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Local Ashley Furniture Gets Bankruptcy Protection

The owner of the Bakersfield branch of Ashley Furniture Homestore received Chapter 11 bankruptcy protection this month. “If somebody orders something at Ashley, they will get that product,” he said. “We have gotten bankruptcy court orders to make sure that happens.”

The downturn in the retail market and the tightening of the credit market prompted the filing, Mebby Van Ostrand said. She and her husband opened the Ashley store in August 2006.
The store at 8915 Rosedale Highway employs about 40 people. Van Ostrand expects to keep those numbers steady.

Tags: ashley furniture, bakersfield, bankruptcy court, chapter 11 bankruptcy, chapter 11 bankruptcy protection, downturn, rosedale highway

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