Formerly bankrupt furniture store gets $5 billion fresh start

The tenuous deal may be the answer to a renewed business plan.

Feb 11, 2025 - 00:43
 0
Formerly bankrupt furniture store gets $5 billion fresh start

It's been a difficult past several years for legacy retailers. 

The large, typically big box stores have struggled as the consumer landscape undergoes some pretty rapid changes. What used to be considered the status quo for the retail industry is now largely a thing of the past.