House2Home suspends shipments
November 5, 2001,
Irvine, CA — Following a steep decline in sales, House2Home has stopped shipments for several weeks while it works to balance its inventory.
"The suspension of new merchandise shipments is consistent with our ongoing attention to improve our financial position and store operations," said Herb Zarkin, chairman and ceo.
"Barrington is continuing to explore any and all alternatives," said Michelle Feller, spokeswoman. "The field is pretty wide open."
House2Home completed its conversion from HomeBase stores in August and changed its company name in September to reflect that.