A discount furniture store has announced it will close all of its remaining 89 stores after filing for bankruptcy.
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Value City Furniture announced today it is closing all 79 of its locations, including the last store in the Miami Valley, located in Beavercreek. This decision follows American Signature Incorporated’s recent bankruptcy filing.
The closure comes as American Signature, the parent company of Value City Furniture, filed for bankruptcy approximately two months ago. Workers at the Beavercreek location have begun posting signs indicating that the store is closing and that all sales are final.
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Wendy Sipple, a customer from Middletown, visited the Beavercreek store with her husband to shop for their anniversary. “We’ve been together 30 years. Tomorrow is our anniversary. So, trying to get some furniture for our life,” she said. Sipple noted a 50% discount advertised but found that it was actually only 25%.
As the closing sale continues, Sipple expressed hope for even greater discounts soon. “Expecting more discounts, maybe next Friday. Oh yeah, oh yeah, I’m off so I’ll be here,” she stated, indicating her eagerness to take advantage of the sales as they progress.
While the final closing date for the Beavercreek location has not been confirmed, employees indicated that discounts will likely increase as they prepare to shut down completely.
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