HomeClick.com is Closed
Posted by Ann Porter, CKD on April 29, 2009
HomeClick.com has closed.
The site is part of Home Décor Products, Inc. Nine retail websites were operated by Home Décor Products, Inc. including AbsoluteHome.com KnobsandThings.com, Hechinger.com, PoolClick.com, and ChefsCorner.com
The home decor webtailer filed for Chapter 7 bankruptcy siting it owes it’s 20 largest unsecured creditors more than $2.8 million. Excessive inventory costs have been sited as the company’s reason for demise.
It’s reported Home Décor Products, Inc. has assets of $8.1 million and debts of $9.2 million.
The HomeClick website is up for “browsing only.” The Home Décor Products, Inc. website is not up but it’s LinkedIn Page is available.
Home Décor Products, Inc. had Web sales in 2007 of $83.8 million, according to reports by Internet Retailer.
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[...] May 19, 2009 · No Comments Another web-only retailer succumbs to the correction. [...]