Wyckes Furniture Reviews: Brothers Henry Dunn Wickes and Edward Noyes Wickes, Flint, Michigan, created the first version of the business Wikes. The family Wickes had left New York and settled in Flint in 1854.
They soon settled modestly in the booming wood business in the region. Michigan had some of America’s largest and most chosen pine forests, and land could only be bought at the bargain price of 1.25 dollars per hectare.
The brothers of Wickes and H.W. Wood, a foundry-machine shop specialising in rehabilitating works and the casting of odd metal parts for logging and woodworking appliances, has founded the Genesee Iron Works.
But the pig iron used by the company had to be taken by ship and wagon from Saginaw, Michigan; the machinery made by the foundry was taken back to Saginaw by shipment.
As the company expanded, the closer the foundry to Saginaw, which was then a booming area, the more productive and profitable the business would be. Sun Capital Partners and a Rooms To Go affiliate purchased Wickes Furniture in August 2002.
Wickes filed in February 2008 for Chapter 11 bankruptcy protection. (Sun Capital subsequently bought out Rooms To Go’s stake.
It was declared on 14 February 2008 that Wickes had to recapitalize the company from a buyer or an investor by 25 February 2008 and not close its doors on the basis of the court and creditors’ terms.