What happened to HQ hardware store?
The SEC put a moratorium on any IPO until the stock market stabilized. In December 1987, Hechinger agreed to buy HQ for $66 million….Home Quarters Warehouse.
| Industry | Home improvement retail |
|---|---|
| Founded | 1984 |
| Defunct | September 1999 |
| Fate | Liquidation |
| Headquarters | Virginia Beach, Virginia, U.S. |
Who Owned Home Quarters?
Founded in 1984 in Virginia Beach, Virginia, Home Quarters Warehouse was the brainchild of W.R. Grace & Co., a chemical business looking to jump into a new market. Three years later, home-improvement retailer Hechinger bought the new business.
Why did HQ go out of business?
On February 14, 2020, it was announced that the app would immediately cease operations after its primary investors had stopped funding the company and a potential sale of HQ to an “established business” fell through. A final episode of HQ After Dark was aired that night, hosted by Matt Richards and Anna Roisman.
Who bought out Handy Andy?
Assets owned Handy Andy Supermarkets until Houston-based Grocers Supply Co. Inc. took the stores in November 2000 after H.A. Assets defaulted on a $12 million loan.
Is HQ still working?
Then, in February 2020, the inevitable finally happened. HQ Trivia announced that it would lay off its full staff of 25 and cease operations. Its last game, which aired on the 13th of February, was certainly symbolic of the chaotic times it went through.
Is HQ Trivia still a thing 2022?
At its peak, “HQ Trivia” had over 2.3 million players tuning in each night to compete for cash prizes of hundreds of thousands of dollars. However, the app ultimately ran out of funding and shut down in 2020 before returning a few months later.
Did HomeBase become Home Depot?
HomeBase Inc., caving in to home-improvement giants Home Depot Inc. and Lowe’s Cos., said Tuesday that it will bail out of the home-improvement sector entirely, closing 22 stores and converting 62 others into home furnishings businesses.