Multichannel retailer iFloor, which filed for bankruptcy in December, has returned as a pure-play ecommerce site. The new entity, simply called iFloor.com, is being operated by a Chinese firm that bought iFloor's assets. The new owner is planning on being exclusively online for the time being, as iFloor's stores all closed before the takeover. Before bankruptcy iFloor had at least 35 brick-and-mortar stores along with its web presence.
Update: a new iFloor
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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.
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This page contains a single entry by David Wertheimer published on April 24, 2009 9:39 AM.
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