SPRINGFIELD, Mo. — JKM Residence, maker of higher finish accent furnishings, goes out of enterprise.
The corporate posted the next on its web site and despatched the identical message by way of e-mail to its prospects, “With heavy hearts we announce the upcoming closing of JKM Residence. All remaining stock is being discounted to our loyal retailers and designers. Please log into your account at jkmhome.com to test availability or contact your gross sales rep. From everybody right here, we sincerely admire your years of help and need you the easiest in your small business.”
J. Kent Martin, the model’s proprietor, famous that the influence of the worldwide pandemic has affected JKM Residence’s provide chain and made it cost-prohibitive to deliver the product to prospects.
“We additionally really feel that the ridiculous prices of containers would make it unattainable for us to ship our product at a good price to our retailers,” Martin mentioned. “Despite being unable to get product, 2020 and to date in 2021 have been fairly good. With our stock degree at an all-time low mixed with the uncertainty and rising prices of future items, now appeared like the most effective time to make this troublesome choice.”