license the use of its name to at least six stores within the next year and expand over the next five years into what would be the country's first national retail lighting chain, said Alan Specht, president and chief executive of the firm.
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