Burlington Calls It Quits

MONTICELLO, Ark. — Unable to reach sustainable sales goals, Burlington Rug Corp., an importer and manufacturer of bath, accent and area rugs, will shut down its operations over the next 60 days.

"We were unable to achieve the increase in sales volume we had anticipated and were unsuccessful in our attempts to merge with other companies," explained Gary Brookshire, CEO.

Brookshire joined the company in August as interim CEO upon the departure of former owner Saeid Korhani. At that point the company also assumed new ownership — Prudential Capital Partners LLC.

Since then, Brookshire said, the company has been plagued by rumors of business troubles. While its rug lines at retail were selling "extraordinarily well," he said, the rumors seemed to hinder further growth and new placement opportunities.

"The problem we had was due to continuing concerns regarding Burlington 's insolvency," Brookshire said. "We were unable to gain the degree of new placements we needed to have a sustainable business. It's sad. The employees at Burlington are some of the hardest working, most committed people I've worked with in my career."

Over the next two months, Burlington will continue supplying its current retail customers until it makes arrangements with other rug companies to take over its lines, "so that our loyal customers will feel no effect of our departure," he said.

The company has also put its production equipment up for sale, which includes many FRX tufting machines.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.


HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!