Deere Park Associates, ( http://www.dpa-inc.com ) one of America’s largest and most experienced home furnishing consultants, is currently serving as a
consultant to St. Louis- based DeBasio Furniture in DeBasio’s Going Out Of Business liquidation. DeBasio, with two stores in the St. Louis area, is closing after 78 years of family-oriented business.
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As a home furnishing specialist offering services to companies nationwide, Deere Park Associates was chosen to assist DeBasio Furniture with the largest event in the store’s long history, resulting in the liquidation of its multi- million dollar inventory.
“Deere Park Associates was clearly the best furniture consultant in terms of reliability, integrity, professionalism, resources, and proven success,” said DeBasio president, Mike Noblot. “It is very important to us to maintain the standards and reputation we’ve earned over the past three-quarters of a century.”
The decision to close DeBasio Furniture, founded in 1928, was based on trends in the furniture industry as well as the larger economy.
“Deere Park Associates understands the unique requirements of the furniture business,” said founder and President Richard Glabman. “As a privately owned company with a history of operations in the furniture business dating back to 1900, we are familiar with the tough decisions that furniture store owners must make when faced with dramatic market changes,” Glabman added.
With a team organization of over 750 professionals, Deere Park Associates offers clients unequaled support in financing their businesses, supervising internal operations, developing and executing marketing plans, organizing and streamlining operations, and realizing specific goals on individual projects. Deere Park Associates works individually with clients to determine needs, and develop a variety of strategies including growing a business, financing operations, completing outstanding sold orders, conducting specialty promotions, consolidating or restructuring store operations, or achieving maximum values from inventory liquidation.
ABOUT DEERE PARK ASSOCIATES
Deere Park Associates offers services solely in the home furnishing industry. Services of the company include: general business development; mergers and acquisitions; business financing through temporary bridge loans; inventory appraisals and value guarantees; special order facilitation; leadership personnel and expertise in retail promotion events; advertising development; crisis management and supervision of store closings.
