64-year-old furniture store franchisee files Chapter 11 bankruptcy
Yahoo Finance·2025-12-06 07:18
Furniture retail chains have faced financial distress this year related to a slow residential real estate market, rising labor and product costs driven by inflation, rising tariff rates since April, and even lingering effects from the Covid pandemic. Economic problems have led several small and mid-size furniture chains to file for bankruptcy protection this year, including Landmark Furniture parent Brenmark Inc., Walker Edison Furniture Company, American Mattress, and 5th Avenue Furniture. American Sign ...