Net furniture marketplace closes its doors

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UrbanDesign Online, a big-ticket furnishings marketplace that caters to manufacturers, showrooms and designers, placed a closed sign on its Web site Nov. 22 saying the company is ceasing operations. "Despite our efforts to aggressively attract venture funding," the message read, "our status as a B2B marketplace, combined with recent failures of well-known furniture Web sites (Furniture.com and Living.com shuttered earlier this fall), has made it impossible to attract funds."

Copyright November 2000, Crain Communications Inc.

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