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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
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 ]
The Cumberland Mall, Lenox Square, Northlake Mall, and Town Center Macy's remain open as of 2022. When the Cobb Center Mall store closed in 2004, the furniture clearance center was relocated to Town Center. In 1995, the downtown Atlanta Rich's 1924 store became part of the Sam Nunn Atlanta Federal Center. It is known as "The 1924 Building".
Levitz Furniture store during liquidation sale, December 2007. Levitz was accused of having been poorly run for more than a decade starting in the 1990s. It declared Chapter 11 bankruptcy twice during the period, in 1997 and again in 2005, both times emerging after a corporate restructuring and the participation of new outside backers. [3]
In December 2023, Conn's acquired Badcock Home Furniture & More from the Franchise Group, bringing the overall store count to around 500 stores from both brands. [ 5 ] In July 2024, Conn's warned that it may file for Chapter 11 bankruptcy protection within the coming weeks, blaming inflation, and a decline in sales as part of the decision.
This prominent Midwestern furniture and mattress chain filed for Chapter 11 bankruptcy in early March of 2020, just before pandemic lockdowns began. Hurt by online competitors including Wayfair ...