Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyle10,000 customers have yet to receive furniture for which they put down a deposit (Wiki Commons)Value City Furniture, operating as Value City Furniture and American Signature Furniture, has permanently closed all 126 stores across the nation after filing for Chapter 11 bankruptcy in November. Roughly 10,000 customers are still awaiting furniture orders for which they put down a deposit, a decrease from the initially reported 36,000 unfulfilled orders. Since the bankruptcy filing, $55 million worth of ordered furniture has been delivered, leaving less than $12 million in claims believed to be undelivered. Customers with unfulfilled orders have until April 30 to submit their claims through the bankruptcy case’s website. The business was acquired by ASI Purchaser LLC, a company fully or majority owned by members of the founding Schottenstein family, in a deal approved by a U.S. Bankruptcy Court judge despite objections from creditors. In fullIconic furniture store closes for good leaving 10,000 orders unfulfilledThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Furniture chain closes all US stores as thousands still wait for orders
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyle10,000 customers have yet to receive furniture for which they put down a deposit (Wiki Commons)Value City Furniture, operating as Value City Furniture and American Signature Furniture, has permanently closed all 126 stores across the nation after filing for Chapter 11 bankruptcy in November. Roughly 10,000 customers are still awaiting furniture orders for which they put down a deposit, a decrease from the initially reported 36,000 unfulfilled orders. Since the bankruptcy filing, $55 million worth of ordered furniture has been delivered, leaving less than $12 million in claims believed to be undelivered. Customers with unfulfilled orders have until April 30 to submit their claims through the bankruptcy case’s website. The business was acquired by ASI Purchaser LLC, a company fully or majority owned by members of the founding Schottenstein family, in a deal approved by a U.S. Bankruptcy Court judge despite objections from creditors. In fullIconic furniture store closes for good leaving 10,000 orders unfulfilledThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
