Mon, May 28, 2012, 1:10 PM EDT - U.S. Markets closed for Memorial Day

Fuller Brush files for bankruptcy protection

Historic door-to-door retailer Fuller Brush files for bankruptcy protection

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NEW YORK (AP) -- The Fuller Brush Man is calling ... on bankruptcy court.

Fuller Brush Co. is filing for bankruptcy protection, decades after its fleet of salesmen popularized door-to-door selling in the U.S.

The company, known for its brushes, brooms and cleaning products, launched the phrase "I'm your Fuller Brush Man" into the national vernacular and was once so well known that it spawned a 1948 feature film starring Red Skelton called "The Fuller Brush Man." Fuller Brush men traveled door-to-door with suitcases full of brushes, personal care and cleaning products.

Rev. Billy Graham, television emcee Dick Clark, baseball Hall of Famer Joe DiMaggio and actor Denis Quaid are among former Fuller Brush men, the company claimed in a 2007 statement.

Today, the 106-year-old company has just 180 employees, mostly at its Great Bend, Kan., headquarters. It said it expects to cut costs and discontinue some unprofitable products to emerge a leaner, more profitable company. It plans to continue to develop new ways for selling its products as it reorganizes. Private equity firm Buckingham Capital Partners bought the company from CPAC Inc. in 1997. CPAC also is filing for bankruptcy protection.

Fuller Brush's assets and debts each amount to between $10 million and $50 million.

"After careful consideration of Chapter 11 at this time, the board of directors and senior management team believe this is a necessary step and the right thing to do for the future success of the company," Chief Restructuring Officer Lawrence Perkins said in a statement.

The company, founded in Connecticut in 1906 by Alfred C. Fuller, now sells personal care and household cleaning products directly and through retailers such as Byerly's and Home Depot. It recently tried to update its image with a new website and kitchen and bathroom cleaners. It also expanded its relationship with retailers including Publix markets and Orchard Supply Hardware.

But that was not enough to keep it out of bankruptcy. The company filed for Chapter 11 bankruptcy protection on Tuesday in U.S. Bankruptcy Court for the Southern District of New York.

 

14 comments

  • Hugh  •  Farmington, Michigan  •  3 months ago
    When was the last time ANYONE saw a door-to-door salesman?
  • Ed  •  Dallas, Texas  •  3 months ago
    It's an awful thing when a died in the wool, American company, who has always been fair priced and concerned about their American employees have been brought to this type of demise...Come on Americans...do the right thing and save an American instution from failure, they really don't deserve this from the people they have serviced for countless years. Buy from Fuller Brush..today.
  • Old Sparky  •  Southfield, Michigan  •  3 months ago
    These days if some one comes to your door they are looking taking count at your inventory!
  • jimster  •  3 months ago
    Checked there web site prices seem on the high side plus they charge extra for shipping. Think I will just go to wally world
    • angel 3 months ago
      yup, go to wally world, support the chinese, and if your lucky, it might last you a week.
    • jimster 3 months ago
      Yup, bought my made in the USA Libman mop and broom at walmart. I have purchaced many item made in the USA such as a pressure washer and ammunition come to mind. But you are right they do have some chinese junk.
  • jimster  •  3 months ago
    addition to previous comment: Maybe they can get a government guaranteed loan to update there business plan. Maybe get some Chevy Volts for there door to door salesmen (women) to prospect from
    • Art 3 months ago
      If they were a union company a 100 million dollar bailout would be sent to the home office within a matter of hours.
  • Satyr  •  3 months ago
    If only they had developed a solar powered brush or rechargeable electric broom, they would have been given a $500 million loan from the government.
    • Neutral 3 months ago
      Satyr:If someone doubled your IQ you'd still be a #$%$
    • Satyr 3 months ago
      Neutral, thanks for the productive comment. It tells us everything we need to know about you.
  • Dave  •  Arden, North Carolina  •  3 months ago
    That buggy whip company filed for bankruptcy too early - if they had waited a few years, they would have been bailed out...
  • Jeff  •  Dallas, Texas  •  3 months ago
    Talk about a dinasour. Just like Radio Shack, which is also going out of business, time for them to be extinct.
    • Doug 3 months ago
      Boy, we look alike. I hope people don't mistake your spelling for mine.
  • Neutral  •  3 months ago
    Fuller Brush salesmen: the Fathers of the Boomer Generation....
  • Charlene  •  Pleasanton, California  •  3 months ago
    "Ask not what you can do for me madam, ask what I can do for you." That was the Fuller Brush salesman's pitch. Too bad they didn't sue JFK for plagerism. They could of operated another month or two.
  • Louis  •  Los Angeles, California  •  3 months ago
    H&R Block should go out of business they are crooks.
  • Bill  •  3 months ago
    Another ICON American Company ruined by the liberal, lying, Obama democrats and their economic disasters. The democrats job killer machine is in high gear, as well as the lying blame machine, the Chicago corruption machine.
  • WilhemenaCooker  •  Intercourse, Pennsylvania  •  3 months ago
    sorry, No Solicitation
  • Dave  •  Arden, North Carolina  •  3 months ago
    There != their != they're and to != too
 
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