The furniture industry has faced economic challenges in the first half of 2025, with several manufacturers shutting down operations, blaming financial distress caused by major headwinds. Among the ...

Residential real estate downturns have led to financial distress and decreased sales for furniture retailers. Multiple furniture chains filed for Chapter 11 bankruptcy in 2025. Furniture chains close ...

EDMORE, Mich.--(BUSINESS WIRE)--Lakeland Mills Furniture Co., a renowned log furniture manufacturer in Edmore, Michigan, announces a change in ownership and leadership. Chad Galloway, alongside ...

PARMA, Ohio - After a soft opening late last year, Cleveland Furniture Company held an official grand opening April 7 at its State Road location -- the former home of Basista Furniture. "The response ...

A furniture mega-chain with stores in 17 states is closing stores after filing for bankruptcy, and customers aren't happy.

American Signature Inc., a 77-year old furniture company, has filed for Chapter 11 bankruptcy protection, citing a sharp slump in furniture demand and rising operating costs. The Columbus, Ohio-based ...