- Source: Home Quarters Warehouse
Home Quarters Warehouse (HQ) was an American chain of "big-box" home improvement stores, originally based in Virginia Beach, Virginia. In 1984, the chemical manufacturing company W.R. Grace & Co. announced its intentions to enter the home improvement retail business, hiring Bernard R. Kossar and Frank Doczi to head the new chain.
History
The first Home Quarters stores opened in February 1985 in Virginia Beach and Hampton, Virginia. Grace spun off HQ in 1986, and in October 1987 HQ was in the midst of doing an IPO when "Black Monday" occurred. The SEC put a moratorium on any IPO until the stock market stabilized.
In December 1987, Hechinger agreed to buy HQ for $66 million (~$152 million in 2023). The merger was completed in February 1988, with Frank Doczi left in charge of the Home Quarters division (Kossar moves on to found OW Office Warehouse, an office supply store that used a logo and branding similar to that of HQ). Under Hechinger, HQ expanded to much of the United States as a viable competitor to Home Depot, Lowe's, and Builders Square.
However, by 1995 its parent company Hechinger was facing financial trouble and began to scale back its operations, including moving HQ's headquarters from Virginia Beach to Hechinger's main office in Landover, Maryland. The Hechinger family sold the company to Los Angeles investors Leonard Green & Partners for $507 million (~$894 million in 2023) in July 1997, and the new management launched new, smaller concept stores called Better Spaces and Wye River Hardware & Home searching for a niche. In September, Hechinger/HQ was merged with San Antonio, Texas-based Builders Square, formerly owned by Kmart.
Liquidation
After several rounds of store closings, Hechinger Co. and Home Quarters Warehouse filed for Chapter 11 bankruptcy protection on June 11, 1999, but the reorganization failed. That September, Hechinger's assets were liquidated, including its 117 remaining stores.
See also
Handy Andy Home Improvement Center
References
Golubovskis, George. "Hechinger no longer our hometown store," Washington Business Journal, July 18, 1997
"Post 200: Hechinger Co.," The Washington Post, April 28, 1997.
"100 JOBS LOST IN HECHINGER OVERHAUL," The Virginian-Pilot August 24, 1995.
External links
Showrooms Furniture
Kata Kunci Pencarian:
- Daftar film yang tidak lengkap
- Home Quarters Warehouse
- HQ
- Hechinger
- Lynnhaven, Virginia
- List of defunct retailers of the United States
- W. R. Grace and Company
- Warehouse
- Home Depot
- Crossroads Plaza (North Carolina)
- Mercury Plaza Mall
Homeward Bound II: Lost in San Francisco (1996)
Adventure, Bioskop Online, BioskopKeren, Cinemaindo, Comedy, Dewanonton, Drakor ID, DrakorIndo, Drama, DramaQu, Dunia21, DutaFilm, Family, Ganool, gudangmovie, IndoXX1, Indoxxi, KorDramas, LayarKaca21, Layarkaca21 INDOXXI, LK21, LK21 XXI, Nonton drama, Nonton Movie, Pahe.in, PusatFilm21, Canada, USA
David R. Ellis
Hannah Waddingham: Home for Christmas (2023)
Bioskop Online, bioskop21, BioskopKeren, Cinemaindo, Dewanonton, Drakor ID, DrakorIndo, DramaQu, Ganool, gudangmovie, gudangmovie21, IndoXX1, Indoxxi, KorDramas, LayarKaca21, Layarkaca21 INDOXXI, LK21, LK21 XXI, Music, Nonton Movie, Pahe.in, PusatFilm21, United Kingdom
Hamish Hamilton
Spider-Man: Homecoming (2017)
Action, Adventure, Bioskop Online, bioskop21, BioskopKeren, Cinemaindo, Dewanonton, Drakor ID, DrakorIndo, Drama, DramaQu, Dunia21, DutaFilm, Ganool, gudangmovie, gudangmovie21, IndoXX1, Indoxxi, KorDramas, LayarKaca21, Layarkaca21 INDOXXI, LK21, LK21 XXI, Nonton drama, Nonton Movie, Pahe.in, PusatFilm21, Science Fiction, USA
Kerry Lyn McKissick
Spider-Man: Far From Home (2019)
Action, Adventure, Bioskop Online, bioskop21, BioskopKeren, DrakorIndo, DramaQu, Dunia21, DutaFilm, Ganool, gudangmovie, gudangmovie21, Indoxxi, KorDramas, LayarKaca21, Layarkaca21 INDOXXI, LK21, LK21 XXI, Nonton drama, Nonton Movie, Pahe.in, PusatFilm21, Science Fiction, USA
Jon Watts, Riley Flanagan
Snoopy Presents: Welcome Home, Franklin (2024)
Animation, bioskop21, BioskopKeren, Cinemaindo, Dewanonton, Drakor ID, DrakorIndo, DramaQu, Dunia21, DutaFilm, Family, Ganool, gudangmovie, gudangmovie21, IndoXX1, Indoxxi, KorDramas, LayarKaca21, Layarkaca21 INDOXXI, LK21, LK21 XXI, Nonton drama, Nonton Movie, Pahe.in, PusatFilm21, Canada, USA
Kaitlyn Sutherland, Raymond S. Persi
How to Train Your Dragon: Homecoming (2019)
Action, Adventure, Animation, Bioskop Online, bioskop21, BioskopKeren, Cinemaindo, Dewanonton, Drakor ID, DrakorIndo, DramaQu, Dunia21, DutaFilm, Family, Fantasy, Ganool, gudangmovie, gudangmovie21, IndoXX1, Indoxxi, KorDramas, LayarKaca21, Layarkaca21 INDOXXI, LK21, LK21 XXI, Nonton drama, Nonton Movie, PusatFilm21, USA
Tim Johnson
No More Posts Available.
No more pages to load.
