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Rb Furniture Inc

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BUSINESS
July 22, 1989 | BRUCE HOROVITZ, Times Staff Writer
It was the kind of day that many Los Angeles advertising agencies only dream about. Admarketing Inc. on Friday won an estimated $18 million in annual billings by picking up both the Ortho Mattress Inc. and RB Furniture Inc. advertising accounts. Both companies were formerly with the Los Angeles office of the New York firm D'Arcy Masius Benton & Bowles, which had handled them for less than a year. Several investors share ownership of both privately held retailers.
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BUSINESS
September 10, 1992 | From Times Staff and Wire Reports
RB Furniture Liquidator Settles Charges: The liquidator of the RB Furniture chain has agreed to pay $105,000 to settle false advertising charges, the Los Angeles County district attorney's office said. In addition, the now-defunct furniture chain has agreed to pay $35,000 to settle similar charges against it, pending bankruptcy court approval. Liquidator Gene Rosenberg & Associates of Newington, Conn., and Irvine-based RB Furniture each denied any wrongdoing. Andrea S.
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BUSINESS
November 12, 1991 | GEORGE WHITE, TIMES STAFF WRITER
Citing sales declines, the Irvine-based RB Furniture chain on Monday closed its 28 Southern California stores, saying it would reopen outlets to promote a "cash-raising" sale after Thanksgiving. The actions, the latest sign of a severe national slump in furniture retailing, come amid industry speculation that RB will seek bankruptcy court protection. RB's announcement came one week after Barker Bros.
BUSINESS
May 16, 1992 | From Associated Press
The district attorney's office sued RB Furniture for false advertising Friday, saying the furniture store chain's widely ballyhooed bankruptcy sale was no bargain. The suit, which also claims unfair competition, alleged that RB artificially inflated the claimed regular prices on furniture to make it appear that the new "sale" prices were lower than they were.
BUSINESS
November 16, 1991 | CARLA LAZZARESCHI, TIMES STAFF WRITER
RB Furniture, Southern California's largest remaining local furniture chain, said late Friday that its creditors have forced it into filing for involuntary bankruptcy protection. The Chapter 11 filing represents the second major bankruptcy action for a Southern California furniture chain this month and underscores the difficulties that retailers--particularly those selling high-ticket items--are facing during the region's apparently deepening recession. Barker Bros.
BUSINESS
September 10, 1992 | From Times Staff and Wire Reports
RB Furniture Liquidator Settles Charges: The liquidator of the RB Furniture chain has agreed to pay $105,000 to settle false advertising charges, the Los Angeles County district attorney's office said. In addition, the now-defunct furniture chain has agreed to pay $35,000 to settle similar charges against it, pending bankruptcy court approval. Liquidator Gene Rosenberg & Associates of Newington, Conn., and Irvine-based RB Furniture each denied any wrongdoing. Andrea S.
BUSINESS
May 16, 1992 | From Associated Press
The district attorney's office sued RB Furniture for false advertising Friday, saying the furniture store chain's widely ballyhooed bankruptcy sale was no bargain. The suit, which also claims unfair competition, alleged that RB artificially inflated the claimed regular prices on furniture to make it appear that the new "sale" prices were lower than they were.
BUSINESS
April 15, 1992 | DENISE GELLENE, TIMES STAFF WRITER
Bankruptcy! Immediate Liquidation! Ordered to Sell Out! To furniture liquidator Eugene H. Rosenberg, the promoter for RB Furniture's bankruptcy sale, such howls of distress mean crowds of shoppers and big money. More pain, more gain. To Ventura County Deputy Dist. Atty. Greg Brose, RB Furniture's cries have the ring of deception. Sure, the Irvine-based 29-store chain is in bankruptcy proceedings. But the "immediate liquidation" is now in its fourth month.
