1. Corporate Finance

Another furniture retailer prepares to liquidate

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Dive Brief

Z Gallerie, which exited another bankruptcy last year and had also filed in 2009, still hopes to sell itself.

Three lanterns adorn a storefront with sale signs in the windows.

Liquidation sales at Z Gallerie following its 2019 bankruptcy filing. The furniture retailer cited impacts from the pandemic and high interest rates in Chapter 11 court documents this month.

Z Gallerie Closing Sale Shops At Sunset Place, South Miami, in 2019.” by Phillip Pessar is licensed under CC BY 2.0

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