Ft. Lauderdale’s Pearl Artist & Craft Supply has filed for reorganization under Chapter 11 bankruptcy. According to the Sun Sentinel Newspaper, Pearl has an estimated $10 million to $50 million in liabilities and between 200 and 999 creditors. In Chapter 11, a company remains in business while it tries to reorganize its debts under court supervision. The company’s website lists two store locations in Florida and New York, and one each in New Jersey and Los Angeles, CA.
Industry retailer group iAMart recently announced its 2010-2011 slate of Officers and Board of Directors :
• President: Marilyn Hajjar, Arch Drafting Supply, San Francisco, CA
• Co-Vice Presidents: Ed Gamburg & Lou Simeone, Merion Art & Repro Center, Philadelphia, PA
• Treasurer:Johanna Wiseman, Akamai Art & Glass Supply, Port Townsend, WA
• Secretary: Kerry Kemp, Art Outfitters, Little Rock, AR
Dave Thompson continues in his role as the group’s Facilitator.
Check out this amazing window display from Art Media in Portland, OR created by hand to celebrate a great promotion on Montana Gold!
Congratulations to Sam and Gilda Winklemeyer of Santa Barbara Art & Craft Essentials on being voted the best Art Supplier in Santa Barbara, CA by the readers of the Santa Barbara News Press in their 2010 poll.
MERCUR USA, LLC marker of art erasers will shut down its business on 06/30/2010 to concentrate more resources on its home market in Brazil.
GOLDEN Turns 30 & Employees Become Majority Owners! In just 30 short years, Golden Artist Colors has grown from a family operation in a 30 by 36 foot barn on Sam Golden’s retirement property, to one of the world’s most well respected manufacturers of artist paints. To assure the continuation of the founder’s legacy a company Employee Stock Ownership Trust was established and is now the majority owner of Golden Artist Colors. With pride, the company’s head Mark Golden states, “It’s a momentous time in the company’s history and we look forward to growing and enhancing our relationship in all our communities as new opportunities are realized.”
Rachel (Gray) & Chris Workman welcomed Asher Chase Workman into their family on April at 6 lbs 2 ozs. Rachel is Namta‘s Director of Membership & Communications. As you can see, everyone’s doing fine.