Value City Furniture closing all stores after 78 years
NJ.com • • business
Key Points:
- American Signature Inc., the parent company of Value City Furniture, announced it will close all its stores after nearly 80 years, following its Chapter 11 bankruptcy filing in November 2025.
- Liquidation sales began on January 10, 2026, at 79 Value City Furniture stores and 10 American Signature Furniture locations, managed by SB360 Capital Partners, Hilco Global, and Gordon Brothers.
- The company attributed its collapse to a severe housing market decline, low furniture demand, rising costs, tariffs, interest rates, and inflation, with net sales dropping by approximately $150 million between 2024 and 2025.
- Public reactions to the closures were mixed, with some expressing sadness over the loss of the
