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On March 5, 2020, Art Van Furniture announced it would liquidate all of their company owned stores and file for chapter 11 bankruptcy. Barker Bros. – Los Angeles-based furniture store chain which was at one time the largest furniture store chain on the west coast for nearly a century before it filed for bankruptcy in 1992
On December 21, 1998, Levitz announced it would close 27 stores and lay off 25% of its workforce. The company downsized its warehouse system from 65 to 17 sites. [4] The furniture market underwent a prolonged nationwide downturn after the September 11 attacks, and was hurt again in late 2007 by the 2007 subprime mortgage financial crisis. [5]
The original downtown store was moved in 2000 to West Morena Boulevard. [4] Between 2009 and 2013 four more locations were added, which opened up the Los Angeles market. [5] By 2015 Jerome's had a total of 11 stores and a turnover of over $147 million, and had attained a top-fifty furniture retail ranking. [6]
American Furniture Warehouse (AFW) is a privately held furniture retailer headquartered in unincorporated Douglas County, Colorado. It was founded in 1975 by entrepreneur Jake Jabs [ 1 ] in a former American Furniture Company store location at 58th Avenue and Bannock in Denver, Colorado .
In July, 1998, the company reorganized and brought in a new financial partner, The Stephens Group, Inc. Conn's market reach was broadened in 1999, when it opened its first store in Baton Rouge, Louisiana, and again in 2001, 2002 and 2003 when it opened its first stores in Austin, Corpus Christi, and in the Dallas-Ft. Worth Metroplex, respectively.
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