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House of Sofas Closing Doors
January 2,
2011 by in UnCategorized
By Home Furnishings Business in Retail Closings on January 3, 2011
Ann Arbor, Mich., furniture retailer House of Sofas Furniture will go out of business, the company announced Tuesday.
Juanita Murphy and her late husband, Bob, founded House of Sofas in 1983. After Bob Murphy died in 1999, son Matthew Murphy and his mother continued the family business. The Murphys decided to close the store due to family health issues and the struggling economy.
A liquidation sale of the store's $2 million-plus inventory began Saturday with reductions up to 75 percent on all items from manufacturers that include Lane Furniture, Ashley Furniture, Englander, American Furniture Mfg., Homelegance and others.
"Every item in the House of Sofas multi-million dollar inventory will be sold, regardless of cost," Juanita Murphy said. "This is a wall-to-wall total liquidation."
Matt Murphy said decision to close the store has been a difficult one.
"We are a part of the neighborhood in Ann Arbor and we have loved being a part of so many families' lives," he said. "There comes a time to move on, while we can still offer our customers the quality merchandise and service we're known for."
He went on to assure current customers that House of Sofas will take care of all existing customers needs.
Northbrook, Ill.-based Deere Park Associates is advising House of Sofas on the event.