Bombay Company
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The Bombay Company was a furniture and home accessories retailer based in Fort Worth, Texas, United States.
[edit] History
It was founded in 1978 by Brad Harper in New Orleans as a mail-order company. Harper later opened two retail stores in New Orleans. In 1980, Harper sold the U.S. operating rights and established overseas supply channels to the Fort Worth, Texas-based holding company Tandy Brands, Inc., which is publically traded on NASDAQ.
In 1981, Tandy Brands purchased the Canadian rights from Robert Nourse, though Nourse continued to manage the Canadian operations. In 1983, Nourse moved to the United States and assumed responsibility for retail operations.
The Bombay Company filed for Chapter 11 bankruptcy protection on September 20, 2007. All U.S. stores will be closed by the end of the holiday season. The company has been sold to Gordon Brothers/Hilco, liquidiation companies who will continue the closedown scheduled for the first months of 2008.[1] As of January 21, 2008, all US retail stores have been liquidated and closed.
Bombay's Canadian operations have been purchased by the B&C Group, which operates the Benix and Bowring brands.[2] The liquidation of assets will continue, but the stores will retool and re-open under the same name.[citation needed]
