JKM Residence going out of enterprise

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.”

Since 2017, JKM Residence had proven on the Excessive Level Market contained in the CR Laine showroom within the Hamilton Wrenn Design District.

Martin famous that the closure of JKM Residence doesn’t have an effect on any of the opposite items of enterprise within the Taylor-Martin Group, which incorporates retailer Obelisk Residence. Martin mentioned he may also proceed bringing his standpoint to {the marketplace} in different methods.

“We stay extraordinarily dedicated to our ever-growing retail and inside design enterprise at Obelisk Residence and see nothing however a shiny future forward,” Martin mentioned. “I’ll proceed to design and develop lighting, décor and furnishings for main wholesale manufacturers.”

Thomas Lester is Digital/Managing Editor for Residence Accents At present. A graduate of Emory & Henry Faculty’s Mass Communications program, Lester spent a dozen years working for newspapers in Virginia and North Carolina masking an array of topics, starting from neighborhood information, authorities, schooling, ACC sports activities, skilled baseball and extra earlier than becoming a member of Residence Accents At present in 2013. Attain out to me together with your story concepts, ideas and extra at [email protected].