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Court filing cites key factors leading to the demise of Bestar, Bush Furniture
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2 Articles
Bestar keeps its closure at the bottom of the drawer. On Wednesday morning, the Superior Court authorized the sale of the Lac-Mégantic furniture factory to a group of buyers, who want to relaunch the company and hand over dozens of employees to work.
·Montreal, Canada
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Court filing cites key factors leading to the demise of Bestar, Bush Furniture
High levels of unsold inventory post-pandemic were a major factor, but so was a $4 million settlement related to a July 2018 Bestar wall bed collapse SHERBROOKE, Québec — A confluence of factors, ranging from a high level of unsold inventory built up during the height of the pandemic to a settlement related to a death resulting from the collapse of one of its wall beds, were among the factors that culminated in the demise of Bestar and its siste…
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Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
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L 100%
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