E-commerce | Home Fashion | Retail

The main unsecured creditors of Dormify owed over $4.6 million

Published: November 21, 2024
Author: HFVC

New York — Earlier this week, Dormify, a direct-to-consumer retailer that specializes in dorm supplies and décor, declared Chapter 11 bankruptcy.

The voluntary petition, which was submitted to the Delaware U.S. Bankruptcy Court, listed $1 million to $10 million in assets and $10 million to $50 million in liabilities.

College-related bedding, bath products, pillows, throws, furniture, headboards, lighting, storage, décor, and gifts are still available on the company’s website.

The top 20 unsecured creditors of Dormify include a few suppliers of home goods. The majority of businesses on the list cover the costs associated with managing, advertising, and completing a consumer-direct online business.

Among them are;

  • Simply Sisters Greek: over $32,000 in trade debt
  • VCH (WKND Digital/Lancer Capital Holdings): over $39,000 for omni-channel marketing strategy services
  • Linon Home Deco Products: over $33,000 in trade debt
  • nuLoom Inc.: over $39,000 in trade debt
  • 286 5th Reatly Corp: over $35,000 for office lease
  • FedEx: over $1.2 million
  • Google: over $614,000 for online advertising services
  • Meta Platforms: over $513,000 for social media advertising
  • New Sega Home Textiles North America: over $432,000 in trade debt
  • Jiangsu Royal Home USA: over $424,000 in trade debt
  • Veyer LLC: over $226,000 for logistics services
  • MNTN Digital: over $194,000 for targeted advertising
  • Cargo Trans: over $118,000 for logistics services
  • Klayivo Inc.: over $103,000 for e-marketing services
  • Snap Inc.: over $94,000 for social media adversiting
  • Mirakl Inc: over $87,000 for software services
  • Claystrong Rentals: over $69,000 for warhouse lease
  • Pellettieri, Rabstein & Altman: over $62,000 for legal services
  • WCN Properties: over $153,000 for warehouse lease
  • Commerce Hub Inc. (DBA Rithum): over $139,000 for e-commerce platform services

Domify and The Container Store collaborated to design branded shop-in-shops last year that included Domify bedding. In 2015, the DTC company made its first entry into brick and mortar retail with a branded bedding collection, and it had a similar in-store agreement with Macy’s.

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