legacypc46
Gold Member
- 2,322
Did Home Interiors Declare Bankruptcy and Get Bought Out?
Click For Summary
Discussion Overview
The thread discusses the recent bankruptcy declaration of Home Interiors and its acquisition by another company. Participants share various perspectives on the situation, including personal experiences with Home Interiors and related companies, as well as observations about other direct selling companies.
Discussion Character
- Exploratory, Opinion-based, Anecdotal, Meta-discussion
Main Points Raised
- One participant, identifying as a consultant, shares an email stating that Home Interiors declared bankruptcy and is being bought by Better Homes and Gardens, although another participant corrects this by stating it was actually purchased by Home & Garden Party.
- Another participant mentions a past experience with a similar acquisition in the direct selling industry, suggesting that Home Interiors consultants may become H&G consultants.
- One participant discusses their friend's experience with Home Interiors, attributing the bankruptcy to poor leadership and financial mismanagement, including costly partnerships and unsustainable incentives for consultants.
- Several participants express curiosity about the leadership changes and future direction of Home Interiors following the acquisition.
- Some participants share their experiences with Taste of Home Entertaining, noting a decline in visibility and quality, and discussing uncomfortable interactions with consultants from that company.
- There is mention of a former executive level consultant from Pampered Chef who transitioned to Taste of Home, raising questions about recruitment practices in the industry.
Areas of Agreement / Disagreement
Views differ regarding the implications of Home Interiors' bankruptcy and acquisition, with no clear consensus on the future of the consultants involved or the impact on the direct selling landscape.
Contextual Notes
Participants share personal experiences and observations related to the direct selling industry, particularly focusing on Home Interiors and Taste of Home Entertaining, without making definitive claims about the companies' practices or policies.
Who May Find This Useful
Consultants within the direct selling community may find the shared experiences and insights relevant to their understanding of industry dynamics and company changes.
baychef
Silver Member
- 2,833
pamperedlinda
Gold Member
- 10,156
cookingwith_tara
- 517
I use to sell HIG - for 5 years - before making the best decision of my life with PC!!!
They voluntarily filed chapter 11 to downsize EVERYTHING. They had way too much product. Consultants got word about the bankruptcy and started "looking" into other companies. Some of the directors were approached by Park Lane Jewelry to join them. Park Lane would take them at the same level they were in HIG. My former director accepted and they paid for her to go to conference, gave her something like $1,000 worth of jewelry for the kit, and some other incentives. It was outrageous! I don't see how you can guarantee the same results. Just because you're at directorship in one company does not mean it will work in another. Jewelry and home Decor are 2 totally different things! I love home decor but I don't wear alot of jewelry. Wedding ring and earrings. That's it. JMO.
They voluntarily filed chapter 11 to downsize EVERYTHING. They had way too much product. Consultants got word about the bankruptcy and started "looking" into other companies. Some of the directors were approached by Park Lane Jewelry to join them. Park Lane would take them at the same level they were in HIG. My former director accepted and they paid for her to go to conference, gave her something like $1,000 worth of jewelry for the kit, and some other incentives. It was outrageous! I don't see how you can guarantee the same results. Just because you're at directorship in one company does not mean it will work in another. Jewelry and home Decor are 2 totally different things! I love home decor but I don't wear alot of jewelry. Wedding ring and earrings. That's it. JMO.
pampcheflisa
Gold Member
- 680
Teresa Lynn said:
Sorry, I have not been on in a few days.
I honestly cannot remember her name, I'll have to look on the catalog when I get home, because she made sure to tell us to keep the catalog since they "get them for FREE, and they are done by the same people who do the Neiman Marcus catalog".......guess I was supposed to be impressed. She went on about her Lexus she earned, etc.
I know she was a short blond lady who lives in N. of Big D.
I'll look when I get home!
pampcheflisa
Gold Member
- 680
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