NEFCO Closes Two More Winnipeg Stores

November 9, 2008  by in UnCategorized   

By Home Furnishings Business in Furniture Retailing on November 2008 North End Furniture Co., one of Winnipeg’s largest retailers announced last week it is closing two more stores in addition to the Great Rooms by Palliser location it closed in October, the Winnipeg Free Press reported Friday. The retailer blamed the moves on a tough economy.

NEFCO will close Penthouse Furniture and the Furniture Galleria.

“With deep regret, after 80 years of serving Winnipeg and surrounding areas, we have made the very difficult decision to close our Penthouse Furniture and Furniture Galleria stores forever,” said a letter to customers signed by Larry Adelman, a member of the Winnipeg family that owns NEFCO. “Due to the economic slowdown and the future of the economy, we feel it best to prepare now.”

The letter said the stores will re-open this week for a $10 million going-out-business sale.

A manager, however, at NEFCO’s Leather Express told the paper he understands that the Penthouse Furniture will re-open and that Furniture Galleria’s Thomasville Gallery will relocate to the Penthouse building.