Handy Andy Home Improvement Center

Handy Andy Home Improvement Center

Infobox_Company
company_name = Handy Andy Home Improvement Centers, Inc.
company_
company_type = Hardware store
foundation = circa 1980
location = Schaumburg, Illinois
key_people = Richard George, President
industry = Retail
products = Lumber, tools, hardware, garden supplies & plants
homepage = None

Handy Andy Home Improvement Centers was a Midwestern chain of big box home improvement centers led by president Richard George and headquartered in Schaumburg, Illinois. The stores operated in Illinois, Indiana, Michigan, Missouri, Ohio, Tennessee, and Wisconsin. The stores were highly visible and well known for their very large vertical stripes of brown and white that would typically cover the entire building. In 1987, Handy Andy acquired the Forest City lumber chain with stores in Ohio, Michigan, and Illinois from Forest City Enterprises.

Bankruptcy

Handy Andy declared bankruptcy on October 17, 1995, due to creditor pressures, which led to the closure of about 20 of its stores. At that time, Handy Andy had over $120 million in debt and was planning to reorganize into hardware supermarkets. In early 1996, however, creditors forced Handy Andy to liquidate its assets to repay its outstanding debts. On January 25, 1996, Handy Andy announced it would be closing its remaining 54 stores, laying-off over 2,500 employees. By June 1996, Handy Andy Home Improvement Centers ceased to exist.

Resources

* [http://query.nytimes.com/gst/fullpage.html?res=9C07E6D61F39F935A15752C0A960958260 Company News; Handy Home Centers to Close Remaining Stores]


Wikimedia Foundation. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Handy Andy — may refer to:* Handy Andy (tools), a brand of children s carpentry tools * Andy Kane, a carpenter in the influential BBC DIY TV show Changing Rooms * Handy Andy Home Improvement Center, a defunct big box hardware store * Handy Andy (film), a 1934 …   Wikipedia

  • List of defunct retailers of the United States — This is an incomplete list, which may never be able to satisfy particular standards for completeness. You can help by expanding it with reliably sourced entries. Across the United States, a large number of local stores and store chains that… …   Wikipedia

  • Forest City Enterprises — (nyse|FCEA, nyse|FCEB) is a $9 billion diversified real estate management and development company based in Cleveland, Ohio. Its portfolio includes interests in retail centers, apartment communities, office buildings and mixed use projects in the… …   Wikipedia

  • Jewel (supermarket) — Infobox Company company name = The Jewel Companies, Inc. company company type = Subsidiary of Supervalu slogan = Fresh to your family from Jewel foundation = 1899 (Chicago, Illinois, U.S.) location = Melrose Park, Illinois, U.S. key people = Jeff …   Wikipedia

  • Rolling Acres, Akron, Ohio — Rolling Acres is a shopping district in Akron, Ohio. Planning for the area began in 1960s with Forest City Enterprises, a Cleveland real estate company and the powerful Buchholzer family, whose previous endeavors involved financing much of the… …   Wikipedia

  • Список американских телепрограмм по дате начала показа — Содержание 1 2010 е 1.1 2011 1.1.1 Январь 1.1.2 Февраль …   Википедия

  • Seinfeld — For other uses, see Seinfeld (disambiguation). Seinfeld Genre Sitcom Created by Larry David Jerry Seinfeld …   Wikipedia

  • The Cosby Show — Not to be confused with Cosby or The Bill Cosby Show. The Cosby Show The Cosby Show logo used for six of the series eight seasons Format Sitcom Created by Ed …   Wikipedia

  • Tool (band) — Infobox musical artist Name = Tool Img capt = Tool performing live in 2006. Visible from left to right are: Adam Jones, Maynard James Keenan and Justin Chancellor. Img size = 250 Landscape = yes Background = group or band Alias = Origin = Los… …   Wikipedia

  • Tool — en un concierto en Barcelona el 29 de may …   Wikipedia Español

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”