other material
confidence high
sentiment negative
materiality 0.75
Vystar subsidiary Rotmans Furniture going out of business; liquidation begins Oct 14
Vystar Corp
- Majority-owned subsidiary Rotmans Furniture announces going-out-of-business sale starting October 14, 2022.
- Over $20 million of furniture, mattresses, and rugs deeply discounted at closeout prices.
- President/CEO Steve Rotman retiring from Rotmans but remains CEO of Vystar Corp.
- Vystar retains lease rights to Worcester location; exploring retail use options.
- Rotmans, New England's largest furniture and flooring store, was acquired by Vystar in 2019.