Household HSBC Watch

A look back at 2005 shows HSBC Finance Corporation’s merchants for what they really are. Ever wonder why this bumbling group of merchants decided to align their customers with a predatory lender such as Household International? Through questionable credit card processing, first with Household International and now with HSBC Finance Corporation (they […]

This is a list of popular search terms from the past week, as reported by Google and sorted by the number of searches. Since we are HSBC Watch it is no surprise that HSBC is the number one search term. The others are interesting.

HSBC
Furniture
Buy
Best
Credit
NV
LVNV
Funding
Services
Retail
Card
Sherman
Household
Complaints
Rhodes
Bank
www.hrsaccount.com
Acquisitions
Yamaha
HRSI
Account
The information is current as of September 18, 2005.

Rooms To Go will buy Atlanta-based Rhodes Furniture for about $48.8 million. The 126-year-old Rhodes Furniture voluntarily filed for protection under the U.S. Bankruptcy Code on Nov. 4, listing total liabilities of $19 million. The Atlanta Journal-Constitution reported that Sefner-based Rooms To Go won a court-ordered auction for the stores. The Rhodes […]

August 2005 - Rhodes, a 126-year-old furniture company, filed a reorganization plan on June 20 and said it intended to emerge from bankruptcy this fall. Rhodes had already closed three Homemakers stores in the Chicago area last year. Retail experts speculated that Rhodes is closing stores to help it emerge from bankruptcy as a […]

CHICAGO–(BUSINESS WIRE)–Aug. 12, 2005–Great American Group, one of the nation’s premier asset management firms, will commence store-closing sales for Atlanta-based Rhodes, Inc. Rhodes operates home furnishing showrooms under the names John M. Smyth’s Homemakers and Rhodes Furniture. A total of 14 stores (John M. Smyth’s Homemakers, 6 stores; Rhodes Furniture, 8 stores) will be closed […]

Richmond, Va.-based The RoomStore, partnering with a liquidation specialist, has signed a letter of intent to acquire 51 Rhodes stores and other assets for $38.8 million. Rhodes Furniture President and CEO Steve Fishman is leaving the bankrupt chain to become the top executive at closeout retailer Big Lots. Rhodes named its veteran chief financial […]

Sir John Bond, in the golden years of his life, wants to leave a legacy that he can be rightfully proud of. Nobody wants to go out on a bad note. Fortunately or unfortunately, one is often remembered for the major incidents preceeding retirement.

Household International in the news this month, November 2004:
1. HSBC […]

HSBCs North American businesses include HSBC Bank USA, National Association; HSBC Bank Canada; HSBC Mortgage Services; HSBC Card Services; HSBC Retail Services; HSBC Auto Finance; HFC Canada; and HSBC Taxpayer Financial Services as well as the consumer lending business.

They have facilities in Salinas, Calif.; San Diego; New Castle, Del.; Brandon, Fla.; London, Ky.; Las Vegas; […]