^ 'California-Based Z Gallerie LLC Agrees to Pay $15 Million to Settle False Claims Act Suit Alleging Evaded Customs Duties'.

'Upscale Retailer Z Gallerie Enters Bankruptcy, Angles for Sale'. 'Z Gallerie emerges from Chapter 11 bankruptcy'. Archived from the original on July 22, 2015.

'Z Gallerie gets new look with purchase by Brentwood'. ^ a b c Gelsi, Steve (October 14, 2014).List of retailers affected by the retail apocalypse.It also donated 10% of all sales during its grand openings of its Carlsbad location in February 2004, its Watters Creek location in May 2013, its Village Meridian location in June 2014, and its Oakbrook Center in August 2014 to the American Diabetes Association. Between November 14 to Novemit donated 10% of all sales from the Z Gallerie card. In October 2014, it donated 10% of all sales for its location in The Mall at University Town Center. Between November 2 to November 4, 2012, it donated 10% of sales and $5 of each purchase of its aubergine Esque candle. Z Gallerie partnered with the Pancreatic Cancer Action Network in 2002. Z Gallerie contributed a portion of sales to organizations during many of its grand openings and special events. In 2016, Z Gallerie agreed to pay $15 million to settle the allegations. As part of the investigation, the Department of Justice claimed that Z Gallerie and its suppliers mislabeled products they were importing into the United States in order to avoid customs duties. In early 2014, the Department of Justice launched an investigation into a number of wooden bedroom furniture manufacturers who imported goods from China and the retailers to whom the furniture was sold. Īs of October 2022, the company had 25 stores remaining in operation, with just three states - California, Florida and Texas - accounting for half of all these locations. It was also announced that 17 locations would be closed with more closures being planned.

The acquisition included the retailer's headquarters in Gardena, California and at least 32 stores. On July 1, 2019, it was announced that DirectBuy acquired Z Gallerie's assets through a bankruptcy auction for $20.3 million. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. On March 11, 2019, Z Gallerie announced that it has filed voluntary petitions to restructure under Chapter 11 of the U.S. On October 14, 2014, it was announced that Brentwood Associates Private Equity V LP acquired a majority stake in the retailer. On October 27, 2009, the retailer announced they had emerged from Chapter 11 bankruptcy with a $22 million financing package from Wells Fargo Business Credit. On April 10, 2009, the 54-store chain filed for Chapter 11 bankruptcy. In June 1983 they combined their two stores under one roof and opened its first combination store, which included art, home furnishing and home accessories in San Francisco, California. In 1982, the company diversified into home furnishings with the opening of its 'Metro Dezign' store in Santa Monica, California. Their vision was to create a collection of fashion-forward and exclusive home furnishings, art and accessories at an affordable price.

They began to conceptualize stores that carried more than just poster art. They moved their production poster company out of their childhood home and into an actual warehouse and before long, the young siblings had a number of locations across Los Angeles, California. Together, they operated the store during the day and framed posters at night in their parents garage in Van Nuys, California.

In 1979, three siblings, Joe Zeiden, Carole Malfatti and Mike Zeiden opened a small poster shop in Sherman Oaks, California. Z Gallerie is headquartered in Los Angeles, California with an additional buying office in Berkeley, California.Īs of July 2019, the company is owned by DirectBuy. The retailer was acquired by Brentwood Associates Private Equity V LP in 2014. The operation began as a small poster shop and started opening combined retail locations in 1982. Z Gallerie is an American chain of home furnishing, art and decor retail stores founded by siblings Joe Zeiden, Mike Zeiden, and Carole Malfatti in Sherman Oaks, California in 1979. Brentwood Associates Private Equity V LP (2014–2019) DirectBuy (2019–present)

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