Mattress producer Gold Bond has decided to pull out of this week’s High Point Market, opting to host four private regional shows the company said will provide a more focused, personalized shopping experience for dealers.
Rothman Furniture & Mattress, a 90-year-old family-owned retailer with six stores in the St. Louis area, will soon be closing its doors for good, according to a story in the Alton (Ill.) Telegraph.
Home Comfort Furniture & Mattress Center, a four-store chain in the Raleigh, N.C., area, is closing its doors due to the retirement of its owner.
Sears Canada won court approval Tuesday to begin liquidation sales as early as Friday at 59 stores the bankrupt retailer is planning to close, according to multiple media reports.
Sears Canada (TXS: SCC; NASDAQ: SRSC), which filed for bankruptcy earlier this week, said it will close 20 of its 90 full-line department stores and dozens of other smaller-format stores as part of its restructuring.
Dearden’s, a 108-year-old furniture retailer in Southern California, will close all eight of its stores by the end of the summer, according to multiple media reports.
JCPenney announced Friday it will close 130 to 140 stores and two distribution centers in the next few months, allowing the retailer to focus its investments on stores with the greatest revenue potential.