Domain to Hold Liquidation Sale
Norwood, Mass. Domain, whose stores operate as Domain Home, will conduct a court-ordered bankruptcy liquidation sale beginning Feb. 13, as a result of the company's recent Chapter 11 filing.
The Domain liquidation is being managed by Hudson Capital Partners, of Newton, Mass., and Great American Group, of Los Angeles, two retail-liquidation firms.
The value of the inventory to be liquidated is approximately $20 million. Merchandise to be liquidated will include furniture, accessories, decor items, lighting, rugs and other designer products. The sale will involve Domain's 27 store locations in Massachusetts, Connecticut, New Jersey, New York, Pennsylvania, Maryland and Virginia.
Following the liquidation sale, which is expected to take several weeks, all of the Domain retail locations will be closed. Domain, Inc. filed for bankruptcy on Jan. 18, in the U.S. Bankruptcy Court, District of Delaware.