Wickes Furniture Going out of Business Sale Begins Sat., March 1, at All Locations...

Thu Feb 28, 2008 6:31pm EST

* Reuters is not responsible for the content in this press release.

Wickes Furniture Going out of Business Sale Begins Sat., March 1, at All Locations in California, Illinois, Indiana, Nevada

            25% To 50% Discounts Offered on All Merchandise
CHICAGO--(Business Wire)--
By order of a U.S. Bankruptcy court, store closing sales will
begin Saturday, March 1, at all 38 Wickes Furniture, Inc. stores in
California, Illinois, Indiana and Nevada. Over $75 million of famous
brand furniture and accessories will be liquidated. (Sales at 5 Oregon
locations are planned to commence later in March.)

   Discounts from 25% to 50% will be offered on all merchandise in
each of the 38 California, Illinois, Indiana and Nevada stores.
Consumers will be able to benefit from very significant savings on
Wickes' entire stock of furniture for the living room, dining room,
bedroom, kids' room and home office. All mattress sets, home
entertainment centers, Oriental rugs and decorative accessories will
be deeply discounted, as well.

   Liquidation of all inventory and store fixtures will be managed by
a joint venture comprised of Hilco Merchant Resources LLC, SB Capital
Group LLC, Tiger Capital Group LLC and Planned Furniture Promotions,
Inc.

   Michael Keefe, President of Hilco Merchant Resources stated, "This
is a tremendous opportunity for every home owner and apartment renter
to take advantage of truly compelling discounts on a huge selection of
brand name furniture and accessories. Anticipating that today's value
conscious consumer will respond very positively to these outstanding
savings on quality home furnishings, we expect this will be a short
sale."

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             NOTE TO EDITORS: STORE LOCATION LIST FOLLOWS

   Store Closing Sales Begin on March 1 at the Following 38 Wickes
                         Furniture Locations:


      1256 N Magnolia              Anaheim             CA        92801
      1482 Second St              Beaumont             CA        92223
    11111 183rd Street            Cerritos             CA        90703
      3615 Grand Oaks              Corona              CA        92881
      3305 Hyland Ave            Costa Mesa            CA        92626
   39825 Avenida Acacias          Murrieta             CA        92562
    1721 Ventura Blvd.             Oxnard              CA        93036
  39626 10th Street West          Palmdale             CA        93551
   3363 E Foothill Blvd.          Pasadena             CA        91107
    11750 Fourth Street       Rancho Cucamonga         CA        91730
6155 Valley Spring Parkway        Riverside            CA        92507
  217 E Club Center Drive      San Bernardino          CA        92408
  26520 Carl Boyer Drive        Santa Clarita          CA        91350
   18850 Hawthorne Blvd.          Torrance             CA        90504
      6161 Sepulveda              Van Nuys             CA        91411
    12704 Amargosa Road          Victorville           CA        92392
    301 Glendora Avenue          West Covina           CA        91790
    1500 S Randall Road           Algonquin            IL        60102
    165 N Randall Road             Batavia             IL        60510
       7220 S Cicero            Bedford Park           IL        60629
    875 E Boughton Road          Bolingbrook           IL        60440
    1757 East West Road         Calumet City           IL        60409
     2606 N Elston Ave             Chicago             IL        60647
   1508 Butterfield Road        Downers Grove          IL        60515
      1200 Bryn Mawr               Itasca              IL        60143
    825 South Rand Road          Lake Zurich           IL        60047
    3240 W Touhy Avenue          Lincolnwood           IL        60645
    3310 Shoppers Drive            McHenry             IL        60050
    1584 S IL Route 59           Naperville            IL        60564
      8247 Golf Road                Niles              IL        60714
    7250 W Cermak Road         North Riverside         IL        60546
   140 Orland Park Place         Orland Park           IL        60462
    580 East Golf Road           Schaumburg            IL        60173
  700 N. Milwaukee Avenue       Vernon Hills           IL        60061
     351 W Dundee Road            Wheeling             IL        60090
  1550 E Lincoln Highway        Merrillville           IN        46410
    1080 W Sunset Road            Henderson            NV        89014
   6425 N Decatur Blvd.           Las Vegas            NV        89131
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Hilco Merchant Resources
mail@hilcotrading.com

Copyright Business Wire 2008
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