It was reported yesterday that Adairs competitor Linen House has...

  1. 14,929 Posts.
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    It was reported yesterday that Adairs competitor Linen House has a $3.3 million receivable from Harris Scarfe that has just gone into administration, 7 days after HS was bought by private equity firm Allegro.

    That is a big lick and if the debt is uninsured will hurt Linen House a fair bit.

    Adairs had a good day today after a sell off yesterday, damn those Iranian rockets into Iraq.
    Last edited by daicosisgod: 09/01/20
 
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