major furniture retailer shutting down
Major Furniture Retailer Begins Widespread “Going Out of Business” Sales as Chain Shutters Dozens of Stores
Hundreds of furniture stores in multiple states have launched going-out-of-business sales after the national chain announced it is closing operations. The closures come as part of a broader trend in which traditional furniture retailers face stiff competition from e-commerce platforms, economic headwinds, and shrinking consumer spending on home goods.