Formerly bankrupt furniture chain returns to physical stores
The formerly bankrupt furniture chain plans to open its first brick-and-mortar location since closing all of its stores.
Furniture retail chains have suffered from the same difficulties that other retail sectors have over the last five years beginning with the lingering effects of the Covid-19 pandemic.
Supply-chain issues that were exasperated by the pandemic were followed by a decline in demand for home decor as housing sales declined in 2022 and 2023, caused by rising interest rates.
