Formerly bankrupt furniture store gets $5 billion fresh start
The tenuous deal may be the answer to a renewed business plan.
![Formerly bankrupt furniture store gets $5 billion fresh start](https://www.thestreet.com/.image/c_fit,h_800,w_1200/MjA0NzcwNDAyODA5OTQ3NjQw/a-judges-legal-gavel-is-seen-on-a-desk-in-front-of-a-bankruptcy-court-nameplate--lead.jpg?#)
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.