RB Furniture's new top brass to pare chain to just the Southland. (Daniel Selznick, RB Furniture Inc.'s president and chief executive officer, closes stores outside Southern California)

From: Los Angeles Business Journal | Date: September 23, 1991| Author: Cole, Benjamin Mark | Copyright information

RB Furniture's new top brass to pare chain to just the Southland

Operating under new management and ownership, debt-burdened RB Furniture Inc., a Los Angeles fixture in furnishing retailing for decades, will shutter 21 out-of-state stores in a major restructuring, according to company documents.

The 35-year-old retailing operation intends to keep open its 30 Southland shops, despite difficult economics.

"An overall downturn in the economy over the las...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and journal articles from HighBeam Research

A brand-new balance sheet.(new-found success of Chief Executive magazine)
Folio: the Magazine for Magazine Management ; When Arnold Pollard bought Chief Executive from McFadden Publishing four years ago, the controlled-circulation monthly aimed at America's corporate leaders desperately needed a shot in the arm. Advertising was stagnant, revenue sources were limited, and the magazine cried out for a graphic
CHIEF EXECUTIVE.(appointments and promotions)(Brief Article)
Chief Executive (U.S.) ; Herbert Baum, 63, was named chairman, president, and chief executive of Scottsdale, AZ-based Dial Corp., a $1.7 billion consumer products manufacturer. Baum, the president and COO of Hasbro and a Dial outside director, succeeds Malcolm Jozoff, who resigned after the company failed to meet analyst
The marginal chief executive.
Directors & Boards ; Try as it will, even the most highly motivated board of directors sometimes chooses a chief executive who turns out to be less than qualified. Mistakes happen, for example, when the board doesn't really understand the skills required for success in the business. Or, the wrong choice can simply
Corus picks replacement chief executive
The Sunday Telegraph London ; CORUS, the Anglo-Dutch steel company, has appointed a Frenchman, Philippe Varin, 50, as chief executive. He replaces Tony Pedder, who was ousted last month after the Dutch vetoed the sale of the aluminium division to Pechiney, where Mr Varin was senior executive vice-president before joining Corus.
Stephen Green fills chief executive role at HSBC Movers and Shakers
The Sunday Telegraph London ; STEPHEN Green, 54, director in charge of corporate and investment banking and markets at HSBC, succeeds chief executive Sir Keith Whitson, 59, who is retiring after 42 years' service on May 30. Alan Jebson, information technology director, steps up to become chief operating officer. THE Bank of