40-year-old furniture chain files for Chapter 11 bankruptcy

40-year-old furniture chain files for Chapter 11 bankruptcy

The Street April 17, 2026

The furniture industry has been battling a slump, as sales declined by 0.82% for 2025, compared to 2024 unadjusted, which has led some businesses to file for bankruptcy protection. Furniture and home furnishings sales continued to decline for three straight months in 2026, according to …