BUSINESS
May 9, 1992 | DENISE GELLENE, TIMES STAFF WRITER
The California attorney general's office is investigating complaints that RB Furniture's advertising, which touts its bankruptcy sale as "the sale of the century," is misleading. Herschel B. Elkins, assistant state attorney general, said Friday that he is looking into allegations that some prices being charged by Irvine-based RB Furniture are no lower than prices at competing furniture stores that are not in bankruptcy proceedings. "Their advertising . . .
BUSINESS
November 5, 1991 | CARLA LAZZARESCHI, TIMES STAFF WRITER
Barker Bros., Southern California's oldest furniture chain, filed for bankruptcy Monday morning and said it will liquidate its business to help pay its debts. Hours later, a spokeswoman for RB Furniture in Irvine said her company is "reviewing its current position" amid increasing speculation among its suppliers that the chain will also seek bankruptcy court protection.
BUSINESS
May 9, 1992 | DENISE GELLENE, TIMES STAFF WRITER
The California attorney general's office is investigating complaints that RB Furniture's advertising, which touts its bankruptcy sale as "the sale of the century," is misleading. Herschel B. Elkins, assistant state attorney general, said Friday that he is looking into allegations that some prices being charged by Irvine-based RB Furniture are no lower than prices at competing furniture stores that are not in bankruptcy proceedings. "Their advertising . . .
BUSINESS
April 15, 1992 | DENISE GELLENE, TIMES STAFF WRITER
Bankruptcy! Immediate Liquidation! Ordered to Sell Out! To furniture liquidator Eugene H. Rosenberg, the promoter for RB Furniture's bankruptcy sale, such howls of distress mean crowds of shoppers and big money. More pain, more gain. To Ventura County Deputy Dist. Atty. Greg Brose, RB Furniture's cries have the ring of deception. Sure, the Irvine-based 29-store chain is in bankruptcy proceedings. But the "immediate liquidation" is now in its fourth month.
BUSINESS
November 16, 1991 | CARLA LAZZARESCHI, TIMES STAFF WRITER
RB Furniture, Southern California's largest remaining local furniture chain, said late Friday that its creditors have forced it into filing for involuntary bankruptcy protection. The Chapter 11 filing represents the second major bankruptcy action for a Southern California furniture chain this month and underscores the difficulties that retailers--particularly those selling high-ticket items--are facing during the region's apparently deepening recession. Barker Bros.
BUSINESS
November 12, 1991 | GEORGE WHITE, TIMES STAFF WRITER
Citing sales declines, the Irvine-based RB Furniture chain on Monday closed its 28 Southern California stores, saying it would reopen outlets to promote a "cash-raising" sale after Thanksgiving. The actions, the latest sign of a severe national slump in furniture retailing, come amid industry speculation that RB will seek bankruptcy court protection. RB's announcement came one week after Barker Bros.
BUSINESS
November 5, 1991 | CARLA LAZZARESCHI, TIMES STAFF WRITER
Barker Bros., Southern California's oldest furniture chain, filed for bankruptcy Monday morning and said it will liquidate its business to help pay its debts. Hours later, a spokeswoman for RB Furniture in Irvine said her company is "reviewing its current position" amid increasing speculation among its suppliers that the chain will also seek bankruptcy court protection.
BUSINESS
July 22, 1989 | BRUCE HOROVITZ, Times Staff Writer
It was the kind of day that many Los Angeles advertising agencies only dream about. Admarketing Inc. on Friday won an estimated $18 million in annual billings by picking up both the Ortho Mattress Inc. and RB Furniture Inc. advertising accounts. Both companies were formerly with the Los Angeles office of the New York firm D'Arcy Masius Benton & Bowles, which had handled them for less than a year. Several investors share ownership of both privately held retailers.
BUSINESS
November 5, 1986
The four units, all located in Southern California, are to be sold for an undisclosed price to Laurence A. Crink Jr., currently head of Irvine-based RB Furniture Inc. Crink was part of a management group that had unsuccessfully sought to buy the RB Furniture subsidiary last spring. RB Industries decided to end its search for a potential purchaser of RB Furniture. Crink will resign his posts with RB Furniture before the close of the sale.
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